You Have Facebook and Twitter Accounts - So You're Using Social Media, Right?

You Have  Facebook and Twitter Accounts - So You're Using Social Media, Right?

Maybe, but maybe not. The questions becomes - are you getting results? How you use social media is almost as important as whether or not you sign up for an account.

Working Out at the GymI've heard Social Media being compared to having a gym membership. Once you have a membership you've taken the first step to getting fit. But if you don't work out on a regular basis, you won't see the benefits. There are also strategies you can use to maximize your time at the gym and improve your results.

The same is true for social media.

Social media isn't a magic bullet and having profiles on all the sites won't make you an overnight success. The value of social media comes over time as you engage people who are interested in your message.

Here are some ways to improve your results with social media:

1.) Have a strategy that includes what you want to achieve with social media, what tools you will use, and how you will measure results. Make adjustments as necessary. Social media is more of an art than a science and each industry, business, and individual are different. You may need to make more than a few tweaks to find your stride.

2.) Choose the Right Tools - Do your research and determine which tools will work best for you and your business. Where are your customers online? You might not want or need to be on every site out there. Focus your efforts where you will get the best results.

3.)Listen First before you jump into any site, this will let you get a feel for what's acceptable and what's not, every community is different. Also, make sure you understand a site's Terms of Service as some have restrictions on how you can promote your business.

4.) Personalize and Humanize - No one wants to talk to a logo, social media is about people and interactions. Don't be afraid to share information that shows you are human, it will make you more approachable to your follows.

5.) Engage - Provide value and don't be spammy! You might be excited about your product or service but no one likes a non-stop sales ad. Provide relevant information but more importantly, interact and engage with your followers. Make sure your social media conversations are a Dialogue, and not a Monologue!

The main thing is to just get out there, ease into it if you need to but start working that social media muscle.

This article also appears on our Social Media Blog.

31 commentsMonica Ray • November 30 2009 07:00PM

How One Lender Used Social Media to "WOW" a Client Today

How One Lender Used Social Media to "WOW" a Client Today

Not HappyWe've all experienced delays on closings for one reason or another and they're never fun. But when they happen at the last minute it can cause a lot of stress for all parties involved in the transaction. Well that scenario happened to us this morning.

We had a closing scheduled for 1:00 today with our Buyer who arrived by train at 1:00 a.m. this morning from the East Coast to close on her new home. Her furniture is also scheduled to arrive today.

The sellers of the house she's buying are packed and ready to be out of the house today and are also closing on their new home at the same time.

So needless to say, everyone is counting on the closing to happen as scheduled today.

At 8:15 a.m. this morning we get "The Call" from the Title Company stating that they talked to Quicken Loans (the lender) and it looks like we won't be able to close for a week at least.

As you can imagine, a moment of panic set in along with a lot of other strong emotions and a few *#*#*@@ expletives. We called the Buyer and the Seller's agent to let them know and were met with more strong emotions. The Buyer called the lender immediately.

We use Twitter on a daily basis and have found it to be an invaluable marketing and communications tool in our business. I Tweet about many events so mentioned that

"I'm not impressed with Quicken Loans this Morning" on Twitter.

In less than a minute, I had a response from Kelly @QuickenLoans asking what she could do to help.

Twitter Stream

She also followed me so I was able to send her a Direct Message and an email about the issue so everything wasn't broadcast publicly. (This is a good strategy by the way - if you have a client issue, try to take it offline).

  Twitter Stream

Twitter Stream

I sent Kelly at Quicken Loans my client's name by email. Of course my comment generated some discussion on Twitter and I received several responses, including one from my friend Justin McHood who is a loan officer in Arizona.

Twitter Stream

Twitter Stream

Within minutes of this tweet, we had an email from a Client Service Specialist and the Loan Officer explaining what she needed. Our client also called and was able to speak to the Loan Officer and was able to request the form Quicken needed from her attorney.

The Loan Officer told us if they received the form they could close today and she would do everything she could to help us close on time. Our client was able to get the document to them but unfortunately, the title company is booked for today. So, we're scheduled to close tomorrow - a slight delay but certainly one we can all live with, and much better than a week's delay.

So of course, I had to update my Twitter status:

 

 Twitter Stream 

In real estate transactions, occasional delays are bound to happen - especially with all of the new guidelines that lenders have to comply with. I have more than one horror story about working with out-of-state lenders who were unresponsive and difficult to work with. Fortunately, QuickenLoans isn't one of those companies and I have to say I'm impressed with their service on the overall transaction, and how quickly they responded when there was an issue.

 

 

59 commentsMonica Ray • October 29 2009 03:29PM

Still Think Social Media Is Just a Fad? Think Again.

Still Think Social Media Is Just A Fad? Think Again. This video shows the undeniable revolution that is happening with social media. Welcome to the world of "Socialnomics" : Thanks to David Gibbons for sharing this link on Facebook.
5 commentsMonica Ray • August 13 2009 11:08PM

What Does Google Have To Say About Your Sellers?

What Does Google Have To Say About Your Sellers?

GoogleThe world is a different place today, and even if you're not online, you ARE ONLINE. Unless you've been living in a cave for the past 30 years, if someone "Googles" your name, they will likely find someplace where you are mentioned - public documents, meeting minutes for local organizations, boards you serve on, mentions in the newspaper, sports activities, or any number of places. The same is true in real estate for buyers and sellers.

Internet Search

Buyers and Sellers are more Internet savvy than ever. I have had two instances recently where a buyer was interested in a house, looked the property up online in tax records, and did a Google search of the seller's names.

The first buyer discovered that one of the seller's was formally a tennis star and that the family had owned some local restaurants. The second buyer learned about the seller's profession and actually found his Blog online. Read What Is That Seller Thinking? Just Read His Blog to Find Out!

I don't think either instance changed the outcome of the transaction but it did make me stop to think about how it changes the real estate transaction.

When you are working for a seller in a real estate transaction, the seller may not always want to disclose personal reasons for a sale - a divorce, death in the family, financial issues of the seller, etc. because it may speak to their motivation. If a buyer knows that they have to sell, it can affect the offering price.

Transparency is something we strive for in social media, and with the power of the Internet, it seems it applies to everyone - whether they realize it or not.

 

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Kevin and Monica Ray are Missoula Real Estate sales and marketing professionals for Access Realty in beautiful Western Montana. We provide services in, but not limited to: Missoula, Superior, Alberton, Saint Regis, Lolo, Clinton, Turah, Potomac, Florence, Corvallis, and Hamilton.

For more information on Missoula Real Estate or surrounding areas, they can be reached at 406-207-1185 or online at www.AccessRealty.net.

Search Western Montana Homes & Land Contact Kevin & Monica Ray, Access Realty


By TwitterButtons.com

5 commentsMonica Ray • July 26 2009 07:08PM

What Type of Social Media User are You?

lazy officeIn her book, Groundswell - Winning in a World Transformed by Social Technologies, Charlene Li defines six types of social media users and the percentage of users that fall into each group.

What type of user are you? What type would you like to be? Or, if you're like me, you're a combination of the types:

Creators 18%

  •   Publish Blog
  •   Upload Videos
  •   Write Articles

Critics 25%

  •   Post reviews
  •   Comment on blog
  •   Contribute to forum

Collectors 12%

  •   Use RSS feeds
  •   Add tags
  •   Vote for websites

Joiners 25%

  •   Maintain profile
  •   Visit social networking

Spectators 48%

  •   Read blogs
  •   Watch video

Inactives 44%

  •   None of these activities
7 commentsMonica Ray • July 13 2009 11:09AM

Is Social Media a Double Edged Sword?

Social Media SwordWe view social media as a critical aspect of our marketing strategy and focus a good deal of time and energy implementing our social media plan. This has generated new business for us, helped us make new friends, meet local business leaders, and is an enjoyable part of our day.

Social Media has become an inexpensive way to reach hundreds, thousands, and in some cases, even millions of people in an instant. This is great when you are broadcasting a new blog post to generate traffic to your website or announcing a new listing.

What happens when someone is dissatisfied or has a gripe about a business or service - or worse yet - about your business or service? It too, can spread quickly across the world wide web.

There have been several examples of this recently, including the disgusting Domino's Pizza video on how not to make pizza that was made as a joke by some employees and posted on YouTube and was broadcast across social media sites to a huge audience, causing quite a headache for the pizza franchise.

In social media, it is possible for a single individual to have a greater reach than even a large established news organization as demonstrated by Ashton Kucher in his race to a million followers on Twitter with CNN. In case you missed that story...Ashton won hitting a million Twitter followers before the CNN. One single person can have a big impact on the brand of a business or an individual - good or bad.

Charlene Li and Josh Bernoff's recent book Groundswell points out that in any social media situation 18% of the participants are creative and contributory while 25% are critical (thus, there will be more critics than contributors).* 

So, what can you do to protect your brand and image on social media?

1.) Have a Plan and be prepared to respond quickly to criticism if it appears online.

2.) Monitor what is said about your name and your company name on social media sites. You can set up free alerts through Google and Twitter alerts and should monitor blog comments received to your posts on a regular basis.

3.) Be Transparent - if you are genuine it will come across in your social media efforts. No one likes a phony in real life, or in social media.

Build Relationships4.) Build Relationships - Social Media is about relationships and building them helps your business and provides you with credibility if you need support.

5.) Stay on the Battlefield * - If you receive a negative comment on Twitter, respond to it on Twitter.

Guy Kawasaki, a leader in technology recently said that, "Twitter is the best thing to happen to marketing since television, It's cheaper, it's fast and it's free." I believe this statement applies to all of social media, you just also have to be aware that there is another side to that sword.

*Resource: "When Social Media Turns Hostile: A Guide to Brokerage Self Defense" by Jeremy Conaway.

 

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Kevin and Monica Ray are Missoula Real Estate sales and marketing professionals for Access Realty in beautiful Western Montana. We provide services in, but not limited to: Missoula, Superior, Alberton, Saint Regis, Lolo, Clinton, Turah, Potomac, Florence, Corvallis, and Hamilton.

For more information on Missoula Real Estate or surrounding areas, they can be reached at 406-207-1185 or online at www.AccessRealty.net.

Search Western Montana Homes & Land Contact Kevin & Monica Ray, Access Realty


By TwitterButtons.com

33 commentsMonica Ray • July 11 2009 05:09PM