Entries Tagged as 'facts'

Is Google Taking Over The World?

I’ve had an influx of emails from other local Realtors® lately asking why I use one service or another. First of all, I’m a very frugal person. Stay tuned for Monday’s post for more on that topic. I search high and low for the best resources to use on my site that will provide you, the visitor, with information that will aid you in your quest for understanding our market and finding not only the perfect property, but also the perfect deal.

I find that many real estate agents spend more time worrying about their PageRank and keywords than they do about aiding buyers and sellers in real estate transactions. No matter what business you’re in, don’t let Image Credit: Future NowGoogle take over. After all, the Google code of conduct is simply “Don’t be Evil.” Google may not be evil. After all, the corporate mission statement is “to organize the world’s information and make it universally accessible and useful.” But not everyone plays by the rules, and certainly not everyone conducts business in an ethical way. And Google knows this, which is why the complex algorithms that Google employs are constantly updated and tweeked. The best site is not always the site with the best financial backing or the one that hired a firm for their Google placement.  In fact, most firms that claim to be able to improve your PageRank can’t and really have no intention of doing so.  Even those who are valid companies can only improve your rankings if you have a legitimate site, right?  It’s supposed to all be about content and often it is.  Corporations are learning how to trick Google in order to be placed higher in search results while Google in turn works to improve algorithms to compete these tricks.  It’s a constant battle, and the deeper into bed a company gets with Google, the less (I would guess) that Google would care even though that is a tad evil.  But they are, indeed, first and foremost, a mass-advertising company.  Spend a ton of money with Google and viola, better results for less work (albeit more money).  The image credit for the photo in this paragraph goes to Future Now.

So how does this relate to the emails I receive from other agents and the third-party services on my website?  Real estate is a maliciously competitive industry, especially in these times when agents need to actually work their asses off to make a buck.  Many agents spend countless hours optimizing their sites for Google and many spend thousands of dollars on services promising to do this for them.  The key to high placement in Google appears to be a great combination of keyword-dense articles and links pointing to the site, but Search Engine Optimization, or SEO, cannot be learned in one day and techniques are dynamically changing constantly.

Although this site officially launched as LiveAustinRealEstate.com early this past May, it is already climbing in popularity and Google, as well as my competition, as taken notice.  I have a large amount of agent traffic coming from various agent resource sites that I am active with.  Everyone likes to see what is on other agents’ websites to get ideas for how to improve on their own (naturally).

Here’s where Trulia comes in.  I use Trulia for both the resources on their website as well as for features on my own website.  First of all, Trulia provides me with listing RSS feeds which even our own national, state, and local board of Realtors® won’t do.  I’d love to feature listings from austinhomesearch.com or realtor.com, but the National Association of Realtors® (NAR) is stingy and won’t provide me with this tool.  Using Trulia’s RSS feed sends them traffic and creates links to their site from mine, thus boosting their apparent usefulness and popularity with Google and ranking them higher among your search results.  In addition to Trulia’s RSS feeds, I also use a free widget that displays a graph of home sales.  Although their statistics aren’t as accurate as those from NAR, the Austin Board of Realtors® (ABOR), or Texas A&M, these organizations do not provide me with a quick and easy way to get you, the consumer, the information.  I have a new system in the works, but have been unable to complete the project because my first priority in my business is my clients.  I have some incredible (but challenging) listings right now that need all the exposure that I can get them and I have buyers with some challenging goals and needs.

In addition to the services on my site, Trulia’s strategic methods to place high in a Google search make me want to promote my listings with them.  In fact, all of my listings are featured with Trulia among many other services.  They do a great job of helping me insure that my listings are found by buyers searching in Google and other search engines.

Like Trulia, RealBird has tools that help me run my business effectively and efficiently.  It saves me time by again, providing me with an RSS feed of my listings as well as great listing websites that I can create quickly and efficiently.  These tools allow me to spend my time with more activities, such as promoting my listings and their websites through various other services, my own website, and through my network.  To see what these site look like, visit my 2012 Cueva de Oro, Austin, Tx  78746 listing site.  Their templates are far superior to other sites and aside from that, they don’t charge me an arm and a leg for this service.  I receive so many solicitations for the “best” service out there for Realtors® you wouldn’t believe it.  They all just want a piece of my pocket, and like I said earlier, I’m frugal and spend each penny carefully.  I want the best return for my dollar because it’s the best return for my clients as well.

In addition to the RSS feeds and listing websites, RealBird offers several widgets and services.  One that I use is their map view of my listings.  I find this extremely useful for my website because it provides a quick overview of what I have to offer the consumer and they can quickly link to more information about these properties via my listing websites.

And there are others, like the Altos Research graph at the top of the sidebar, but Trulia and RealBird are the ones I am most frequently asked about.

Agents ask me why I link back to these services without using a “nofollow” tag.  I feel it is ethical to link back to a website providing me and my consumers with a service.  Sure, it may give them a higher Google ranking, but I feel they’ve earned it.  I’ve been working on some widgets myself, and you’d better believe that they will link back to my site for the work I put into coding them!  So many people feel that they should have something for nothing; a mentality that I believe is encouraged by the vast amount of free information to be gained on the internet.  I may be stubborn, but I’m sticking to my principles on this one.  If a site deserves it, I believe that it will have a consistent ranking earned through organic means.  Some site may be at the top now, but they won’t necessarily sustain that placement.  You have to earn your placement as well as the right to stay there.

And if I ever use anything of value from you or your website, you will get proper credit!

In my business I put my clients and prospective clients first.  That means marketing properties and delivering pertinent and useful information first.  I firmly believe that this mentality is what has me climbing the Google ladder and that it will keep me there as long as I work as hard as I do to keep my priorities in aliment with my future success.

My business is still referral-based and I plan on keeping it that way. When my business becomes Google-based, I’m letting Google run my business.  Google doesn’t know Austin Real Estate, just where to find information about it.  They don’t do the real work in my business I do.  It’s still about the services I provide, which includes but is not limited to optimizing listings for search engine placement.

Further Reading
Google, stop lying to us

Now have a great weekend!

Sellers DETACH!

Although Austin isn’t seeing the horror of many other markets (like southern California), the nervousness and hesitation of Austin’s buyers still has us in a buyer’s market.  So in a buyer’s market, what should you do differently, as a seller?

One of the best things a seller can do in any market is detach from your house completely.  This is your most important strategy in a buyer’s market as well.  We know you have more than money invested in your house.  It’s been home to you in the best and worst of times, and you’ve worked hard to improve it and make it the best that it can be.  But in these times, you need to be objective and detach from the house to make it not your home, but a place someone else wants to live.

Don’t take it personally.  Any offer is good.  If you get an offer, it means you beat out your neighbors no matter how low or complicated it may be.  You may not be able to accept the offer, especially if it has a ton of strings attached, but don’t take it personally if you get a low offer.  The buyers chose your house over all the others — keep that in mind.  It could be low for a number of reasons, but it’s not because they don’t think the house is great.  Sure, they will likely make a great deal of changes, but not until it’s their home.  Many buyers who have previously been priced out of the home of their dreams are fishing for a great deal from someone who needs to move on.  You may be in this situation or you may not be, but always remember, any offer is a good offer.  Even low offers open a dialog of negotiations that can result in a sale.  You can always have your agent draft a counteroffer.

Don’t over-price thinking that it leaves you room to negotiate.  Over-pricing puts your house in a pool with other houses that are likely larger with more features so which house in the price range would you pick?  Always put yourself in the buyer’s shoes.  Sellers who over-price end up in a cycle of reductions to actually get their homes sold several headaches later.  Save yourself the stress, it’s worth it.  Price reasonably and competitively to get your house sold more quickly than the competition.  You will be making fewer payments which saves you money even if you don’t actually see the savings.

Be patient with your buyers.  Loans are tough right now and under-writers are struggling to approve many who could have received a loan for almost nothing down not too long ago.  Even pre-approved buyers can be sent through seemingly endless waits for final approval.  Your buyers want to buy a house; it’s an emotional time for them as well.  Don’t panic over financing.  Wait it out.  The deal may not work out, but financing is really out of your control as a seller.

Sellers in Austin may have had it easy a few years ago, but times have changed.  You can still sell your home if you get your house completely ready for sale, price it competitively, detach emotionally, and don’t take it all personally.

Live Austin Real Estate Channel Updated

My Live Austin Real Estate Web Channel has been Updated!

You will always find it at: http://liveaustinrealestate.com/live

I’m always searching for great content and with my new MacBook, I’m looking into giving information about my listings on there as well. This is a brand new media and concept, is there anything you’d like to see? Do you have any great videos (YouTube counts) that you’d like to see added?

The feed should load below:

How Does Austin Rank Among US Cities?

On the Austin Real Estate Headlines Page, I have bee keeping careful watch of how Austin ranks in news stories, polls, and websites. This is really just for fun and based on subjective opinions, but it is very interesting to look at. Plus, those of us who live in Austin know it is deserving of many awards top 10 lists. If I have missed any rankings of this great city, email me or comment!

Austin’s Rankings

    Austin Tops Forbe’s Fastest Growing Metro’s List

    austin real estate, forbes, where to buy, top citiesAustin has been making national headlines lately, and good ones at that. While we hear that the real estate market nation-wide is in a slump, we also keep hearing that Austin’s economy is still strong (even if it is no longer booming). It should be no surprise, then that Austin topped Forbe’s list for big metros.

    Check it out!

     

    Of course, if one looks at economic growth in the country’s largest 100 metros, the usual suspects jump to the top of the list. With an estimated 32% GMP growth from 2007-2012, Austin, Texas, is the winner for big metros. Atlanta, Seattle, Orlando, Houston and San Jose, Calif., also appear high on the list. What do they all have in common? They’re tech hubs with proximity to universities and a healthy increase in population. Austin’s population, for example, is expected to increase by nearly 15% by 2012, according to Moody’s Economy.com forecasts.

    Once again, Austinites, you live in one of the top cities in the nation. Austin is a great place to live, work, make movies, listen to music, and buy real estate!

    2007 In Real Estate - Austin Market Update

    Month

    # Sales

    Dollar Volume

    Avg. Price

    # Listings

    Months of Inventory

    Dec-07

    1,782

    446,231,177

    250,300

    9,866

    4.2

    Nov-07

    1,758

    431,231,177

    245,300

    9,599

    4.1

    Oct-07

    1,878

    450,802,898

    240,000

    11,028

    4.6

    Sep-07

    1,974

    492,426,244

    249,500

    11,379

    4.7

    Aug-07

    2,793

    713,676,456

    255,500

    11,172

    4.5

    Jul-07

    2,954

    742,533,546

    251,400

    10,757

    4.3

    Jun-07

    3,080

    781,567,622

    253,800

    10,351

    4.1

    May-07

    3,002

    737,963,982

    245,800

    9,987

    3.9

    Apr-07

    2,562

    626,175,374

    244,400

    9,385

    3.7

    Mar-07

    2,589

    625,191,435

    241,500

    8,696

    3.5

    Feb-07

    1,902

    443,541,954

    233,200

    7,991

    3.2

    Jan-07

    1,635

    389,728,467

    238,400

    7,784

    3.1

     So what was the real story with Austin’s Real Estate Market?  Is the bottom really going to fall out?  And why hasn’t it yet?  I feel like a broken record sometimes, but the falling prices we keep hearing about on the news are in totally different markets in the east and west coasts.  In these areas, prices flew up by 200, 400, and even 600%.  So it’s really no surprise that home prices have fallen in these markets.  Here in Austin, we’ve stayed smart as always.  Prices consistently rise, on average, 4-6% each year.  What we’re seeing in Austin right now is a slow-down, and after the huge boom we saw that peaked in 2006, it really shouldn’t be a surprise.  Prices were still climbing steadily in this period, but there were many, many more new homes built to meet a rising demand, and do-it-yourself HDTV fans flocked to invest in their own “flip” projects.  At some point in early 2007, supply met demand, but some were still creating supply.  And projects begun late in 2006 still had to be finished before being placed on the market.  Some areas of Austin saw this more than others, and in particular, Central Austin, East Austin, and South Austin saw the biggest booms.  Suburbs saw more production, but not on the scale of these urban areas of Austin.  Now, we’re waiting for demand to catch up with supply.  We are currently in a buyer’s market, but not on the gloom and doom scale of other parts of the country (or even Austin in previous recessions).  If I was thinking of buying a home, I would buy now while deals are good, sellers are willing to negotiate, and the market has some catching up to do.  If I were a seller in this market, I would be ready to be patient, and prep my house to it’s absolute peak, hiring professionals to make sure that everything is at it’s absolute best — the best way to ensure that when a house does sell in your neighborhood, it’s yours.

     I am still confident that there is no reason to panic.  Austin has grown to the point that it can withstand most anything you can throw at it.  We have many, many different industries to sustain us.  There are advantages to out-growing the medium-city way of life and I believe we are seeing it now.  New construction has slowed but is still strong.  The best builders out there will survive and others will move to a different industry.  This is a strong city now!

    Keeping you up-to-date,

    Aria Schoenfelt McIntosh
    http://liveaustinrealestate.com
    (512) 771-1776

    It’s the little things, like Fresh Bread

    Next time you’re at the grocery store, you may want to have a footnote on your shopping list. Bread is delivered to the store 5 days a week, but how do you know how fresh your bread really is? It turns out, the grocer’s code has been broken.

    Check out the colored twist-tie on your next loaf of bread. The color will tell you which day the loaf was delivered to the store (and in alphabetical order):

    Monday - Blue
    Tuesday - Green
    Wednesday - Red
    Thursday - White
    Friday - Yellow

    You learn something every day!