12:11:50 | 2012-04-26
(MARKETING) — Twitter’s the most talked about, still misunderstood, business tool going these days. It is indeed a great tool to create connections, promote your real estate business and generate traffic to your personal real estate web site, but there’s much more to it for real estate business if you dig a bit.
Monitor your real estate connections and personal brand
Well, this one’s not earth shattering, but still not everyone gets this. Using the search function built into twitter you can easily monitor every mention of your personal brand, new properties and fellow brokers. Staying on top of mentions, good and bad, is essential in the social web world. Of course, this is also a great way to monitor your competitors and some of the challenges they may be experiencing.
Narrow tweet for leads
By employing the advanced search functionality of twitter each of your sales people can mine the twitter stream for specific phrases (network down again, anyone know a good . . .) in very targeted geographic boundaries (within 50 miles of NYC) and effectively create a list of potential leads.
Lots of folks jump on twitter with the intent of connecting with potential referral sources, but the most effective networkers know that the best way to generate referrals is to give them. Twitter is not different in that regard. Learn to search and listen on twitter with an ear and eye on referring others when people ask and you’ll find that this public display of helpfulness can pay richly karmic and otherwise.
Serve your potential buyers
As twitter becomes part of the every day business life it makes a great platform to help your potential buyers get answers.
In addition, the public display of your organization’s cheerful customer service acts as a measure of proof that you deliver as promised in your marketing materials.
Test your harebrain ideas
Because twitter is simple and built for quick responses, feedback for your ideas is abundant and immediate. While you might not choose to rely on a tool like this to help you make major business strategy decisions, it can be very helpful for shaking out an idea, getting feedback on just listed properties, or testing marketing initiatives.
Of course it’s also a great place to ask a quick technical question, get real estate advice from colleagues, or tips for a city you’ve never visited.
Gain insight into your buyer’s lives
Any broker worth a lick will tell you that the more you know about a possible renters or buyers the better the chance you can connect and help them get more of what they want.
Your customers and prospects are going online everyday and offering real time glimpses into their everyday business and personal lives. Using twitter, not to stalk, but to gain insight into the lives of your customers is just plain smart business.
Stream to your team
If your entire team doesn’t have the time or need to read the 100 blogs and websites that you find yourself reading everyday, then set-up an account or select hashtag and use it as a way to bookmark the stuff you want your entire team to take note of.
Hire it done
Need a logo for your personal team, web design, or listing copywriter. Twitter has evolved into a great way to find good suppliers, vendors, and partners ready to go to work today. As with any search for a business relationship a bit of caution is in order, but this is true with someone introduced to you at the Chamber meeting. I think you can learn more about a potential vendor through tweet streams and others on twitter than you might in other platforms.
Live open house coverage
Twitter makes a great tool for creating live coverage of an event or product launch. With the proper use of the hashtag and search functions you can keep attendees and non-attendees alike in the loop.
People can attend different sessions and still tune into to what was discussed in another session. The 140 character limit actually helps facilitate snack sized announcements that can lead to greater excitement around an event than any four page press release ever crafted.
Analyze what works
Because of the immediacy of the tweeting environment it makes a great platform to help you understand what messages resonate and create immediate impact and what ones don’t.
When you employ tools like cotweet, hootsuite or objective marketer you can analyze every message, book mark and retweet you make and gain incredible insight on trends, wants, and hot buttons of your target market.