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Tag Archives: twitter

The social side of real estate

Bill Johnston – Toronto Sun

If you have spent any of your spare time on the Internet lately, chances are your online experience has included visits to websites like Facebook, YouTube and Twitter.

According to statistics published on a weekly basis by the online activity measurement company Experian Hitwise, we visit Facebook more than any other website, and YouTube ranks as the fourth most popular Internet destination for Canadians.

As a result of the pervasiveness of social media, many different sectors have are using them in their efforts to reach out to you, and the real estate profession is no exception. Given that the web serves as a means of conveying candid, up-to-the-minute information, it’s no wonder that the use of social media is so popular in the world of real estate.

By connecting with Greater Toronto REALTORS® through social networking websites you can gain considerable insight into continuously evolving real estate trends and opportunities in our region.

You will find a range of information from updates on the market to important tips to consider from both the buyer and seller perspectives, and much more.

A good rapport is important in every business relationship, and social media can be beneficial in this regard. Beyond posting links to key information, REALTORS® may use social media to offer their individual perspective on a number of different real estate related topics through YouTube videos, tweets and Facebook updates. Often you will find links to REALTORS’® blogs, where they offer insightful commentaries on the latest news that may affect you in the world of real estate.

Regardless how many transactions you undertake in your journey up the property ladder, you’re likely to encounter different variables in every transaction because they each involve their own unique set of circumstances. That is why so many buyers and sellers depend on the professional insight of a REALTOR® to guide them through the process.

To find a real estate professional who matches your needs, begin by asking family, friends and colleagues for referrals, then be sure to learn more by following REALTORS’® updates and perspectives on social networking websites.

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Contact the Jeffrey Team for more information – 416-388-1960

Laurin & Natalie Jeffrey are Toronto Realtors with Century 21 Regal Realty.
They did not write these articles, they just reproduce them here for people
who are interested in Toronto real estate. They do not work for any builders.

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New tools make it easy to research new homes

Stephen Dupuis – Toronto Sun

It amazes me how quickly new marketing techniques jump out at new home builders these days. Trends are constantly changing, and the latest “in” is social media.

To those unfamiliar with the nature of this new marketing phenomenon, social media marketing uses various online tools such as Facebook, Twitter, LinkedIn and a number of online blogs, chatrooms and interactive web sites — just to name a few — to sell just about anything.

Some argue that they’re slicing bread before selling it while others believe it’s nothing more than fancy packaging. Regardless of opinion, it’s been popping up in a number of industries over the last few years and, finally, seems to have solidified itself as an essential tool in real estate marketing.

I had the pleasure of attending a forum recently, where I witnessed an intriguing debate involving highly respected marketing specialists on the effectiveness of social media marketing. The final consensus? One can’t survive without the other.

Today’s new home buyers are no longer impressed with catchy slogans and sexy ads. They might look at them and smile, but with so many well-advertised projects in the GTA, it takes more than a pretty picture to get them into the sales office.

Everything connects

Builders looking to sell a home are now linking their newspaper and magazine ads to their Twitter and Facebook accounts, driving purchasers to interactive web sites equipped with regularly updated blogs and virtual tours.

Information about the various projects and options is presented on all fronts, to a point where buyers can comfortably settle on a handful of sales offices to visit and, once there, know exactly what they want to see or ask.

The not-so-recent wave of search engine optimization is yet another technological breakthrough that is sweeping through the building industry.

Initially slow to take off (with the exception of a few notable builders), optimizing a website to allow new home buyers to quickly locate it using Google search is finally starting to settle into the top of builders’ marketing strategies.

This is great news for buyers who are looking to find an array of new project openings without having to research new home search portals ahead of time. Just type in what you’re looking for and — presto!

Easy access to information

I recently learned that there were 165,000 searches for “Toronto condos” in Google for the month of April. That’s just one keyword on just one (although very popular) search engine.

To make matters even more interesting, I was told that 55,000 of those searches were not local, which just goes to show you how easy it is for investors overseas to research new homes in the GTA.

With the popularity of online virtual tours, you can actually buy a home without having to visit a model and still be content that you are getting exactly what you’re looking for.

No matter how you look at it, the end result benefits the buyer. The availability of detailed information has never been so great, and its ease of access is remarkable, even for our era.

Much like home building, the sales and marketing process is ever-evolving to make the new home purchase as easy and hassle-free as possible for the new home buyer.

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Contact the Jeffrey Team for more information  -  416-388-1960

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The New Deal: Status Update — Sold

Lauren Ferranti-Ballem, National Post

In a tightly cut video just over two minutes long, we learn the brunette bombshell lounging on white leather is a Canadian model whose resumé includes a Victoria’s Secret credit. Drum and bass set the soundtrack while subtitles make it look like a high-fashion magazine spread: We know who designed the dress, the cuff, the heels; the shoot’s stylist was named “One to watch” by Women’s Wear Daily; the shoot’s location was trendy King West resto Spice Route.

It’s eye candy, an ad within an ad, and while it doesn’t have much in common with condos, it’s just another way of using social media to sell real estate. The video is part of the hype campaign for the newest development by Canderel Stoneridge: DNA3 condos in King West Village, breaking ground this summer. It was posted to YouTube in February and has since racked up 812 views (full disclosure: I watched it twice). The idea is to take viewers behind-the-scenes at the photo shoot for DNA3′s billboard ads – which haven’t even debuted yet. “It shows people the process of creating the campaign,” says Riz Dhanji, vice-president of sales and marketing at Canderel Stoneridge. “They get a little insider knowledge, and it makes them feel like a part of it.”

Social media sites like Twitter, Facebook and YouTube speak directly to DNA’s target: Young, wired downtowners with iPhones stuffed into the back pockets of their super low-slung skinnies. “For the first two phases of DNA, we held live chats on the website where sales associates walked people through an online presentation,” Mr. Dhanji says. “We’re creating a new site for phase three this summer that will host live Q&As with sales reps on our Twitter feed.”

This is targeted, efficient communication. “Social media goes far beyond what a print ad can do,” says Matthew Slutsky, president and founder of buzzbuzzhome.com, a Toronto-based website that lists new condos and homes and helps real estate developers augment their online marketing strategy. “The traditional print ad for a condo development – a lifestyle shot of a couple holding hands on a beach – doesn’t open a conversation.”

Savvy, critical consumers don’t want to be advertised to – they want access to information and they want to talk back – and be heard. “It’s not enough to simply open a sales centre and hope people will find you,” says Danny Roth, president of Brandon Communications, a boutique PR firm in Toronto’s Liberty Village with a roster of real estate clients. “Along with traditional advertising and PR, social media is just another tool in a comprehensive communication strategy.”

Before making a big purchase – and a condo is one of the biggest – shoppers do their homework online. In fact, nine out of 10 home buyers start their search online, even before consulting an agent, Mr. Slutsky says. They’re looking to research, read reviews and be dazzled by a cool, comprehensive online presence that includes an entertaining Twitter feed, thoughtful video and music and revelatory blog entries.

Industry observers like Mr. Slutsky and Mr. Roth name Art Condos, by Triangle West Developments, as a standout online presence among its peers. “Art Condos gets it,” Mr. Slutsky says. “They realize that it’s not just about selling units. Their approach is to promote local businesses and create buzz for the area – and that indirectly inspires consumers.”

From Art Condo’s website, the curious can click through to the blog, which is dedicated to West Queen West culture. Among the entries, readers will find a weekly feature on indie business owners in the neighbourhood, the most recent one a 20-questions style video shot on a pocket-sized Flip camera at Poppies, a small florist. But the big news is its recent contest, called ARTiculate. The campaign encourages would-be photographers and filmmakers to submit their own interpretation of West Queen West “as they see it now.” The shots and mini movies (they must come in at under two minutes) can be uploaded to Art Condos’ Facebook fan page, where they will be judged both by Facebook members and local art personalities. There are prizes, but best of all, winning entrants will be lauded as artists in their own right: Their photos and videos will be looped and displayed as part of Art Condo’s rotating art exhibit in its lobby and amenity areas.

“Instead of trying to define the neighbourhood with our development, we want to throw it back at our market,” says Gary Silverberg, Triangle president and an artist himself. “Who better to communicate the greatness of the area than the people who live and spend time here?” Triangle is a small company with a modest advertising budget, he says, so it’s been forced to get creative. Fortunately, the medium of choice is cheap, casual and caters to its key audience. “The blog, this contest, they’re all experiments for us,” he says. “Everyone’s walking around taking video and photos with their smart phones and posting it online anyway, so why not establish it as an art form?”

The challenge with so many social media tools, particularly the blogs and status updates, is to keep it real and relevant. “Developers can’t maintain a Facebook or Twitter account without constant updates,” Mr. Roth says.”The information doesn’t just come daily anymore, it comes multiple times a day and you have to keep up.”

Keeping up is a concern for Jim Ritchie, senior vice-president of sales and marketing at Tridel. “We’re working on appointing someone to maintain our social media presence,” he says. “We can’t be involved in everything, but our largest audience is first-time condo buyers: They’re in their mid to late 30s, they’ve embraced technology and we have to speak their language.”

The developers who have found success in social media have done so by using it as an engagement, and not necessarily an as advertising, tool, Mr. Roth says. “Authenticity lies in understanding the buyer,” he says. “Social media works best with an organic, grassroots feel.”

With the ARTiculate project, Art Condo’s message truly does start at street level – not in a boardroom. “We have no choice but to be authentic with this,” Mr. Silverberg says. “Hopefully we don’t lose control of this type of media. It’s kind of like a living organism; it’s its own little beast.”

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Contact the Jeffrey Team for more information  -  416-388-1960

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