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Team DiMuria

Why Do Some Agents Rock on the Internet While Others Flounder?

By: Team DiMuria
Thursday, July 31, 2008 3:28 PM

I have really examined this issue because Mona and I do about 85% of our business directly from the Internet. It may be our website, or our blogs, or our e-mail follow up system that comes from our web hits, but it is directly from the box I am presently typing on... and the leads that come in because of it.

I have watched many agents come and go who all commit to working the web and finding a way to make it a center point of their business. I have also watched many experienced agents who have in the past done a considerable amount of business try to use many of the talents that worked for them in the past...and translate it into web business.

 

                                                        Computers Stock Photography: Global Technology and Communication

Here are my thoughts on why they struggle:

1. Many experienced agents are trying to shortcut the system. They bring in someone to do their follow up or write posts for them...or teach them what to do. The issue that made them successful under the traditional real estate market they have worked in for the past number of years just does not apply here. You can not farm out your talent. If you have been in real estate for say 20 years...you and only you have the knowledge that will be required to make this work!!!! You can not hire some kid for $10 an hour to come in and ghost write your posts...or set up your website...he or she will not know real estate!

2. Many newer agents see the potential of the web. They are in many cases being told by their office manager that the best way to get started in the business is to mail out postcards to the 100 or so people they know best to announce the new job, start holding open houses, start taking phone ups, start looking at FSBO's, start looking at expired's, pick an area to farm, and if you work hard enough you will be successful (sound familiar?) and if you have a considerable amount of sales talent and luck this will be successful.

http://www.foi.se/FOI/templates/Page____4527.aspx              Computers Stock Photo: Computer Keyboard Overlay              Computers Stock Photography: A Businessman Working Late

The struggle comes because you and only you must embrace the technology and put a majority of your efforts into it.

1. Do not take every client that comes available to you...only those that work in the area you wish to concentrate in (this is a very difficult concept to grasp but might be the most important concept of all).

2. As hard as it may be take your time to shop what website and blogs that fit you best and commit to be on them for a specific number of hours per week (at least 10 hours) yourself...no one else...your ideas can only come from you!

3. Advertise your website and or blog on everything you do. If you get a listing make sure your website is prominently displayed on all brochure box material, tour material, etc...

4. Keep on top of all new technology and employ those technologies that best fit your business.

5. Do not take the easy way out...do not allow someone to convince you that they can host your website without much input from you...can write your blog posts for you...can make your website into a money generating machine...only you can do that!!!!!

                                       Computers Stock Photo: Hitting Your Target Market, Global Internet Business, Concept

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Comments


Guest

Gloria Wagner said:

Looking at websites..........had Advanced Access before. Looking at Point 2 but still not sure. Any thoughts on this?

I have no problem doing all my own content etc.

Gloria Wagner

C-21 Sussex & Reilly

Chicago

Gloria@GloriaWagner.com

July 31, 2008 3:13 PM
Nate Covington
Member Since '07

Nate Covington said:

I wholeheartedly agree.

August 1, 2008 1:14 AM
Jan Simony
Member Since '07

Jan Simony said:

The 10 hour a week commitment to working on your site is a must. I can tell the difference if I get too busy and don't have the time compared to when I constantly maintain it. It does eat up some time but well worth it.

August 1, 2008 4:43 AM
Chris and Janet Gaut
Member Since '06

Chris and Janet Gaut said:

Great post! We've really been working hard to build our internet business. About 30% of our business this year is directly from our website (two years ago we had none) and we're doing all we can to increase this by promoting our site everywhere - right down to my voicemail message. We're learning that time is the key. I spend my first two hours every morning at this box. You're right about hiring out your site. We have to remember that people are looking for a professional, competent, "up to speed" Realtor. Whether it's on the WEB or anywhere. Your web persona must be you. You can't fake it. Real Estate is a very personal business.

I'm still shy at blogging but working on getting past that. I do a lot of "lurking". I find that most of you bloggers are forgiving when mistakes are made.

Thanks again for the post.

Janet Gaut

August 1, 2008 9:22 AM
Velda Miller
Member Since '03

Velda Miller said:

Gloria,  Point2---jump now and don't hesitate.

August 1, 2008 3:39 PM
Gail Griffin
Member Since '03

Gail Griffin said:

Gloria...Point2...LEAP now and don't hesitate!

August 1, 2008 5:51 PM
Phil Anderson
Member Since '04

Phil Anderson said:

Gloria....Point2....uhh....FLY now…

Well maybe not as high as bird….Yet still above where a normal mammal would fly...

Well, not like a flying squirrel, cause that's pretty high, and it's really gliding...but maybe as high as a Lazarus lizard....well, that might be too low..kinda running...

Anway, Point2 has been very good to us!

Come on in; the water's fine! :)

August 1, 2008 6:56 PM
Vicki Owens, ABR, CRS, GRI
Member Since '04

Vicki Owens, ABR, CRS, GRI said:

Good points, keeping your website interesting and up to date is some of the reason why agents are staying in business especially when it comes to attracting qualified buyers.  However, in my market I find that no matter how great your site, print ads or exposure, the key is being honest with your sellers in their pricing, realistic with your buyers on their offers and remaining competitive in a declining market.  Homes must be priced right and show the best so that they can to generate an offer.  No matter how much "marketing magic" we do, the sold sign will not go up unless compromises are made.  It takes a lot more than great photos and verbage to close a transaction, even after the contract is signed.  Negotiations have been fierce and asked for quick response.  You really have to be on your toes and get that information and know your market.  Patience is also a virtue with lender delays and remedy demands.  Let's face it guys, there are no (or very few) easy deals in this market.  Many peers do not have the patience to close or the stomach to bare the bad news to sellers about their pricing/condition, etc.  It takes loads of dedication to maintain a positive attitude and get all parties on board in this market. Homes do not sell themselves - you sell to everyone, clients, peers, their clients, banks - the gammit.  You truly have to be a pro to get the job done right now - not just out for your next paycheck - but in it for the long haul.  It will turn around eventually - this mess did not happen overnight.  Those that will be left will have the best online exposure for their clients - but will also have proven they have the backbone to flourish in negative times - all demonstrating the value of the many hats we wear to our clients and the public alike.  

Happy selling all!!

August 2, 2008 7:42 AM
Cyd  Weeks
Member Since '05

Cyd Weeks said:

Vicki.. I agree whole heartedly.   Another reason some agents don't 'rock' on the internet is because they don't know how to promote it or how to optimize.  I can't tell you how many agents think that all you have to do is have a website somewhere on the web and all of a sudden you are going to have droves of people flocking to it.  Doesn't work that way.  

And, then you have those who forget it's even there.  I had one sales associate I was helping with her website...when I went into her office she had 5 "new" customers.... she didn't even know it, never checked it, never called them, nothing.   :)

August 3, 2008 9:08 AM
Laura "San Diego" Kelley
Member Since '06

Laura "San Diego" Kelley said:

Great Article below that realtes:

http://rismedia.com/wp/2008-08-02/3-simple-ways-to-advertise-your-website/

Make it a great day!

Laura Kelley

www.LauraSanDiego.com

August 3, 2008 11:03 PM
Dennis  Jonas
Member Since '07

Dennis Jonas said:

Great Post!!!

I have to get back to working on my site.  I use local zip codes as my domain names.  Everyone know what zip code they live in.  Easy to brand.  Thanks again for the great post.  www.83616.com  Eagle, Idaho  "America's Hometown".

Dennis

August 5, 2008 5:22 AM
Nunzia Alvergue
Member Since '07

Nunzia Alvergue said:

Thank you for all your positive post!  Is very motivational for a beginner like me, is like a charge of energy.

Have a fantastic day,

Nunzia Alvergue

Floridaforu.com

August 8, 2008 2:42 PM
Michael Lipscomb
Member Since '07

Michael Lipscomb said:

Everyone  of you have made a good point , maintaining your online business is a must. Every single day, right after my coffee, it's straight to my website. To me it's like getting presents on a daily basis....new clients. Knowing how to optimise your site is no easy task, but like they always say, if you are not an expert, find one. The payoff is well worth it. As a mortgage broker, I not only have to please the buyer, but I have agents depending on me as well...  Work your site to the fullest and it will work for you!

August 8, 2008 9:06 PM

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