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	<title>Comments on: Marketing Real Estate: How much $ is enough?</title>
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	<link>http://www.business2.com.au/2008/07/marketing-real-estate-how-much-is-enough/</link>
	<description>Real Estate Agent News and Information Technology</description>
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		<title>By: Sal Espro</title>
		<link>http://www.business2.com.au/2008/07/marketing-real-estate-how-much-is-enough/#comment-3913</link>
		<dc:creator>Sal Espro</dc:creator>
		<pubDate>Thu, 17 Jul 2008 04:04:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.business2.com.au/2008/07/04/marketing-real-estate-how-much-is-enough/#comment-3913</guid>
		<description>&lt;strong&gt;Google vs REA &amp; Domain portal&lt;/strong&gt;
Property vendors, buyers &amp; renters will only benefit from Google&#039;s 70+% share of users using it to find property when;
&lt;strong&gt;1.&lt;/strong&gt; agencies demand that their website providers e.g. Hubonline, PortPlus etc etc SEO individual listings so they can be found in searches. i.e. Currently a search for a 3 bedroom home in South Yarra Victoria returns all the REA and Domain (and some individual agency) spam catalogue listing results and none go straight to the individual properties&lt;strong&gt;!!&lt;/strong&gt; Both vendors and buyers want to get to listings more easily, so let&#039;s help them! (And agencies playing this game are just frustrating their clients when they don&#039;t need to!)

&lt;strong&gt;2.&lt;/strong&gt;Google needs to act on all sites that use SEO &#039;spamming&#039; to get higher rankings - Just like they cut-out Meta tag spamming to make their mark on the search engine World. However, now we are now back to the olden days when the sex &amp; real estate sites could spam search results with Meta tags.  Highly ranked results for 3 bedroom homes in South Yarra should link to those home listings &lt;strong&gt;not&lt;/strong&gt; to the endless REA and Domain catalogue listings that users still have to trawl interminably. All that is happening at the moment is that REA &amp; Domain are laughing as they pick-up more ad revenue from Google.
&lt;i&gt;Need any more info from an old timer happy to assist for a small fee? Drop me a line.&lt;/i&gt;&lt;i&gt;
Sal :)&lt;/i&gt;</description>
		<content:encoded><![CDATA[<p><strong>Google vs REA &amp; Domain portal</strong><br />
Property vendors, buyers &amp; renters will only benefit from Google&#8217;s 70+% share of users using it to find property when;<br />
<strong>1.</strong> agencies demand that their website providers e.g. Hubonline, PortPlus etc etc SEO individual listings so they can be found in searches. i.e. Currently a search for a 3 bedroom home in South Yarra Victoria returns all the REA and Domain (and some individual agency) spam catalogue listing results and none go straight to the individual properties<strong>!!</strong> Both vendors and buyers want to get to listings more easily, so let&#8217;s help them! (And agencies playing this game are just frustrating their clients when they don&#8217;t need to!)</p>
<p><strong>2.</strong>Google needs to act on all sites that use SEO &#8216;spamming&#8217; to get higher rankings &#8211; Just like they cut-out Meta tag spamming to make their mark on the search engine World. However, now we are now back to the olden days when the sex &amp; real estate sites could spam search results with Meta tags.  Highly ranked results for 3 bedroom homes in South Yarra should link to those home listings <strong>not</strong> to the endless REA and Domain catalogue listings that users still have to trawl interminably. All that is happening at the moment is that REA &amp; Domain are laughing as they pick-up more ad revenue from Google.<br />
<i>Need any more info from an old timer happy to assist for a small fee? Drop me a line.</i><i><br />
Sal <img src='http://www.business2.com.au/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </i></p>
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		<title>By: Robert Simeon</title>
		<link>http://www.business2.com.au/2008/07/marketing-real-estate-how-much-is-enough/#comment-3912</link>
		<dc:creator>Robert Simeon</dc:creator>
		<pubDate>Thu, 10 Jul 2008 03:11:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.business2.com.au/2008/07/04/marketing-real-estate-how-much-is-enough/#comment-3912</guid>
		<description>A large part of the &quot;furore&quot; (as you put it) was directed to the simple point that REA was charging agents and failing to redirect email enquiries which when delivered were actually well past their use-by date. No doubt many opportunities were lost as a result and the manner in which they handled themselves was a disgrace. Even after saying that they contacted all those whose emails sat on their server I received telephone calls from a few who advised that they had received no such contact from REA.

If you look at the leading real estate agencies around Australia you will observe one common denominator in that they all run large and successful e-businesses. Each and every day is spent working on their databases which explains ahy the majority classify their own online business first and REA and Domain on the secondry tier.

Which identifies an interesting scenario when Google actually launch here in Australia what direction the current pay to display business models will take. Also, with a large number of real estate agencies closing the landscape is forever changing. Where obviously revenue streams will be on the decline for quite some considerable time to come.</description>
		<content:encoded><![CDATA[<p>A large part of the &#8220;furore&#8221; (as you put it) was directed to the simple point that REA was charging agents and failing to redirect email enquiries which when delivered were actually well past their use-by date. No doubt many opportunities were lost as a result and the manner in which they handled themselves was a disgrace. Even after saying that they contacted all those whose emails sat on their server I received telephone calls from a few who advised that they had received no such contact from REA.</p>
<p>If you look at the leading real estate agencies around Australia you will observe one common denominator in that they all run large and successful e-businesses. Each and every day is spent working on their databases which explains ahy the majority classify their own online business first and REA and Domain on the secondry tier.</p>
<p>Which identifies an interesting scenario when Google actually launch here in Australia what direction the current pay to display business models will take. Also, with a large number of real estate agencies closing the landscape is forever changing. Where obviously revenue streams will be on the decline for quite some considerable time to come.</p>
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		<title>By: adam</title>
		<link>http://www.business2.com.au/2008/07/marketing-real-estate-how-much-is-enough/#comment-3911</link>
		<dc:creator>adam</dc:creator>
		<pubDate>Thu, 10 Jul 2008 01:58:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.business2.com.au/2008/07/04/marketing-real-estate-how-much-is-enough/#comment-3911</guid>
		<description>Open Home times are extremely hard to find on any of the portals for buyers (I know, I asked them). The portals do not have a function where you can sort by open home times, so some buyers (or tyre kickers) consult the papers and look at the sections where all the open homes are listed, bu suburb,  for a weekend (Such as in the Gold Coast Bulletin).

If REA and DOMAIN could sort by Open Home Time/ Suburb then more people would use the portals for OFI&#039;s

My 2.2c worth</description>
		<content:encoded><![CDATA[<p>Open Home times are extremely hard to find on any of the portals for buyers (I know, I asked them). The portals do not have a function where you can sort by open home times, so some buyers (or tyre kickers) consult the papers and look at the sections where all the open homes are listed, bu suburb,  for a weekend (Such as in the Gold Coast Bulletin).</p>
<p>If REA and DOMAIN could sort by Open Home Time/ Suburb then more people would use the portals for OFI&#8217;s</p>
<p>My 2.2c worth</p>
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		<title>By: Michael McNamara</title>
		<link>http://www.business2.com.au/2008/07/marketing-real-estate-how-much-is-enough/#comment-3910</link>
		<dc:creator>Michael McNamara</dc:creator>
		<pubDate>Thu, 10 Jul 2008 00:52:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.business2.com.au/2008/07/04/marketing-real-estate-how-much-is-enough/#comment-3910</guid>
		<description>I find it interesting that when realestate.com.au had their recent e-mail issues there was quite a bit of furore.

Just read back on this forum to the thread called &quot;summary of realestate.com.au e-mail fiasco&quot; and you will see how seriously the real estate agent industry takes e-mail leads. It is obvious to me why Robert, Craig and others were so riled about this.

The fact is that on-line is invaluable.

So I don&#039;t buy the peanuts = monkeys argument.

I suggest that there is a disconnect between the utility of some classifieds products in the market and their comparative prices.

Cheers</description>
		<content:encoded><![CDATA[<p>I find it interesting that when realestate.com.au had their recent e-mail issues there was quite a bit of furore.</p>
<p>Just read back on this forum to the thread called &#8220;summary of realestate.com.au e-mail fiasco&#8221; and you will see how seriously the real estate agent industry takes e-mail leads. It is obvious to me why Robert, Craig and others were so riled about this.</p>
<p>The fact is that on-line is invaluable.</p>
<p>So I don&#8217;t buy the peanuts = monkeys argument.</p>
<p>I suggest that there is a disconnect between the utility of some classifieds products in the market and their comparative prices.</p>
<p>Cheers</p>
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		<title>By: Robert Simeon</title>
		<link>http://www.business2.com.au/2008/07/marketing-real-estate-how-much-is-enough/#comment-3909</link>
		<dc:creator>Robert Simeon</dc:creator>
		<pubDate>Wed, 09 Jul 2008 05:42:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.business2.com.au/2008/07/04/marketing-real-estate-how-much-is-enough/#comment-3909</guid>
		<description>Michael,

There is absolutely no doubt that online enquiries have declined significantly over the last twelve months from the property portals. Buyers have declined as a direct result of global and local financial market corrections.

One significant criticism that buyers tell us of the portals is that today they lack relevance as everytime they go there it &quot;is like reading the same book over and over again.&quot; This is very true as agents keep placing old properties back up in priority placements so it then gives an impression that nothing is happening. I would like to see a trial where each property is given a six week life in priority and see if this changes consumer sentiment.

The portals need to start thinking more in left field as against doing absolutely nothing as presently consumers don&#039;t find the portals all that interesting at present.</description>
		<content:encoded><![CDATA[<p>Michael,</p>
<p>There is absolutely no doubt that online enquiries have declined significantly over the last twelve months from the property portals. Buyers have declined as a direct result of global and local financial market corrections.</p>
<p>One significant criticism that buyers tell us of the portals is that today they lack relevance as everytime they go there it &#8220;is like reading the same book over and over again.&#8221; This is very true as agents keep placing old properties back up in priority placements so it then gives an impression that nothing is happening. I would like to see a trial where each property is given a six week life in priority and see if this changes consumer sentiment.</p>
<p>The portals need to start thinking more in left field as against doing absolutely nothing as presently consumers don&#8217;t find the portals all that interesting at present.</p>
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		<title>By: Michael McNamara</title>
		<link>http://www.business2.com.au/2008/07/marketing-real-estate-how-much-is-enough/#comment-3908</link>
		<dc:creator>Michael McNamara</dc:creator>
		<pubDate>Wed, 09 Jul 2008 03:56:33 +0000</pubDate>
		<guid isPermaLink="false">http://www.business2.com.au/2008/07/04/marketing-real-estate-how-much-is-enough/#comment-3908</guid>
		<description>Robert,

Interesting...

Have online enquiries dropped proportionately to the overall drop off in buyer numbers or have they taken a bigger hit?

Cheers</description>
		<content:encoded><![CDATA[<p>Robert,</p>
<p>Interesting&#8230;</p>
<p>Have online enquiries dropped proportionately to the overall drop off in buyer numbers or have they taken a bigger hit?</p>
<p>Cheers</p>
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		<title>By: Robert Simeon</title>
		<link>http://www.business2.com.au/2008/07/marketing-real-estate-how-much-is-enough/#comment-3907</link>
		<dc:creator>Robert Simeon</dc:creator>
		<pubDate>Wed, 09 Jul 2008 03:38:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.business2.com.au/2008/07/04/marketing-real-estate-how-much-is-enough/#comment-3907</guid>
		<description>Interesting thoughts and more importantly not exactly correct. We currently have 29 homes and apartments for sale on both REA and Domain. The online responses are at their worst that I can remember and quite a few agents in our area have mirrored exactly the same sentiments.

Without print we would be in enormous trouble as at the moment this is without a doubt the dominant magnet for buyers. Yes, we have tried electronic open for inspections only and this failed miserably. When we have a print open for inspection the numbers quadruple.

At the end of the day the agents are the ones at the coal face! Online is cheap there is no doubting that and we all know what happens when you offer peanuts!</description>
		<content:encoded><![CDATA[<p>Interesting thoughts and more importantly not exactly correct. We currently have 29 homes and apartments for sale on both REA and Domain. The online responses are at their worst that I can remember and quite a few agents in our area have mirrored exactly the same sentiments.</p>
<p>Without print we would be in enormous trouble as at the moment this is without a doubt the dominant magnet for buyers. Yes, we have tried electronic open for inspections only and this failed miserably. When we have a print open for inspection the numbers quadruple.</p>
<p>At the end of the day the agents are the ones at the coal face! Online is cheap there is no doubting that and we all know what happens when you offer peanuts!</p>
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		<title>By: Michael McNamara</title>
		<link>http://www.business2.com.au/2008/07/marketing-real-estate-how-much-is-enough/#comment-3906</link>
		<dc:creator>Michael McNamara</dc:creator>
		<pubDate>Wed, 09 Jul 2008 02:33:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.business2.com.au/2008/07/04/marketing-real-estate-how-much-is-enough/#comment-3906</guid>
		<description>&quot;The Sydney Morning Herald has 1.2 million readers on a Saturday. Why do they </description>
		<content:encoded><![CDATA[<p>&#8220;The Sydney Morning Herald has 1.2 million readers on a Saturday. Why do they</p>
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		<title>By: adam</title>
		<link>http://www.business2.com.au/2008/07/marketing-real-estate-how-much-is-enough/#comment-3905</link>
		<dc:creator>adam</dc:creator>
		<pubDate>Sat, 05 Jul 2008 05:15:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.business2.com.au/2008/07/04/marketing-real-estate-how-much-is-enough/#comment-3905</guid>
		<description>I hope Fairfax deduct all the agents who buy the paper looking for listings to cross ?  That&#039;s got to add up  :)</description>
		<content:encoded><![CDATA[<p>I hope Fairfax deduct all the agents who buy the paper looking for listings to cross ?  That&#8217;s got to add up  <img src='http://www.business2.com.au/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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		<title>By: adam</title>
		<link>http://www.business2.com.au/2008/07/marketing-real-estate-how-much-is-enough/#comment-3904</link>
		<dc:creator>adam</dc:creator>
		<pubDate>Sat, 05 Jul 2008 05:14:05 +0000</pubDate>
		<guid isPermaLink="false">http://www.business2.com.au/2008/07/04/marketing-real-estate-how-much-is-enough/#comment-3904</guid>
		<description>Apparently 58% of all statistics are made up anyways  :)</description>
		<content:encoded><![CDATA[<p>Apparently 58% of all statistics are made up anyways  <img src='http://www.business2.com.au/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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