Twitter Real Estate Tips Tweet Your Listings
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Date: May 31st, 2009
Category: House Invest
Twitter Real Estate Tips Tweet Your Listings
New technologies continue to make business easier and more exciting than ever The recent introduction of social media websites like Twitter, Facebook and LinkedIn are creating quite a buzz among the Real Estate community It has never been easier to connect with people and share your listings . .Twitter provides a large chat room feel where Realtors may list properties and answer questions asked by interested parties It also gives the Realtor a chance to connect with new lenders and real estate investors At Twitter, people choose the people they wish to follow and create a tailored list of friends They may also choose to un-follow certain people at any given time . .Be Honest . .Create your Tweets with honesty in mind Don’t mislead potential clients or trick them into visiting a home that isn’t what they’re looking for A wasted trip may cost you a great lead Home owners have become much more knowledgeable about the real estate business in the last couple of years Mass foreclosures have taught home buyers what to look for and warning signs to avoid . .Be Brief . .Twitter limits each message to 140 characters As a Realtor, certain acronyms are used on a regular basis to describe a home For instance when someone reads “4bed, 2 5 bth” it’s readily understood that the home has 4 bedrooms and 2 and one half bathrooms Make the most of those acronyms while “Tweeting” your listings . .Create Curiosity . .Provide a city name and brief description of the home Links to photos or videos can take up valuable space and should always be shortened by using a service like TinyURL A properly written Tweet may look similar to this: “New Listing Minneapolis Single Fam Home 4bed, 2bth, fenced yard, great neighborhood Starts at $98k ” Thirty-nine more characters allow you to link to the listing on your website or photos . .This example provides valuable information for home buyers and real estate investors They know up front that the home is an affordable single family home in Minneapolis with 4 bedrooms, 2 bathrooms, a fenced yard and a great neighborhood Encourage your Twitter followers to ask questions and answer them promptly . .Obviously the information contained within a 140 character message isn’t going to provide all of the information buyers are looking for Engage in conversation via tweets with followers Really get to know what they’re looking for in a home so you can effectively tweet about listings they may be interested in . .Tweet Open Houses . .Any time you have an open house, Tweet about it Let your followers know when you will be there so they can plan to attend and get information about the property Every professional Realtor knows that getting the interested party to tour the home is incredibly important to sealing the deal . .Tweeting an open house should be done in much the same way as a new listing When you tweet an open house, include the address Make sure your followers know exactly where the home is Interested followers will show up, especially if you’ve already created a relationship with them on Twitter . .Make Use of Media Sharing Websites . .The Internet makes it possible for a variety of websites to communicate Posting your message to multiple sites can be quite time consuming Look for websites that offer the possibility to post to multiple communities simultaneously For example, when you post a photo to FriendFeed or TwitPic you have the option to post it to Twitter in the same instant . .Use these services and others like them to your advantage Don’t spam your followers with message after message, just share the important stuff Keep a close eye on each community website you use and keep communication flowing freely Buyers and investors enjoy building a relationship with their Realtor Be the Realtor that provides them that opportunity .
Source: www.rsstnx.com
Average Home Prices Fall Nationwide in the First Quarter of 2009
Ninety percent of American cities endured falling home prices in the first quarter as first - time home - buyers looking for bargains were the major influence in the market . .According to a statement made by the National Association of Realtors on Tuesday, May 11, 2009; median sales prices of existing homes declined 134 out of 152 comparative metropolitan areas compared with the same period a year ago Prices did rise in 18 other undisclosed cities . .Foreclosures, “fixers”, REO’s, and other distressed properties contributed to about half of the market’s closed sales, even though sales did fall 3 2 percent from last year . .In a statement made by David Resler, chief economist at Nomura Securities, “I think we’re near a bottom, but we’re not there yet ” While prices could hit bottom as soon as this summer, he said they are likely to remain stable and start edging higher slowly . .All things being equal, the emerging signs of recovery in the housing market could be short - lived if employers continue to lay off workers en masse . .All but six states had falling sales figures - Nevada, California, Arizona, Florida, Virginia, and Minnesota - experienced sales jumps due to buyers being able to grab foreclosing or foreclosed properties at deep discounts Sales more than doubled in Nevada, rose 81 percent in California and grew 50 percent in Arizona - signaling that the worst may be over for those distressed states . .Yet, the average sales price nationwide was $169,900, down 13 8 percent from a year ago Obviously, half of the homes sold higher and half sold for less . .Fort Myers, Florida, showed the biggest drop of more than 50 percent Following closely at 40 percent or more were the following municipalities: Saginaw, Michigan; Akron, Ohio; San Francisco and San Jose, California; Phoenix, Arizona; Sarasota, Florida; and Riverside, California . .On the other hand, the largest price gain, more than 21 percent, was in Cumberland, Maryland Davenport, Iowa was the only other double - digit increase in value city with prices climbing nearly 14 percent . .Many of us in the real estate and lending industry, believe that once first - time home - buyers begin utilizing the $8,000 tax credit included in the Obama economic stimulus package; we should see a boost in sales, especially in the second half of the year If this indeed occurs, then prices should stabilize in all areas .
Source: www.rsstnx.com