fbpx

Articles

Which AI Chatbot Subscription Is Best for Your Business?
You've heard the buzz about AI transforming the real estate industry, but with so many chatbot options available, how can you find the one that best fits your business needs? Here's a look at the strengths and weaknesses of five of the most popular AI chatbots: ChatGPT, Claude AI, Google Gemini, Perplexity AI, and Jasper – to help you make an informed decision about which subscription is worth your hard-earned dollars. ChatGPT Strengths: ChatGPT excels at creating high-quality content, assisting with analyzing research, and answering questions, saving real estate professionals significant time and effort. It can generate human-like responses, making it a valuable tool for drafting informative and engaging content. Personalization has been improved with the recent addition of memory storage. Weaknesses: Despite its impressive capabilities, ChatGPT lacks integration with real-time data sources, which may result in outdated or inaccurate information. As news reports have shown, ChatGPT's outputs could include biased or insensitive content if not carefully monitored and filtered. Real use case: A real estate agent can use ChatGPT to draft informative and engaging blog posts about local market trends, homebuying tips, or the benefits of buyers working with a real estate professional. Pricing: A free account provides access to the ChatGPT 3.5 model via web, iOS, and Android unlimited messages, interactions, and history. Pro account: Access to GPT-4 and access to additional tools like DALL·E, Browsing, Advanced Data Analysis, and more: $20 per month per individual. Claude AI Strengths: Claude AI offers round-the-clock availability and highly personalized interactions. It provides valuable assistance with complex questions, making it a reliable resource for agents and clients. Claude's ability to learn from previous interactions enables it to improve its responses and adapt to individual user needs continuously. It is one of the best content creation bots available today. Weaknesses: While Claude can handle many tasks and inquiries, it may struggle with complex, sensitive, or emotionally charged situations where empathy and understanding are crucial. Claude's AI data training has a cutoff date of 2021 and may lack the ability to provide the most current information to inquiries. Real use case: A real estate agent can use Claude AI to create comprehensive and engaging neighborhood guides that showcase the unique features, amenities, and lifestyles of different areas within their market. These guides could serve as valuable resources for potential buyers, helping establish the agent as a local expert. Pricing: A free account provides limited access to basic features, such as answering simple questions and providing general information. The free version also has restrictions on the number of interactions. Claude Pro: For $20 per month per individual, users get full access to all features, including advanced question-answering capabilities and higher usage limits detailed here. Google Gemini Strengths: Google Gemini can help agents enhance client communication and marketing efforts. Its ability to generate highly personalized content makes it a versatile tool for creating engaging marketing materials. Gemini's superpower as a chatbot is its integration with Google Search, which makes it able to provide real-time information. It's also great at summarizing content. Weaknesses: As a more general-purpose AI, Gemini's responses to prompts tend to be shorter, limiting its ability to assist in creating blog posts that require more content. Also, Gemini raised ethical concerns, and its use requires extra caution within an industry that must adhere to fair housing rules and data privacy. Real use case: An agent can use Gemini to create personalized email campaigns that provide valuable information about local housing markets, financing options, or the benefits of homeownership to their client base. Pricing: Google Gemini offers a standard free version that reliably answers questions, summarizes text, and creates basic content (poems, scripts, etc.). Gemini Advanced, which requires a Google One AI Subscription, can provide coding assistance and debugging help, offer complex reasoning and logical problem solving, handle nuanced instructions for creative tasks, and provide longer and more in-depth content for $19.99 per month per individual. Perplexity AI Strengths: Perplexity AI stands out for its integration, providing in-depth, well-researched, and tight responses by drawing information from multiple online sources. It is also highly flexible, allowing users to switch between different AI models, such as ChatGPT-4 and Claude 2.1, to find the best fit for your prompt. Bonus: You can use Perplexity to search Reddit. Weaknesses: Perplexity can be inconsistent with responses and does not handle problem-solving well. Moreover, while it may use search, it does not have the breadth of search coverage as a traditional search engine, as it is limited to the curated sources it has been trained on. Real use case: Perplexity AI does well with math and can help agents better analyze their marketing tracking data. For example, agents can input the performance of different social media posts, providing the content and results for each post to Perplexity, which can analyze the data and provide a summary of interesting trends. Pricing: A free individual account offers basic search functions with limited features. The Pro Plan is $20 a month for an individual (or $200 a year) and includes access to AI models like GPT-4. Jasper Strengths: Jasper is an AI marketing copilot. Its strength is its ability to create highly personalized content that helps real estate agents build their brand and drive engagement. It offers real estate-specific templates and creative writing support, enabling agents to produce social media posts, blog articles, and email campaigns. It does well in creating attention-grabbing content to help agents stand out. Weaknesses: Although Jasper can create engaging content, it may need a deeper understanding of local market dynamics and nuances crucial for effective real estate marketing. As with all AI-generated content, agents must carefully review and edit to ensure accuracy and brand alignment. Real use case: Jasper can help a real estate agent create compelling social media posts, such as showcasing a client success story, highlighting neighborhood or community features, or sharing details about local events to build brand awareness and engagement. Pricing: Jasper offers a 7-day free trial, allowing users to test the platform's capabilities for any paid program during that time. Paid plans per seat start at $39/month (Creator – billed yearly) for one brand voice. Building an AI toolkit Choosing the right AI chatbot for your real estate business can significantly increase your productivity. By reviewing the strengths and weaknesses of each option – and testing out the free versions for yourself – you can find the best chatbot for your AI toolkit. Don't forget that if you struggle with a chatbot or any technology, Tech Helpline analysts can help. This service is available to over 750,000 Realtors in North America as a member benefit from their MLS or association. Whatever you choose – ChatGPT, Claude AI, Google Gemini, Perplexity AI, or Jasper – the key is to find the AI chatbot you will use daily. With the right AI tool in your tech stack, you'll have more time to focus on what matters most: building relationships and closing deals. Related reads From the Tech Helpline blog: 3 Best AI Prompts for Real Estate Agents Best practices for AI in Real Estate Today To AI or not to AI: What are the risks and rewards? Tricia Stamper is Director of Technology at Florida Realtors®, which owns both Tech Helpline and Form Simplicity.
MORE >
What Real Estate Agents Need to Know About Google Core Updates and Google Algorithms
Google regularly updates its search algorithms to improve search results for users. These updates can impact the visibility of websites in search results. While some updates are minor tweaks, others are major algorithm changes that significantly alter how sites are ranked. Real estate agents need to stay up-to-date on Google algorithm changes to ensure their websites and online content remain optimized for high rankings and traffic. Today, in this article from a series of specialized articles on real estate SEO, we will discuss this issue. What Are Google Core Updates? Google routinely releases broad algorithm updates, known as core updates, to improve its search results. These updates tweak how Google's ranking systems evaluate websites and web pages. The goal is to better match what people are searching for on the internet. Core updates can impact search rankings across the web, including real estate websites and listings. Your site and content may go up or down in rankings after an update. How Core Updates Impact Real Estate Website Rankings Google releases core updates a few times per year to improve its search algorithms. These updates can cause major fluctuations in site rankings as Google reassesses the quality and relevance of pages. Your real estate website may gain or lose positions, impacting traffic and lead volume. Preparing for Google Core Algorithm Updates To prepare for potential impacts from a core update, focus on optimizing your content and online properties. Double-check that all content on your website is high quality, accurate, and helpful for users. Google values content that provides real value to searchers, so prioritize giving website visitors useful information over overly self-promotional content. It's a good idea to monitor your search analytics and traffic closely after a core update rolls out. Check your search rankings and traffic to see if there are any major changes. If your rankings or traffic drop significantly after an update, it may indicate an issue with your website or content that needs to be addressed. Don't make major changes right away, but evaluate potential issues and develop a plan to resolve them. While core updates can be worrying, focusing on providing high-quality content and services, keeping your website optimized, and closely monitoring the impacts can help minimize negative effects. FAQs on Google Core Updates for Real Estate Agents Why Do Google Core Updates Matter to Real Estate Agents? Google is the dominant search engine, with over 70% of the search market share. Ranking prominently in Google search results is critical for real estate agents to drive traffic to their website and generate new leads. A Google Core update can significantly impact search rankings, either improving or reducing your position in results pages. Your website may gain or lose a large volume of traffic, impacting your lead generation. What Can I Do If My Rankings Drop After an Update? Double-check that your website is still mobile-friendly and contains no technical issues. Fix any problems immediately. Review your content and do an audit of page quality. Look for any content that seems low value, thin, or keyword-stuffed, and improve or remove it. Continue monitoring your keywords and ranking. It can take time for changes to fully roll out after an update. Where Can I Learn More About Core Updates? There are lots of resources about it, but the best and most trustworthy resource is Google Search Central. To view the original article, visit the Realtyna blog.
MORE >
The Power of RPR and Crexi: Don't Leave Opportunities on the Table
MORE >
NAR Offers Update on Settlement and Pushes Back Deadline to Implement Changes
Big changes are coming to the real estate industry, thanks to the NAR settlement announced in March. Fortunately, real estate professionals now have more time to adapt to these changes. Initially, these "practice changes" were to go into effect in July. However, the National Association of REALTORS® recently announced that policy changes related to the settlement won't go into effect until August 17. So what should Realtors know about these changes before the deadline? NAR recently shared a summary of revisions to the MLS policy handbook, as seen below. A more detailed explanation of each practice change is available on facts.realtor. Realtors can also consult the NAR Settlement FAQ for more information. Summary of policy changes Pursuant to the requirements of the proposed Settlement Agreement, the MLS policies and model MLS governing documents were reviewed and updated with the key changes below: Eliminate and prohibit any requirement of offers of compensation in the MLS between listing brokers or sellers to buyer brokers or other buyer representatives. Retain, and define, "cooperation" for MLS Participation. Eliminate and prohibit MLS Participants, Subscribers, and sellers from making any offers of compensation in the MLS to buyer brokers or other buyer representatives. Require the MLS to eliminate all broker compensation fields and compensation information in the MLS. Require the MLS to not create, facilitate, or support any non-MLS mechanism (including by providing listing information to an internet aggregator's website for such purpose) for Participants, Subscribers, or sellers to make offers of compensation to buyer brokers or other buyer representatives. Prohibit the use of MLS data or data feeds to directly or indirectly establish or maintain a platform of offers of compensation from multiple brokers or other buyer representatives. Such use must result with the MLS terminating the Participant's access to any MLS data and data feeds. Reinforce that MLS Participants and Subscribers must not, and MLSs must not enable the ability to filter out or restrict MLS listings that are communicated to customers or clients based on the existence or level of compensation offered to the cooperating broker or the name of a brokerage or agent. Require compensation disclosures to sellers, and prospective sellers and buyers. Require MLS Participants working with a buyer to enter into a written agreement with the buyer prior to touring a property. The policy changes were reviewed by the MLS Emerging Issues and Technology Advisory Board and adopted by the NAR Leadership Team and will be effective on August 17. Related reading How to Talk About the NAR Settlement with Clients and Prospects NAR Settlement Impact: What to Start Doing Today 100 Things Buyer's Agents Do for Their Clients
MORE >
Show More Articles >

Products

CRS Data MLS Tax Suite
Empower your REALTORS® by adding the MLS Tax Suite as a membership benefit. Since 1989, CRS Data has provided you with a wealth of tax data. Our new, customized MLS Tax Suite by CRS Data integrates seamlessly into your MLS system and gives REALTORS® current tax data, detailed maps and robust features on all browsers and devices. Find listings and FSBOs quickly, evaluate them effectively and give clients professional
MORE >
Get.realtor
Get.realtor is your premier destination for revolutionizing your online presence in the real estate industry. We specialize in providing top-level domains such as .realtor™ and .realestate, coupled with cutting-edge website solutions tailored to elevate your business to new heights. At get.realtor we understand the significance of a strong online presence in today's competitive real estate market. Backed by the NATIONAL ASSOCIATION OF REALTORS® our mission is to empower REALTORS®, real estate professionals and businesses by offering them the tools they need to establish a distinctive brand identity and excel in the digital
MORE >
RPR for Commercial
RPR for Commercial For those specializing in commercial properties, this program providers users comprehensive market data on a single platform. You can search for data by demographic, psychographic, or spending information to identify areas of high concentration of the customers your client is looking to target.  RPR for Commercial also helps business owners find a location based on an analysis of spending data within drive time, radius, or general area. Commercial reports can also be put together in minutes for your client to show trade area, business opportunities chart, or property reports as well.
MORE >
RPR for Agents
Realtors Property Resource® (RPR) is a national property database from NAR® designed to provide REALTORS® with advanced technology tools and features needed to provide clients and customers with dynamic reports and analytics. These features assist in helping your clients and customers make informed decisions when buying or selling property. The Realtors Property Resource application: Is exclusive technology only for REALTORS Does not allow public or consumer access Is a NAR® member benefit provided at no additional charge With RPR, All REALTORS® can access: Tax assessment and public records on over 150 million parcels of propertyin the U.S. Mortgage and lien information Largest national database by county of foreclosure, pre-foreclosure, REO and default Nationwide school data, test scores and parent reviews  Dynamic mapping: School Zones, Neighborhoods, Zip Codes, Cities, FEMA etc. Geo-spatial data including aerial photography, street level and bird’s eye view Census, demographic and lifestyle data Neighborhood information Comprehensive property and neighborhood reporting If the local MLS has partnered with RPR to include MLS data in the system, REALTORS® will also have access to: MLS active, sold, pending, expired, withdrawn and canceled statuses Historic listing comparison tool Realtor Valuation Model® (RVM®) Refine property facts, comparables and RVM® for custom valuation report Charts and Graphs will include trends calculated from MLS data  RPR also offers Broker branding to help reinforce your brand as part of the Want to get started? Watch this video on creating an
MORE >
Show More Products >

Industry News

Revive CTO Mansoor Bahramand Named 2024 'Future Leader in Real Estate'
IRVINE, Calif., May 7, 2024 – Revive, the leading provider of pre-sale home renovation solutions, announced that Mansoor Bahramand, its Chief Technology Officer, has been named a 2024 "Future Leader in Real Estate." This prestigious award recognizes emerging industry leaders under 40 who are forging new paths and pushing the envelope in the real estate industry. The Future Leaders in Real Estate Award is given to individuals who excel in their professional roles and embody the spirit of innovation and leadership that defines the future of the industry. The award highlights those who introduce transformative ideas and show an unwavering commitment to driving innovation within the real estate landscape to redefine real estate practices. This inaugural award, presented by Inman, a leader in real estate news, is a "celebration of the next generation of visionaries who are forging new paths, introducing transformative ideas, and making significant contributions to the evolution of real estate practices." Bahramand, 35, was recognized for his role as a builder, not only of software and new companies but also of relationships. As CTO at Revive, Bahramand leads the engineering department, helping forge new features, interfaces, and experiences to empower people to see the best in their homes. He also co-founded the startup studio Branch, where he thrives in helping others build and innovate. "Being recognized as a Future Leader is not just an honor – it's a reaffirmation of our commitment at Revive to push the boundaries of what's possible in the real estate industry," said Bahramand. "Our goal has always been to leverage cutting-edge technology to provide real value to homeowners and real estate professionals alike." "Mansoor embodies the spirit of innovation that this recognition seeks to celebrate," said Michael Alladawi, CEO and Co-founder of Revive. "His contributions to Revive and the broader real estate technology community are helping to redefine industry standards and practices," he added. Dalip Jaggi, Revive co-founder, added, "Mansoor's ability to translate complex technical concepts into user-friendly solutions has been a key factor in the success of products like Revive Vision AI. His unrelenting commitment to pushing the boundaries of what's possible in real estate technology is exemplary." The complete list of honorees is here. About Revive Revive Real Estate partners with real estate professionals to provide the funding, guidance, and contractors needed to get strategic pre-sale renovations done fast and for maximum value. By providing access to Revive's network of top contractors, Revive homes sell for more and help sellers move ahead by maximizing their sales value. Discover more at www.revive.realestate.
MORE >
Center for REALTOR® Development Partners with Shaping Wealth to Empower Agents with Human-Centric Training Suite
MORE >
Ben Caballero Crushes the World Record for Annual U.S. Home Sales
America's No. 1-ranked sells over 7,000 homes in 2023, totaling $3.6+ billion DALLAS, April 30, 2024 -- Ben Caballero, the No. 1-ranked real estate agent in the U.S. for 10 consecutive years by RealTrends and a three-time Guinness World Record title holder, smashed his own world record for both the number of annual home sales and the annual transaction volume last year. According to multiple listing service data, in 2023, Caballero individually sold an unprecedented 7,012 homes totaling $3.638 billion. Caballero, the CEO and Founder of HomesUSA.com, is a new home sales expert who works directly as the sole listing agent with 60-plus builders in Houston, Dallas-Ft. Worth, Austin, and San Antonio. He is the Guinness Worlds Record title holder for "Most annual home sales transactions through MLS by an individual sell side real estate agent – current," for 6,438 homes sold in 2020. His 7,012 home sales last year translates into an average of more than 19 homes sold every single day of the year, or nearly $10 million in home sales daily. Last year marks the second-straight year Caballero eclipsed the $3 billion home sales mark, as he was the first individual real estate agent in history to exceed the $3 billion barrier with his $3.06 billion annual transaction volume total in 2022. Among his other firsts as a real estate agent: First individual agent to reach $1 billion or more in annual sales (2015, 2016, 2017, 2021) First individual agent to reach $2 billion or more in annual sales (2018, 2019, 2020) First individual agent to reach $3 billion or more in annual sales (2022, 2023) First individual agent to exceed $20 billion in total home sales (2004-2023) First individual agent to exceed 60,000 total home sales (2004-2023) Ben Caballero became a Guinness World Record holder title for the first time in 2016 with 3,556 verified home sales. He set a new world record in 2018 with 5,801 home sales and again in 2020 with 6,438 home sales and remains the current title holder. "I have been blessed for more than six decades to work in the best business in the greatest state in the world," said Caballero, who is 83. He became a Realtor at 21 and was an award-winning home builder for 18 years. A US Air Force veteran and second-generation Cuban American originally from Tampa, Florida, both his parents were real estate brokers. He moved to Dallas in 1960 and lives and works in the North Dallas area. "Texas is the best market for new homes in the US year-in and year-out. Clearly, becoming a Texan is one of the best decisions I ever made," he added. RealTrends has recognized Caballero as the world's most productive real estate agent. It has ranked him the No. 1 individual agent in its annual study every year since 2013. Caballero is believed to have sold more homes than any other real estate agent in history. From 2004 to 2023, he sold 61,126 homes, with a total transaction volume of $23.866 billion. Ben, an innovative real estate and home building trailblazer, invented HomesUSA.com's proprietary online SaaS listings management and marketing platform in 2007. He attributes his record-setting production to this cutting-edge technology, now called SpecDeck, which he recently made available to large builders nationwide to manage their MLS listings and marketing services in-house. Builders interested in SpecDeck can contact HomesUSA.com at (800) 856-2132 or email [email protected]. About Ben Caballero and HomesUSA.com® Ben Caballero, founder and CEO of HomesUSA.com, is a three-time Guinness World Record title holder for 'Most annual home sale transactions through MLS by an individual sell-side real estate agent – current.' Ranked by REAL Trends as America's top real estate agent for home sales since 2013, Ben is the most productive real estate agent in US history. He is the first and only individual real estate agent to exceed $3 billion in annual sales in 2022 and 2023. He was the first agent to exceed $1 billion in annual residential sales (2015-2017, 2021), breaking the $2 billion mark three times (2018, 2019, 2020). Ben, an award-winning innovator and technology pioneer, works with over 60 home builders in Dallas-Fort Worth, Houston, Austin, and San Antonio. His podcast series is available on iTunes, Google and Spotify. Learn more at HomesUSA.com |Twitter: @bcaballero - @HomesUSA | Facebook: /HomesUSAdotcom.
MORE >
New iGUIDE Lead Magnet Generates Real-Time Leads for Real Estate Professionals
MORE >
Show More Industry News >

Companies

Dell Technologies
The tools and expertise you need to do incredible things Dell Technologies stands as an unparalleled technology provider for real estate professionals, whether you are an individual agent, a team leader, or an owner of a multi-office firm. We offer solutions specifically tailored to the unique demands of the real estate industry, Dell Technologies offers a distinctive array of benefits to empower small business owners and entrepreneurs in shaping their digital future and revolutionizing their professional lives. As part of the Dell Technologies family, which encompasses Dell, Dell EMC, Pivotal, RSA, Secureworks, Virtustream, and VMware, customers gain access to the industry's most comprehensive and innovative technology and services portfolio. Put our technology and small business advisory services to work for you with exclusive discounts for RE Technology
MORE >
CRS Data (Courthouse Retrieval System)
Empower your REALTORS® by adding the MLS Tax Suite as a membership benefit. Since 1989, CRS Data has provided a wealth of accurate and reliable property data. Our MLS Tax Suite provides customizable and comprehensive access to property records, prospecting tools, neighborhood comparables and extensive mapping layers. We constantly improve our MLS Tax Suite based on user feedback - and then deliver with personable customer
MORE >
Constant Contact
Constant Contact delivers for the real estate industry with powerful tools to simplify and amplify digital marketing. Whether you’re an agent or a growing firm, our platform is designed to help your business stand out, connect with your audience, and drive real results. Our best-in-class delivery (97%) means your email campaigns reach the inbox—not the spam folder—and our suite of tools allow you to streamline marketing across channels like SMS, social, ads, and events with one platform to accomplish your goals. See what brings thousands of real estate professionals to Constant Contact
MORE >
Realtors Property Resource® (RPR)
This initiative is based on the collaborative efforts of REALTORS® and the real estate community, including Brokers, MLSs and Associations. RPR’s core mission is to reinforce the REALTOR’S® value in the market place by keeping them ahead of the technology curve and better able to serve today’s’ technology empowered
MORE >
Show More Companies >

Webinars

[WATCH] The Future of AI
Intrigued by artificial intelligence? Ever wanted to understand it more deeply? We've got just the overview for you! Last month, RE Technology was joined by Dr. Brons Larson of Dell Technologies for a webinar. Dr. Larson is an applied mathematician with a Ph.D. in artificial intelligence who has worked with AI for two decades. Dr. Larson took us on a fascinating journey, explaining the origins of AI, where it's at now, and where it's headed in the future. Webinar attendees were treated to a discussion that ranged from complexity to how AI learns to the ethics of AI — and, yes, how advancements may impact real estate professionals in the future. So if you want to deepen your knowledge of this rapidly changing technology (and sound much smarter at cocktail parties), watch the full webinar below: Webinar Guests Dr. Brons Larson, AI Ecosystems Lead, Dell Technologies Sara Nauert, Strategic Partnerships and Business Development Analyst, Dell Technologies Moderator: Marilyn Wilson, Co-founder and President, RE Technology Video Timeline 0:00 - Moderator Marilyn Wilson introduces the topic and panelist. 0:54 - Dr. Brons Larson shares his background as an applied mathematician with a Ph.D. in artificial intelligence who has worked in the AI field for 20 years. 2:00 - Dr. Larson offers a snapshot of what AI at Dell Technologies means today. 2:53 - How AI is categorized into three broad areas within Dell. 4:35 - A snapshot of Dell's current AI projects. 8:35 - What's next for AI? An overview of the first, second, and probable third waves of AI. 12:24 - Dr. Larson references quotes from experts, including DARPA's view that AI is essentially a bunch of spreadsheets, and Jeffrey Hinton's suggestion to "throw it all away and start over." 14:47 - Why is a third wave of AI needed? 22:57 - An overview of AI challenges. 25:24 - How human learning differs from how AI learns. 30:45 - How does third wave AI work? 32:15 - What will launch the third wave of AI? 33:45 - Third wave AI offers up an immense opportunity. 36:39 - Impact of shifting from second to third wave AI. 39:05 - Third wave AI and creativity: Will AI replace creative professionals? 42:29 - Sara Nauert shares Dell Technology offers available to RE Technology readers. 44:08 - Dr. Larson answers questions on how AI will impact the real estate industry. Next Steps For questions or more information on Dell Technologies, contact [email protected] Learn more about special offers from Dell for RE Technology readers Watch more webinars
MORE >
3 Must-Read Tips for Building a Digital Brand Identity as an Agent
Creating a digital brand identity as a real estate agent has never been a more important component of the business. Both buyers and sellers spend ample time researching potential agents online long before they make any decisions about who will represent them in the home transaction, typically between six months to a year before they actually hire someone. At the same time, it's never been more difficult to craft a distinct brand as an agent, one that prospective buyers and sellers can trust and understand. There are no doubt a lot of agents competing with you in your market, and standing out from the crowd can be a challenge for even the best agents. In a webinar from October 31, 2023, Marilyn Wilson, President of RE Technology, sat down with John Adams, President of Adams, Cameron & Co., and Peter Newton, President of Big Rock Consulting Group, to talk about actionable ways agents can craft their unique brand identity. Watch the video to get the full experience; meanwhile, here are some between-the-lines takeaways from their presentation. 1. Digital reach matters more than physical distance Buying physical advertising on billboards, park benches, or newspapers has been a tried-and-true tactic that many agents have used to establish and spread their brand identity. However, these days, people who buy a new house are moving farther and farther away from their current residence: up to 50 miles, compared to up to 15 miles in previous years. If the billboard ads are working for you, that's great, but remember that there could be potential clients who are miles away from the places you would most likely post a physical ad. Building a digital brand identity will help you to both cement trust locally and generate leads from outside your immediate area. 2. Working with a high-profile brokerage can give you a head start Both buyers and sellers want to work with agents who have an established brand. For newer agents who don't have as much experience, or even for seasoned agents who appreciate the additional leverage, working with a brokerage that aligns with your brand identity and that has done its own work to market and advertise itself can help provide a boost to your own reach. 3. Be ubiquitous and consistent It takes a certain number of impressions before an individual member of your audience will be able to remember who you are and what you do. That's not an indication that your brand needs improvement; rather, it's proof of how inundated everybody is with information all day, every day, and how consistent and persistent messaging can help cut through the noise to reach your target audience. With that in mind, it's smart to diversify your marketing efforts just like you would an investment portfolio. Create content that consistently showcases you as a real estate expert in your niche for different channels. If you make a neighborhood guide video for your website, ask yourself how you can slice it up and reuse it not just on Facebook, but also YouTube, Instagram, TikTok, Snapchat, and other social media platforms that support video sharing. To learn more about how to establish a niche for yourself and the five steps of building a brand, watch the full presentation. Related reading Real Estate Branding: 6 Steps for Agent Success How to Humanize Your Digital Business A Step-by-Step Guide to Branding Your Business
MORE >
Mastering Real Estate Marketing in 2023: Back to the Basics
When home sales decline in a market, it may feel natural to pull back on spending to conserve your resources. But is that really the right approach? Instead, top agents take the opposite tack: they get even more aggressive on promotion because they know their competitors are cutting back. This leaves an opportunity for top agents to expand their presence. Then, when the housing market turns favorable again, they can come out stronger than ever. Fortunately, you don't have to spend a ton on promotions to be successful. In a recent webinar, we learned how to act strategically to market yourself to sellers and give your listings a virtual advantage. Watch the webinar recording to learn more: Webinar Guests Michael Vervena, VP of Sales and Marketing, Planitar, Inc. Moderator: Marilyn Wilson, Co-founder and President, RE Technology Video Timeline 0:00 - Moderator Marilyn Wilson introduces the topic and panelist. 3:40 - Michael Vervena talks about current market challenges. 6:55 - Buyers and sellers are starting their real estate journey online. 8:35 - What do home sellers expect from a real estate professional? 11:27 - Meeting home buyers' expectations. 17:35 - How to give your online listings a virtual advantage. 22:03 - Technology that provides accurate and reliable data to meet buyers' expectations. 42:20 - Strategies for sharing your listings on social media. 43:11 - How to demonstrate your value by showing your client what you did for them. 48:35 - What makes iGuide unique, and how it helps your marketing strategy. Next Steps To learn more about iGuide, visit GoiGUIDE.com To find a service provider in your area, visit goiguide.com/residential-real-estate Read articles about Virtual Tours, Floor Plans, and Online Marketing Explore more Virtual Tour, Floor Plan, and Online Marketing solutions in our Product Directory Watch more webinars
MORE >
Online Marketing Boot Camp: Don't Be the Invisible Agent
Can your ideal clients find you online? Making your business visible to potential leads isn't as simple as throwing up a real estate website. Online marketing isn't like Field of Dreams — if you build it, they may not necessarily come. They will, however, come if you undertake a consistent marketing strategy. And it doesn't even have to be complex or time-consuming. The key is cross-promoting your marketing content across various platforms so that you reach consumers wherever they are. We learned all about this in a recent webinar. Watch the recording below to find out how easy it is to get started with an online marketing strategy that puts your business in front of your ideal clients. Webinar Guest Brandon Zwingman, National Business Development Consultant, Elm Street Technology Video Timeline 0:00 - Host Brandon Zwingman introduces himself and the webinar topic. 4:11 - The top five online platforms that most agents aren't using in their online strategy. 6:37 - Email marketing: what kind of emails to leverage, how to use them, and what content to include. 18:05 - Blogging: the benefits to SEO, your online visibility, and how to promote. 20:13 - Facebook: Business pages, how often to post, the most valuable types of posts. 33:33 - LinkedIn: "The silent powerhouse" for real estate marketing. 40:00 - Your website: your central place to be found on the internet. 44:22 - The key to effective social media marketing. 47:08 - The way consumers search has changed. 48:00 - Local ranking factors on Google. 49:37 - Setting up your Google Business Page. 53:00 - The importance of your online brand. 56:27 - Money making goals to set for your online reputation. 1:00:41 - A look at how OutboundEngine can simplify your online marketing strategy. 1:14:58 - Go to bit.ly/profilereach to see how your business is displayed online. Next Steps Visit OutboundEngine.com to learn more Read articles about Online Marketing, or explore more Online Marketing solutions in our Product Directory Watch more webinars Register for our upcoming webinar, Real Estate Marketing in 2023: Focus on the Fundamentals
MORE >
[WATCH] The Ultimate Lead Generation Machine: How to Keep Your Repeat and Referral Gears Turning
Did you know that 67% of all real estate leads come from repeat and referral clients? To help our readers learn to nurture this side of your business, we recently co-hosted a webinar with Morris Marketing Group. Webinar attendees learned the latest research on lead generation and conversion, as well as answers to the following questions: Where do the best leads come from? Who is converting them? What is their strategy? Watch the webinar recording below to learn why lead conversion is just as important as lead generation, how to find quality leads, and how to keep your repeat and referral business humming along. Webinar Guest Phil Hollander, VP of Business and Professional Development, Morris Marketing Video Timeline 0:00 - Host Phil Hollander introduces himself and the webinar topic. 5:00 - What type of real estate agent do you want to be? 6:13 - What does having a vision for your business look like? 7:29 - Why you need to generate a steady flow of leads. 7:55 - The Lead Spectrum: a different way to look at leads. 11:33 - Two ways to evaluate a lead. 13:09 - The ideal lead situation. 15:14 - The four dominant personality types of lead generation and conversion. 23:50 - A look at the Prospector and Converter personality types. 25:56 - A look at the Networker and Marketer personality types. 28:59 - How are clients choosing agents these days? 29:57 - Why having a systems-based business is critical to your success. 33:51 - The Success System for generating and converting leads. 36:15 - Component #1 of the Success System: Direct mail newsletter. 40:32 - Component #2 of the Success System: Email newsletter. 41:17 - Component #3 of the Success System: Market updates. 42:29 - Component #4 of the Success System: Birthday and move-in anniversary outreach. 43:01 - Component #5 of the Success System: Phone calls. 44:09 - Component #6 of the Success System: In-person client events. 45:20 - Component #7 of the Success System: Annual real estate checkup. 47:29 - Component #8 of the Success System: Your website. 49:08 - Component #9 of the Success System: Blog and social media content. 51:21 - Strategies for qualifying your database. 53:31 - Quick overview of what we've learned so far. 54:50 - Does the Success System work for new agents? 58:21 - Learn more about the Client Referrals system with a free 20-minute consultation. Next Steps Contact Phil Hollander via email or at 800-308-6134 ext. 217 for a free 20-minute consultation Visit MorrisMarketingGroup.com to learn more Read articles about Lead Generation, or explore more Lead Generation solutions in our Product Directory Watch more webinars
MORE >
Show More Webinars >