NICK WALTON REALTOR®

Serving Your Frisco Community

NICK WALTON REALTOR® Serving Your Frisco Community

Simple Social Media Tips & Tricks For Realtors

Simple Social Media Tips & Tricks For Realtors

social media

social media

Twitter

  • Any word immediately following a “#” is made searchable. Make phrases one word and capitalize the first letter to broaden its scope. Eg. #OpenHouseInFrisco,TX
  • “DM” placed before someones twitter names sends a Direct Message to only that person
  • www.NearbyTweets.com allows you to input a subject and city and view live stream of people tweeting what you are looking for.
  • Twitter is indexed by Google.

YouTube

  • People searching for content prefer video to text 6:1.
  • Over 50% of the internets activity is comprised of video.
  • “how To” videos make up 84% of the videos being searched on YouTube.
  • Video is up to 53 times more likely to generate a first page google ranking.

LinkedIn

  • You can connect you LinkedIn account to your Twitter account. Every time you tweet, you can be getting double credit on LinkedIn.
  • All fortune 500 companies are requiring their top executives to have a profile on linkedIn.
  • When someone writes a recommendation about you, it goes in front of all their friends.
  • The average LinkedIn user has a portfolio of $250,000 or more.

FaceBook

  • Facebook Fanpages are index by Google, personal ones are not.
  • Talk to your audience, Don’t just sell to them.
  • The average person on facebook has 200 friends. How many people could you get in front of if HALF of your database was your friend on facebook?
  • Link you facebook account to your twitter account so that all your tweets are posted on your facebook page.

This blog post is provided to you by Your Frisco Realtor® of NickWaltonRealtor.com

Providing Real Estate services for the cites of Frisco, Plano, McKinney, Allen, Little Elm, Prospre, Celina & North Dallas.

Nick Walton, Realtor®

JP & Associates Realtors®

Nick@NickWaltonRealtor.com
Cell / Text 469-556-2393

www.NickWaltonRealtor.com

Join the Your Frisco Realtor® & Nick Walton Realtors Group Facebook Fan pages

I’m glad that you have found my blog and taken the time to read it. If you find the information useful or informative please “Subscribe” to my blog.

I enjoy building new business relationships across the country and would love to find a way to work together on a transaction or a referral.

7 Deadly Sins of Overpricing

7 Deadly Sins of Overpricing

7 Deadly Sins of Overpricing

7 Deadly Sins of Overpricing

 

Most experts would advise that the best way to increase your odds of a successful sale is to price your home at fair market value. But, as logical as this advice sounds, for many sellers it is still tempting to tack a few percentage points onto the price to “leave room to negotiate”. To avoid this temptation, let’s take a look at the seven deadly sins of overpricing:

1. Appraisal Problems

Even if you do find a buyer willing to pay an inflated price, the fact is over 90% of buyers use some kind of financing to pay for their home purchase. If your home won’t appraise for the purchase price the sale will likely fail.

2. No Showings

Today’s sophisticated home buyers are well educated about the real estate market. If your home is overpriced they won’t bother looking at it, let alone make you an offer.

3. Branding Problems

When a new listing hits the market, every agent quickly checks the property out to see if it’s a good fit for their clients. If your home is branded as “overpriced”, reigniting interest may take drastic measures.

4. Selling the Competition

Overpricing helps your competition. How? You make their lower prices seem like bargains. Nothing is worse than watching your neighbors put up a sold sign.

5. Stagnation

The longer your home sits on the market, the more likely it is to become stigmatized or stale. Have you ever seen a property that seems to be perpetually for sale? Do you ever wonder – What’s wrong with that house?

6. Tougher Negotiations

Buyers who do view your home may negotiate harder because the home has been on the market for a longer period of time and because it is overpriced compared to the competition.

7. Lost Opportunities

You will lose a percentage of buyers who are outside of your price point. These are buyers who are looking in the price range that the home will eventually sell for but don’t see the home because the price is above their pre-set budget.

Most buyers look at 10-15 homes before making a buying decision. Because of this, setting a competitive price relative to the competition is an essential component to a successful marketing strategy.

 


This blog post is provided to you by Your Frisco Realtor® of NickWaltonRealtor.com

Providing Real Estate services for the cites of Frisco, Plano, McKinney, Allen, Little Elm, Prospre, Celina & North Dallas.

Nick Walton, Realtor®

JP & Associates Realtors®

Nick@NickWaltonRealtor.com
Cell / Text 469-556-2393

www.NickWaltonRealtor.com

Join the Your Frisco Realtor® & Nick Walton Realtors Group Facebook Fan pages

I’m glad that you have found my blog and taken the time to read it. If you find the information useful or informative please “Subscribe” to my blog.

I enjoy building new business relationships across the country and would love to find a way to work together on a transaction or a referral.

Getting Your Children Involved In Your Real Estate Business (And Making It Fun)!

One thing about being a real estate agent that is imperitive is managing ones time and deligating tasks that are not utilizing your time the most efectivly. As I have three children, Philip & Chelsea who are 7 year old twins & Aiden who is 5 years old and who always need things, I beleive in installing the value of work and money at a young age. For example I was bought up never receiving “pocket money” unless I had worked for it. Wheather it be working for my father double checking his figures (he was a quantity surveyor) or the two paper rounds that I had from age 13. So I have decided to pass the same values along to my children and to get them involved in my Real Estate Business.

 

The first thing they did was put the fridge magnet football schedules in clear plasic door hanger bags along with one of my business cards. Followed by the fun part, getting to deliver all 200 of them to my “farm area”. As my children are young I thought they would soon get bored and I would be left doing the rest on my own however that turned out not to be true. They loved it, and I had trouble keeping up with them as they ran from house to house hanging the bags on the doors. I think their favorite part was when somebody was out walking their dog and they got to offer them one. It’s strange how nobody ever turns away a 5 or 7 year old when they offer them something.  Their latest “job” was putting out the open house signs saturday night for the house I am holding open in “The Trails” in Frisco, Texas on Sunday 25th September 2001 between 3-5pm.. Even though they were hungry they still helped me put out the 5 signs pointing towards the open house at each intersection. I even explained to them where you can and cannot put the signs as Frisco has some strict rules on where & when Garage Sale & Open House signs can be put. It can get expensive if you get it wrong and they confiscate your signs. Lasty they all seem to love having their picture taken so I took a few pictures of them posing next to one of my for sale signs… I think I killed two birds with one stone, firstly I taught them the value of money & secondly I got help with building my business in a cost effective and time efficient way. As they get a little older they can help even more as they become more responsible and have learnt more about the real estate business through hands on experience. Hopefully this will help them decide if a career in Real Esate or a related industry is right for them.