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  • What's Hot on HousingWatch This Week
    Filed under: News, EconomyTyler Perry can afford to buy big ol' pink mansions no matter what interest rates are doing, but this week brought great news for the rest of us. Lower rates were hot news on HousingWatch this week. See what else our readers were interested in. 1. Tyler Perry Buys $40M Atlanta Mansion as $7.6M Teardown Hollywood heavyweight Tyl […]
    Liz Hawthorne
  • What's Hot on HousingWatch This Week
    Filed under: NewsSmaller houses, lower down payments, and deep discounts on big ol' pink mansions. See what else our readers were interested in this week on HousingWatch. 1. Florida Real Estate: Nearly 50% of Jacksonville Homes Are Underwater Though its East Coast location has kept Jacksonville more or less safe from the oil spill, all is not rosy with […]
    Liz Hawthorne
  • What's Hot on HousingWatch This Week
    Filed under: NewsIf you're shopping for a Florida property, a second home, or some Jersey-fied shwag, this is your week. Read on to see why, and to see what else was hot on HousingWatch this week. 1. Berkeley's Hot, Florida's Cold, Says New Real Estate Report Berkeley Calif. is the hottest market in the country -- though you'll be left co […]
    Liz Hawthorne
  • What's Hot on HousingWatch This Week
    Filed under: NewsWith the estate of the late Dennis Hopper grabbing the top spot, this week's HousingWatch headlines were (almost) as hot as the East Coast. See what other steamy news was brewing this week: 1. Dennis Hopper's Venice, Calif. Estate Hits Auction Block The enormous (almost 5,000 square feet!) house of recently deceased actor Dennis Ho […]
    Liz Hawthorne
  • What's Hot on HousingWatch This Week
    Filed under: NewsMortgage defaults and foreclosure scams and a foreign invasion, oh my! It was another wild week here on HousingWatch -- see what our readers thought was interesting over the past 7 days: 1. Adam Carolla Selling His 'Overbuilt' L.A. Hills Home for $1.3M Professional funny guy Adam Corolla is looking to unload his L.A. home more than […]
    Liz Hawthorne
  • What's Hot on HousingWatch This Week
    Filed under: NewsWith amenities ranging from squirrel condos to full-blown recording studios, we've featured properties with a little something for everyone in recent posts. See what else was hot on HousingWatch this week. 1. Denver's Bizarre Mayoral Home: Its Fate Now in Question A debate is brewing in Denver about the fate of a mansion donated to […]
    Liz Hawthorne
  • Congressmen propose extension on closing date for federal tax credit June 16, 2010
    Last week, Senate Majority Leader Harry Reid, D-Nev., said he would support a measure to give additional time for first-time home buyers to close on their purchases and still receive a tax credit for up to $8,000. Repeat buyers were also eligible for a credit of up to $6,500. Buyers had until April 30, 2010 to have a [...] […]
    Sharon
  • Home improvements have begun at the White House June 14, 2010
    There are many homeowners across our country postponing the sale of their home due to the precariousness of the housing industry. Because a home sale is not imperative, some owners are choosing to make home improvements, either by their own hand or by hiring professionals. The White House, which theoretically will never be for sale, is [...] […]
    Sharon
  • Real estate markets on Gulf shores impacted by BP oil spill June 11, 2010
    When viewing news footage of the marine and wildlife damage due to BP’s Deepwater Horizon oil spill, it’s easy to make the connection between that carnage and the loss of income to those who make their living directly from the water. Shrimpers, oyster harvesters, commercial fishers - among others - have been unable to work their trade and are [...] […]
    Sharon
  • Increased consumer confidence could lead to higher home prices June 10, 2010
    According to The Conference Board, economic confidence is as high as it’s been since August 2007 - four months before the start of the recession. Americans are optimistic again. As the theory goes, confidence matters to the economy because as confidence increases, consumer spending follows. Consumer spending accounts for 70 percent of [...] […]
    Erin
  • April 2010 shows a rise in new home construction June 8, 2010
    The U.S. Department of Commerce issued a report last month stating new home construction rose nearly 41 percent, when compared to the same time frame a year ago. Privately owned housing starts were at a seasonally adjusted annual rate of 672,000, which is 5.8 percent above the March estimate of 635,000. That rate is the highest since October 2008. New constr […]
    Sharon

Are Saratoga Realtors behind the times in social media?

I have not been posting new articles for a few weeks, in part because we have a contract on 8 Granite Lake Drive, (more on that in a future post) but also because I’ve been tracking trends in real estate marketing and amassing research to give a good dissertation on how I see social media impacting the real estate business. Not being a real estate expert this was a time consuming bit of work. Writing a thoughtful, well-informed article takes time to do well, especially when it is not your area of expertise. Then, just today I came across this post on Mashable it’s an expose of all and much more than I could have hoped to explain about the use of social media in real estate. So I applaud Mashable and I applaud you in advance for taking the time to read the article, “How Real Estate Pros are Using Social Media for Real Results.” Props to Erica Swallow for putting forth such a great piece of reporting. Here’s the link: http://mashable.com/2010/06/28/real-estate-social-media/

If you’ve been following my efforts you’ll note that the Mashable article supports much of my activity. If you have an interest in learning about social media I suggest following Chris Brogan and reading his book Trust Agents.

My own results from my use of social media to help me market and sell 8 Granite Lake Drive have proved positive and (cross fingers) successful. We drove significant awareness, feet through the door, and more than one interested potential buyer. But it was not without the help of realtors. Realtors still have a lot to offer and if the Mashable article proves anything, it’s that when properly harnessed, social media can still give realtors the upper hand in moving properties. A few months back we signed with The Angiolini Group to list our place on the MLS. For a flat fee, Kathleen Angiolini will post your property on MLS and work with the buyers agent to make sure you have “good” buyers. The Angiolini Group also work with the computerized central showing service to help schedule appointments. The rest is up to you as the seller, to make sure the property is ready for showing and if you hold open houses, as we did, that means you’re there for the open house as well. You can get all the details from the Angiolini Group. It’s a good approach in these down times, it gives you access to MLS at a reasonable cost and The Angiolini Group provide a heck of a lot of service for the money. You pay the buyers agent 2.5%. So you’re saving about half the fee of a full cost broker. But you have to be ready, willing and able to put in the time. Sort of a one-two punch of new economic models powering the sale of a home. It has been, and continues to be a lot of work, but if you have the time and energy and patience, you can save yourself some money. If you decide to give it a try call the Angiolini Group and ask for Kathleen.

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