Are "Open Houses" Dead In Your Area?

Working where I do, I have an opportunity to speak with agents all over the country about their local markets and the trends that are happening there.  One conversation I had yesterday prompted me to pose a question on our facebook page about open houses

I was curious to know, "Are open houses were still a viable option for marketing a home?"  Or, are they are simply an avenue by which home owners feel special?  Are they really worth it?

I had an amazing response by several fans of the site...And thought it was worth sharing. And, as a result, I would like to continue this conversation here.  So, please add your experience to this post...Let us know if you do open houses.  Do they work for selling the home?  Do you use them to get buyer leads?  Is this something the seller demands to make it appear that you are doing your job?  Anyone have success with them?

Here is the conversation in it's entirety reposted from the fanpage.

 

Real Estate Client Referrals I asked this on Twitter earlier...But, Im curious --- Is the "OPEN HOUSE" still a viable way to help market a home?? Or, is it dead in your area??

Justin Nielsen
Justin Nielsen
Although we try to kill it! If done right it can be a great showcase for your skills.

Debra Randall
Debra Randall
It is dead in my area because our homes a spread apart and most of my sellers realize that you are getting more curious lookers than real buyers -- known for a while that 1% of homes sell through an open house. There are a few factors...1) Security for the agent and the home itself-we don't know who is coming through, 2.) We need preapproved ... Read Morebuyers and during an open house, you do not know they are pre-approved or not, even if you ask. 3.) kicking the homeowners out for two hours and then no one comes through but neighbors -- another discouragement for the sellers. It can be a good way for new agents to get buyers but I'd rather provide ready,willing and able buyers for my sellers.
Real Estate Client Referrals
Real Estate Client Referrals
Justin and Debra -- Thank you for the feedback! Very much appreciated!
Patricia Gonzalez
Patricia Gonzalez
Works best on New Construction homes in our area
Cheri Malley Smith
Cheri Malley Smith
I don't think they're effective for selling the home. Most visitors were driving by and saw the sign which means when they walk in the door they don't know the price, sq. ft., beds/baths etc. They are potentially a good way to meet buyers though.
Cathy Valdiviez Baumbusch
Cathy Valdiviez Baumbusch
Open houses don't sell homes here. They did during the buying craze if the home was listed just hours before the OH. Or if you're the only listing in a high demand neighborhood. Nowadays, they are a great way to meet buyers.
Debra Randall
Debra Randall
You're welcome!
Real Estate Client Referrals
Real Estate Client Referrals
Patricia -- That was the consensus on Twitter.

Cheri -- Again, that was the consensus earlier re: getting new buyers

Cathy -- Agreed.
Jennifer Mueser Bunker
Jennifer Mueser Bunker
I've been in real estate for 7 years in Utah and never once have I had more than one person come to an open house. It just doesn't work here! I think that may be because there is always a lot of inventory on the market during any given market cycle. People are using the Internet to better target lots of properties to maximize their time.
Real Estate Client Referrals
Real Estate Client Referrals
Jennifer -- EXCELLENT point! And, something that hasnt been mentioned as of yet. I whole-heartedly agree!
Martha Ayala Pitis
Martha Ayala Pitis
Never has worked for me or any of the agents in my company....you'll get nosy neighbors, an occasional mail man ........definately does not work in Laredo,Tx.
Real Estate Client Referrals
Real Estate Client Referrals
Martha -- Thank you!
Daniel Rothamel
Daniel Rothamel
We've done HUNDREDS of open houses. Out of all of those, we've sold ONE listing as a direct result of the open house. Most agents use them as a way of gaining buyer leads, more than anything else.
Real Estate Client Referrals
Real Estate Client Referrals
Very pleased to see Daniel Rothamel on our fan page!!!! Thanks, Daniel!! That seems to be the majority consensus on them....good to get buyer leads, but useless as far as selling the actual house.
Nannette Saunders
Nannette Saunders
Years ago I did an open house & sold the house. I have not done one for years. I think there are better ways to find buyer leads. I tell my sellers I am not the agent they want if they feel they need an open house. I'd rather spend two hours marketing on line where the buyers are...
Peggy Magnanelli
Peggy Magnanelli
I agree with all of you. Great way to find buyers. not usually a good way to sell the house. One thing tho I was buying 4 years ago and went to look at a house and the house next door was doing an Open House and we ended up buying that house. I have never sold a house doing an open house.
Real Estate Client Referrals
Real Estate Client Referrals
Nannette -- Hello, darling! I would tend to agree with you where the buyers are... ;-)

Peggy -- Stroke of luck having the next door neighbors doing an open house. ;-)
Karen Story
Karen Story
Although I have sold many homes from Open House, I think they produce more listing leads & buyer leads if done right. Our company has Super Sundays stretegically scheduled throught the year. We have hundreds of homes open on these select Sundays and they are well promoted. We think they are a vital part of the marketing process.
Real Estate Client Referrals
Karen -- I think if done right, such as the example you put up here, they can be...I just rarely see examples such as this one. Thank you for adding it.



Again, please feel free to add your experiences with open houses so that the rest of us might learn how you succeed with them...or, how you use them to your advantage!  I look forward to reading your responses!

If you would like information on getting more buyers for your open houses, please contact Clint at 800-977-7058.  Or, follow us on Twitter at www.twitter.com/recr or follow Clint at www.twitter.com/TheRealClint.
146 commentsClint Miller • August 25 2009 07:41AM

8 Ways To Use Photos To Promote Your Business Online

 

I wanted to write a blog post about using photos to help market your business as a follow up to my post on Guerrilla Marketing

But, Monica did such a fine job on this post...Im going to reblog it!!  Awesome post!!

 

Via Kevin & Monica Ray Missoula Real Estate Specialists (Access Realty www.YourMT.com):

Hidden Lake in Superior MT8 Ways To Use Photos To Promote Your Business - and best of all, most of them are FREE or LOW COST!

I didn't start out as a photographer, and I still wouldn't consider my photos "professional quality" although I see marked improvement each day. Since I've been in real estate, and especially since I started blogging, I have found that I really enjoy taking pictures of my community, events, and of course, of our listings. And, over the past two years, I have accumulated quite a collection of local photos on my computer which have been extremely useful for our marketing.

I take my camera everywhere I go and even have a small digital camera that I carry in my purse so I'm always ready when the "right shot" presents itself. Our whole family enjoys photography so it's become a great family activity.

Here's some of the ways we use photos in promoting our business:

1.)  Help Sell Your Listings - The most obvious of course, is to help sell our listings. Most buyers are starting their search on the Internet and they want to see photos and virtual tours of your listings - the more the better. They say a good photo is worth a thousand words, and that is definitely the case in real estate. One thing that made a big difference for us was investing in a wide-angle lens which helps photograph small spaces.

 

2.) Improve Your Blog Posts - Blog posts are more interesting to readers when they have appropriate photos. Developing your own collection of photos will help improve your blog and can save you money if you don't have to buy stock photos or clip art.

I subscribe to Gerry Katchikian from Red Lodge, MT on ActiveRain, he is able to use his photography skills to create a lot of interest in his area and his blog! He even has some photo quizzes that are fun. Check out Gerry's blog for some great examples of using photos for blogging.

 

you tube3.) Get Into Video - You can create a local video with your digital still photos in a matter of minutes. We like Real Estate Shows but there are other great sites out there that will help turn your photos into a short video. We also use a Flip video camera for some videos but still like to use digital stills. Once you create a local video, Real Estate Shows will upload it directly to your You Tube account, or you can save the video to you computer and create CD's or upload to other websites.

 

I Love Missoula Photoblog4.) Create a Photo Blog of your local area and post a new photo on a regular interval. We started the photo blog I Love Missoula a few months ago and have seen a huge increase in our traffic to the site, which also links to our real estate site. If tag your photos and use key-word rich titles, it will help optimize your search engine results.

We allow people in the community to submit their photos to use by email for possible use on the website. We are starting to get community photos and always give the sender credit, thanking them on the site.

 

Facebook5.) Post to Facebook - it's easy to create a photo album on your Facebook profile, so how about creating one of your local area? We have on one Missoula, Missoula Nightlife, and Montana Living.

Another creative way to use your photos on Facebook is to create a Fan Page for your local area. You can post local photos and videos to your Fan Page OR submit a link to a great photo on your photo blog or regular blog. Fan Pages are easy to set up, and the best part - they're FREE!

Here's one of our Facebook Fan Pages - we have over 4500 fans in a short amount of time:

Missoula on Facebook

 

6.) Set up a Flickr Account - Flickr does an amazing job with search engines, and is a great way to showcase your photos. One important note however is to make sure you understand Flickr's Terms of Service - before you create an account - or you may end up disappointed. Flickr does not like the use of its site for commercial purposes. Make sure to read Matt's post, and understand what is and is not allowed on Flickr:

A Stern Warning (or lack thereof) Flickr is Watching You by Matt Stigliano

On Flickr, you are able to Geo Tag your photos so they will be even more likely to show up on Google when someone searches for that area or location. Groups are also helpful to join for networking and to gain exposure for your photos.

We have contacted local photographers on Flickr and asked for their permission to include one of their photos on our Photo Blog with a link back to them and have had success. Many times, people are flatttered by the request and it also helps to build community for your photo blog.

Flickering Local Photos - You Engaging Others (YEO) by Jeff Turner

 

Lunch at the Superior Soda Fountain7.) Upload Photos of Local Businesses & Food to rating sites such as Yelp.com. We use this as an opportunity to try new restaurants and just take a few quick snapshots on our visit. You can rate your experience at the restaurant or business and upload your photos to help people in the community get a feel for the location.

The photos can also make a great blog post down the road - I love photos that I can multi-purpose! We've turned this into a bit of a game and use it as an excuse to order a great dessert occasionally or a special drink.

Here's Our Review for Our Lunch at The Superior Soda Fountain

AND a Blog Post

Stop For Lunch at the Superior Soda Fountain

 

Twitter8.) Twitpic your photos or post them to Posterous - People love to look at photos and I'm still amazed at how many people click on photos when I sent them across Twitter. Kevin uses Twitpic but I use a Posterous site that I set up - Missoula Real Estate.

Posterous tracks how many people view your photos and allows you to set it up so you can email a photo from your phone or computer to the site. Posterous can then automatically post your photo it to your Posterous Blog, Twitter, Facebook and Flickr accounts - I told you, I LOVE TO MULTI-PURPOSE MY PICTURES! :) Posterous is a great way to automate posting to some of your sites.

 

It's fun to be creative in your marketing with the use of photos, and there are so many possibilities!

How do you use photos to promote your business? I'd love to hear what others are doing as well!

 

****************

Kevin and Monica Ray are Missoula Real Estate sales and marketing professionals for Access Realty in beautiful Western Montana. We provide services in, but not limited to: Missoula, Superior, Alberton, Saint Regis, Lolo, Clinton, Turah, Potomac, Florence, Corvallis, and Hamilton.

For more information on Missoula Real Estate or surrounding areas, they can be reached at 406-207-1185 or online at www.AccessRealty.net.

Search Western Montana Homes & Land Contact Kevin & Monica Ray, Access Realty


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7 commentsClint Miller • August 11 2009 04:16PM

Scribd -- Intant Google Juice!

I was recently playing around with services that allow you to post presentations online...companies like SlideShare and Scribd.

I posted this to Scribd a few days ago...and in that time, it has climbed to about #7 on Google for some of our primary search terms!!! 

In my mind, that is AMAZING!!

Feel free to check it out...

 

Real Estate Client Referrals Presentation

If you would like more information on Real Estate Client Referrals, contact me at 800-977-7058 or follow me on Twitter.

11 commentsClint Miller • August 11 2009 03:45PM

Guerrilla Marketing -- Daring To Be Different

"Marketing is the differentiation of yourself against your competition.  Advertising is the cost of being boring."

That is according to an article I read in BrokerAgentPro roughly a year ago.  The article went on to say that, if a person marketed themselves properly, they would never need to advertise because everyone would already know who they are and what they do.  The article also went on to say that, if you don't know the difference between the two, you should hire someone that does.  And, I couldn't agree more!

I enjoy marketing.  I guess that is why I blog.  It's a good way for me to differentiate my company versus other companies in this same market space in a way that reaches my customer base quickly, efficiently, and in a format that they understand.  And...it's FREE!  What could be better?  Especially when you consider that my company does no advertising at all (aside from the gazillion websites we have out in the interwebz).

One aspect of marketing I really find fascinating is the underground, sometimes subtle, sometimes "in-your-face" marketing that has been affectionately called "guerrilla" marketing

Below is a couple examples of very successful guerilla marketing campaigns.

In this example, the information on the tear-away "teeth" is for a new dentist office that opened up about a block away from this pole.  

This photo was taken by a passenger at an airport turnstyle.  If you saw this while picking up your bags, do you think you would remember it??

On occasion, I have posted tweets on my Twitter account about different guerrilla marketing ideas that I have come across.  As a result, I was asked to compile a list of some of them and write a blog about them.  

But, before I started writing this, I posted a status update about a guerrilla campaign on our Facebook fan-page.  It quickly insighted a response!  (You can see the entire conversation here -- Real Estate Client Referrals fan-page)

"Is this both acceptable and smart?" asked one fan.

"Annoying" and "Obnoxious" said another.

Yet other fans said things like "I like the way you think." And, "I love it!"

Guerrilla marketing isn't for everyone.  And, some of these suggestions are simply just too risky for some to attempt.  But, if they didn't work, you wouldn't hear about them.  Keep that in mind as you read through this list...

Place business cards (mini moo cards, for example) in the sugar packet containers at restaurants

Go to the local computer store and change the home page on the browsers to your website

Have a rubber stamp made of your twitter handle (Or your website!!) and stamp it on all of your money;  Also, if you are attending an event where you would hand out a business card, take $50 in $1 bills that have been stamped with your website.  Hand them out to people as if it was your business card.  

Use that same stamper and stamp a book of post-it notes.  Place those post-it notes anywhere people can see them.

Go to the library/book store and put a business card in every book that relates to your field; IE -- Own a restaurant supply store? Put your cards in the cook books. You're a contractor?? Put cards in all the Do-It-Yourself repair books.

Slip business cards into the magazines at your salon, doctors office, dentist office, etc.

Go to the beach and write your company name in the sand in huge letters

Buy cheap plastic magnetic letters (like for your fridge) and put your website on anything metal -- doors, poles, road signs.  The letters are cheap...so if they fall off, no biggie...and they wont cause permanent damage to whatever you put them against (except maybe a hard-drive).

Get sidewalk chalk and draw feet or arrows to your office on the sidewalks and streets around town. As you people get close to your office, write an offer. IE -- "10% off if you mention you saw this!"  

Use that same sidewalk chalk and write your website or company name in parking lots/cross walks/ETC

Fliers!!!  Flieers are cheap and can be distributed ANYWHERE!  Put them in businesses (that will allow it), parking lots, street poles, bus stops, anywhere people can see them.

Put ads in local free papers (if available in your area) IE -- the Nickel

Get blank business cards made up with only your website address on it (or twitter handle). Hand them out whenever someone talks about a website (or you talk about a website)

Put an add in the personals in our local paper -- "MWM real estate agent seeks buyers for 145 Shady Lane; Must be in good humor and have decent credit".  (There is some obvious personal safety issues associated with this one.  I would do this because Im 6'2" tall and weigh about 320 lbs.  But, if I were a 5'1" blonde lady that weighed 110 lbs, I might feel like this would not be safe for me to attempt.  Be safe, people!)

Use pictures in your blogs titled with your key search words. Trust me, it works!  You have to write the post anyway...may as well make it pop AND get some SEO juice from it.  Get temporary tattoos made of your website and wear them in plain view. People will take notice, I promise!

Add the phone line from a brokerage that closes to your phone system -- I just spoke with an agent that worked for RE/MAX after calling a phone number that was listed in YellowBook as Century21.  It turns out the C21 brokerage closed.  So, the RE/MAX office had the number added to their inbound lines.  GENIUS!!  Now, all of that advertising that the C21 office did is supporting that number!

 

Yes, it is true.  Some of these suggestions simply wont work in your market.  Some of these suggestions might just be "too scary" or be deemed by some as "a waste of time".  (They used to say that about blogging, too. Just saying.)  Yet, other people may think that these are bold attempts at being different...'thinking outside the box' to the 10th power.  

Either way, these simple, yet effective, types of marketing will make people talk about you and your business. And, isn't that the goal of marketing??  If you believe that "there is no such thing as bad press", then this underground "guerrilla" marketing might just be the thing for you!

 

If you would like more information on Real Estate Client Referrals, please click on this link.  Or, you can contact Clint at 800-977-7058 or follow us on Twitter.

 

213 commentsClint Miller • August 05 2009 11:50AM