Video is the New Photo – WellcomeMat Video App

I’ve been a fan of WellcomeMat for a while now for it’s effortless ease of use, attractive interface and the fact it’s a dedicated real estate platform for video. The latest offering from them is an iPhone app that allows you to post  geo-coded real estate videos to WellcomeMat, Twitter, Facebook, Posterous and YouTube for FREE.

The news was rolled out by their founder here and you can learn more about what WellcomeMat does here and even see a few of our in house offerings on our Union Street Media channel.

We would be interested to hear from anyone that has used this application and their thoughts on its effectiveness, however  the app is currently usable only on the iPhone 3G.

Real Estate Marketing Dollars for Print vs Web

Study into Real Estate Advertising

Disclaimer: we have a good friend that works at the Burlington Free Press and do believe there is a role for print in the real estate advertising model.

This blog article on real estate advertising in newspapers from a veteran media executive is a must read for REALTORS undecided about the ratio of print to web investment. The article states that 6 out of 10 real estate agents think newspaper advertising is useless. However, 80% still buy print ads often just to appease the sellers they are representing!  This is consistent with the anecdotal reports we’ve heard from our clients.

We feel that REALTOR are the expert in their field.  With their knowledge of the market and trends, they are best qualified to know how to market their properties and to whom.  If the high quality leads are coming from the web then this is the sort of quality control that needs to be measured and communicated to sellers.  One client of ours has recently started offering sellers $250 back at closing if he never has to run their house in a print ad.  Think that’s crazy?  Try pitching it as your next listing presentation.

Brian Boardman on real estate marketing

Brian Boardman, the broker and owner of Hickock & Boardman  and a longtime USM client, spoke to us recently about the growing trend of moving away from print to web to market properties.

Filtering Noise from Twitter

Can you have too many followers?

10, 50, 100, 500? There is surely a finite amount of conversations any one person can follow and how well relationships can develop by “drive-by” remarks. It is also true of people following you. How do you provide good value to say a thousand people that follow you?

From a business point of view it is sensible to maintain a smaller volume of followers that are truly interested in your business to keep people engaged and vice versa. The best way to achieve this is to grow organically, which is often a good maxim in business. With the use of APIs (application programming interface) that artificially generate lists of friends you risk becoming a spammer. Much like all interaction with the web it is perhaps wiser to focus on good contributions in your local or national community with content that people want to hear about rather than empty tweets that will often get lost among all the other noise.

Relationship building has become the currency of social media and like any relationship needs to be cultivated, therefore putting a marketing hat on and talking “at” people is not going to cut it in this medium and there won’t be much value gained.

What do you think? Leave your comments.

Real Estate Blogging Objectives

Tired of blogging? No Time?

Recently I came across this forum post by a beleaguered, blogging Realtor.

“when i first began blogging i was very excited i found out a way to reach the world and express my thoughts.My Real Estate blog began to be filled with content and awesome articles. As i continue to blog and expand my audience and continue to grow my business i have found myself exhausted and overwhelmed. I am exhausted every article requires time and thought something that i really dont have. i recently began looking for a ghost blogger but guess what i haven’t found one yet. Does any one have any suggestions?”

As the season gets busier for Realtors, a common issue is finding time to sit down and write a well written blog post with good content. It is wiser to keep a consistent output rather than flurries of activity, so if you only blog once a month that is preferable to a high frequency of blogs and then nothing at all for long periods. Readers will check in at regular intervals but if there is nothing there for ages you run the risk of losing them completely as they think the blog is dormant. Rather than leave your blog dormant until you find the time and energy to jump back in, consider this:

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Adopting video at the right time

Getting into the ‘early majority’ phase

In 1957 at Iowa State College Joe M. Bohlen and George M. Beal developed a simple analogy called the technology adoption lifecycle, which examined a way to look at when people adopt a new technology.

A more in depth explanation of this curve can be found here, but this is basically how it breaks down:

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Targeting homebuyers through social networking

This article from the New York Times highlights how savvy real estate agents are using social networking to target their buyers.

Some important points raised in the article include how the new trends on the web are reaching younger audiences for free. This more tactile marketing by many web-savvy professionals are now sending messages on Twitter, getting referrals on LinkedIn, posting blogs, uploading virtual tours onto the Internet and sending text messages and alerts to customers’ phones when homes come on the market.

Bettie Meinel, vice president for career development at Century 21 Laffey Associates, based in Greenvale, said that because consumers are already online seeing the photos and virtual tours, “that is their first showing.” Actually touring the house shows more serious intent, she explained. “If they like it enough, they make an appointment to come and see that property; that is the second showing,” she said.

Also check out other blog posts on these topics in the social media and video sections.

The Value of Real Estate Video-Bios and Testimonials

In a new era of ‘social’ media and more direct communication with buyers, it’s important to remember to be sociable without the appearances of a hard sell. Realtors are very much used to the meet-and-greet with prospective clients so a natural extension of this is to display these skills on the web.

When we here at Union Street Media talk to our Real Estate clients, we frequently hear that before the dominance of real estate websites they received many more direct calls from perspective clients. These days, they say, there are so many more barriers before that initial phone call happens. Many potential clients want to avoid the pressure of a face to face meeting and are more inclined to make contact via email and contact forms. In this sterile online environment, the opportunity for the broker to display his or her knowledge and personality is limited, thus reducing their direct impact on the buyer. In effect, there is so much more run-around before the broker and buyer actually meet and make a personal connection. This is where the video-bio comes in. If used correctly, the video bio can break down these communication barriers to get across the knowledge and personality that you just can’t achieve through email.

We are proud to present our own video bio for Brian Boardman here, which we produced in-house. Clearly comfortable in front of a camera, you get to see a more personable view of him and not just a slick advertisement.

What are the advantages to video bios?

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The Evolution of Facebook and Twitter

The graying of Facebook

Two articles that comment on the increasing median age of Facebook users, in particular the 35+ crowds. A recent one, ‘Facebook Users Growing Up Fast’ from mediapost.com, talks about how now over half their users are over 25 in part due to the aging of existing users and the influx of older users. It also discusses ways in which marketers are looking to serve this new group of users.

The second one ‘My Midlife Facebook Crisis‘, which came out a year ago,  is a hilarious day-in-the-life style article from the Wall Street Journal. It anecdotally makes the point that we’re all inescapably social net-workers now.

Twitter flying high

Twitter has been getting a lot more mainstream media attention lately, so we thought we’d post this article ‘Putting Twitter’s World to Use’ from the New York Times. Amongst other things it talks about the increasing interaction between businesses and their customers driving business decisions and as a research tool diving into the world’s collective mind.

It’s only upwards for the folks at Twitter.

Why video is good for marketing real estate online.

[Ed. note: The Real Estate Internet Marketing blog welcomes a new voice to the blog, our intern Tom Cull. We think you'll enjoy his perspective and experience working with video in this and other posts.]

Remember when “Video killed the Radio Star“? According to The Pew Internet & American Life Project, almost 15% of all web traffic comes from You Tube and other video-sharing platforms. Couple that with Google’s increasing ability to index video into top search results and using video becomes a key component.

Many small businesses are jumping on this bandwagon as people are becoming more accustomed and willing to watching video online as they are to read text, especially with advertising. Using platforms like YouTube also saves on storage and bandwidth costs with great distribution possibilities from social networking.

But a caveat, large or small it is important to follow some basic rules of online video to communicate your message effectively and not turn off the viewer: Read more