News: Front Section

The value of social media and video-bios

The Internet is playing a larger and increasingly more significant role when people decide to buy real estate. According to a study by the National Association of Realtors, an overwhelming majority, 89%, of recent home buyers in the U.S. said they used the Internet as an information resource during their home-buying process ('NAR Home Buyer and Seller Survey Shows Value of Long-Term Home Ownership,' November 5, 2010). In many instances, company web sites are initially reviewed, but those real estate professionals that embrace social media tools, like blogging, social networks, and social bookmarking, interact with considerably more prospective and current clients. To successfully build an online presence, agents should focus on producing quality content to engage participants, serve as a valuable resource, and build a strong referral network. Chris Brogan, whose blog is in the Top 5 of the Advertising Age Power150, says to, "Look at your blog as if it were a storefront, or an office space, or a gathering spot for conversations, or a magazine, or a part of a mall" ('Value Your Blog Real Estate,' August 3, 2010). Content can be posted simultaneously on business web sites, blogs, and social network profile pages, like Facebook, Twitter, and LinkedIn. Using multiple online marketing mediums will increase the likelihood of the message being seen and expand the number of personal connections being made. Another online solution to help promote the expertise and personality of real estate agents and brokers is the production and use of video-bios. Video-bios serve as a great way to bridge the offline-online marketing gap, and enable prospects to place a face with a name - while also getting a sense of an agent's personal style. This online tool has the proven power to garner trust and leave a lasting impression that converts prospects into clients. Social media and video-bios are only part of a successful integrated marketing strategy for real estate professionals. However, when combined with other online marketing efforts, like search engine optimization and ad placement, social media marketing and video-bios can transform an agent's web presence - greatly increasing lead generation and sales. An integrated marketing firm can assist agents and brokers in designing and executing an effective marketing strategy that ensures online efforts are working in tandem with offline tactics (like press releases and direct mail) to deliver the laser-sharp messaging that will generate leads and increase sales. Linda Fanaras is the president and founder of Millennium Integrated Marketing, Boston and Manchester, N.H.
MORE FROM Front Section

Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
Columns and Thought Leadership
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.

Four tips for a smooth 1031 Exchange - by Bill Lopriore

Four tips for a smooth 1031 Exchange - by Bill Lopriore

Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore

While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
Make PR pop by highlighting unique angles - by Stanley Hurwitz

Make PR pop by highlighting unique angles - by Stanley Hurwitz

Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.