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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

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A Commercial Real Estate Broker\'s Guide to Social Networks. Facebook, Twitter and LinkedIn ideas and ROI.

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Page 1: Devencore Social Media Slideshow 06.05.10 With Broadband

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: Devencore Social Media Slideshow 06.05.10 With Broadband

Social Media RevolutionSocial Media RevolutionSocial Media Revolution 2 Video

Page 3: Devencore Social Media Slideshow 06.05.10 With Broadband

Information overload Information overload “chews” “chews” TimeTime

Page 4: Devencore Social Media Slideshow 06.05.10 With Broadband

TheThe BIGBIG ThreeThree

Commercial Real Estate Brokerage ToolsCommercial Real Estate Brokerage Tools

Page 5: Devencore Social Media Slideshow 06.05.10 With Broadband

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: Devencore Social Media Slideshow 06.05.10 With Broadband

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: Devencore Social Media Slideshow 06.05.10 With Broadband

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: Devencore Social Media Slideshow 06.05.10 With Broadband

Profile Profile FB-MKH

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

Page 10: Devencore Social Media Slideshow 06.05.10 With Broadband

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: Devencore Social Media Slideshow 06.05.10 With Broadband

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: Devencore Social Media Slideshow 06.05.10 With Broadband

You will…You will…

Page 13: Devencore Social Media Slideshow 06.05.10 With Broadband

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: Devencore Social Media Slideshow 06.05.10 With Broadband

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: Devencore Social Media Slideshow 06.05.10 With Broadband

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: Devencore Social Media Slideshow 06.05.10 With Broadband

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: Devencore Social Media Slideshow 06.05.10 With Broadband

““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: Devencore Social Media Slideshow 06.05.10 With Broadband

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: Devencore Social Media Slideshow 06.05.10 With Broadband

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: Devencore Social Media Slideshow 06.05.10 With Broadband

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: Devencore Social Media Slideshow 06.05.10 With Broadband

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: Devencore Social Media Slideshow 06.05.10 With Broadband

““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: Devencore Social Media Slideshow 06.05.10 With Broadband

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: Devencore Social Media Slideshow 06.05.10 With Broadband

HomeHome Page Page LinkedIn Home MKHLinkedIn Home MKH

Info Central...Info Central...

Page 25: Devencore Social Media Slideshow 06.05.10 With Broadband

Profile Profile LinkedIn Profile-MKHLinkedIn Profile-MKH

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

Page 26: Devencore Social Media Slideshow 06.05.10 With Broadband

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: Devencore Social Media Slideshow 06.05.10 With Broadband

The The NetworksNetworks•Connections MKH

•Connections of Connections•My Network Statistics Stats

•Jobs•Groups

Page 28: Devencore Social Media Slideshow 06.05.10 With Broadband

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: Devencore Social Media Slideshow 06.05.10 With Broadband
Page 30: Devencore Social Media Slideshow 06.05.10 With Broadband

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