"Now on DVD: Holiday
Cards"
Wall Street Journal (12/16/06) P. P1 ; Tan, Cheryl Lu-Lien
The holiday DVD has become something of a marketing tool for Greg
Askins, a real estate agent in Chandler, Ariz., who sends them to clients.
"It gets your name in front of people," says Askins, whose season's
greetings this year consists of four minutes of pictures, including some
taken during a family vacation to Disneyland that shows his boys on various
rides. Sonya Hemmen, a friend and elementary-school principal in Glenwood
Springs, Colo., says she keeps Askins' DVDs partly because her young
daughter enjoys watching them. "She knows the boys and has her own little
computer and she'll pop them in now and then to watch them," says Hemmen.
Askins' use of the DVD as a holiday card comes at a time when more
Americans have grown accustomed to picture-sharing through e-mail, posting
video online, or using similar features in cellphones and camcorders.
"Auctions Pick Up
Speed"
Lawrence Journal-World (KS) (12/17/06) ; Fagan, Mark
In an effort to speed sales and keep expenses down as the national real
estate market continues to cool, Realtors, sellers, and buyers are
increasingly turning to upscale auctions to buy or sell a home. Auctions
of this kind are the most rapidly-evolving market of the auction sector,
and have been so for the last few years, according to National Auctioneers
Association spokesman Steve Baska. The amount of auctions of residential
properties nationally rose 4.5 percent in the third quarter, making it the
sector's fastest-expanding segment. These auctions comprised $14.2 billion
in sales in 2005, around 23 percent higher than the $11.5 billion in sales
seen a couple of years earlier. One auctioneer, Bill Fair, who owns the
Lecompton, Kan.-based Bill Fair and Co., says he has never been busier in
his 37 years in the business, including the past 26 in real estate. Fair
noted that he has sold over $16 million in properties at auction over the
last three years. Although residential sales comprise a relatively small
portion of that total, Fair said he knows that the numbers will continue to
increase as other listed properties remain on the market for longer periods
of time. "It's been an avalanche, a landslide," he said. "We go to annual
conventions--there are 2,000 auctioneers in the United States--and they're
all saying the same thing."
"Savvy Pricing,
Incentives Help Homes Sell Faster"
Detroit Free Press (12/17/06) P. H2 ; Bauza, Margarita
Despite the slowdown in the housing market, Tracey and Doug Stelkic of
Chesterfield Township, Mich. were able to sell their home a week after it
was put on the market. The Stelkics adopted a three-pronged strategy for
selling their 2,100 square foot, three bedroom home. The couple priced the
home 3.5 percent less than similar houses in the area, and offered a 5
percent commission to their real estate agent so that he would push the
house more aggressively. The generous commission--a typical commission is
3 percent--did in fact motivate their real estate agent, Hank Mendez of
Realty Executives in Shelby Township, Mich. Before a for-sale sign even
went up on the Stelkics' home, Mendez had posted the house on two Web sites
and gotten the word out through e-mails and telephone calls.
"Creative Realtors Turn
to YouTube"
Inside Bay Area (CA) (12/12/06) ; Hernandez, Barbara E.
A growing number of real estate agents are targeting younger home buyers
and hoping to get an edge on their competitors in a slowing market by
posting video walk-throughs of properties on YouTube. This method of
marketing has even caught the attention of the National Association of
Realtors, which addressed the topic in its 2006 technology report. YouTube
allows agents to advertise for free, rather than spend hundreds of dollars
on Web listings, virtual tours, and professionally produced videos. They
need only use the video recording feature on their digital cameras and walk
through the home just like a buyer would when taking an in-person tour.
"The real estate agent that can say, 'I can send you 20 (video walking
tours),' is going to have a competitive advantage," says Center for the
Continuing Study of the California Economy director Stephen Levy. However,
experts note that some older agents--many of whom do not even have email
access--may hesitate to embrace such technology.
"Market Forces
Creativity: Builders, Agents Spread Message in Unusual
Places"
Myrtle Beach Sun News (SC) (12/10/06) ; Burns, Jenny
Marketing and advertising have become more of a focus for real estate
companies in Myrtle Beach, S.C., because of the downturn in the local real
estate market. In an attempt to differentiate themselves from competitors,
real estate agents are not limiting themselves to newspapers and the Web,
but are seeing more potential opportunities for exposure in some unusual
places. Agents at Broadway Station condominiums have set their sights on
local buses, the baggage area of Myrtle Beach International Airport,
airline magazines, and health clubs. Meanwhile, in a few weeks, George
Connell, an agent with Weichert Realtors Southern Coast, will have an
"Adopt-a-Highway" sign on a stretch of U.S. 17 Bypass at Coastal Grand Mall
that reads "1-800-Listing," and anyone who dials the number will reach him.
Connell, who bought the local rights to a national phone number
1-800-Listing in November for $49 a month, also cites auctioning his
services on eBay for a penny as the kind of creative strategies he has
engaged in. "The exposure to the world [on eBay] is unbelievable for
$1.30," he says. Indeed, Brandon Advertising says the Internet remains a
key to real estate marketing. According to the National Association of
Realtors, the Internet is where the search for a home begins for 77 percent
of prospective buyers.
"Realty Boot Camp
Essential for Newcomers"
Press-Telegram (Cal) (12/11/06) ; Jergler, Don
Bootcamp 4 Success, a marketing and selling course for realtors begun by
Bambi White, provides enrollees with 24 hours of instruction during a
two-week class. For $399, students learn how to draw up a business plan
and a marketing tactic, identify a focus sales group, and create selling
strategies. White also instructs students about database management, the
use of a particular goal when looking for sale leads, and how to plan out
initiatives to meet their marketing and sales objectives. Another aspect
of White's boot camp is "power partnering," which studies the important
factors of a real-estate deal, such as title, inspection, lending, and
escrow, and locating the correct individual in each sector with whom to
work. Meanwhile, Prudential California Realty provides realtors with a
16-day free course for new agents, with its message being that Realtors are
going to work harder for business and that the more information they
possess, the more competitive they will be. The courses last four weeks
and run from 1 p.m. to 5:30 p.m., four days per week. Students study every
line of contracts, talk about strategies of working with others, and
discuss additional elements of the real-estate deal. Almost all of
Prudential California's more than 2,000 agents have enrolled in the firm's
training classes.
"'Splitter' Market Gets
Sophisticated Pitch"
Sarasota Herald-Tribune (FL) (12/11/06) ; Frater, Stephen
WCI Communities and the Florida Chamber of Commerce have joined forces
to create an eye-catching marketing tool to promote the concept of owning a
second home in the state. The marketing tool, called "Splitting to
Paradise--Your Guide to Owning a Second Home in Florida," is made up of
several elements, including a colorful and tongue-in-cheek 35-page printed
brochure, a musical CD, and a Web site. The brochure notes that
splitting--owning at least two homes and splitting time between them for
recreation, to connect with family and friends or to achieve a better
work-life balance--was once reserved for people whose last names were
"Vanderbilt, Rockefeller, or Kennedy." But according to the National
Association of Realtors, there will be more than 11 million second homes in
the country by 2009.
"Network Helps Realtors
Stay Current"
Arizona Republic (12/15/06) P. 14 ; Halpern, Maura J.
Back in September, Debbie Cox, a realtor at Realty Experts Inc. in
Surprise, Ariz., started the North West Valley Realtor Network as an
education and marketing tool to deal with real estate issues in the
Northwest Valley. Every other week, 20 Realtors from 12 Valley brokerages
meet to discuss topics such as land and home listings, market trends, and
new developments. According to Cox, the network is one of a few that does
not just send out e-mails about property listings. "We're committed to
helping teach new Realtors the ropes and enhance our marketing strategies
to better serve our clients' needs," she said. In addition, the network
holds events twice a month to help the public learn about homes, land and
recent projects in the Valley. The events feature speakers such as well
drillers, lenders, attorneys, and surveyors who help the network's members
provide the latest information to their clients.
"HER Realtors Turning
Agents Loose to Operate Satellite Office Network"
Columbus Business First (12/04/06) ; Ball, Brian R.
Leading agents at HER Real Living Realtors have started trying out
satellite offices in Central Ohio to provide them with additional space as
they grow their businesses. The regional operating unit of the Real Living
brokerage network oversees 11 agent-run offices in the region, a figure
that could surpass its 20 firm-operated offices in the area by late next
year. HER President Bill Evans explained that the idea of agents working
from their own offices is founded in the office that agent Carolyn Petree
has served in for seven years at the Waterford Tower condominiums in
Columbus. Evans noted that agent Susan Wainfor launched the initial
official satellite office around 18 months ago in Hilliard. "This allows
us to focus on our current [branch] locations and still enter what we'd
call niches that would benefit from exposure but would not necessarily be
the most profitable," Evans stated. HER has established economic criteria
for teams trying to set up satellite offices, although executives would not
discuss them. In addition, the agents get a larger percentage of
commissions since they now must pay for their own rental space, phone
network, and additional costs. They also continue to pay a fee, set up
similarly to the official franchise model utilized by Real Living in other
sectors, to finance marketing materials and additional professional
associated services.
"How to Keep Visitors
From Leaving Your Site"
SmartBiz.com (12/11/06) ; Kollegian, Les
Web surfers will scan a site for just seconds before deciding whether to
move on, so small businesses would be wise to use short product and service
descriptions to quickly get their attention. Experts underscore that the
site's visual layout is more important than having a site introduction, as
visitors often get annoyed by having to perform numerous clicks to get to
the home page. When figuring out how to organize pages and information,
small businesses should consider the priorities of prospective customers
and try to design the site from their point of view. Experts suggest that
they stick to "the rule of Five," restricting the site to five main points
of navigation to enhance usability. Flash technology must serve a purpose,
ensuring that movement is designed to attract users' attention and allow
them to click to another page with important information. Additionally,
experts recommend hiring a professional copywriter so that content is
focused and brief. Content, coupled with interactivity, is more important
than graphics in getting users to make return visits to the site. Relevant
content, keywords, meta tags, and cross-linking agreements are just some of
the strategies companies can employ to move to the top of the search-engine
results.
"A Few Tips for Keeping
Your Laptop Safe"
Enterprise Security Today (11/21/06)
Symantec reports that 97 percent of stolen laptops are never found, and
thieves make off with the financial records, documents, digital photos, and
passwords stored on the machines. Peter Firstbrook of Gartner Research
underscores the importance of encryption to make information inaccessible
to unauthorized users and backup to ensure that information is not lost
forever. Businesses might also want to consider fingerprint readers and
other biometric security tools, GPS tracking services, and physical locks
comprised of steel cables. Experts urge mobile workers to exercise caution
when using public wireless hot spots, as they might unknowingly be giving
confidential information--such as credit-card numbers--to hackers stationed
nearby.
"Let Your Documents
Fly"
Small Business Computing (12/07/06) ; Simonds, Lauren
Small businesses have access to a fax server and mail house through
FlyDoc, an online service from Madison, Wis.-based Esker. With FlyDoc,
users can send faxes, postal mail, and email within such applications as
Microsoft Word by clicking on the Print-to-FlyDoc icon or by going to
FlyDoc's Web site. FlyDoc field marketing director Renee Thomas says it
takes only 24 hours for snail-mail documents to go out, versus weeks with
traditional mail houses. FlyDoc can send emails with large PDF
attachments, as well as invoices, contracts, purchase orders, price lists,
and other such documents. Businesses pay just 12 cents per page for faxes
and four cents for each email. As for postage mail, companies must pay 36
cents for the first page, 18 cents for each additional page, and standard
postage fees.
"PayCycle Revs Up
Payroll Processing"
SmallBizResource (12/07/06) ; Grossman, Naomi
PayCycle has developed a Web-based service to simplify payroll functions
for small businesses. PayCycle uses a digital paycheck to pay employees,
and it also files tax forms and provides reports to business owners.
According to Karen White of PayCycle, "It's beyond just moving money. We
tell you how much to move." PayCycle 2007 will feature more online
benefit-tracking tools and a secure Web site that employees can access to
look at and print pay stubs, among other things. The service is suitable
for small businesses with five to 50 employees. White says small
businesses opt for PayCycle to save money and gain more control over the
payroll process, as the employer's taxes are not held until they are due
but released when notified to do so by the employer.
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