Showing posts with label Brokers. Show all posts
Showing posts with label Brokers. Show all posts

Monday, March 11, 2013

Jakarta, Dubai, Miami Post Big Price Increases


Some of the luxury property markets hardest hit by the economic collapse posted the largest price increases in the world in 2012, according to Knight Frank's annual wealth report.
This article is the exact reason that WorldPosting is being received with great optimism!
Read the full article here.

International Buyers: A Significant Part of Real Estate Sales


NAR has estimated residential sales to foreign buyers at $ 82.5Billion for the 12 months ended March 2012, approximately 8.8 percent of the total residential market by dollar volume (http://www.realtor.org/reports/profilse-of-international-home-buying-activity).  Data for estimated commercial real estate sales to foreigners are more limited.  Real Capital Analytics provides information for transactions greater than $2.5 million.  RCA has reported the total market for larger U.S. commercial property sales over 2001-2012 at approximately $2.8 Trillion, with purchases by foreign buyers in the neighborhood of $212 Billion, or 7.7 percent of total sales.
Thirteen cities accounted for 81 percent of total foreign purchases of commercial real estate in the U.S.
Although commercial real estate sales to foreign buyers are relatively concentrated in the 13 markets, foreign investors have actually made purchases in a large number of cities, as indicated on the map.
Click chart to view larger version.
An interesting question is the choice by international buyers of U.S. cities for investment.
  • Some locations apparently have gained their prominence over relatively long periods of time as well known port cities or key economic centers of substantial size—e.g., Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, and Seattle.
  • Other locations appear to be relatively high growth areas—e.g., Austin, Dallas, Houston, Miami, San Diego, and Washington, D.C.

Jed Smith, Managing Director, Quantitative Research

Jed Smith is Managing Director, Quantitative Research with the National Association of Realtors®. He has worked on real estate issues for the past 20 years, providing input on a variety of housing, commercial real estate, tax, and planning issues. Recently he has been involved in several international studies.

Monday, January 28, 2013

Real Estate Marketing on the Internet


EDUARDO MARQUES, VALIANT CAPITAL PARTNERS ANALYST STATES, “INTERNET WILL SHORTLY BECOME THE MAIN DESTINATION FOR REAL ESTATE ADVERTISING BUSINESS.”  VALIANT CAPITAL PARTNERS IS A $2.7 BILLION SAN FRANCISCO-BASED HEDGE FUND CREATED BY CHRISTOPHER HANSEN. ITS PORTFOLIO INCLUDES APPLE, GOOGLE AND FACEBOOK.
The internet has become the REALTOR‘s digital for sale sign. 5853554-home-for-sale-sign-in-front-of-new-house Per The Digital House Hunt, a Joint Study from National Association of REALTORS® and Google,
  • Home shoppers using search engines are actively engaged, raising their hands asking for more information or assistance.
  • Real estate consumers who use the internet while researching a home are more likely to use multiple sources.
  • REALTORS® using offline marketing and sales channels should incorporate digital to complement those efforts.
The study outlines every demographic group’s increasing use of the internet, internet searches and social media channels and its application to each housing segment.
With the digital for sale sign real estate is global, as proven by the National Association of REALTORS®.study 2012 Profile of International Home Buying Activity ,
  • International Sales are 9 Percent of Total Residential Market.
  • International Sales Grew in U.S. at 24 Percent in Past Year.
  • International Sales–A Specialized Market, Facilitated by Language Skills, Cultural Awareness, and Visibility.
Previsite’s product and services provide the REALTORS® with the tolls and services necessary to meet today’s digital sales requirements.
SOCIAL MEDIA AGENT OFFERING: The package allows the agent to create video tour and publish their listings to Facebook, YouTube, Twitter, the agent website and share on other social sites including LinkedIn, Dailymotion, Delicious, Digg, Stumble Upon, Craigslist and more.   The agent simply input their Facebook, YouTube and Twitter social account URL’s into the offering for this syndication to occur.  All agents utilizing this Previsite Offering will be able to create their own tours and use all the features and services of the Previsite solution on a unlimited basis including but not limited to: floor plans, music and narration, local area maps, syndication to major portals, auto-post to social media sites, lead capture, and statistics.
The agent offering comes in two sizes
1-25 current active listings at $299.95 per year.
26-50 current active listings at $499.95 per year.
Social Media Broker/Company Offering: : The base package includes complete integration of the real estate companies: Website / Listings / IDX, Facebook, Twitter, YouTube, Video Tour.  Previsite will import 100% of Customer’s active listing inventory using different methods most suitable to the Customer (RETS, XML, Web service and ftp). Utilizing Previsite’s Rich Media Content conversion algorithms, Previsite will import those listings data into the latest Previsite viewer, animating still images.  The solution will automatically and daily drive the listings into Facebook, YouTube, Twitter, with additional options for Pinterest, Google plus and Unique URL.   The listings are key word enriched to increase SEO.  All of broker’s agents will be provided an agent tool box cascading the same tools to each agents social channels. 
For information on this product please contact previsitesales@previsite.com.
WorldPosting:  The unique solution “ WorldPosting ” allows your real estate listing to be seen by over 70 million potential buyers and investors with a global network of leading real estate portals.  Previsite will import, process and automatically distribute your listings across a wide range of property portals around the world. Listings are translated to the language specific to that respective portal location.
For information on this product please contact previsitesales@previsite.com.
Virtual Tour, our heritage product is used by tens of thousand agent/brokers and real estate companies world wide. Previsite has developed multiple panoramic viewer (JAVA, Flash, HTML5, etc..) in order to render the best experience for all customers. We also provide customization for Brokers, Franchises and Groups. Pricing for the Previsite VT is $199.95 per year.
Training on all products is provided by Previsite’s professional staff and  via webinar, video library & continued support through phone and email.

Wednesday, October 31, 2012

Brokers confident, but concerned about attracting agents.


In a recent survey of 850 executive's from brokers across the country, it was found that over 70% are confident or highly confident that the real estate market will improve over the next 12 months.  In addition, 42% of these same executives listed recruiting as the biggest challenge over the same period.
Survey question: How confident are you that the housing market will continue to improve in the next 12 months?
SelectionsPercentage of respondents
Confident
64.6%
Less than confident
30.8%
Highly confident
6.2%
Not confident at all
1.5%
Survey question: What is your company's biggest business challenge?
Selections
Percentage of respondents
Recruiting
42%
Profitability
19%
Competition
14%
Source: Imprev Inc. "Thought Survey" conducted September 2012.
Previsite's solution includes an agent tool box, that provides an easy manipulation of the listing/virtual tour, to expand the social marketing of listings, beyond the broker's social accounts.  Agent's insert their social account URL's, one time and the Previsite solution then pumps the virtual tour through the agents accounts, thus expanding the social influence of that respective listing.  In addition, the tool box will publish the listing to Craigslist or a email-able, printable or mobile flyer by pushing a button.
Outline of the Agent Tool Box.
Robert Gawel, broker/owner of Alexa Realty (Tampa/Clearwater/St. Pete, Fl market) stated,  "the agent tool box is a fantastic tool for agents to use for business development and communication with current buyers/sellers, thus the recruitment potential is tremendous."
According to the US Department of Labor, employment of real estate sales agents is expected to grow 11 percent in the next 5 years, with agents in high demand are you using Technology to attract the best agent talent?

Sunday, October 28, 2012

Brokers Strategy Key Leveraging Social into Buyers/Sellers/Listings.


Assisting brokers globally we realize that too many brokers have no idea how social media impacts there website traffic.  Social strategy is vital to driving traffic to your website.  The definition of "Social Media Marketing"  the process of gaining website traffic or attention through social media sites,   it does not state to gain friends, likes, followers, comments, etc.,  etc., it is all about drawing a direct line of traffic into your website.  
 
 
The Previsite solution is unmatched by any other provider!  Affordable, Daily & Automatic, Previsite takes the Listing Feed, creates a virtual tour video posted onto your YouTube Channel and simultaneously pushing that content through all social media channels - Facebook, YouTube, Twitter and Pinterest - with Direct "BackLinks" to the brokers website.  In addition, our solution provides these same tools to each and every agent in the firm, creating a maze of "backlinks" to the brokers website.

la-visionneuse-multimedia-previsite

Brokers: Digital Marketing 101


Great article by Heath Clarke CEO of Local Corporation published on Fox Business.
According to a recent survey conducted by SearchEngineLand.com*, 85% of consumers used the Internet to find local businesses in the past 12 months and one in six consumers use the Internet every week to find local businesses. Yet many small and medium-sized businesses have been late to the game when it comes to building out their presence and marketing online.
We believe there are two reasons SMBs haven’t yet embraced the full power of digital marketing: 1) Confusion over which online marketing efforts will provide the greatest value and 2) Limited resources to devote to marketing, exacerbated by the challenging economic climate.
Digital marketing requires more than just creating a website. SMBs need to leverage the power of online and mobile channels, a growing list of social channels, locally focused online directories and review sites. It can seem too daunting to even begin. More importantly, SMBs have limited budgets to allocate to digital advertising and there is still confusion on how marketing and advertising investments can be measured because some of the benefits are immediate and tangible, and others are just basic necessity.
The good news is that there are a number of relatively-simple, cost-effective ways for SMBs to market online and increase their ability to be found and stay top-of-mind by more of the right local consumers in their area.
Directories
It’s critical for SMB owners to ensure their company is listed in all relevant online directories, maps, apps and popular internet websites. According to research, most SMBs only update their directory listings once.  In order to stand above the competition, SMBs need to think of their listing as an advertisement. Consumers looking for products and services want to see reviews, photos, coupons and have direct access to a current website. If an SMB has listed their company in the past, it’s a good idea to go back and make sure that all of the listings are accurate and current with any changes in location or contact information.
Website
Creating a website is the core to an SMBs online presence.  All other online activities should point to the businesses website and help efficiently generate business. Just like baking a cake, a website requires key content such as a prominently placed local phone number, email address and form for customers to reach their business. For SMBs, having their hours, driving directions, address and a map are critical.  As the online “front door” to their business, they need to ensure their website is professionally-designed, filled with visual elements like videos and photos, and provides links to their Facebook and Twitter pages.
Searchability
Being found online is very important for SMBs because so many people rely on the other major search engines as their go-to source for finding information about local products and services. SMBs should make sure that all of their online marketing and advertising activities are improving SEO and helping their business be found online. This includes making sure they have secured an intelligent URL that is both keyword and geo-targeted to the terms your customers use when they think about your business. The copy on their website should also be search engine optimized with relevant keywords and location based language.
Social Media
The best part of social media is that it’s free… and it works. In a study conducted last year by comScore for 15 Miles and Localeze, findings revealed that 63% of those surveyed are more likely to use a local business if it’s visible on a social networking site. SMB owners without a social presence are missing out on opportunities to easily market their companies and connect directly with their consumers. Twitter and Facebook are great tools for SMBs as it allows them to communicate with potential and current customers in real-time. SMBs should consider putting out Twitter-only coupon offers or posting photos of their work environment on Facebook. There are companies that can manage this entire process for SMBs at low cost and effort. Consumers are already used to interacting with larger brands and small businesses across social channels, so SMBs need to take advantage of this to pull in new customers and maintain relationships with existing customers.
Mobile
Consumers are relying more and more on their mobile devices and tablets to find the things they need online and keep up with their social networks. Yet, less than 10 percent of SMBs have websites that are mobile-compatible (source: vSplash BIA/Kelsey). It’s important for SMBs to consider that their local customers are always on-the-go, and will look on their phones to call them or find their business location. One recent trend is one-touch contact information including phone numbers.   SMBs cannot afford to miss out on these customers because their site is not updated, read-able or even worse, not available via mobile at all.
More than ever, SMBs can reach new customers online. They need to get smart about using the Internet as a tool to engage with new and existing local customers. These simple tips are just the start, but they are the building blocks to help SMBs win more customers and keep them coming back for more.
Heath Clarke is chairman and CEO of Local Corporation.