Don’t let bad photography cause you to lose precious sales commissions.

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Let’s face it, Real Estate Agents are extremely busy people. They sacrifice a lot of their lives away from their families just to be in the business. With the blackberry or iphone constantly ringing off the hook, emails, house showings, and client meetings, a career in real estate is a pretty hectic job. So what about one of the most important features of showcasing the “product”? Does the quality of real estate photography often get neglected? From what I’ve personally seen on a local level, I think it does. I’ve searched hundreds and thousands of real estate listings over the past several years, and the majority look pretty scary. Sure, these are tiny thumbnails sized images most of the time, but even those have drastic room for improvement. The majority of home buyers are browsing these online websites first, so you need to make sure you make a good impression.

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Here are some quick tips you might be able to use as a Realtor in order to improve the quality of your photos in your online listings (no matter what camera you have).

1. Don’t shoot the exterior mid-day when the sun is highest in the sky. Early morning or later in the afternoon is much more visually pleasing. Save mid-day for shooting the interior, so that the light is more even.

2. Keep the sun to your back. Yeah, we’ve all heard this one… it’s a rule that is meant to be broken. But when it comes to shooting houses it’s a pretty good one to stick by. The sun rises in the East, and sets in the West, so figure out which direction the front of the home is facing before you plan your shoot.

3. Take a look up at the sky. Is it overcast? Unless you’re a photoshop whiz you might want to wait until the weather gives you a nice blue sky, even if it is partly cloudy. Anything is better than looking at a hideous blown out white or “doom and gloom” dark sky. A bright overcast day is excellent if you’re taking features of the building where the sky isn’t showing. It will give you shadows that are less harsh, and a nice diffused style of light.

4. Stop down your lens and place your camera on a tripod. If you have some sort of manual control like Av mode, set your f-stop (aperture) to the highest number possible. Make sure you use a tripod, otherwise the shutter speed will be way too slow, causing blur from camera shake. There are full height basic tripods at the local department stores priced as low as $10. If you have one – landscape mode might also allow your camera to get the smallest aperture possible, allowing for the largest depth of field while shooting handheld. This will ensure that you get the most of the home and property in focus (not just one or the other).

5. Try to remove distracting elements beforehand. Does the homeowner have their kids toys laying all over the front yard? This is just common sense.

6. Keep your listings updated! We’ve established that you’re busy, but if you have a listing that still has snow in the yard when it’s June… I mean come on, do I really need to even explain?

7. Make sure you show enough images, but not too many. You want to leave a little to the imagination while featuring the property’s best features or highlights. 8-12 images is a good number. It’s enough to give a nice overview, but not enough to cause the potential buyer to neglect wanting to check it out in person.

8. Don’t forget to capture the home along with part of its surroundings. Step back… possibly even further than you normally would. Capture the home from across the street, or even further if you think it would help a potential buyer envision its situation or property size. This just may help your property stand out from the crowd in the sea of listings.

All of the above tips will work for commercial or industrial properties as well. With lots of practice and learning your camera, you’re going to figure out what works the best for you. If it’s not working out as well for you, maybe photography just isn’t your cup of tea. You can always consider getting some help from a professional. Higher end listings might be worth the extra cost of hiring a professional, while most mid-range priced houses won’t.

Article Source: www.arenacreative.com

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7 Important Ways for Real Estate Agents to get Started with Internet Marketing of Their Business

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Nearly everything below is free or very affordable, however you must be willing to invest the time for setup and a certain amount of time every day to work your plan. If you’re not willing to do that, then hire someone to set you up and assist you to get started or don’t do it at all. This is by no means an overnight success for getting found online.

1. Have a Blog that is geared toward your real estate marketplace, community and real estate laws and home-ownership.
  • Write to your audience with good, interesting content
  • Use good keywords that relate to your business and community
  • Include links to resources, sites, and points of interest & a photo on each Blog post
  • Use widgets for email sign-up, RSS, older posts, and links
  • Use key Plugins and Widgets for Social, Optimization, and other time saving goodies

2. Use a second Blog platform (Amplify or Posterous) to share interesting business and real estate events from Inman, REALTOR.org, etc.
  • Share your posts on Facebook, LinkedIn, and Twitter
  • Bookmark your Blog posts and others in categories to share
  • Use Add This Button for sharing on Delicious, Digg, StumbleUpon and others

3. Google Tools
  • Google Profile: Make it complete with links to all your other sites, Blogs, and Social media profiles.
  • Google Reader: Wonderful for research, staying abreast of industry news, innovations, and community. My favorites include Mashable, Inman, RISMedia.
  • Google Alerts: Setup Google Alerts on yourself, your company, your competition, your community and real estate in general. This will alert you on timely matters and news.
  • Merchant Center/Googlebase: Excellent place to promote and advertise your business, featured listings, coupons for free market evaluations, etc.

4. Use Facebook
  • Profile: Use a photo, complete your profile with keywords that will relate to you, your business, and interests. Brand your page with your name. Example: www.facebook.com/chadprull.realtor. This is better than having all those numbers connected to your address.
  • Business Page: You can get this page branded and customized to match your website or Blog (Fee involved) or use some of the applications included with Facebook.
  • Focus on Community: Places to see, things to do, events, festivals, meetings, points of interest, and other relevant facts.
  • Use RSS and share Blog posts to your business page.
  • Have a Tab set up to your LinkedIn, Videos, Business Page
  • Marketplace: Another avenue for promoting and advertising your listings and services.

5. Use LinkedIn
  • Make sure your profile is complete.
  • Participate in the Questions and Answers section.
  • Applications: Forward Twitter streams to your LinkedIn, setup your Blog to RSS into LinkedIn, post your recommended books.
  • Build your recommendations up to 12 plus from key local community business people and centers of influence.
  • Complete a Resume for your LinkedIn geared toward real estate. Remember you wake up unemployed every day. Your resume should highlight your career successes, education, and accomplishments.

6. Use YouTube
  • Set up a Profile and YouTube Channel for your Business.
  • Use YouTube to do quick real estate market updates for your community, discuss community events, grand openings, and other items of interest that can be shared. Keep these videos to under 2 minutes.
  • Share your updated videos on Facebook, LinkedIn and Twitter.
  • Upload appropriate videos to your Blog.

7. Use Twitter

  • This Profile can only be 140 characters or less, so focus on your community, real estate, homes, services, and a link to your website or blog.
  • A Photo or Avatar is a must. Example: twitter.com/TheRehabAgent
  • Share, Thank, compliment often (3 to 1 rule).
  • Re-Tweet others Tweets that are interesting and informative.
  • Don’t sell – provide links to further information.
This may appear to be basic, however most real estate agents have not yet designed a plan to make sure they are being found online. Some real estate agents have good intentions, set up a few sites and forget about them. This is worse than not having any profiles at all.

The guidelines above can be expanded over time; however, it’s just a plan to get you started in the right direction. Remember that your goal is to drive traffic to your listings, your services, and develop relationships that will result into a face-to-face contact. This is still a “people business.”


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Ensure Your Listing is the One that Stands Out!

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Nearly 90% of potential home buyers begin their search online. Buyers want as much information online as you can possibly give them and they don’t want to pay for it nor be required to register for it. By offering floor plans of your listings online, you are adding ammunition to your arsenal of information for buyers.

Here's another interesting statistic for you, according to Rightmove, a leading magazine for real estate agents in the UK, properties marketed with a floor plan generate a whopping 30% more interest than properties without one. Reasons to use floor plans really don’t get any clearer than that!

Set yourself apart from the competition. Here are a few programs to try out and create floor plans for your property listings:

1.- Floorplanner.com
With this program, you enter the dimensions and create the 2-D, 3-D and interactive floor plans yourself using the online tools. Add your logo and print in hi-res for print marketing pieces. The interactive floor planner offers a huge library of textures, fencing, and furniture. Pricing starts at $29/month and you can try the service by creating your first floor plan for free.

2.- Diakrit.com
Diakrit is an online tool where you upload a sketch of your floor plan and Diakrit’s designers create 2-D, 3-D, 3-D Special (with light and shadows), furnished or unfurnished renderings per your request. Turn-around time is next business day. Prices start at $19.95 per floor plan.

3.- Sweethome3D.com
A free, open source program that you download and save to your computer. The user then enters the dimensions of the home and can then view 2-D and 3-D versions of their floor plan. A limited library is available for furniture placement.

4.- Gliffy.com
Gliffy is a free online diagram software where you can create floor plans as well as flow charts and technical drawings. It also features a “share” tool where you can invite friends to view your creation or blog about it. Gliffy can also be added to your Google Apps. Basic accounts are free for up to 5 floor plans and premium accounts start at $5/month.

5.- Floorplanonline.com
This program gives you the option of self-service or full-service floor plan creation. You can choose to sketch the floor plan and take your own pictures, or have someone come out and do it for you, or a combination of both. You can link your creation to Realtor.com and/or other sites. Prices start at $59 for a self-service floor plan and $179 for full-service.

With so much competition out there, savvy marketing is crucial. If you are already using any floor-plan technology tool, let us know your thoughts.


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Mortgage rate up to 4.35 percent

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Mortgage buyer Freddie Mac says the average rate for a 30-year fixed loan was 4.35 percent, up from 4.32 percent the week before. It was only the second rise in the past 12 weeks. Last week's was the lowest number since Freddie Mac began tracking rates in 1971.

The average rate on a 15-year fixed loan remained at 3.83 percent after falling last week. It's still the lowest rate on records starting in 1991.

Mortgage rates moved higher following a series of more upbeat economic readings prior to Labor Day. The August jobs report wasn't stellar, but it wasn't as dour as expected, and this was a catalyst for investors to move into riskier assets. In doing so, investors sold safe-haven Treasury securities, to which mortgage rates are closely related. The path of mortgage rates will be determined largely by investors' sentiment about whether the economy is getting better or worse, and will continue to yo-yo up and down amid conflicting economic readings.

The last time mortgage rates were above 6 percent was Nov. 2008. At that time, the average rate was 6.33 percent, meaning a $200,000 loan would have carried a monthly payment of $1,241.86. With the average rate now 4.58 percent, the monthly payment for the same size loan would be $1,022.90, a savings of almost $219 per month for a homeowner refinancing now.

Don't get left behind, if your ready to purchase a home, get your mortgage as soon as possible.

Article Source: AZCentral & Bankrate


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Gov't launches plan to help ''underwater'' borrowers

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The Obama administration is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners who owe more on their properties than their homes are worth.

The Federal Housing Administration will allow lenders to give these borrowers refinanced loans if the lender agrees to forgive at least 10 percent of the original mortgage amount.

The plan, which was announced in March, is being made available starting Tuesday.

The FHA said in a document published last month that between 500,000 and 1.5 million homeowners are projected to be helped.

However, the Obama administration's previous efforts to stem foreclosures have fallen far short of expectations. Analysts at Barclays Capital estimated last month that the refinancing program would only aid between 200,000 and 300,000 homeowners.



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U.S. 30-Year Mortgage Rate Declines to Record 4.32%

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U.S. mortgage rates dropped to a record low once again, reducing borrowing costs for homebuyers as demand slumps.

The average rate for a 30-year fixed mortgage fell to 4.32 percent in the week ended today from 4.36 percent, Freddie Mac said in a statement today. That was the lowest since the McLean, Virginia-based company began compiling the data in 1971. The average 15-year rate was 3.83 percent, also a record.

Low home-loan rates have yet to boost home sales, depressed by unemployment and the end of a federal homebuyer tax credit. Sales of new and previously owned homes fell to the lowest level on record in July, according to reports last week from the Commerce Department and National Association of Realtors.

The number of contracts to purchase previously owned houses unexpectedly rose in July, a sign the market may be starting to stabilize. The index of pending home resales rose 5.2 percent after a revised 2.8 percent drop the prior month, figures from the National Association of Realtors showed today in Washington.

The decline in rates has spurred a surge of refinancing as Americans seek to reduce payments. The Mortgage Bankers Association’s index of refinancing rose 2.8 percent in the week ended Aug. 27 to the highest level since May 2009.

If you have any questions regarding the possibility of refinancing your home or applying for a new mortgage loan, please feel free to contact me. Now is the perfect time to buy a home!

Picture & Article From: Bloomberg


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2 New Federal Programs to Help Borrowers Pay Their Mortgages

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The Obama administration plans to take two new steps in the next few weeks to help struggling homeowners pay their mortgages, said Shaun Donovan, the secretary of Housing and Urban Development.

The administration will begin a Federal Housing Administration refinancing effort to help borrowers who are struggling to pay their home mortgages, and will start an emergency homeowners’ loan program for unemployed borrowers so they can stay in their homes, Mr. Donovan said on “State of the Union” on CNN. “We are going to continue to make sure folks have access to home ownership,” he said.


Sales of new homes unexpectedly dropped in July to the lowest level on record, signaling that even with cheaper prices and reduced borrowing costs the housing market is retreating. And sales of existing houses declined by a record 27 percent in July as the effects of a government tax credit waned. Reasons why the administration is taking these additional steps to make sure the market stabilizes and recovers.

Read more: N.Y. Times



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