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Real Estate as Lab for Social Media Why the Real Estate Industry is Ideal for Testing Social Media Strategies
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Real Estate as Lab for Social Media

May 09, 2015

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Business

Pat Kitano

Real estate is an ideal vertical for applying social media strategies for business development.
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Page 1: Real Estate as Lab for Social Media

Real Estate as Lab for Social Media

Why the Real Estate Industry is Ideal for Testing Social

Media Strategies

Page 2: Real Estate as Lab for Social Media

Real Estate & Social Media

Go Together

Definition: the Social Media include all Online Applications that Promote Communication

and Self Expression

Page 3: Real Estate as Lab for Social Media

Why Social Media Works inReal Estate

Thousands of Prospects Live in

One Neighborhood

Agents Require Massive Localized Marketing Effort!

Page 4: Real Estate as Lab for Social Media

Mission: Own Your Neighborhood

Larger Social Networks Generate More Leads

Page 5: Real Estate as Lab for Social Media

Social Networks are Moving Online

Blog

Page 9: Real Estate as Lab for Social Media

The Online Gold Rush

Real Estate Agents Must Claim their Online Marketing Stake

Page 10: Real Estate as Lab for Social Media

Location, Location, Location

Real Estate is Based on the “Scarcity” Paradigm

Possession is 9/10 of the Law

Page 11: Real Estate as Lab for Social Media

Top Producers “Own” their Market

And it’s Hard to Break into their Domain

Page 12: Real Estate as Lab for Social Media

Mission: Own the Local Market Online

“We’re looking for a home and we see your advice all over the

Internet. Thank you for sharing…”

“Thanks for calling…”

Page 13: Real Estate as Lab for Social Media

How? There’s a Land Grab Going On

Search EnginesTrulia Voices

LocalismTwitter

Page 14: Real Estate as Lab for Social Media

The Search Engine Land Grab

Only Ten Spots* are Open on Google’s First Page for every City/Neighborhood

Today: Google’s Top Page* Yesterday: Yellow Pages

*Organic Results are Free

Page 15: Real Estate as Lab for Social Media

Blogs Attract Search Engine Traffic

Mission: Get on the Top Page of Google for Target

Areas like San Ramon

Blog

Like a Top Producer, it’s Harder to Get Bumped Off Google’s Top Page Once

You’ve Arrived

Page 16: Real Estate as Lab for Social Media

Other “Land Grab” Based ServicesTrulia Voices Connects Agents with Consumers

via Q&A

Develop Local Credibility by Demonstrating

Expertise as a “Top Voice”

Page 17: Real Estate as Lab for Social Media

Land Grab by Neighborhood

Work with Fortune 500 Clients

Page 18: Real Estate as Lab for Social Media

Land Grab by Neighborhood

Buy the Rights to “Own” Your City in Localism for $15/month

(or less, in bulk rates)

Page 19: Real Estate as Lab for Social Media

The Twitter Land Grab

Place Names (and Variations) are Grabbed on Popular Applications like Twitter

Just like Domain Names

Page 20: Real Estate as Lab for Social Media

I Sense ExhaustionHow Can I Keep Up?

Page 21: Real Estate as Lab for Social Media

Welcome to a Web 2.0 World

But You’ve Done This Before

Page 22: Real Estate as Lab for Social Media

Online Marketing Evolves

1995: Learn Email

1998: Learn CRM

2001: Get a Website

2003: E-mail Marketing

2005: Buy Online Leads

2008: Participate in the Social Media

Page 23: Real Estate as Lab for Social Media

Social Media is Simply Inevitable

"I hate television. I hate it as much as peanuts. But I can't stop eating peanuts."- Orson Welles, famous film director

"There is no reason anyone would want a computer in their home."- Ken Olson, president, chairman and founder of DEC

This quote is his legacy

Page 24: Real Estate as Lab for Social Media

And Real Estate will be One of Social Media’s Biggest Beneficiaries

Without paying a lead generation company

By Connecting the Consumer Masses Directly with the Real

Estate Community

Page 25: Real Estate as Lab for Social Media

Contact

Page 26: Real Estate as Lab for Social Media

Just Kidding

Pat Kitano

Domus Consulting Group

pkitano at gmail

Transparent Real Estate Thanks for Reading!