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Sunday, February 19, 2012
Data collection arms race feeds privacy fears (Reuters)
[unable to retrieve full-text content]Reuters - This week's revelations that Google Inc, Twitter and other popular Internet companies have been taking liberties with customer data have prompted criticism from privacy advocates and lawmakers, along with apologies from the companies.
Cheap Real Estate Marketing Will Become Increasingly Less Effective
Custom web site design / The SEO Adventure / Real Estate /
Posted by at 7:50 PM on Friday, February 17, 2012Below I attempt to make an argument that perhaps REALTORs are not allocating enough resources to marketing real estate, and are incurring too much expense in other areas of their lives. Marketing real estate is supposed to be the primary goal if you are a listing agent. If you are a buyer's agent, most likely you are going to have more trouble earning higher commission levels since having a diverse portfolio of listings allows you to capture commission even if someone else sells it. Theoretically, the listing agent will always make more money because of this as long as they have an effective marketing campaign.
I usually see the buyer's agent become a listing agent as they become more successful and perhaps even a broker with agents underneath them in the end. ?It seems like buyer's agents are unable to develop strong marketing campaigns, so they choose to focus on the parts they can do. Perhaps, if I personally build a marketing plan and competing real estate sales team that I will be more effective in demonstrating an effective way to sell real estate. In the process, we can refine our web site systems to more accurately to facilitate the needs of REALTORs through our own experiences selling real estate. The additional income will fund these developments and help create a more diverse range of services.
The concern is that if all my clients refuse to allocate the proper amount of resources, then we will be perceived as a failure to them. ?However, we have all the talent and skills of any world-class design, development and marketing firm. ? I am continuously trying to consider ways to achieve more affordable services, but there are always sacrifices with reducing price. ?In the future, it may no longer be effective to offer certain services unless there is a reasonable chance of success for both sides of the transaction. ? This philosophy of feeling responsible for mutual success should apply to all sales, not just our business.
How many hours of work occur between closings for a REALTOR?
What does the income per hour worked come out to.?? How does this average out with failed contracts and unqualified time wasters eating up your days???What are the pay expectations for a REALTOR and have they become unrealistic??? I don't understand why many REALTORs are unable to afford a reasonable amount for their web site and marketing, yet they dream of selling homes that have $100,000 commission checks. A successful business demands around 80% of its expenses to go towards advertising / promotion efforts even if you need to use your personal time & resources to achieve this. ?Certainly, smaller businesses have trouble doing this, some sacrifices are made, but perhaps a marketing budget that is 5% of your gross income is too small. ?Finding a better balance of perhaps 1/3 or 1/2 income is a more sure way to grow.
If you spent half your money on advertising and shared commission/desk fees and worked 175 hours to make 3% on a $235,000 home, that would be around $7,000 gross income, $3,500 net.? This works out to making $20 per hour and you'd have to sell one a month to make the equivalent of a $45,000 annual salary.?? $45,000 is actually quite a good salary and this is like the equivalent of having a college degree and some seniority in a normal job.? Even at this modest level, it would be possible to invest several thousand per year into additional advertising to grow your business.
If you take home only 2% commission on a 1 million deal, that's $20,000 gross, $10,000 net perhaps in reality.?? If someone had spent an equal amount of time selling this more expensive property (175 hours), that would be $57 per hour,? equivalent of a $120k annual salary assuming another $120k was eaten up in expenses to achieve this.? This is what a full time realtor should be making if they have some actual skill and a small team selling homes between $300,000 and $2 million every month.
Is selling a $235,000 home once every month a realistic amount for 1 full time realtor?
In the worse case, someone makes $40,000 and best case $200,000 annual salary at current 2012 median home prices.?? So lets say a full time realtor expects to make $80,000 a year to have a decent year.? To live a modest life close to work, you might need $25,000 for the whole year.?? If you have a mortgage, maybe double that. ? If you have your own office space, an assistant and a mortgage, you might need all $80,000 to barely cover it. ? So that leaves like $0 to $50,000 per year for buying things, investing, starting a family, etc.?? Investing in the growth of your business seems like it should be a higher priority expense especially if you are already close to maxing out your expenses because you need to be able to get ahead to be able to afford your current expenses.?
If you have almost no time or money to spend on doing the marketing for a job that is essentially a marketing job, something is wrong??Managing yourself to go back and forth between sales efforts and marketing is what I already do so this process of selling homes is nearly identical to my job and I realize it's not easy. Pushing yourself to be a market leader demands you to manage your time better then the competition and not overemphasize one aspect of your business.
Can't afford to spend anything extra right now?
If you simply can't afford to spend any additional time or money, it sounds like steps should be taken to downsize your mandatory recurring expenses and recover your time so you can once again invest in growth.?? I have been doing this for the last year and have managed to decrease my monthly expenses $600 and increase monthly cash flow $600 without raising prices.? This leaves me in a much healthier situation with being able to grow my business without financial pressures.?? If you aren't closing deals, maybe downsizing is better until you grow again.? Don't think you can downsize any further? Here are some ideas:
- Get a smaller car with better gas efficiency.
- Move your office back to your home.
- Move to a different real estate franchise with low or zero fees. Or even start your own.
- Consolidate your debts and pay them off.
- Find local markets where you can pay for goods at a lower price instead of the convenience of larger stores.
- Start cooking your meals again instead of eating out every day.
- Live with your family or roommates instead of isolating yourself in a huge castle.
- Motivate your staff to be successful by paying them more for success and either less hourly wages or no wages.
- Be more modest with gifts & holidays.
- Try to control your addictive tendencies better by reducing stress and increasing exercise.
- Make an effort to car pool and share for common needs like shopping and errands.
If you do all of this, suddenly, you'll have another $1000+ per month in free money just like I was able to achieve.?? You'll be back on the healthy track to enjoying life and growing again.
Real Estate Ethics And Administering Some Self Control
When the seller calls to complain that their house is not sold yet and they want to drop you as the listing agent, this is the probably the most stressful situation for a REALTOR. You want to figure out a way to salvage the 3% in additional commission.?? You try to manipulate them into re-listing at the last minute and lose the battle half the time. Perhaps, this is another part of the importance of not overindulging with the commission money. Ultimately, your job is to sell homes and the seller expects you to put your due diligence into marketing their property.
This is not about getting a $10,000 commission for nothing. It's about you effectively selling the home within a reasonable amount of time. Don't make agreements with sellers that you can't honor and be realistic when you fail. Lying to get ahead will eventually come back in the form of increased pressure & anger from the people you have hurt.
Making a profit on every sale might not be a reasonable expectation for you to become a market leader. In fact, most of the largest most successful businesses have intentionally lost money for a period of time to beat their competitors. For example, Netflix was quite affordable until Blockbuster went bankrupt and they have been continuously raising prices ever since. Nearly all cell phones, printers and game consoles have been sold at a loss with the intention of making the profits back in subscriptions, accessories, licensing and software. Gaining market share in a tough economy might be more important that amassing a fortune. You want to build a reputation and network of people that can ensure your future. A more successful marketing campaign can give you the momentum at the right time to have it all come together. Later, ensuring that your marketing campaign is up to date and modern becomes important as well. This means, comparing yourself to competitors, other web sites and to investigate emerging technologies.
You need to enjoy serving people's needs
Over the years, some REALTORs have secretly told me they have a distaste for the actual work of showing homes, talking with buyers and helping people. I would urge REALTORs to reignite an interest in caring about the people they are working with and reduce the negative energy they feel. Providing a service to someone else is an important part of living a good life. It doesn't matter how large or small your act as long as it is with good intention. Don't forget that you're taking a large commission check for relatively unskilled work and if you applied these skills to other industries, you may find your pay to be substantially less and the work even more difficult.
Of course, it's important to make sure buyers aren't lying to you by qualifying them properly. If you have a qualified buyer, you must have the patience and determination to see that they are taken care of regardless of whether you will profit to the level you'd prefer. By treating people with honesty and fairness, you'll earn a reputation for really helping people. Becoming rich at the expense of everyone around you has to be one of the worst choices a person can make. Don't forget to reward the people who influenced your deals appropriately and stay true to your word. Imagine a world where the rule of law did not exist and you had to answer to that person directly - This is a situation where your true integrity would be tested. We all need to treat each other with respect and not hide behind contracts and legal processes.
We Have Amazing Resources For Self Improvement
Steven R. Covey has written one of the most popular and true self-improvement books titled, The 7 Habits of Highly Effective People (1989). I have read this book and I can guarantee that if you live your life according to these principles, you will be happier. I believe sales people are often put in a dangerous position where abuse can easily arise if they start to believe that selfish closing practices are ok. You want to ensure both sides will meet their goals, but this can often only come by first solving the problems that cause you to think you need to be selfish. It can become more important for a salesperson to have strong ethics then people in other types of work because a bad deal can ruin the lives of the buyers.
I Might Be Your Next Business Partner or Competitor
For my web design business, we've previously always let the clients take the risk by paying us in advance for services that may someday let them profit excessively.? This limits my equity and security in the relationship quite a bit since there is no reason for them to pay us after they are successful or even to have a web site in the future.
In 2012, we will be able to have new pricing levels with low cost template offerings and perhaps a shared equity offering that only costs after leads occur.
I'm also considering finding a unseasoned REALTOR to partner with that I would do the online/offline marketing for free, and I'd own the web site / marketing materials 100%.? I'd develop resources for buying/selling presentations, videos, copywriting, link building, web sites, subscriptions to third party services, signs, brochures, everything.? I'd take a cut of the gross commission earned regardless of the lead source in exchange for their efforts and hopefully deliver the best real estate marketing in town.?? The realtor would be responsible for managing the leads, showings and closing processes. This could provide me the ability to build the best real estate web site for our sales efforts above and beyond what we can achieve on web sites for individual clients. ?
My future business partner will want to do it because they will receive world-class marketing services at no cost until the money is earned. ?We could perfect our web site conversion rates and do tests and take risks without having to get permission to do so.? I could flood the market with sites in different niches. ? We could figure out additional problems with our systems that aren't visible now because I'm not yet a realtor.? It could be a good way to grow our services into other areas.
Creativity Has Been Stifled By Limited Budgets
It often feels like my client undervalue technology and online marketing by having more limited budgets with us and a lack of interest in getting involved. Starting a competing real estate business where we invest aggressively into becoming a leading sales team may give us the evidence and system that are needed for other to succeed and our hopefully high sales volume will further justify the value of our marketing services.
The Recruiting Process Begins
If you are a motivated individual who is looking for a semi-permanent business partner to bring you to the next level with your marketing effort in real estate sales, please contact Bruce Kirkpatrick to discuss this further.
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Saturday, February 18, 2012
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Source: http://www.bookmakerreview.co.uk/recreation-and-sports/bbcor-baseball-bats-z1000-bbcor/
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Friday, February 17, 2012
Email Marketing for Success
Email marketing is fast becoming the medium in which to expand your business. Whether your business is online or off, email marketing will help you out in making sure that your business will make a profit.
How does email marketing help?
Since email is the most popular application in the internet, it is the preferred means of communication for businesses.? It is being constantly checked for updates most of the day by business users and by most internet users at least 6 times a day. It is a powerful communications tool that can help you reach your clients.
Email marketing can save you money. It saves money since you are no longer charged for postage fees and mail house charges. Since traditional mail can take a long time to be delivered, sending emails is the best solution. By the click of a button, your mail would be sent directly to the customer.
It also saves you from worrying as to whether they received their mail or not.
Marketing by email also saves you a lot of time. It sometimes takes forever for a reply to be sent via regular mail. Other times, your mail can be lost and that can cause the loss of a potential client. This can be avoided by having mail sent electronically. No more worries, no more stress.
Email marketing is also a way for you to increase sales of your product. ?Using emails can be convenient for your clients to respond to your messages. It can also be a way for you to find new clients and educating them to your product. You can attach your product line to your email and send it to many people. This often generates positive response from many people who have become acquainted with your product and want to learn more about it.
This form of marketing can generate instant results.
Since most people check their emails constantly, they would immediately be alerted if a new mail has arrived. This would generate an instant response from the client and save both of you a lot of time.
Making Money thru Email Marketing
Some businesses make money by selling spaces on their newsletters. These paces are utilized by placing ads from different companies or products. Since these news letters are being sent to a lot of people, it can be a lucrative business to sell ad spaces on your newsletters.
It usually takes a lot of time and money to reach a certain number of people to promote your business. With email marketing, this has been made easier. It no longer takes forever for your mail to arrive. More importantly, your customers can be constantly updated thru email for progress reports on your business. This is a truly magnificent tool to have in your business.
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If you need assistance with your email marketing or internet marketing in general, Irish Web Solutions can help you get started on your marketing project. Visit their site to learn more.
Source: http://www.1directory.net/internet-and-businesses-online/email-marketing-for-success-4943.html
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Zimbabwe civic groups dismiss charity groups ban (AP)
HARARE, Zimbabwe ? Civic activists say moves to ban 29 humanitarian organizations in southern Zimbabwe are a breach of the nation's laws and affected groups need to ignore banning orders by the president's party.
In a new crackdown of non-governmental organizations, a provincial governor appointed by President Robert Mugabe suspended the activities of the groups on Wednesday, alleging they did not clear their operations with his office.
An alliance of independent civic groups said in a statement Thursday the governor did not have legal powers to wage "this fresh onslaught" against humanitarian work providing food, medication, water and vital services in the drought-prone Masvingo province.
Mugabe's party accuses private charities of supporting its opponents and has repeatedly threatened to shut them down.
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Thursday, February 16, 2012
Perfect Home Improvement Recommendations, Tricks, And Goodies ...
Whatever you?re seeking to do in life, discovering how to make it happen is a superb point from which to start out. This can be certainly real when confronted with renovation. The final thing you need is really a free downstairs room stair or possibly a leaky rooftop. Take a look at these development tips before you start any venture.
Before doing remodeling on your own residence, you should ensure you get the enables you need well ahead of time from the genuine remodelling project. If you do not get these allows, you then will not be able to carry out your project if the time arrives. In case you are undecided about the proper enables you need, employ a skilled basic service provider.
Dressing up up pillows to get a younger adult?s area can be very simple. Try taking some older clothes including band t shirts, tshirts with cool styles or perhaps aged set of denim jeans chop these to sizing to suit your creative pillows and sew them together with each other. This can produce a great individual accessory for any teenager?s place, and present their room some character.
Update your cooking area kitchen cabinets. In case you are on a tight budget, a straightforward way to improve your home cabinets and drawers is actually by changing the computer hardware. Knobs and pulls can be bought in a design and style to match each one?s style, from modern-day to vintage to classic. When you substitute the hardware, don?t fail to remember to wash your kitchen cabinets thoroughly. You will be amazed the quantity of individuals think that you have basically replaced your cabinets!
New ground addressing is a great way to revise the feel and look for any room in your house. An established floor business can put in new hardwood, carpeting, laminate or tile floors in well under one day or visit your community renovation retail store for do-it-yourself choices.
When putting in your new interior lights, move from candescent lights to much more energy efficient light bulbs. Lightweight Fluorescent lamps, often known as CFLs, final considerably longer and can greatly reduce your vitality bill by conserving energy. CFLs do consist of mercury, so be certain and keep to the particular legislation for fingertips.
Once you are taking on a home advancement task within the toilet or even the kitchen area, be sure you switch off water very first. Any time you work around h2o pipes, any sort of accident can occur causing a leak. You want to make a plan to reduce the damage to ensure you usually do not end up getting a flooded place. Make sure you know the place your h2o shutoff valves are, and change the water away before you begin your perform.
As you can tell, redecorating can be a multifaceted business. Frequently, your understanding of a kind of process determines the success of it. Which means that investigation is a fantastic first step in virtually any home improvement venture. These tips needs to be a valuable starting point inside your path to studying renovation.
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Source: http://clubpenguin.back2backgames.com/?p=95398
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