In a huge industry move realestateview has just acquired Myhome one of their key competitors in the real estate portal space. This move by realestateviw follows their recent expansion into other states and territories across Australia.

As Petra Sprekos explains on Property Portal Watch the “acquisition complements realestateview.com.au’s existing offering for estate agents and consumers and will substantially increase content”. It will be interesting to see whether Myhome will remain free for agents to list properties.

This is very exciting, as now an Industry based portal is the 3rd largest in Australia and should start gathering real momentum to have a shot at Domain.

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HTML5 and the iPad will change the way we consume online media. But what’s it going to take to change how we create it? Over the past 18 months, suppliers have been on a pretty steep learning curve integrating HD video and still photography into one cost effective package.

It is pointless, however, to replicate the same images and deliver the same message in all collateral. Taking a still photograph of a room, and then slowly panning across the same room is just that.

Pointless.

We run the risk of (a) Insulting the audiences attention and (b) Boring them senseless. Cinematography and photography have unique qualities; you can’t shoot a panoramic ‘stitch’ of a city skyline in low light on video without going to awesome lengths in post production.

In the same instance, a still photograph cannot record the sound of a city street. Just like we need different copy for print and online ads, we need to think differently about how we apply this media in the new medium.

Watching somebody use an ipad for the first time is an enlightening experience; it is not just down to the tactile nature of these screens but the very vibrance of the display.

And these screens are only going to get better; Apple calls it Retina. By developing pixels 78 micrometers wide for the iphone4, Apple engineers were able to pack four times the number of pixels into the same screen size. (http://www.apple.com/iphone/features/retina-display.html)

With richer more tactile displays, there’s a need for a much richer experience.

I believe the focus now needs to turn to what form this content takes on, and how best Agents and Agencies can use it. In the world outside real estate, every TV ‘ad’ is driven by a Creative; an idea to shoot too. This idea compliments the print campaign. The message is the same. The approach, radically different. Today, we have new companions (tactile, smart, mobile devices). And on the horizon, there’s 3D.

As suppliers, we need to think outside the square and not just dish up the same old, same old stills and pans and dolly moves.

We need to think about creating richer, more immersive experiences. As Clients, Agencies and Agents need to demand we start bringing these creatives to the table. As the hardware changes around us, the creative has to evolve.

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For new subscribers to Business2 – here are the previous stages.

Diagnosing your online position (warts and all) – Stage One

Constructing your perfect online real estate media platform – Stage Two

Without a doubt from my experiences real estate agents have little to no – understanding about what exactly defines an online business. Today, they remain a tangled online entity boasting a website with very little traffic and Search Engine Optimisation (SEO) – the lights are on and nobody is home. Direct online communications are next to non – existent simply because they are reliant on consumers finding them, as against actually delivering then driving online customer communications. Easy to fix so long as you are prepared to lock – up this online market.

Not only are you providing purchasers the best online service – more importantly offering vendors a stand-out real estate media platform. One that you created and paid for (I say this because real estate agents struggle using their own monies to invest in technology) hopefully your online platform model of choice will now  exceed your competitors too! Stop following the market – time to lead it.

Allow me to elaborate on that –  have you read – “Digital Marketing – Strategies for Online Success”? A great and easy read by Godfrey Parkin – a must for your online library (it’s now in mine).

“There is little point in building a website or fine – tuning your e -marketing tactics unless your strategy is right in the first place. To build a competitive strategy to capture the loyalty of your online consumers requires re – thinking your vision for your business from the ground up. It also requires an intimate understanding of what this online environment is all about, from the perspective of your business, from your competitors’ point of view, and particularly in the eyes of your target customers as individuals. Without those insights, you cannot begin to put together a digital strategy that has any hope of succeeding.”

So let’s best sum up where your real estate agency presently sits.

“The answer is that most businesses have an increasingly fuzzy vision of what their future should be, so their tendency is to clutch tightly to the past. As the world around them changes faster and faster, the future becomes even more blurred and uncertain. Without a bright light to head toward, they feel safer not to move away from their fundamentals and put their efforts into shoring up their defences. Those companies that do stumble forward usually head in the direction that they have always followed, tactically groping their way through fog, turning to dodge obstacles and grasping at opportunities reactively as they fly by. Without a vision, they have no idea where they are headed. Without a vision, they cannot put together an effective strategy.” Sound familiar?

“So why, are the brilliant examples of how it should be done so few and far between?” I’m not suggesting that our online strategy is such an example – rather this is what we do – with success.

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We have five non – negotiable online services that we adhere to on a daily basis. It is imperative that your online platform must strive to deliver so that you can claim this all very important point of difference over your competitors.

1. The largest online database within your demographic area – be proud that your online media platform connects to more buyers and vendors. Our proof is that we display on our homepage our subscriber sales to our online business which presently sits at $952,234,220.

2. Without using Google AdWords – use intelligent Search Engine Optimisation (SEO) methods where your agency appears at number one position organically on all Google keyword searches within your demographic areas.

3. Write a weekly e – newsletter, send out daily email alerts, provide weekly data on the sales that have been recorded within your demographic area. Each week send out your upcoming open for inspection lists. Provide subscribers the ability to choose exactly which online communication they want to receive. Keep branding your business online.

4. Get a blog going – move with the times. Each comment adds another page to your website as well as on Google which drives your SEO. TAG keywords that appear within your e – newsletter as we try to add at least – 100 new pages to our website on a weekly basis. When you sell or lease a property keep the link live as the more live links on a website the greater SEO. We are over 3,000 pages and rapidly chasing down 4,000 pages.

5. Be relevant – not irrelevant. Use technologies don’t refuse it. Religiously translate your enquiries and open for inspection lists to connect to your online model. There will come a time (and it is happening now) where vendors and purchasers are restricting online communications from agents – where research has identified no more than five (three is the average) and that includes property portals.

When a successful online agency advises a vendor let’s launch an online campaign with a two week marketing strategy before having to commit to a much more expensive print campaign – guess who will win every time?

As Godfrey Parkin said“there’s a very simple, powerful, burning light that all of us need to keep in focus: properly used, the internet frees customers and marketers from the constraints of time and space, which in turn unleashes personal communication and experience – sharing on a scale unprecedented in history.”

Our online communications are very up close and personal – how are yours? When you start digging at your online foundations make sure you use a developer that really knows what they are doing they are few and far between.

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So, the iPad has finally landed!

And to refer back to the title of my post back in April, has it come crashing down to Earth like a huge white elephant, or elegantly applauded in as yet another Apple master stroke?

Before I answer that I’ll come clean and admit that I got one on the day they launched.

The Good

1- They are an extremely good presentation tool. Visually everything just comes to life on the screen. Keynote (Apple’s version of PowerPoint) can do some wonderful things and smart Australian companies will be working on some presentations for this tool and rolling them out to their sales force as I write this. If (like real estate agents) you’re presenting one-to-one, or one-to-two, there’s no better tool.

2 – The size “just works”. I was struggling to see where it would fit in the market if you already had a small laptop and an iPhone, but as soon as I saw one I instantly got it. The size is perfect. It’s not (as I feared) just a laptop without a keyboard. It’s small and slim enough to be a genuinely different product.

3 – As with all Apple products, it’s intuitive. It’s interesting that many of Apple’s products don’t even come with an instruction manual.

4 – It’s not all about fancy games and funky Apps. This thing has got some business grunt. Apps I downloaded on day one included; Pages, Numbers and Keynote (Apple’s version of Microsoft’s Word, XL and PowerPoint), as well as PDF Viewer, GoToMeeting and an App called DocsAnywhere, which enables you to sync the documents on your PC or MAC with your iPad, via iTunes.

5 – For the iPhone owners amongst you, some of the features you already know and love just work much better on the bigger version.

6 – It’s fast, particularly in WiFi mode, but it seems pretty slick in 3G as well.

7 – Battery life, the Achilles heel of the iPhone, thankfully the iPad doesn’t suffer the same problem.

The Bad

1 – You can only do one thing at a time and can’t jump around from one application (or program) to another like you can in Windows. If you want to quickly dive out of “something” to do “something else” for a few seconds, you can’t without closing the program you’re in.

2 – You have to get the WiFi/3G version. If you get the cheaper WiFi only version you’re wasting your money, as the device will not be anywhere near as mobile as you need it to be. Think iPod Touch (WiFi only) versus iPhone (WiFi/3G), there’s just no comparison.

3 – Touch screen keyboards are just not that great.

So, the verdict? For this industry I think they’re a great investment for an agent, assuming that you (or your business) is prepared to work hard to create the tools that will make the iPad really blossom.

A win for Apple I think.

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During the recent UK general election (American friends of mine were amazed at how quickly it was over, English friends bemoaned how it dragged on for weeks), I read a Guardian blog post which berated parties of all hues (“tribes”). The writer loathed one tribe, but was saddened how his own tribe had left him, and he wasn’t really interested in the third one either. Hence the inconclusive result I suppose.

And so it got me pondering the state of how we get our information these days, and how quickly media has changed. The blog itself is something I would never had read without the advent of the internet (itself only a 20 year old invention). By the time I read it, it had already attracted 50 comments.

On election night (morning in Australia), I found myself searching #ukelection and #ge2010 twitter themes to read what people were saying as the results came pouring in. Most of them were watching the same telecast I was half a world away (I found the BBC player online somewhere which had been blocked on the official BBC web site). They were reacting to the same commentators and politicians pontificating in front of us, which we were all viewing in real time. Yet, it was these live twitter comments and reactions which drew me in. They had far more validity and were much more entertaining and “real” somehow. They were from people who I did not know and would never meet, but whose opinion had more power and meaning than the pollie spruikers set up in adversarial mode by an aggressive media front man bating them into actually saying something.

Opinions poured forth over the twittersphere – every minute I could refresh the screen to read dozens more updated “tweets” (those 140 character short messages served up by twitter users).

I turned to an ex school friend of mine (a passionate Liberal Democrat and someone I’d not physically met in 30 years and only recently got back in touch with thanks to Facebook) and discussed the outcome with him and his ‘friends’ (we have only one in common, another ex school friend I’ve not seen in 3 decades).

As we collate information (on anything) directly from the sources of individuals whose opinions are as good as anyone else’s ‘in the media’, so we are simply returning to our tribal roots. It’s where we all came from (and still are really) – learning, teaching and sharing.

Of course, this is devastating news for traditional media who have much invested in their print presses, TV and radio stations. Over the past 100 years (a miniscule time frame in the grand scheme of things) they have informed us on what they believe we want to hear, read and view, and when we can get that information too. Our grand children (and maybe our children) will think it quite twee that we all once sat down together with our families at the predetermined time to watch TV programmes (I remember what an ‘event’ the 6pm nightly news was every night in our household in the 1970s). Those days are over.

If someone wants real information on property, who better to tell you than your knowledgeable local ‘tribe’ member? The person selling real estate who lives around the corner from you, the property manager who’s seen everything a thousand times and in a patient manner organizes the leaky gutters to be fixed for the hundredth time. They are the experts, and they ‘know local’ like no one else. 20% of those looking for rental properties in Australia search rentals on twitter. Of the 7 million Australians on Facebook, half tune in every day, and more are aged over 40 than under 20.

If you’re not there, you cannot be noticed or listened to. In this way, twitter, facebook, blogs and the like are merely tools of communication. No silver bullets. No one can give you the scripts and dialogues, but if you view this all in the right manner, you’ll know what to say when the time comes. You’ll make mistakes. You’ll learn it by doing (and listening). Join the conversation. We like to pass on interesting snippets, we like to help, we are good people. It’s tribal, it’s in our nature, it’s who we are.

Photo Credit: Maasai Tribal Dance

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