Social Media Catching On In Real Estate?

January 19th, 2009

I’m seeing more and more REALTORS jumping on board the social media bandwagon of late. More invitations to connect, more followers, more comments on blogs, more requests to join groups. It would seem that many are listening to the news stories hyping social media as the next great frontier. Or maybe they’ve heard their friends and relatives sharing their experiences on social networking sites or talking about their personal blogs. I’m wondering how many got involved simply because one of their prospects asked them, “Are you on Facebook?” (Answer: “Um, sure!” — Sound of car speeding off to race home and register for Facebook —)

Regardless of the reason, I’m happy to see it starting to take hold. Glad to see so many moving outside of their comfort zone, willing to try something new and different in expanding (or maintaining) their real estate business. But I recognize we’ve got a long way to go before we can say that most real estate professionals are using social media. And even further to go before a sizeable percentage are using these tools effectively. Still further to see that most will have moved beyond the overt, in-your-face, leading-with-a-sales-pitch approach to using social media. But hey, we gotta start somewhere.

The culture and rules of social media are going to take time to percolate through to new users. The platforms and navigation are the easy parts. Learning the etiquette of social media is something less formalized and will take trial and error to find its way into the daily practice and thought process of many. Guidance and patience will be required by the “old guard” of social media, allowing the uninitiated to falter and make mistakes.

Social Networking? For Business?

October 21st, 2008

Most people are familiar with social networking - virtual communities where members can connect and collaborate with others from around the globe. Social networking has been major news for the past several months, garnering newspaper coverage, television reports and magazine articles as the media touts the phenomenon as the largest and fastest growing web application since the advent of the world wide web. One national magazine even went so far as to say that “…social networking sites are now more popular than porn sites.” Yeah, they’re that popular.

With well over 400 million registered users worldwide, social networking sites such as MySpace, Facebook, LinkedIn, ecademy and several thousand others continue to attract millions to their online communities. For many members, these sites offer a forum for personal expression; allowing them to share photos, videos and the latest happenings in their lives with those they’re connected to. These sites also offer an opportunity for members to make new friends and reconnect with old. As their name implies, these networks are social in nature.

But is there a business application for social networks? Are they useful tools for a salesperson in prospecting? Can they extend the reach of a company’s marketing efforts? Are consumers even looking on these sites for people or companies to do business with? The answers are yes, yes, yes and yes. I’d add bold typeface here, but I think you get the point…

And that is exactly the point of this site - showing companies and individuals how social networks and the other tools of social media can be used to develop new business, retain past clients and collaborate for the development of new products and services. This site will offer training, ideas, tips and resources for making the most out of your social networking efforts. And while it will be centered around the concept of developing and strengthening your business using these tools, we’ll also have some fun along the way and make new friends. After all, we’re talking about social networking.

~ Brad