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November 7, 2009

RPR Madness! NAR unleashes national property database with Cyberhomes | 1000Watt Consulting

[What follows is my somewhat stream of consciousness take on today's events. This post is a beast. Interested in your thoughts. And please point out where you think I've missed the mark. More will follow.]

The NAR has taken over certain technology assets of Cyberhomes from LPS (formerly known as FNRES) in order to bring its RPR (Realtors Property Resource) project, as well as its consumer-facing play, HouseLogic, to market. To do this, they have created Realtors Property Resource, LLC – a wholly owned subsidiary of the NAR.

Certain LPS executives, including Cyberhomes GM Marty Frame, will be making the transition over to NAR/RPR. Frame will serve as the President of the new entity. Dale Ross, who was co-founder of MRIS, the nation’s largest MLS, will be CEO. LPS will also provide call center support and other services as part of the deal.

The RPR database will contain parcel information on nearly 150 million properties through a data license from LPS, which (along with First American) is one of the two major sources of public property data.

This is interesting news, but let’s back up a minute for those of you who have more well rounded lives than I (my fellow online RE junkies can skip down to my take on what this deal means).

Read the rest here.

via 1000wattconsulting.com

 

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October 7, 2009

How to stay out of social media Bizarro World | 1000Watt Consulting

....

But you said this was good shit

Right. It is. All this social media stuff can be really valuable.

But there are caveats – big ones – we put to clients when assessing the viability of social media as a marketing strategy. Sometimes we go for it, sometimes we don’t. And that’s OK. There are other ways to approach the marketplace.

We have not become cynical, just more careful.

Here are a few of those caveats:

  • Writing is a skill you must possess, or hire, to be successful. Writing is hard for most people. It’s hard for me right now as I sit in seat 12C, my mind wandering across the isle, out the window – anywhere but this screen. But good writing is absolutely essential to most social media strategies. If you’re not strong in this area – and plenty of smart people aren’t – don’t shine a spotlight on it.
  • Social media marketing costs just as much or more than “traditional” marketing. You’re going to need to spend a lot more in time and spend your money in different places. On a marketing director with great writing skills, for example. Or a video producer who can do right by you. Social media needs to be treated with the same care that big newspaper ad contract received back in the day if you want results.

  • Don’t believe anyone who says blogs are passé. Just because 95% of agents and an only slightly smaller percentage of brokerage companies lack the skills needed to publish a great blog does not mean they are not still the best way to engage. Can you exposit a complex thought in a Tweet? Can you build trust with a status update? It’s important to understand that there are no shortcuts.
  • It’s from you but not about you. Reality TV may be popular, but no one wants to tune into the show called You. It’s your blog, your Twitter account, your YouTube channel. But just because you own it does not mean it’s a good idea to broadcast the quotidian pitter-patter of your life. No one cares. I’ve felt the temptation to write about something off-topic here from time to time, just because I can. But I always think better of it. No one wants to hear about how I spend my weekends, my workout regimen, or my thinking about how John Gosselin should be getting his shit together. Writing for a reader is harder than writing about yourself. But remember, this isn’t supposed to be easy.
  • You must be willing to make yourself uncomfortable. Who am I going to piss off? Is that reference too weird? I have a twinge of fear every time I hit “publish.” But I do it anyway. If you don’t push yourself to share things others can’t or won’t, or say what they will say in a distinctive way, you’re probably wasting your time. Explore the taboo. Embrace controversy. Open yourself to criticism. Safe loses every time.

Now if you’ll excuse me, I’m going to put on my favorite Andy Williams sweater and go unleash some whoop-ass on Steve Austin.

via 1000wattconsulting.com
See the videos and entire article here.

 

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