Tag: mobile apps for real estate agents

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Five Ways to Select a Trustworthy Real Estate Agent

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Is your preferred agent who they say they are?

If you’ve been following this blog of late (if you haven’t, then you can subscribe here), then you may recall that in a couple of our recent posts we talked about the different tools that are available online to help homeowners find a reputable and trustworthy real estate agent. In one post we talked about the darling of lead generators and comparison websites, OpenAgent; in another, we talked about rating sites like RateMyAgent; and we’ve also discussed looking up an agent’s license using licensing databases in your state or territory.

However, we realise that, if you’ve never sold property before or it’s been a long time since you’ve had to go through the process of finding a real estate agent to sell your home, the process can be a little daunting. So we put together this roundup of the five steps you should take to ensure that you’re selecting the most reputable and trustworthy real estate agent to represent you.

Before we dive right in, we should point out that this list assumes that you’ve already done some rudimentary market research of your local area, and you have a couple of agents names in mind already:

1. Check the licensing register in your State

This is an important first step. Although it’s unlikely you’ll turn up anything untoward, on the off chance that you do, this will help you to discount that agent right away. This is especially important for people who are selling holiday homes or investment properties in areas they’re not very familiar with. You might even like to search for that agent in other states and territories apart from your own, just to make sure they didn’t get into any strife elsewhere before setting up shop in another state. The registers for each state are listed below:

Service NSW

Consumer Affairs Victoria

Regulated Industries, Licensing and Legislation Register Queensland

Department of Commerce WA

Agents Licensing Board NT

Consumer and Business Services SA

Property Agents Board Tasmania

Business and Industry Licensing Public Register ACT

2. Visit the agents’ websites

Do a search of each agent and see if they have their own website that’s separate from their agency’s corporate website. Have a look at the kind of information they provide on their website. Do they publish regular market updates? Do they provide any information about how they work? Have they answered a question or provided information about the sales process or current trends in the market that you found useful?

Give priority to the agents who see the value in providing buyers and sellers with helpful information based on their experience in the industry over the agents only interested in self promotion.

3. Check the agents’ social media accounts

Most agents have some social media presence, so don’t forget to check what they’re doing on Facebook and Twitter and so on, before appointing them as your agent. Look at their feeds to see how they’re interacting with other users online — are they responding to the inquires and comments that have been left for them there? What kinds of comments have people been leaving on their Facebook pages and tweeting to them?

Social media is usually the first port of call for people who are either really satisfied with the experience they’ve had with a business, or really dissatisfied. How an agent deals with both forms of feedback reveals a lot about their character and how they conduct themselves.

4. Read the reviews left on ratings websites

You’d check out the reviews left for a restaurant or hotel on Yelp or TripAdvisor, wouldn’t you? So why wouldn’t you visit a real estate ratings site, like RateMyAgent or RealSatisfied, to see what kinds of reviews have been left for agents there? Keep in mind that for both RateMyAgent and RealSatisfied, agents can pay the platform a monthly fee to manage their profile and the reviews left for them there. What control that gives agents over how they deal with negative reviews is unclear. You might also like to check TrustPilot, which is another ratings websites, though one that doesn’t specifically cater to the real estate industry.

5. Interview the agent in person

Once you’ve done all the online checks you can, it’s time to line up a meeting with your preferred agent (or agents), to see if they’re as impressive IRL (that’s in real life, for those of you playing along at home) as they are online. Don’t be afraid to tell the agent you’re still considering other agents — how they handle this comment will tell you a lot about the sort of person he or she is.

Quiz each agent about recent changes to legislation or real estate practices that might affect the sale of your home. The way they answer these questions should reveal to you how closely they monitor changes in their industry, and, in turn, how committed they are to CPD. This is the final step in deciding which agent is best suited to sell your property. You should also spend some time discussing commission, marketing options, sales methods, and other areas that will affect the sale of your home.

By the time you’ve worked your way through this checklist, you should be ready to appoint a real estate agent to sell your home — congratulations!

If you would still like to learn more about the real estate sales process, including how to manage inspections, offers and following up with buyers, you can download our free educational guide. Alternatively, for more real estate news, insights and analysis, subscribe to our blog.

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How Do RateMyAgent and RealSatisfied Compare to LinkedIn?

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The truth about testimonials

In nearly every guide to selecting a real estate agent, homeowners are instructed to look at, not just an agent’s sales history, but also how satisfied the buyers and sellers who dealt with that agent in the past were. Most agents will include a few testimonials on their websites and in the shop windows of their offices, but those are mostly subjective, because they’ve been cherry picked from a stack of other similarly glowing reviews. People are more aware of this now, so they’re more sceptical about relying on testimonials supplied to them from the agent.

Enter two real estate agent ranking and review sites: RateMyAgent and RealSatisfied. Both services provide a platform for buyers and sellers to leave honest reviews, so that future vendors can use this feedback to make their decision about appointing an agent to represent them in the sale of their home. They also provide detailed statistics about each region throughout Australia, including the top agencies by market share, the number of recent sales in the region, and the number of active agents and agencies operating in the area.

Ratings sites offer tools for agents, too

For agents, a platform like RateMyAgent, which was developed in Australia, and is now in beta mode in the United States, where it plans to launch a US version of it’s service in September, provides a range of tools, such as the ability to broadcast reviews on the RateMyAgent website to your social media accounts, create listing reports that contain detailed statistics about recent sales history for prospective vendors and clients, connect RateMyAgent to your website and include a live feed of client reviews, and more.

Of course, there’s also LinkedIn, which allows agents to include much of the same information in their profile, and also has the capacity to handle recommendations from people they’ve worked with in the past. But LinkedIn is a tool that’s mostly used by recruiters to find staff, and is likewise used by individuals who are looking for work. While there’s certainly no harm in an agent creating their own LinkedIn profile and using it to connect with other professionals, it’s unlikely to help them generate new leads and get more listings.

Consider your online presence carefully

The internet is practically teeming with social media platforms and other tools to help businesses develop their online presence, but just because there’s a platform, like LinkedIn or Pinterest or RateMyAgent or something similar out there, it doesn’t mean you have to be using it to have success online. Remember that the more social media accounts and other platforms you’re active on, the more time you will need to spend keeping them up-to-date, even if many of them fail to deliver any new leads.

With this in mind, develop your online presence strategically by selecting the platforms and channels that are most relevant to you, your business or industry, and your clients, and only creating a profile on the ones that will help you to achieve your goals. Before investing time in a particular platform, look at its performance metrics and consider whether they’re aligned with your own business goals. If they’re not, then there may be other options that are more worthy of your time.

If you’re looking to kick start your online presence, using social media or a platform such as RateMyAgent, contact our team to discuss which options are best suited to you and your business goals. Alternatively, to learn more about digital technologies that help real estate agents build an online presence, subscribe to our blog.

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Is Facebook Going to Become the Next Big Thing in Real Estate?

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What ‘data’ makes Facebook so valuable?

As the most successful and most widely-used social media platform in the world, Facebook has amassed a lot of data over its 12 years of existence. That data is what makes Facebook so valuable, but it’s also what guides its business decisions. Facebook knows what emerging trends will be the next big thing, before you could even conceivably call them emerging trends. It’s how they knew to acquire Instagram; to introduce online advertising; expand into news publishing, by developing its Instant Articles service. Facebook is also a major platform for businesses, because of its emphasis on building communities, with whom you can share and discuss information that’s important to you. And all that data Facebook has under its belt, makes it easy to target people not already a part of your community.

Indeed, Facebook is also a major focus of nearly every real estate agent we speak to when we’re discussing their digital marketing strategy. Every agent wants to be on Facebook, and given that it’s more popular than… well, to borrow a phrase from John Lennon, Jesus, it makes a lot of sense to be using Facebook as part of your content marketing strategy. But there are a lot of real estate services using Facebook in ways that have the potential to disrupt the real estate model even further than it already has been.

Using Facebook as a directory for real estate agents

All that data Facebook has under its belt, in addition to the sheer volume of people who use Facebook on a daily – if not, multiple times per day — basis, has made it a very useful platform for real estate businesses to create online directory resources that connect buyers and vendors with real estate agents. The American-based HomeASAP service is the number-one real estate agent directory on Facebook, with over 457,000 members in its directory. As a directory that also connects buyers with real estate listings, it has the power to change the way people look for and buy real estate.

Although real estate agent directories aren’t new — there are plenty similar services, like followit, Local Agent Finder, Agent Select, etc — HomeASAP is unique because it’s directory is hosted entirely on Facebook. Only buyers, vendors and agents with a Facebook account can access the directory, further evidence that Facebook has, itself, become a search engine in its own right. And because the service is hosted on Facebook, you’re able to capture more data than if a person were to anonymously visit your a website.

Could Facebook topple the Big Two property portals?

Facebook Social media and digital marketing to sell real estate and property in Newcastle, Central Coast and Lake Macquarie

Facebook allows agents to monitor who’s visiting their page, and it also provides them with a casual way of engaging with potential buyers and sellers who may not be ready to speak on the phone yet. This isn’t possible on a property portal — whether it’s an app or website. Sure, you can track them by inserting a line of code into your website, but they’re still anonymous until they give your their contact information.

With Facebook, you know who’s visited your Facebook page, and you can make contact with them by making a friend request. Because Facebook also makes it easy to share and disseminate information right from the platform itself, it has the potential to topple the property portals, which currently provides agents with little promotional or marketing opportunities, and likewise provides only very rudimentary statistics about who has viewed their listings.

Considering that, second only to Google, Facebook is the world’s most used website and is responsible for generating a quarter of all web traffic, it certainly has the potential to become a powerful player in real estate. If Facebook isn’t already a part of your content marketing strategy, you’re missing out on valuable lead generation opportunities, not to mention potential buyers who may be looking for their next home.

Success on Facebook begins with a successful strategy

Facebook is the ultimate social media platform, and even though it’s an effective platform to build your online profile and market your services to potential buyers and sellers, your success is still entirely dependent on whether you’re using Facebook in the spirit in which it is intended — a social network to connect with people and share information that matters to you, with the emphasis being on the word ‘social’.

To be social means to have a free flow of information that people will engage with, comment on and share within their own, wider social network. If you want to keep people engaging with the information you share with them, you need to create a strategy that starts a conversation and encourages others to continue that conversation.

Learn Digital Marketing or get our help

To use Facebook to begin building your online brand and find out which digital marketing tools will suit you and your digital marketing goals get a free digital marketing consultation.

Alternatively, learn about digital marketing in our online Digital Marketing Training Courses or read about technologies that help real estate agents build an online presence, subscribe to our blog.

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Build Your Online Profile Using a Mobile App

Mobile apps for real estate agents

You can now create your own beautiful business apps

Now that property marketing has mostly moved online to property portals like realestate.com.au and Domain, a real estate agent’s ability to leverage their current listings to get new ones has been significantly eroded. This is a trend is set to continue as the real estate model becomes further disrupted by technologies that shift buyer behaviour from searching for properties, to waiting for a notification about one that matches their requirements. These days, if an agent is to build brand awareness from which they can generate new listings, they need to spend time building their profile online, and the best way to do that is to use content marketing.

Content marketing involves creating and publishing original and engaging content online. The content you create can be anything, from educational videos to informative blog posts to downloadable guides. But if you want to get really original and really, really engaging, you could even create your own app that you can use to push all sorts of content and notifications directly out to vendors and buyers alike.

Applications are the future of online marketing

Apps are where the future of online marketing is going, as more and more people use devices — like smartphones, tablets and even smart watches — rather than desktop computers and laptops to access information online. Applications also improve the user experience, while providing the developer with valuable information not usually available when a person simply browses a mobile version of a website.

Developing your own custom app is now increasingly simple, just as creating your own website is, thanks to WordPress and other such content management systems. An app development system like Flok, for example, allows you to easily create your own app — and a beautiful one, at that — and then promote it using social media, email and SMS marketing, with a built-in analytics dashboard to measure its success. Apps work best for businesses with repeat customers, so try to create your app with the goal of encouraging people to use it regularly.

It’s time to build lasting relationships

For too long, a lot of real estate agents have neglected to build lasting relationships with their buyers and sellers, seeing the sale and purchase of a property as a one-off transaction that’s not likely to come around again anytime in the near future. This was all well and good when people turned to newspapers, shopfront windows, and signboards to find out about a local agent in their local area, but this isn’t how the real estate model works anymore.

Agents need to prioritise building lasting relationships online, long before a homeowner has even considered selling their property, so that when they eventually do decide to take this step, there is only one agent they have in mind — you! If you produce content that covers both sides of the real estate process — buying and selling — then you’ll be able to capture the passive buyers that the market has lost since the decline of newspaper advertising.

Increase awareness of your brand by building relationships with other local businesses

If you haven’t already, reach out to local businesses in your area and build a reciprocal marketing relationship with them. With a service like Flok, you could sponsor a loyalty card for your local cafe by using the loyalty card app to give regular customers of your local cafe a free coffee. Use your branding on the loyalty card app and promote it, both in the cafe, on social media, and through your other marketing.

The best part about using an app, rather than a traditional paper loyalty card, is that for as long as the app is installed on a person’s phone, you can send them push notifications. You can also use it to collect email addresses, so you can continue marketing to them. Since everybody loves coffee, the uptake would be relatively swift and it would be used regularly, providing that you don’t use it to spam users with irrelevant marketing messages.

Success online begins with a successful strategy

Before you can begin using an app to sponsor your local cafe’s loyalty card, you need to create a strategy for capturing user data, determining their interests (i.e., buying, selling, renting), and being able to use content marketing that will cater to those interests.

To begin building your online brand, contact our team to discuss which digital marketing options will suit you and your digital marketing goals. Alternatively, to learn more about digital technologies that help real estate agents build an online presence, subscribe to our blog.

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Mobile apps for open homes and real estate agents

Smart phone mobile apps to help real estate agents track buyers to open homes for property for sale - screen shot of casmyllc

Real estate agents are embracing digital services

Real estate agents in Australia are going through a rapidly changing environment for Internet and mobile technology that we have experienced first hand with our websites for real estate agents service and I recently spoke with some successful real estate agents in Sydney Lower North Shore about other areas where they use technology, the agent mentioned Open Homes. The technology I’m talking about is smart phone apps that enable agents to quickly and easily capture potential buyers details who arrive at open homes.

Open home mobile apps are important for agents and vendors

Smart phone mobile apps to help real estate agents track buyers to open homes for property for sale - screen shot of casmyllc
Open Home visitor reports can help real estate agents demonstrate marketing results to vendors

Open homes are the critical time where real estate agents are visibly doing work for vendors and it’s an important task that busy real estate agents need to manage very well if they have many home available for sale at any given time. With mobile phone usage exploding it’s little wonder we are using them to do everything these days – and spending less time sleeping!

From the conversations I had with Sydney based real estate agents the busy days are Wednesday and Saturday and the open home is usually the easy part. The hard work happens afterwards when all the follow-up calls are made and the agent filters the prospect list to those potential buyers who are serious about that property and that is when an open home app comes in. A great open home app should help agents in the following ways:

  • Collect potential buyers contact details (electronically)
  • Enables the agent to text property information
  • Enables a quick call back and logging process
  • Shows the agent how many buyers have been to several of their open homes
  • Integrates with the agents CRM for contact management
  • Enables the agent to send automated marketing campaigns to buyers

An open home app is also invaluable to collect information that can later be presented to vendors to measure the results of the real estate agents marketing strategy and demonstrate the ROI of any money spent (including agents fees).

Our team explored some of the mobile apps and cloud-based services that are available, including US companies and below is a list of what appears popular:

  1. Open Home Pro – seems to be the most talked about and used
  2. AM Open House – part of a larger suite of apps for real estate
  3. Open House Toolkit – Keeps track of questions and answers at sign in
  4. Canvas – has a PDF designer

Why should Open House apps be cloud-based?

A good digital solution should have the capability of interacting with your current systems and when managing the visitors and follow-up to open homes the most important app is your CRM database because that is where most of your information is stored. The technically correct term for interact is “Integrate” and if you have a capable CRM you’ll be able to use the collected data (email addresses and mobile phone numbers) to keep in touch with all of the people who came to visit so that you remain front of mind.

Integrations are the most important aspect to explore when you’re looking into a cloud-based or smart phone app because it enables you to use multiple tools that are all connected together to share information without you having to retype it and retype. They also of course help you completely eliminate the need for printed forms and illegible writing!

cloud based integrations between open home software and CRMs is important for real estate agents becoming more digital

Cloud Integrations

The best example of integrations we came across was for AM Open Home. This organisation listed almost 2 dozen popular cloud based CRM’s that they integrate with. To give you another example, our sister company EzyLearn offers training for Xero, MYOB and soon Intuit Quickbooks and these popular accounting programs use to compete on features – they now compete on the number of integrations that work with their software in their app market place. Pure Internet based applications like Xero are able to focus on this aspect of their solution and they find that the companies that integrate with are actually passively promoting their software too.

Digital Agency for Real Estate Agents

virion is a digital agency that aims to help great real estate agents build a great digital profile (see 123ezy.com) and reputation and we advise our clients about the best tools, technology and approaches to use, regardless of platforms.