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Tag Archive: Real Estate Marketing

Email Marketing for REALTORS®

Guerrilla Essentials to Email MarketingBefore I read this free email marketing ebook published by homestomper.com, I had a completely different take on what email marketing was.  I used to think it was the art of blasting messages at any email address I could find. Just put a bunch of email addresses into a group or list, then once a week remind them how great you are.  Right? [shaking head back and forth]

Guerrilla Real Estate Marketing

Mark Eckenrode needs to be on your radar. He is the creator of homestomper.com a guerrilla real estate marketing website which is used to share real estate marketing tips and strategies that are well thought out, intelligent and sometimes ninja-like!

Even though Mark and I are friends, he did not ask me, pay me or mention to me I should write this article.  I was inspired to help spread the word of homestomper.com after reading his free ebook on email marketing.

Not only is Mark powered by punk rock, Pepsi and comic books he’s also a volunteer and speaker at RE BarCamp Phoenix.  At the last barcamp, Mark’s session on email marketing overflowed the room creating a mushroom of REALTORS® in the hallway all wanting in.

He’s got marketing skills that he’s not afraid to share for free.  He also has marketing skills that he’s not afraid to charge you for.  I haven’t checked out what’s behind the fees, but if what he shares for free is an indicator of quality – it’s probably worth it.

I wanted to introduce you to Mark first.  Next I’ll dig a little deeper into the previously mentioned ebook.

Greater Phoenix Arizona Real Estate Market Report – May 2010

Jim Sexton's Market ReviewThere’s a lot being written about the Phoenix Real Estate market as analysts and practitioners try to describe or predict what’s happening.

In my opinion, the market is sputtering on the price front but continues a brisk pace on a volume basis. To me any month with greater than 9000 closings is an outstanding month. May of 2010 was only the 15th month with over 9000 closings in the last 9 ½ years-that’s 113 months if you’re counting. June will probably be the 16th month with a chance of being the 4th month over 10,000 and possibly the highest month on record (The current #1 is June of 2005 with 10,252). All those ‘beat the tax deadline’ closings will motivate buyers and lenders to “get’em closed” this month.

Pendings and AWC’s continue high with 12,400 and 7700 respectively; that’s over 20,000 properties currently in escrow. Life without a tax credit won’t start until next month and then we’ll see how an unsubsidized real estate market reacts.

So to review May: 9100 closings-with only 20 business days in the month; 37% or 3350 were Bank Owned (REO’s); Short Sales (SS) accounted for 22% or 2000 closings. The real story with SS’s is the 4100 in Pending status and the 7100 in AWC status. When these 11,000 properties currently in escrow close, the percentages will have changed dramatically. Go to our blog for a Mike Orr report on Short Sales courtesy of Old Republic Title. Mike does a great job providing details on SS’s by analyzing them from both a supply and demand point of view, breaking them down by zip code. Also he compares SS’s to REO’s by price range. It’s a good report to refer to, if you have an appraiser or bank that needs information about SS’s specific to a zip code.

Another new statistical report came out this month called STAT. ARMLS provides the report and they have an advanced predictor of prices. You can get this report from your flexmls dashboard or click right here.

Also in our Real Estate Market section you will find our chart tracking Tom Ruff’s foreclosure numbers. The chart shows that New Notices of Trustee Sales are down 21% for the first 5 months of 2010 compared to 2009; Completed foreclosures are up 16% ; Pending Foreclosures are down 13% since the first of the year; and the biggest change is 70% more Cancelled in 2010 than the first 5 months last year. The current number of Bank Owned properties in Maricopa County is 16,301, which is made up of 5200 Active listings; 3850 are Pending; and the balance of 7250 are waiting to be marketed.

Social Media Marketing Institute (SMMI) coming to Arizona

The Arizona Association of REALTORS® is working with the SMMI to bring this class to Arizona. Also see their calendar for free upcoming facebook classes.

Social Media is Simple to Engage In … But It’s Easy to End Up As a Car Wreck

Consumers can now engage with real estate professionals on the terms of the consumer and with the consumer’s approval and permission; leading to a better understanding of consumer wants and needs through effective engagement and listening.

The two-day Certified Social Media Marketer (CSM) designation course teaches you to:

  • Understand the difference between interruptive and consumer permission-based marketing and how Social Media allows the consumer to avoid receiving advertising and marketing messages they wish to avoid.
  • Comply with the National Association of REALTORS®’ Code of Ethics Articles 12 & 15, understanding how changes to those articles affect responsible interaction on Social media platforms.
  • Avoid misrepresentation, plagiarism and reputation issues through proper risk management techniques and safety awareness.
  • Implement Social Media tools (Twitter, Facebook, Blogging, LinkedIn, et al.) as part of an overall strategy.
  • Develop business strategies for social networks, social bookmarking, blogging, micro‐blogging, lifestreaming, file sharing, and related tools.
  • Understand etiquette, branding and the effective steps to connecting with consumers in a manner that contributes value to the consumer’s community online.
  • Implement systems to protect client data and privacy.

Date: March 29 & 30
Location: Phoenix Association of REALTORS®
Cost: $249* course fee includes one year Institute membership ($99 value)
*($50 discount off regular registration fee of $299)
C/E: 14 general credit (AAR school)

What past students say: Testimonials

You’ll leave the course with a written plan with actual strategies to close REAL business using social media.

And, you’ll learn how to manage your risk when using social media – go to budurl.com/SMMIAZ to sign up!

Your Real Estate Listings on Your Facebook Profile with the REALTOR.com App

A REALTOR® with John Hall & Associates recently told me he attended a real estate technology class / sales pitch.  The product they were selling put his real estate listings on his facebook profile.  He declined to purchase, but liked the idea.  I asked if he had looked into the REALTOR.com facebook app that displays listings on REALTORS’® facebook profiles for free. He hadn’t heard of it.  So we checked it out together.

It’s pretty slick.  Super simple to set up, and looks professional. If you’d like to check it out, it’s called See my Listings.  I’m pretty sure more people call it that facebook app that displays your listings on your profile.

[Updated: same day]

Why I like the REALTOR.com Facebook App

This section was added after publishing because I need to address the debate of whether real estate listings in facebook are good or bad.  My answer to this debate is – it depends.

Advanced Facebook

RE Barcamp San Diego session: Advanced Facebook

Last but certainly not least is the Advanced Facebook session.  Thankfully it was in the same place as the previous Posterous session (it was a long day!).  Even though I was easily distracted at this point, the golden nugget I got from it was how REALTORS® should be using fan pages.  No, it has nothing to do with the real estate agent that sets it up.  It has everything to do with what people are already fans of – their communities!

If REALTORS® want to create facebook fan pages, they should set them up for their geographic farming areas instead of for themselves. If you are a Desert Ridge REALTOR®, set up a fan page for Desert Ridge homeowners. Don’t make it about you. It’s rarely an effective strategy to have a fan page about an individual REALTOR®. If you set up a fan page for a community you’ll find your fans start to create the content for you.

You’re simply facilitating a place for neighbors to talk with neighbors.  Allow fans to do practically anything on the page – the best thing that could happen is they take it over!  You’ll have to jump start the page with your own content, there’s no doubt about that.  If there is no content there, people aren’t going to use it.

Add pictures of the neighborhood to the photos section.  Include links to sites the community would be interested in – HOA, Sex Offenders, etc.  If you see weekend garage sales – post them. If neighbors are offering various services – post them. If you know of lost dog signs – post them.  Encourage the fans to add there own events!

What was that?  Did I just hear you ask how this would benefit your real estate business?  Here’s where the marketing hat gets put back on.  As you may or may not know, fan pages have multiple tabs across the top that you control.  You should have one of those tabs say MLS or Homes for Sale.  That way if people are interested in homes for sale in their neighborhood they simply click the tab at the top.  FBML is the fan page application that will allow you create a custom tab with links to listings, your website, or whatever lead generation tools you use!

Since you can create an unlimited number of fan pages in FB – get out there and help your community communicate!

Search Engine Optimizing Your WordPress

RE Barcamp San Diego session: WordPress SEO Tips and Tricks

This session was run by three guys that know a lot more about this stuff than I do. Bob Wilson was the one whose name I caught – and the one I got a chance to talk with more at the after barcamp bar.  The guy is definitely knowledgeable about search engine optimization.  Here are my notes from all three of the presenters…

  • Always use pictures in blog posts and make sure to label the pictures appropriately. Instead of uploading an image with filename IMG_8098.jpg and adding it to your post (or page) about Phoenix homes for sale. Rename it to something like Front-of-home-in-Phoenix.jpg. Google gives your file names credit – so you should name them appropriately.
  • When you rename your files, be sure to use hyphens or underscores to separate the words. One of the presenters said hyphens are good if you want google to read the words individually. Underscores are better for phrases.
  • Make sure to change your permalink structure. Permalinks are the URL or unique web address associated with each individual blog post. By default, wordpress sets them to use the post ID which is numerical and provides no value to google. Instead, go into the Settings (from the Admin panel), click Permalinks and choose an option that includes the title of the post. He said there was no real google value to have the date and recommends the custom option which allows you to remove it.
  • Some themes allow you to add a meta-description to each post – if yours does, use it every time. The meta description is what will show up in google 9 times out of 10. Plus it’s another opportunity to use keyword variations associated with the specific post.  You can be more specific and more accurate – search engines (and readers) like specific, accurate descriptions!
  • As for the title of your blog – they do not recommend using an image for the entire header. You can set an image to the background, but they say have your text title overlay on top of the image for maximum SEO benefit.
  • Ready to talk heading tags? Like h1, h2, and h3? One presenter said he tags the first sentence of each post with h2 tags. Then if he has sub-headers within a post he uses h3. Google scans header tags first to see what the page is about. This is documented in Google’s Search Engine Optimization Starter Guide (free PDF) and well worth the read if you are trying to get your website to show up higher in search results.
  • A tangent on design – set a static page as your homepage. So many authors keep their blogs as the homepage because they are proud of the articles they write.  Some may think that’s what their visitors care most about, but if your goal is to create leads, you should have a static page with a crystal clear way to search for homes, get market statistics, and some way for them to figure out what their home is worth. Widget Me was a recommended plug-in.
  • Some themes allow you to choose noindex for archive pages and category pages – this is a good idea to avoid duplicate content penalties. However, if your category pages show excerpts instead of full-posts and you write unique excerpts for each post (not auto-generated or first paragraph copy and pasted) then you can allow google to index those pages because there is no duplicate content. If that makes no sense, set your category pages to noindex.  Regardless of noindex, it’s recommended to add a content block to the top of the each of the category pages explaining more about the … category.

Thesis was the most recommended wordpress theme, Headway followed.

(Next session: Google Analytics. You like?  Subscribe with your email or RSS reader.)

Marketing the $8,000 First-Time Homeowner Tax Credit

It’s crunch time!  We are rapidly approaching the $8000 first time homeowner tax credit deadline of December 1st, 2009.  Make sure your clients, their friends, kids, and other relatives know the ins and the outs of this 8000 dollar credit.

The National Association of REALTORS® has a page on realtor.org dedicated to getting the word out about this program.  They have even created marketing materials for you to use – the time consuming work is done for you.  Here are some examples of the materials available on their site.

September 10th, 2009 Update: Based on Tom Martinell’s question and Justin McHood’s answer,  I removed the flyer that promotes using the $8,000 tax credit as a down-payment.  If there is an Arizona lender out there that has a program to use the first time homebuyer credit as a down payment, please speak up and I will replace the link.

Straight from Google: SEO advice for real estate agents

I don’t need to explain why search engine optimization (SEO) and real estate agents should be friends.  Based on some of the questions I get asked, agents already know that showing up on page 1 of google’s results for popular search phrases will drive traffic to their lead generation systems – aka websites.  What I do need to explain is how real estate agents can improve their rankings/show up higher on the results page.  Since there are lots and lots of other people that know a whole heck of a lot more than I do when it comes to this search engine optimization concept, I’d rather find one of them to explain it to you, maybe an employee from google perhaps?

So there I was, dorking it out hardcore last night, watching a bunch of videos that google has posted to their webmaster help youtube channel when I ran across this gem.  In this video one of the google employees (Matt Cutts – thx @maxchirkov) answers this ever popular question, “How does someone begin to SEO their site on a small budget in an overwhelmed industry such as real estate?” Perfect – just what every real estate agent with a website wants to know.

Now that you know starting with a smaller niche is the main secret to seo success on a budget, read this Search Engine Optimization Starter Guide google has published.  This will enlighten you with the best practices moving forward.  It’s a 20 page pdf that is designed to get everyone up to speed on some of the basic concepts of seo.  You don’t have to be an expert, you just have to pay attention to the fundamentals.  It really isn’t rocket science, you just have to know which details to pay some attention.

If you listen to what Matt says in this video and understand the concepts of the starter guide, there is no reason why you shouldn’t be able to move your real estate website higher up on the results page for your particular niche.

Comment Marketing


That’s the title of a session I got to attend at RE Bar Camp – Phoenix last week. Tyler Hurst lead the discussion and talked about this interesting marketing method I had not previously heard of – Comment Marketing. The premise is simple – leave comments on blogs to drive traffic to your website. However, there are a few steps you should know in order to be as effective as possible. Let’s talk about leaving a comment, having your picture/logo display next to your comment, and making it easy to find articles about subjects you are interested in.

Typical fields when leaving a comment on a blog
This image shows the comment field for a typical blog. You have the opportunity to leave your name, email, website, and of course – the comment. Be sure to fill in all these fields. One piece of advice – use your name. Don’t type in “Phoenix Real Estate” or “Scottsdale REALTOR®”. It comes across as spammy and reduces the likelihood of the publisher allowing your comment to be displayed. In the event you don’t have a website, but you still want to leave comments – I recommend using an online profile from linkedin, twitter, or facebook. I’ve also seen agents sign up for the free Diverse Solutions website and use the unique URL that comes with it. And now to the actual comment. You must contribute to the conversation. Prove that you actually read (at least some of) the article. Agree or disagree with points made, share a true life story, converse with the other people leaving comments. Don’t simply say – Good post – on every article you come across.

Blog comments with and without picturesHow do you get your picture to show up next to your comments? By signing up for a globally recognized avatar – aka Gravatar. All this takes is an email address and an image. Very simple and free. Once you get signed up, your picture will start to display next to your comments automagically.

Tyler mentioned that he uses google alerts/reader to monitor activity on the web about specific subjects. It’s the only way to go so you’re not searching the internets aimlessly for content about your subject. Google alerts are free to set up and they give you an RSS feed (it’s just a link) to copy and paste into google reader (also free). Get in the habit of checking google reader and all the articles google finds for the designated terms will be displayed in one place. Some examples of google alerts for a Phoenix REALTOR® might be Phoenix, “Phoenix Real Estate”, “Arizona Real Estate”, “Phoenix Real Estate Market”, “Real Estate News”. Make sure you use the quotation marks for terms otherwise it will bring results for each individual word.

Now get out there and leave some comments! Just think, if you leave 10 comments a week after a year of doing this there will be 500 links pointing back to your site.