Tag: realtors

Is this realtor guilty of cybersquatting?

As I mentioned, I am in the process of prepping our SF house for sale. Lots of realtors advertise with a website that is the street address of the home. Out of pure curiosity, I went my home’s URL… and discovered the domain had already been claimed and parked by one of the realtors I interviewed. NOT the one that got the business, by the way.

A colleague who referred this realtor says they do it as a matter of practice, in order to set up a great presentation. Apparently they were going to set up a website for me and surprise me with it, but I made my decision before they could do this. She says as a marketer she admires their moxie and intent.

I disagree. First of all, there is no need to have a live URL to develop a website. Millions of websites are under development right now using local files on the developer’s desktop which will eventually be ported online. At any rate, the URL was parked, not active. The only thing this accomplishes is to keep another realtor, or me, from getting rights to the domain. (This realtor later said they’d relinquish the domain name at no charge.)

We know that in the early days of the internet there were entrepreneurial cybersquatters who grabbed domain names of recognizable brands such as Panasonic, Hertz and Avon, in hopes of reselling them for a fortune. The Anti-Cybersquatting Consumer Protection Act of 1999 put an end to this practice. But how is grabbing somebody’s meatspace address any different?

I think by rights the domain name that corresponds to a street address belongs to the entity that owns the physical location. Am I all wet here?

Web marketing tips for realtors

We’re putting our house on the market in San Francisco and I’ve been interviewing agents all week. Each neighborhood in San Francisco (ours is the Lower Haight) has its own personality and a corresponding base of people who want to live there, so a realtor’s knowledge of our area was very important. I prepped for this process in part by looking at names on “for sale” signs and visiting nearby open houses… which, it turns out, is a strategy almost nobody uses any more.

I learned that today most buyers start their home search on the internet and that the vast majority of sales in San Francisco are originally researched direct from the online Multiple Listing Service. That would be different in some areas, but in SF there is strong cooperation among agents and nobody has proprietary listings.

So, it follows that two things are critically important in choosing a realtor: a/the way in which they actually utilize the web to present their homes and b/their overall comfort level with the web in the way they market their services and the homes they represent.

Agents that don’t put multiple photographs of the property online, so prospective buyers can see what it looks like before they go to the house, are putting their sellers at a big disadvantage. I’d say the more information the better—floor plans, detail photographs, go for it—so long as they are organized so I know what I am looking at. And, don’t do it with a slow-to-load flash presentation on a third party website accompanied with a music track. One of our top choices did just that and it hurt them in the final decision.

Romancing the home is fine (and it can and should be done with good staging and good, well-lit photography—and of course a great verbal narrative!) but it can’t be at the expense of accessibility to the basic information that a buyer is looking for as they click through many listings.

As for web savvy, the realtor we went with didn’t have the flashiest (nor Flash®-iest) website but it was solid. He was one of two, out of 7, who was following me on Twitter prior to the appointment. (The other one sent me an email announcing that they were following me, which is not cool.) He had also researched me personally and knew, for example, of my lack of success in selling a screenplay. (Fortunately he did not offer opinions as to why that was.) And, after we met, he was one of the few who followed up with a PDF version of the presentation.

But this was also the only realtor who sent a personal thank you note via snail mail after the meeting. And he was totally and immediately attentive to follow-up contacts from me or my wife (who was 3000 miles away, making email accessibility essential). In the end, the day was won with smart selling using all the tools available, both old and new.