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Opinion Editorials

Finding Your Voice, Socially – Go Public

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The Pioneering Trail may be a Dead EndI’m beyond the point of return in the social media arena.  I mean, wth?  I’m a social introvert unless I am in front of clients.  Give me a television, a great college football game and I’ll give you the keys to all the open houses you care to lounge in.  Sincerely, I don’t really care to talk to masses when my brain throbs from the numerals floating around in my head- as I said today, my eyeball hurts.  I no longer see stars, I see numbers- stop computing!

There is no way an agent can be in every place every day, to sell every client, so it stands to reason that creating ways for business to come to you is the answer.  That answer is the royal flush we hope for with each new username/password we create and honestly, it just doesn’t come in the first or 30th hand.  We’re ahead of our time in many respects, those of us who venture to join these new online cliques, we’re pioneers

But pioneers when settling new lands had to plow fields, build buildings, homes, create irrigation methods, dig outhouse holes and more to establish their neighborhoods and online social networking isn’t much different– winters were cold on the plains of the new lands, and these new online lands are roughly the same.

My advice to any agent planning to pioneer their own online town is to pack lots of food, brings lots of socks for the long cold winters, and a soft chair for the hours of waiting for your online town to be found by the wouldbe fellow passing through. 

Consumers really don’t get it yet.  They pass through blogs and wonder wtf!?  They search for homes in google and some result comes back 3rd or 4th with a random quote from someone they’ve never heard of- a fragment of a conversation picked up by a search engine spider– the result is the ultimate frustration of walking into the middle of a conversation that has really no meaning to their search at all because you’re 500 miles away.

Some techie selling a product (with the hopes of going IPO or being bought out by a tech giant, or scoring VC funds to hit their lottery dreams) said their way was the road to everywhere, and we bought it, hook line and sinker.  Those same techies have agents jumping through social hoops all over the internet trying to answer the so called call the consumer hasn’t even made yet- fine, you do that, while I write this contract with a buyer that came from the phonebook you call so archaic.  You type on twitter while I dine at the Saltlick with investors from California.  Seriously, you sit there while I farm your neighborhood and fill the void you left when you stopped sending mailers.

Maybe the housing slump wasn’t caused by subprime and credit woes, maybe it slumped because all of the agents went out west to settle baron waste lands.  Or, maybe you’ve been so busy taking your eye off the ball to follow covered wagons you’ve let your own business slump.

The answer is really simple.  Pick one or two social arenas that you enjoy, continue the marketing you know has brought you success, treat your blog like a client or better, and most certainly, continue the things that work.  You can do both the settling of new lands, and continue to maintain the business you’ve already built- and most certainly keep your eye on the consumer, and not the shiny beta badge.

As much as I like Zillow, and Trulia, and see consumers gathering in those places, I see more opportunities in a shopping mall to make one on one impressions with real people, real buyers that do not need to be convinced.  I see more opportunities in Church that know me, that want to work with me given the opportunity, and what about the PTA, the Men’s Club, Happy Hour at the local pub- the last time I checked all of these places were full of real people, real business opportunities in networking. 

My most recent client came to me by accident when I rented a car here in town.  Last year, he drove me home 5 minutes from the car rental place and we chit chatted about real estate.  Last week he called me, today we wrote the contract, soon we’ll close.

The quality time invested in these types of social arenas has real value, and the last time I checked, these people talked to you about real estate to grow knowledge, not steal it. 

All I’m saying is you do not have to take the word of a techie and throw all of your business into the wind. But whatever you do, make sure you do it really well- or you may find yourself living in a wagon.

Benn Rosales is the Founder and CEO of The American Genius (AG), national news network for tech and entrepreneurs, proudly celebrating 10 years in publishing, recently ranked as the #5 startup in Austin. Before founding AG, he founded one of the first digital media strategy firms in the nation and also acquired several other firms. His resume prior includes roles at Apple and Kroger Foods, specializing in marketing, communications, and technology integration. He is a recipient of the Statesman Texas Social Media Award and is an Inman Innovator Award winner. He has consulted for numerous startups (both early- and late-stage), has built partnerships and bridges between tech recruiters and the best tech talent in the industry, and is well known for organizing the digital community through popular monthly networking events. Benn does not venture into the spotlight often, rather believes his biggest accomplishments are the talent he recruits, develops, and gives all credit to those he's empowered.

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17 Comments

17 Comments

  1. Mariana

    January 15, 2008 at 11:31 pm

    Well said, Benn. The internet is a TOOL – a town bonfire (of sorts) to let people know where you are, but you are right… Physically engaging people in “real life” puts the REAL in Real Estate and is really where it is at.

  2. Brad Coy

    January 16, 2008 at 12:06 am

    Thanks Benn. There is some real solid advice here. I’m curious, do you know of many agents spending time “pioneering” and taking their eye off the ball only to lose business as a result of it? Or is this speculative?

  3. Vicki Moore

    January 16, 2008 at 12:32 am

    Thanks for the reminder. I do get caught up in the latest thinga-ma-gigy. My plan for this year is quite different than last. I hope the results are too. But it includes much of what you discuss in your post.

  4. Charleston real estate blog

    January 16, 2008 at 7:36 am

    Well said Benn, thanks for the reminder of the basics that got us to here.

  5. Kate Morris

    January 16, 2008 at 9:44 am

    I have to agree 100%. As an internet marketer by trade, I see so many pushes to get into the “social market” like it’s the answer to everyone’s woes. But on the internet, there is no one answer.

    You website is one big brochure. People don’t buy and sell houses through brochures, never have. It’s the relationship that is key. It’s nice to see that other people are seeing this. The internet and social marketing are tools just like everything else.

    Well spoken.

  6. Benn Rosales

    January 16, 2008 at 10:02 am

    Brad, great to see you commenting. There are two schools of thought in the marketing world to date.

    If you agree with Athol’s post (the first two paragraphs) here which is the 2.0 school of thought then yes, there is data to support that it (1.0 marketing) does still work. So, if the standard approach to marketing still does work in many many ways and you leave it for something that might work into the future then yes, there is proof that people may be losing business in the time they’re focusing online.

    There are way to many articles around the net that basically say “why am I bothering” to blog, or do social networking because nothing has come of it. The truth is, I have evidence that 2.0 marketing does work and is effective by my own experience, but the reality is, if I’ve gotten a closed lead from a phone book in the last 100 days then and a closed lead from a post mailer and a lead from the the street also within the last 100 days then it stands to reason that if you’ve removed your focus from standard marketing/cut your mailers out, cut out your phone calls, cut out your door knocking then yes, someone will fill that void and take that business- because it does still work.

    Now, I do not need to load my article with clicks to support my theory because the theory is a common theme in the blogiverse- my post is a generalization of the event of leaving one thing for another without pause because a techie said so. Real estate comes with 100 years of proven methods, hence the reason it is so easy to dive into the business. I believe that in the past year many have abandonded proven principals and begun to say they’re old and do not work without any documentation whatsoever. I am just adding in a tad bit of common sense to the mix that the truth lies mostly in the middle of both schools.

  7. Chris Lengquist

    January 16, 2008 at 9:47 pm

    Benn, why would anyone ignore established business for speculative business. Oh, never mind. I don’t want to hear the answer.

    I love blogging and blogging has been very, very good to me. It is a great lead tool, retention tool, stress relief tool and social networking tool. But it doesn’t sell my houses for me. That’s still up to me.

    The blog also gives me something to do during the timeouts of my basketball games. 🙂

  8. Brad Coy

    January 17, 2008 at 12:41 am

    Benn,

    Thanks again for elaborating. This is very much a topic that’s ripe for the pickin’. I get what you’re saying, it’s just in my company I’m usually on the the new school side of the discussion. A balance is what I personally try to strike for myself as well while remaining cautiously optimistic of the bigger picture in online social communities. As it was a couple of years ago with blogging, I think it’s far too soon to be real negative about the possibilities of using certain tools given your niche and market.

  9. Benn Rosales

    January 17, 2008 at 1:55 am

    Well, Brad, check out the west today and you get where I’m going with my analogy… Why not look both east and west when looking at that big picture- balance is the key.

  10. Brad Coy

    January 17, 2008 at 2:31 am

    I understand your analogy clearly. Again, thanks for your sharing.

  11. Chris Lengquist

    January 17, 2008 at 10:19 am

    What about the southwestern northern end of the east? 🙂

  12. Benn Rosales

    January 17, 2008 at 11:01 am

    well, hrm… ha

  13. ines

    January 20, 2008 at 6:05 pm

    OK – I’m late to the party and I’m glad I read so many agreeing with you but here’s another take.
    I do agree to continue doing what works – but I can also tell you that Rick and I have had to change our whole marketing approach because things that worked were no longer working and it felt that we were throwing our money into the wind. From local chamber mailers to Church Bulletins – after thousands of dollars and not one call……we had to rethink.

    Going back to the basics is key, but experimenting with new technology and other methods is crucial.

  14. Ruthmarie Hicks

    March 2, 2009 at 8:16 pm

    I think that this issue is area specific. You have to look at what’s working and what’s not. I spent a ton of money on mailers and got zilch. People were papering their walls with agent postcards and mailers – so I shouldn’t have been surprised.

    I rethought the cards – and did everything the WRONG way and got results. I knew the following:

    1. Most prospects could paper their homes with the number of real estate related mailers they were getting.
    2. In NY people open their mail standing over the shredder.

    So I hired an artist and used my “husky theme.” People know my white Siberian Huskies. So I had cartoons drawn with them helping me sell homes. ($$$) Due to the expense – I sent them 5-6 times a year. QUALITY over QUANTITY. To make it cost-effective I sent them to a much wider area than a usual farm.

    One of my standards for whether I think something will work is this: I did a Ph.D. a few years ago. During the last 2 years my average day was 15 hours – 7 days a week. I was walking around like a zombie for two years noticing NOTHING! When I look at any marketing plan – I ask if it is different enough to have caught my attention in that sleep-deprived semi-comatose state. If the answer is “yes” its probably worth the money.

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Opinion Editorials

Facebook fights falsehoods (it’s a false flag)

(EDITORIAL) Facebook has chosen Reuters to monitor its site for false information, but what can one company really do, and why would Facebook only pick one?

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Reuters checks facebook

So Facebook has finally taken a step to making sure fake news doesn’t get spread on it’s platform. Like many a decision from them though, they haven’t been thorough with their venture.

I am a scientifically driven person, I want facts, figures, and evidence to determine what is reality. Technology is a double edged sword in this arena; sure having a camera on every device any person can hold makes it easy to film events, but deepfakes have made even video more questionable.

Many social media platforms have tried to ban deepfakes but others have actually encouraged it. “I’ll believe it when I see it” was the rally cry for the skeptical, but now it doesn’t mean anything. Altering video in realistic ways has destroyed the credibility of the medium, we have to question even what we see with our eyes.

The expansion of the internet has created a tighter communication net for all of humanity to share, but when specific groups want to sway everyone else there isn’t a lot stopping them if they shout louder than the rest.

With the use of bots, and knowing the specifics of a group you want to sway, it’s easy to spread a lie as truth. Considering how much information is known about almost any user on any social media platform, it’s easy to pick targets that don’t question what they see online.

Facebook has been the worst offender in knowing consumer data and what they do with that data. Even if you never post anything political, they know what your affiliation is. If you want to delete that information, it’s hidden in advertising customization.

Part of me is thrilled that Facebook has decided to try and stand against this spread of misinformation, but how they pursued this goal is anything but complete and foolproof.

Reuters is the news organization that Facebook has chosen to fact check the massive amount of posts, photos, and videos that show up on their platform everyday. It makes sense to grab a news organization to verify facts compared to “alternative facts”.

A big problem I have with this is that Reuters is a company, companies exist to make money. Lies sell better than truths. Ask 2007 banks how well lies sell, ask Enron how that business plan worked out, ask the actors from Game of Thrones about that last season.

Since Reuters is a company, some other bigger company could come along, buy them, and change everything, or put in people who let things slide. Even Captain America recognizes this process. “It’s run by people with agendas, and agendas change.” This could either begin pushing falsehoods into Facebook, or destroy Reuters credibility, and bite Facebook in the ass.

If some large group wants to spread misinformation, but can’t do it themselves, why wouldn’t they go after the number one place that people share information?

I really question if Reuters can handle the amount of information flowing through Facebook, remember almost a 3rd of the whole world uses Facebook. 2.45 Billion people will be checked by 25,800 employees at Reuters? I can appreciate their effort, but they will fail.

Why did Facebook only tag one company to handle this monumental task? If you know that many people are using your platform, and such a limited number of people work for the company you tasked with guarding the users, why wouldn’t you tag a dozen companies to tackle that nigh insurmountable number of users?

I think it’s because Facebook just needs that first headline “Facebook fights falsehoods”. That one line gets spread around but the rest of the story is ignored, or not thought about at all. If there is anything Facebook has learned about the spread of fake information on their platform, it’s how to spread it better.

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Opinion Editorials

Will shopping for that luxury item actually lower your quality of life?

(EDITORIAL) Want to buy yourself a pick-me-up? Have you thought of all the ramifications of that purchase? Try to avoid splurging on it.

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shopping bags

In an era of “treat-yo-self,” the urge to splurge is real. It doesn’t help that shopping – or what ends up being closer to impulse shopping – provides us with a hit of dopamine and a fleeting sense of control. Whether your life feels like it’s going downhill or you’ve just had a bad day, buying something you want (or think you want) can seem like an easy fix.

Unfortunately, it might not be so great when it comes to long-term happiness.

As you might have already guessed, purchasing new goods doesn’t fall in line with the minimalism trend that’s been sweeping the globe. Being saddled with a bunch of stuff you don’t need (and don’t even like!) is sure to make your mood dip, especially if the clutter makes it harder to concentrate. Plus, if you’ve got a real spending problem, the ache in your wallet is sure to manifest.

If that seems depressing, I’ve got even more bad news. Researchers at Harvard and Boston College have found yet another way spending can make us more unhappy in the long run: imposter syndrome. It’s that feeling you get when it seems like you’re not as good as your peers and they just haven’t caught on yet. This insecurity often arises in competitive careers, academics and, apparently, shopping.

Now, there’s one big caveat to this idea that purchasing goods will make you feel inferior: it really only applies to luxury goods. I’m talking about things like a Louis Vuitton purse, a top of the line Mercedes Benz, a cast iron skillet from Williams Sonoma (or is that one just me?). The point is, the study found that about 67% of people – regardless of their income – believed their purchase was inauthentic to their “true self.”

And this imposter syndrome even existed when the luxury items were bought on sale.

Does this mean you should avoid making a nice purchase you’ve been saving up for? Not necessarily. One researcher at Cambridge found that people were more likely to report happiness for purchases that fit their personalities. Basically, a die-hard golfer is going to enjoy a new club more than someone who bought the same golf club to try to keep up with their co-workers.

Moral of the story: maybe don’t impulse buy a fancy new Apple watch. Waiting to see if it’s something you really want can save your budget…and your overall happiness.

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Opinion Editorials

How to ask your manager for better work equipment

(EDITORIAL) Old computer got you down? Does it make your job harder? Here’s how to make a case to your manager for new equipment without budget worries.

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better equipment, better work

Aside from bringing the boss coffee and donuts for a month before asking, what is an employee to do when the work equipment bites.

Let’s be frank, working on old, crappy computers with inefficient applications can make the easiest tasks a chore. Yet, what do you do? You know you need better equipment to do your job efficiently, but how to ask the boss without looking like a whiner who wants to blow the department budget.

In her “Ask A Manager” column, Alison Green says an employee should ask for better equipment if it is needed. For example, the employee in her column has to attend meetings, but has no laptop and has to take a ton of notes and then transcribe them. Green says, it’s important to make the case for the benefits of having newer or updated equipment.

The key is showing a ROI. If you know a specific computer would be a decent upgrade, give your supervisor the specific model and cost, along with the expected outcomes. In addition, it may be worth talking to someone from the IT department to see what options might be available – if you’re in a larger company.

IT professionals who commented on Green’s column made a few suggestions. Often because organizations have contracts with specific computer companies or suppliers, talking with IT about what is needed to get the job done and what options are available might make it easier to ask a manager, by saying, “I need a new computer and IT says there are a few options. Here are my three preferences.” A boss is more likely to be receptive and discuss options.

If the budget doesn’t allow for brand new equipment, there might be the option to upgrade the RAM, for example. In a “Workplace” discussion on StackExchange.com an employee explained the boss thinks if you keep a computer clean – no added applications – and maintained it will perform for years. Respondents said, it’s important to make clear the cost-benefit of purchasing updated equipment. Completing a ROI analysis to show how much more efficiently with the work be done may also be useful. Also, explaining to a boss how much might be saved in repair costs could also help an employee get the point across.

Managers may want to take note because, according to results of a Gallup survey, when employees are asked to meet a goal but not given the necessary equipment, credibility is lost.

Gallup says that workgroups that have the most effectively managed materials and equipment tend to have better customer engagement, higher productivity, better safety records and employees that are less likely to jump ship than their peers.

And, no surprise, if a boss presents equipment and says: “Here’s what you get. Deal with it,” employees are less likely to be engaged and pleased than those employees who have a supervisor who provides some improvements and goes to bat to get better equipment when needed.

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