While new social media marketing tools launch each day, most real estate agents really just need to focus on the particular major players: Twitter, Facebook, ExpertZoo and also LinkedIn. Using these social media tools helps to accentuate the branding potential of your real estate business.

Monitoring Social Media Marketing

An important section of leveraging social mass media for business is always to understand what interactions are happening online linked to your industry and part of service.

Twitter can be a social network where users share quick, 140-character messages together. Users “follow” or subscribe together and receive messages from the other person via multiple programs including desktop personal computers, smart phones and texting. For Realtors, it’s always best to use Twitter’s free search results. Understanding how people are discussing your real estate practice and industry/market, no matter where they are geographically, will provide you with enough information to determine if you should invest the time and energy to start and control a Twitter account. For instance, a Colorado agent could make a determination of whether a blog about the area would be popular.

If you determine that Twitter is right for your business, you can visit Twitter. com to join up for a totally free account. Here certainly are a few items to keep in mind when setting up a realtor Twitter account:

1.Use the particular name of an individual business as the Twitter username.

2.Use your organization logo or a photo of the particular person managing the account to serve as the profile image.

3.Create a custom made Twitter background that delivers additional information about your real estate practice.

4.Use Advanced Twitter Search to aid in determining industry influencers and prospective customers that your real-estate practice should stick to.

Facebook for Real Estate Professional

With more than 800 million subscribers, Facebook has become one of the major players in the social media market. Facebook can be described as a powerful platform for developing a community of advocates to your real estate practice to aid increased word-of-mouth marketing and advertising. The first step up leveraging Facebook to your real estate practice is to create a business site.

LinkedIn: A B2B Social Network

The social community many business people are most familiar with is LinkedIn. This network of 70 million business users has more than one thousand business profile pages. To begin using LinkedIn with your real estate business, it is best to create and complete a profile for yourself as well as a business profile for your business. When setting up these profiles, be sure you include all important info such as your internet site and blog Urls. Additionally, it is important to take the time to customize the descriptions to best express your business interests and create an accurate reflection of one’s experience and knowledge.

There are literally hundreds of “tools” in social media to help you grow your online reputation and business and most of them don’t have practical business applications (yet!).

The world of social media and social networking can be overwhelming, when viewed as a whole but there are certain threads that run through each social platform. One of those threads is that social networking is about meeting and engaging people, not trying to sell them.

You’ve heard the “cocktail party” metaphor. Social networking is like a cocktail party, you meet people and engage them looking for commonalities and a potential basis for developing a conversation (relationship). You’re not trying to marry the people you meet online, but rather to see if there is enough interest for a follow up “cup of coffee” so you can talk some more.

If you give the “Are you or anyone you know interested in buying or selling real estate?” at the on-line cocktail party, people will shut you out and ignore you very quickly. Why? Because they can and it’s their cocktail party!

Social media and networking are not designed to replace your offline marketing strategies either. In fact they are the perfect complement to them. The more prospects you can engage online and work them through your “marketing funnel” until you get the opportunity to meet them face-to-face, the more prosperous your business will be.

To start you only need to focus on three platforms:

1. The search engines – Google, Yahoo and Bing, you have to make yourself visible to the search engines or you’ll never get found by the people that don’t already know you and even they might not have the patience to look too hard. Think page 1 “above the fold”.

2. Facebook – You have to be where your customers are and 450 MILLION people can’t be wrong.

3. LinkedIn – This is the social networking site of choice for professionals. According to a recent study the average income of LinkedIn users is $109,000/year. Don’t know about you, but I need to know more of those kind of prospects. You can learn more about using LinkedIn for social networking by reading this article.

If you’re interested in referrals from other agents, they are most likely to come from here. This is your online resume and networking here is likely to provide quicker results. If being an REO agent is in your future it’s very likely the asset managers will start their search on LinkedIn to select qualified agents.

Step 2: It’s not about you!

This is the most difficult step for most veteran Realtors®.

Think of the internet and social media/networking as part of the largest real estate shopping mall in the history of mankind. Everyday millions of shoppers head to this mall to search for some sort of information about real estate. Unfortunately there are millions of choices for them, fortunately they have a directory to help them find the store they are looking for. That directory is the search engines, Google, Yahoo, Bing and now even Facebook.

So, how do you get to be the one these shoppers find?

Since day one in the business you’ve been told about growing your brand. Traditional marketing channels like newspapers, homes magazines, marketing flyers were always about YOU!

The evolution of online marketing has changed that.

Since the day the first Realtor gave internet access to the MLS, the consumer had the “keys to the kingdom”. The consumer is control and they like it that way. They can get the information with or without you.

It’s how you add value that will determine your success.

I’ve posed this dilemma to a number of local Realtors® and have gotten the same response most of the time: “They don’t need us anymore”

Absolutely incorrect!

They still need you, but not to search for houses. They can do that while watching “Dancing with the Stars” or on their wireless devices while driving through neighborhoods actually looking at their future dream home.

They need you to be the “resident genius.” They need you to tell them what’s going on in the market. They need you to tell them what’s going on in the community. They need you to tell them why particular subdivisions or neighborhoods are great places to live. They need you to share with them the “insider secrets” to a successful real estate transaction. In short, they need your expertise!

The consumer has the keys to the MLS kingdom and they’re not giving them up, so you have to find a way to bring value to this budding relationship that is not entirely real estate related.

If you were having a conversation with someone you hadn’t previously known, and they asked “Why should I do business with you?” How would you respond?

You might say because “I’m a market expert”, or “I’m the top producer in my office”, or “Because I provide outstanding service and I put my client’s interest first.”

Those are all very good reasons, but that’s what every Realtor® says. (It’s called me-too marketing)

If everyone is saying the same thing how is the consumer going to hear YOU above all the noise? You have to have a “WHY ME?” that will separate elevate you above the competition. Your WHY ME? has to bring value to this relationship.

Never forget the first rule of relationships. The person that brings the most value to the relationship will control the relationship! In the internet world consumers want to be educated (explains why there are millions of blogs) and entertained (YouTube!). They want to receive value.

They want you to give it to them!

Your WHY ME? has to be more than words, you have to show the skeptical consumer that you’re different better than your competition. Think of yourself as the Mayor of your City/Neighborhood or the President of the local Chamber of Commerce, who happens to sell real estate. The more time you spend promoting your city, community, or neighborhood. The more trusting consumers will be of you. Then, your real estate job gets a whole lot easier!

Step #3: You need the keys, to get the engine running!

For consumers that don’t already know you, they have to be able to find you through the search engines. How will they do that? They will “Google” what interests them.

Getting found on the internet, whether it be your web page or Facebook business page or even your Google local business listing revolves around keywords, so even if you already have a well established brand using your name, start thinking like your prospects and build your business around your “keywords”.

Google Keyword Tool – you will need a Gmail account to access

Here’s an exercise

Using the Google keyword tool, enter (your city) real estate or homes for sale in (your city), the keyword tool will give you the number of searches over the past month along with variations of those terms. You can also use the tool to measure how much competition you will have.

Now search by your name with Realtor or real estate agent and compare the number of searches.

If you want to fish…fish where the fish are!

The more proficient you are with keywords, the greater the chance that someone searching for real estate in your local market will find you.

You should strive for a first page ranking on all the search engines (Google, Yahoo, Bing) for the target markets you have selected. The chances of being found drop dramatically once you get off the first page.

So, who are your target markets?

If you said, “anyone looking to buy or sell a home”, you have almost NO chance of being found.

Why? Because that’s the playground where the big kids play and it’s very, very expensive to play there, you’re competing with Realtor.com, Homes.com, Zillow, Trulia, Movoto and all the other national listing websites. If you have enough money to compete with them, you probably don’t need this information.

If you said, “first time home buyers looking to buy in (your city)” or “homeowners looking to stop foreclosure in (your farm area)” your chances of being found have increased dramatically.

Why? These are searches in your local market (hyper-local) and you will find a better quality lead. Research has shown that the closer a consumer gets to their buying decision, the more “granular” their searches get. They may start off searching by “homes for sale”, but as they begin to focus on a particular city or neighborhood they’re going to search for “(your city) homes for sale” or “(your city) real estate”. Then as they identify particular neighborhoods, their searches might be “Paseo del Sol homes” or “Greer Ranch homes for sale”.

The interesting part of this search process is that Google has a memory, and as they recognize an individual’s searching patterns with particular keywords, they will try to match those searches with relevant content and those pages will rank higher for that consumer.

You can also try “Wonder Wheel”- Watch Wonder Wheel video – which simplifies the keyword search process by giving you the ability to branch off in a number of directions in your search and perhaps find other niche markets.

Step #4 – Write a killer profile

“A Google Profile is simply how you represent yourself on Google products – it lets you tell others a bit more about who you are and what you’re all about. You control what goes into your Google Profile, sharing as much (or as little) as you’d like.”

Even if you don’t have a website or a Facebook business page, or a LinkedIn account, you can still be found on the internet by consumers who don’t know you, by writing a “killer profile”.

A killer profile is one that sounds more like a press release than a bio. Strategic use of keywords in your profile(s) enables consumers to find you based on their searches (Step 3). When you write your profile try to be as keyword rich as possible.

Back to the Google keyword tool and look for more keyword terms that are easily included in your profile.

As much as possible (don’t make it weird) refer to yourself in the third person because there will be people who know you or are checking up on you and you want to make sure they can find you as well.

A great source of ideas for a “killer profile” is ActiveRain. Search Realtors in your local area and check out their profiles. You will soon see the difference between a “killer profile” and a “me too” profile.

You only have to write one profile. Create a word or Google document, then just copy and paste to your selected sites.

As you search for other niche markets, update your profile with keywords related to that market.

Your profile only has one purpose! Help people find you!

Just like your profile might be for an on-line dating service, your business profile’s purpose is to generate enough interest to have a first date, then you can let the relationship grow from there,

How will you know if it works? Upload your profiles to each of the search engines, to your Facebook business page, and to LinkedIn. Give it a couple days, then Google your name. You should see dramatic improvement.

Maintaining your search engine ranking is not a “set it and forget it” strategy. Too many agents have spent a lot of time building their ranking only to lose it 30 days later because they didn’t keep the contact fresh.

Your online visibility all starts with your keyword rich profile. Take the time to write a “killer profile” and you should see improvement quickly.

Step #5 – Do it!

The only bad online strategy is the one you don’t do!

Remember, you have competition out there and it’s not limited to just your MLS board. Think about how many Realtors in Southern California have access to your MLS listings. That is how much competition you have.

To beat your competition you will have to be:

1) Creative- Take a look at what your competition is doing and do something different. Just because they’re doing it doesn’t mean it’s working. Think like your prospects, how can you educate, entertain, or enrich?

2) Patient – Like all relationships, on-line relationships take a while to develop. Don’t expect immediate results. Treat your on-line platforms with the same diligence you use for your off-line marketing. Be consistent. If you feel a relationship is getting stale, get creative and try something new, if that doesn’t work try something else.

The only thing constant in internet marketing is change. The technology is changing at a dramatic pace and in a year even these suggestions may be out of date.

You have to be committed to invest the time and effort to develop your on-line reputation.

Perhaps the worst thing that can happen to you is you find a qualified prospect and when they go on-line to “check you out” (and they will!) they can’t find you, but instead find another agent who has taken the time to build an “on-line brand”.

Social Networking such as LinkedIn has the ability to expand your relationship opportunities within the commercial real estate industry – it’s huge. We are dealing with much bigger possibilities when we allow social networking to enter the mix! And the best way to get clients? Join Groups!

How To Start or “Join A Commercial Real Estate LinkedIn Group”

Professionals have always been drawn to groups, recognize their power and see them as a way to be connected with each other. Increase your network quicker than you ever dreamed possible by using LinkedIn Groups; join an existing group or form a new one of your own and invite others to join it.

Once in a group, you can search all group members using an advanced people search to find interesting contacts, then message them within LinkedIn or invite them to connect: if you share a group you don’t need to know their e-mail. Obviously this is a feature not to be abused.

To join a group you will want to click on Groups and search for Groups you could belong to, including Groups organized by industry associations. Try plugging the search words: Commercial Real Estate – you will be shocked to see how many groups there are. There are hundreds to choose from – literally. How about trying: Commercial Real Estate Investors – becoming a member of one of these groups will allow you to be seen as an expert.

As a Group member two critical things you can do is (a) browse through the Group membership and reach out to individuals, and (b) participate in Group Discussions. By participating you are able to get you and your brand in front of potential contacts. Think about a creative signature you can leave behind on every post. One that drives either an invite or a profile view. This to drives traffic & views of your profile.

Finally, you can “poll” these groups gaining valuable information. Try asking what the members see as the biggest challenge in the commercial real estate market today and then use the results to craft solutions. People buy solutions to their problems and are willing to pay just about anything for these solutions!