Real Estate Social Networking sees dramatic growth

Social networks are exploding in popularity. Forty-three percent of the online community now uses social networking sites, including Facebook, MySpace and LinkedIn. This is up from 27 percent a year ago, reports The Conference Board and TNS. Social networking spans all generations and clearly hits the target of real estate home buyers and sellers. Moreover, even older people are getting involved.  About 19 percent of those age 55 and over visit these sites, up from just 6 percent a year ago. Women are more likely than men to use social networking sites (48 percent versus 38 percent), but usage has [...]

By |2018-05-03T21:26:25-07:00June 24th, 2009|Broker-Agent Information, Main category, Twitter for Real Estate|Comments Off on Real Estate Social Networking sees dramatic growth

Bing goes bonkers to Google dismay

Microsoft’s BING search engine may cause a radical shift for real estate website SEO strategies.  In the recent WAV Group report on Broker Website Effectiveness, Google was responsible for 64% of of search engine traffic.  All other search engines (including Microsoft) were responsible for 19%.  As a result, SEO specialists have focused their optimization efforts on Google as the primary search engine for their strategy. Today, in a report from web traffic measurement agency ComScore, Bing is now responsible for 16.7% of search.  This total is up from 11% when BING launched June second.  This is a remarkable shift in such [...]

By |2018-05-03T21:26:25-07:00June 22nd, 2009|Broker-Agent Information, Main category|Comments Off on Bing goes bonkers to Google dismay

Inflation Deflation and Real Estate

Today, the Federal Funds Rate is at 0%.  This has created a surplus of Bank Reserves to fight the financial crisis.  We are also seeing deflation in the Consumer Price Index.  In parlance, the cost of living has gone down.  But deflation today, combined with a mounting Federal Deficit should lead to inflation tomorrow.  This shift should create a stimulus for real estate. In the absence of the mortgage industry and employment melt down, lower interest rates and a dip in housing prices would naturally lead to a real estate buying party.  Sadly there has not been such fanfare, and [...]

By |2018-05-03T21:26:25-07:00June 21st, 2009|Broker-Agent Information, Main category|Comments Off on Inflation Deflation and Real Estate

Closing.com launches new website and gets washington post review

Remember buying that last car - you negotiated the final price with the salesperson then they turned you over the the “Finanance and Insurance Guy” who hammers you for a warranty, mud flaps, car mats, rust proffing, chip guard and other stuff?  Somehow they always get you to buy something. The back end costs of buying a home are not much different for home buyers - inspection fees, title escrow fees, attorney fees, insurance, yadda, yadda… all adding up to hundreds or even thousands of dollars.  When you purchased your last home, did you shop for the best provider with [...]

By |2018-05-03T21:26:26-07:00June 18th, 2009|Broker-Agent Information, Main category, MLS Insights|Comments Off on Closing.com launches new website and gets washington post review

Do Members Want a National MLS? Has Anyone Asked Them?

Over the past few years the topic of regionalization and data sharing has been high on the list for most MLSs.  During strategic planning sessions WAV Group facilitates this is always a major topic.  At every real estate convention you attend you can find a panel on regionalization and data sharing issues.  Even so, if you talk to 10 different people you may hear 5 different ideas on how to address these issues.  Difference in opinion is a good thing, but what we see in our industry, at times, are parallel attempts to address the same issue by different individuals [...]

By |2018-05-03T21:26:26-07:00June 17th, 2009|Broker Technology Research, Broker-Agent Information, Main category, MLS Insights|Comments Off on Do Members Want a National MLS? Has Anyone Asked Them?

The spring increase in home sales may be yielding a slow summer crop

The Mortgage Bankers Association (MBA) released the latest mortgage data this morning.  Bad news abounded.  As a result of rates moving up over their record lows of around 4.6% a few weeks ago, all leading mortgage indexes fell.  Applications fell by 15.8%,  Refinance fell by 23.3% and purchase applications dropped 3.5%.  This is a significant reversal from the March rise. The raise in rates was triggered by the bond market pushing the yield on the then year note up to 4%. This trend must be reversed immediately for the Fed's recovery plan to work.  This issues is only compounded by [...]

By |2009-06-17T14:17:42-07:00June 17th, 2009|Broker-Agent Information, Main category, MLS Insights|Comments Off on The spring increase in home sales may be yielding a slow summer crop

WAV Group partners selected as featured speakers on brokeragentspeakers bureau

Marilyn Wilson and Victor Lund, partners in the WAV Group, were recently selected as featured speakers by the Broker/Agent speakers bureau.  The speaker's bureau connects interested parties to over 100 speakers in the real estate and financial services industries covering hundreds of topics and offer keynote speakers, real estate seminar speakers, workshop leaders, breakout speakers and more.  Marilyn and Victor are frequent speakers at real estate industry events and now, though the bureau, are available to speak on a wide range of broker/agent services from brand management to the effective use of social networking.  For more information go to   www.BrokerAgentSpeakers.com

By |2009-06-16T14:12:41-07:00June 16th, 2009|Broker Technology Research, Broker-Agent Information, Main category, Our Company, Press Releases, Virtual Office Website Series|Comments Off on WAV Group partners selected as featured speakers on brokeragentspeakers bureau

Bloggers overtake Newspapers as a leading source of news

Now that blog readership has passed newspaper readership in most US communities,  I wonder what is next for blogs. Today, blogs are all about open access to content.  Indeed most bloggers are expressly interested in having readers “share” their blog content, and even provide socialization tools that allow readers to republish the blog content to any number of sites like Twitter, Facebook, Digg, Stumbleupon, etc. As the plummet of newspaper readership continues, what happens to the writers?  It is easy to hate the newspapers, but the writers have fans.  Today, despite the efforts of unions, newspapers have been faced with [...]

By |2018-05-03T21:26:26-07:00June 15th, 2009|Broker-Agent Information, Main category|Comments Off on Bloggers overtake Newspapers as a leading source of news

Tips on building a great real estate newsletter

Though many online marketers send emails that are very similar to their websites in terms of navigation and linking, major differences in the way consumers view emails vs. websites indicate that emails should be designed differently to achieve the best results, according to a recent report from Smith-Harmon. The report, which is based on an analysis of website and email data for 100 top retailers (non-real estate) collected in March and April 2009 by the Retail Email Blog, found that horizontal navigation bars, emails with fewer links, HTML coding (vs. images) and special tactics to highlight sales, seasonal specials and featured departments work [...]

By |2018-05-03T21:26:27-07:00June 9th, 2009|Broker-Agent Information, Main category|Comments Off on Tips on building a great real estate newsletter

Real Estate Domain Auction information published in Inman

We have gotten a lot of emails and calls today regarding the Real Estate Domain Name auction that headlined in Inman News today. Here are the details of the Auction Auction Information Date:: Thursday, June 11, 2009 Time:: 1:00PM PST. Registration for the Auction begins at 11:30AM PST. Location:: Fairmont Hotel San Francisco 950 Mason Street San Francisco, California United States 94108 TEL (415) 772-5000 FAX (415) 772-5013 Click Here for the Directions Information, Domain Listing and Opportunity Overview Download the White Paper Here Download the Map of the Portfolio Here Download Domain Portfolio Overview Here Download Full Listing of Domain [...]

By |2009-06-09T13:58:53-07:00June 9th, 2009|Broker-Agent Information, Main category|Comments Off on Real Estate Domain Auction information published in Inman

Real Trends releases TOP 400 Real Estate Agents and Teams

Top performing sales professionals ignore market downturn and turn in record year. The Wall Street Journal and LORE announced the 2009 rankings of the top real estate professionals in the country based on calendar 2008 results.  The rankings will be posted onRealestatejournal.com, Realtrends.com and Loremagazine.comas of 11:00AM eastern time June 4th. The Wall Street Journal/LORE Top 400 is based on a survey of over 7,000 brokerage firms, associations of Realtors® and hundreds of other sources to determine the top real estate professionals in the United States.  Now in its 4th year, this ranking is the only independent study of its kind where [...]

By |2018-05-03T21:26:27-07:00June 4th, 2009|Broker-Agent Information, Main category|Comments Off on Real Trends releases TOP 400 Real Estate Agents and Teams

10k Research Marketing Launches competition to cyberhomes-Altos-Clarus

As Real Estate agents divert traditional marketing tactics from showing photos of homes to becoming market experts, they rely heavily on the mining of real estate market data from suppliers like Cyberhomes, Altos Research, Clarus Market Reports and now, new commer 10K Research Marketing.  I checked out their website and their reports look very nice. They plan to be at Inman Connect in San Francisco.  Check out these prices and let me know what you think.  Remember that Cyberhomes is $4 – $10 per report.  Clarus is free if your REALTOR Associaiton picks up the site license.  The prices look [...]

By |2018-05-03T21:26:27-07:00June 2nd, 2009|Broker-Agent Information, Main category, MLS Insights|Comments Off on 10k Research Marketing Launches competition to cyberhomes-Altos-Clarus