Twitter Real Estate Tips Tweet Your Listings
Twitter Real Estate Tips Tweet Your Listings
New technologies continue to make business easier and more exciting than ever The recent introduction of social media websites like Twitter, Facebook and LinkedIn are creating quite a buzz among the Real Estate community It has never been easier to connect with people and share your listings . .Twitter provides a large chat room feel where Realtors may list properties and answer questions asked by interested parties It also gives the Realtor a chance to connect with new lenders and real estate investors At Twitter, people choose the people they wish to follow and create a tailored list of friends They may also choose to un-follow certain people at any given time . .Be Honest . .Create your Tweets with honesty in mind Don’t mislead potential clients or trick them into visiting a home that isn’t what they’re looking for A wasted trip may cost you a great lead Home owners have become much more knowledgeable about the real estate business in the last couple of years Mass foreclosures have taught home buyers what to look for and warning signs to avoid . .Be Brief . .Twitter limits each message to 140 characters As a Realtor, certain acronyms are used on a regular basis to describe a home For instance when someone reads “4bed, 2 5 bth” it’s readily understood that the home has 4 bedrooms and 2 and one half bathrooms Make the most of those acronyms while “Tweeting” your listings . .Create Curiosity . .Provide a city name and brief description of the home Links to photos or videos can take up valuable space and should always be shortened by using a service like TinyURL A properly written Tweet may look similar to this: “New Listing Minneapolis Single Fam Home 4bed, 2bth, fenced yard, great neighborhood Starts at $98k ” Thirty-nine more characters allow you to link to the listing on your website or photos . .This example provides valuable information for home buyers and real estate investors They know up front that the home is an affordable single family home in Minneapolis with 4 bedrooms, 2 bathrooms, a fenced yard and a great neighborhood Encourage your Twitter followers to ask questions and answer them promptly . .Obviously the information contained within a 140 character message isn’t going to provide all of the information buyers are looking for Engage in conversation via tweets with followers Really get to know what they’re looking for in a home so you can effectively tweet about listings they may be interested in . .Tweet Open Houses . .Any time you have an open house, Tweet about it Let your followers know when you will be there so they can plan to attend and get information about the property Every professional Realtor knows that getting the interested party to tour the home is incredibly important to sealing the deal . .Tweeting an open house should be done in much the same way as a new listing When you tweet an open house, include the address Make sure your followers know exactly where the home is Interested followers will show up, especially if you’ve already created a relationship with them on Twitter . .Make Use of Media Sharing Websites . .The Internet makes it possible for a variety of websites to communicate Posting your message to multiple sites can be quite time consuming Look for websites that offer the possibility to post to multiple communities simultaneously For example, when you post a photo to FriendFeed or TwitPic you have the option to post it to Twitter in the same instant . .Use these services and others like them to your advantage Don’t spam your followers with message after message, just share the important stuff Keep a close eye on each community website you use and keep communication flowing freely Buyers and investors enjoy building a relationship with their Realtor Be the Realtor that provides them that opportunity .
Source: www.rsstnx.com
Get Money For Your Real Estate
What are R E O ’s? “Real Estate Owned” by lenders This is real estate that has been foreclosed on and repossessed by the lender Lenders are, by definition, in the business of loaning money and making a profit on the interest rate and loan fees that they charge the borrower . .They are not in the business of investing in and managing real estate This is why lenders do not like R E O’s They distract lenders from their main business: dealing in money They tie up resources that the lenders would rather put into other areas and force them to deal outside of area of expertise The enormous number of R E O’s available for sale at this time is only a small symptom of a financial illness that is ailing our country’s saving and loan industry Federal savings insurance, the major precaution to prevent bank runs, is in jeopardy today . .After bailing out ailing thrifts and paying off depositors at an accelerating pace over the past eight years, the FSLIC (Federal Savings and Loan Insurance Corporation) has dug itself $16 billion in the hole, is losing an additional $1 billion a month and faces an estimated $100 billion problem Still, roughly 1,000 Savings and Loan institutions nationwide are insolvent or close to insolvency, losing over $7 Billion dollars annually . .Many officials in Washington D C admit that the S&L problem has been brewing for years But how did it start? For years, S&L’s had been the safe haven of the U S financial system, making low risk home loans with low interest savings deposits largely in and around their own communities .
Source: www.rsstnx.com
Is the Real Estate Market Rebounding
Along with the weather, the real estate market seems to be getting better . .Stale homes which have stayed the course through the sleet and snow are now hanging sold signs on the front lawns These properties that have sat for 6 months are now selling in multiple offers It is almost like a spoiled child syndrome No one wants to play with it until another child indicates that they like it . .It is not just rumours that properties are selling in multiple offers I have been involved in two recently and have talked to many colleagues who are finding the same thing One agent had 11 offers registered on a place in midtown Toronto That means there are now at least 10 unsatisfied people who are ready to jump on the next ‘right thing’ in Toronto . .We are not seeing the builders or flippers out in droves but they are starting to come out of hibernation What does this mean? If they get started up again we will definitely see the return of central core Toronto real estate, especially if they can get access to this low interest money . .We were never too far down in prices in the central core, 5%-8% The media mainly focused on properties that were grossly overpriced in the first place People overvalue their homes in both good and bad economies . .Are these buyers all just optimistic suckers? Or are they the last of the people who will be getting the “good deals”? The economy seems too fragile right now to set stand in one camp or the other . .I must say that I am not so naive as to think we are in the clear, but I am certainly enjoying the sun while it is shining . .There doesn’t seem to be imminent doom but the fall out of GM and Chrysler has yet to be seen These are good reasons to keep your money invested in bricks and mortar People will always need shelter to buy or rent . .I will continue to say that right now is a great time to sell, especially if you are moving laterally, moving up or diversifying your portfolio of real estate . .If the market keeps trucking along like it has this spring Toronto proper seems like it will tighten up, if you look hard there are still some really good prices on properties right now . .Another cause to applaud is the government’s reluctance to change Canada’s immigration policies Immigration has been a staple when it comes to the health of Toronto’s real estate Of the 250,000 permanent landed new-Canadians 60% of them move to the GTA That is exactly what we need to keep stimulating our housing market . .Canada has embraced immigrants in good times as well as bad and has been rewarded with the newcomers strengthening the country’s economy A lot of newcomers generally are more inclined to own homes People from Hong Kong, China and India all put a very high importance on home ownership Quite often their first order of business is to buy a home . .Toronto real estate seems to be in a very healthy space right now The whole World’s economy seems to be fragile but at least it appears that we are moving in the right direction .
Source: www.rsstnx.com
