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What you should know…ROI What you should know…ROI Michael Houge, CCIM, SIOR Social Media-Tools for the Real Estate Broker

What you should know…ROI

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Social Media-Tools for the Real Estate Broker. What you should know…ROI. Michael Houge, CCIM, SIOR. Social Media Revolution. Social Media Revolution 2 Video. Information overload “chews” Time. The BIG Three. Commercial Real Estate Brokerage Tools. facebook-What to Know. - PowerPoint PPT Presentation

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Page 1: What you should know…ROI

What you should know…ROIWhat you should know…ROI

Michael Houge, CCIM, SIORMichael Houge, CCIM, SIOR

Social Media-Tools for the Real Estate Broker

Page 2: What you should know…ROI

Social Media RevolutionSocial Media RevolutionSocial Media Revolution 2 Video

Page 3: What you should know…ROI

Information overload Information overload “chews” “chews” TimeTime

Page 4: What you should know…ROI

TheThe BIGBIG ThreeThree

Commercial Real Estate Brokerage ToolsCommercial Real Estate Brokerage Tools

Page 5: What you should know…ROI

facebook-What to facebook-What to KnowKnow

facebook Facts and FiguresThe Home PageYour facebook Account- PERSONALA facebook (Fan) Page - BUSINESSSizzle

facebook Facts and FiguresThe Home PageYour facebook Account- PERSONALA facebook (Fan) Page - BUSINESSSizzle

Page 6: What you should know…ROI

facebook is facebook is HUGEHUGE

•More than 400 million active users•More than 200 million users log on to facebook at least once each day•The fastest growing demographic is those 35 years old and older•More than 5 billion minutes are spent on facebook each day (worldwide)•Facebook now exceeds Google as the most visited site•About 70% of all users are OUTSIDE the US

•More than 400 million active users•More than 200 million users log on to facebook at least once each day•The fastest growing demographic is those 35 years old and older•More than 5 billion minutes are spent on facebook each day (worldwide)•Facebook now exceeds Google as the most visited site•About 70% of all users are OUTSIDE the US

Page 7: What you should know…ROI

HomeHome Page Page FB MKH

Where you spend most of your time….The basics.Where you spend most of your time….The basics.

Page 8: What you should know…ROI

Profile Profile FB-MKH

In depth information about you…What you share.In depth information about you…What you share.

Page 10: What you should know…ROI

facebook Rocksfacebook Rocks

Unbelievable growth ($25B market share)A great place to stay in touch…constant flow of dataSearchable database, advertising, Google optimizationFriends are your network

Unbelievable growth ($25B market share)A great place to stay in touch…constant flow of dataSearchable database, advertising, Google optimizationFriends are your network

Page 11: What you should know…ROI

facebook Ideas-facebook Ideas-ROIROI

Announce new assignmentsPost economic data Track your clientsUpload market informationPublicize your achievementsSubmit industry related articles etc.Share recent legal rulingsHerald community involvementRe-publish articles you have authored

facebook Pages are an anything you want them to be….Constant evolvements and improvement…expect even more sizzle

Announce new assignmentsPost economic data Track your clientsUpload market informationPublicize your achievementsSubmit industry related articles etc.Share recent legal rulingsHerald community involvementRe-publish articles you have authored

facebook Pages are an anything you want them to be….Constant evolvements and improvement…expect even more sizzle

Page 12: What you should know…ROI

You will…You will…

Page 13: What you should know…ROI

Twitter-What I’ll Twitter-What I’ll CoverCover

What the Heck is Twitter?Twitter Facts and FiguresYour Account-Getting StartedFollowers and FollowingTweeting-Real TimeSizzle for CRE

What the Heck is Twitter?Twitter Facts and FiguresYour Account-Getting StartedFollowers and FollowingTweeting-Real TimeSizzle for CRE

Page 14: What you should know…ROI

What is Twitter?What is Twitter?

•Mini-Blog (140 Characters)•Impersonal Media “Launch Pad”•Six Degrees of Separation•Hippest, noisiest most talked about digital media•Relevant to the next generation

•Mini-Blog (140 Characters)•Impersonal Media “Launch Pad”•Six Degrees of Separation•Hippest, noisiest most talked about digital media•Relevant to the next generation

Page 15: What you should know…ROI

Twitter is Twitter is the the BombBomb

•Estimated More than 100 Million Twitter Accounts•Twitter Grew by 1,382% in One Year•Twitter’s Market Capitalization is Over $1 Billion•Bing and Google index Twitter •“Digital Footprint”

Page 16: What you should know…ROI

Twitter-Your Twitter-Your AccountAccount

•Sign Up-It’s Easy Sign Up•Your Twitter Profile Twitter•Profile Do and Don’t

•Sign Up-It’s Easy Sign Up•Your Twitter Profile Twitter•Profile Do and Don’t

Page 17: What you should know…ROI

““Following”Following”

•Followers Are Not “Friends” or “Contacts”•Following •Followers•How to Get Them and Why

•Followers Are Not “Friends” or “Contacts”•Following •Followers•How to Get Them and Why

Page 18: What you should know…ROI

The question is: “What's Happening?”

It should be: “What interests you…right now?”

My rule: If you Tweet, it ought to be something that people will care about.

The question is: “What's Happening?”

It should be: “What interests you…right now?”

My rule: If you Tweet, it ought to be something that people will care about.

Page 19: What you should know…ROI

Twitter Rocks!Twitter Rocks!

Unbelievable growth and innumerable appsA great place to stay in touch…constant flow of dataSearchable database, advertising, Google optimizationFollowers are from another networkTwitter is anything you want it to be….Constant evolvements and improvement…expect even more sizzle

Unbelievable growth and innumerable appsA great place to stay in touch…constant flow of dataSearchable database, advertising, Google optimizationFollowers are from another networkTwitter is anything you want it to be….Constant evolvements and improvement…expect even more sizzle

Page 20: What you should know…ROI

Twitter for CRE-Twitter for CRE-ROIROI

•Post a New Assignment•Ask for Advice•Set up a Client “Sounding Board”•Add an Inter-Office Intranet via Twitter•Find a Job or an Employee•Link to Your Blog•Herald a Success•Provide a Link to an Article or Market Data•Announce a Closing•Link to an Interesting Web Site•Promote a New…•Praise a Client or Colleague

All for FREE!

•Post a New Assignment•Ask for Advice•Set up a Client “Sounding Board”•Add an Inter-Office Intranet via Twitter•Find a Job or an Employee•Link to Your Blog•Herald a Success•Provide a Link to an Article or Market Data•Announce a Closing•Link to an Interesting Web Site•Promote a New…•Praise a Client or Colleague

All for FREE!

Page 21: What you should know…ROI

LinkedIn-What LinkedIn-What WorksWorks

LinkedIn MetricsThe Home PageYour ProfileEmployment AspectsNetworkingResearching Clients and ProspectsSizzle

LinkedIn MetricsThe Home PageYour ProfileEmployment AspectsNetworkingResearching Clients and ProspectsSizzle

Page 22: What you should know…ROI

““LinkedIn is the OfficeLinkedIn is the Office, Facebook , Facebook is the backyard BBQ and is the backyard BBQ and MySpace is the bar.”MySpace is the bar.”

Reid Hoffman, founder LinkedIn & PayPalReid Hoffman, founder LinkedIn & PayPal

““LinkedIn is the OfficeLinkedIn is the Office, Facebook , Facebook is the backyard BBQ and is the backyard BBQ and MySpace is the bar.”MySpace is the bar.”

Reid Hoffman, founder LinkedIn & PayPalReid Hoffman, founder LinkedIn & PayPal

Page 23: What you should know…ROI

LinkedIn Whoa!LinkedIn Whoa!

•Approximately 70 Million LinkedIn Users in 200 Countries•Every Second Someone Joins LinkedIn•The LinkedIn Market Cap. is Over $1.8 Billion•The Worlds Most Complete Resume’•“Digital Network”

Page 24: What you should know…ROI

HomeHome Page Page LinkedIn Home MKHLinkedIn Home MKH

Info Central...Info Central...

Page 25: What you should know…ROI

Profile Profile LinkedIn Profile-MKHLinkedIn Profile-MKH

YOUR Complete Story...YOUR Complete Story...

Page 26: What you should know…ROI

Hiring…or NotHiring…or NotAverage Age: 41Household Income: $109,703Male: 64%Household Income $100k+ 53.5%Own Smartphone/PDA: 34%College Grad/Post Grad: 80.1%Business Decision Maker: 49%EVP/SVP/VP: 6.5%24% Have a Portfolio Value of $250k+Job Titles:C-Level Executives 7.8%EVP/SVP 6.5%Senior Management 16%Middle Management 18%50% Are Business Decision Makers in Their Companies

Page 27: What you should know…ROI

The The NetworksNetworks•Connections MKH

•Connections of Connections•My Network Statistics Stats

•Jobs•Groups

Page 28: What you should know…ROI

LinkedIn for LinkedIn for BrokersBrokers

•Find a Client•Ask an Expert•Find an Employee•Seek a New Job (Hahahaha!)•Track your Specialty (Groups)•Link to Your Blog•Herald a Successful Transaction•Upload a Link to an Article or Market Data•Research a Potential Client•Upload a Presentation (Share)•Get an Introduction to …?•“Old School” Cold-Calling

•Find a Client•Ask an Expert•Find an Employee•Seek a New Job (Hahahaha!)•Track your Specialty (Groups)•Link to Your Blog•Herald a Successful Transaction•Upload a Link to an Article or Market Data•Research a Potential Client•Upload a Presentation (Share)•Get an Introduction to …?•“Old School” Cold-Calling

Page 29: What you should know…ROI
Page 30: What you should know…ROI

Michael Houge, CCIM, SIORMichael Houge, CCIM, [email protected]@chiefcompanies.com

Chief Real Estate Company, LLC Chief Real Estate Company, LLC

500 Jackson Street500 Jackson Street

Saint Paul, Minnesota 55101-2320Saint Paul, Minnesota 55101-2320

877.842.1031 - Toll Free877.842.1031 - Toll Free

651.288.0300 - Office651.288.0300 - Office

651.389.9336 – efax651.389.9336 – efax

www.chiefrealestatecompany.comwww.chiefrealestatecompany.com