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In This Issue   Free Web Site Evaluation in Red Deer, RealEstateShows.com Discount
  Advertising With Google, Step-by-Step

Create Stunning Internet Commercials in 5 Minutes

Photos From IBC

Coldwell Banker Events Poll

New on the Blog

Four Questions You Must Know the Answer to! By Sheldon Johnston, Edmonton, AB.

     

Phew! We're back from IBC in San Francisco and the Toronto Awards. What a whirlwind! This week is Red Deer, which always proves to be a good ole' western party.

In this issue we are focusing on three tools to help you build your business: Google Adwords, RealEstateShows.com and key additions to your listing presentation. We want to provide something of value in this newsletter, so we've arranged for a 20% discount on "Real Estate Shows" for all subscribers to Network News, we're showing you how to use your $25 Google coupon and offering free web site consultations at the Red Deer Awards, all in one issue!

For those of you going to the Red Deer awards, stop by our table in the hotel restaurant where we'll be set up, online, ready to evaluate your web site. We'll give you all kinds of free advice on content and functionality from about 2pm until shortly before the cocktail reception starts. First come, first served!

Thanks for reading, Sara.
Edmonton (not Calgary), AB

 

Google Adwords Step-by-Step

 
Key Benefits of Adwords
 

Did you know that Coldwell Banker has partnered with Google and our brokers and agents in Canada can get $25 of free advertising from Google right now!??! This is great news, but you have to act quickly to take advantage, you only have until the end of the month to claim your $25 coupon, so here is some information to show just how easy, affordable and effective advertising on Google can be.

At Coldwell Banker Johnston we've been paying for ads on Google since the beginning of December. For about $900 we've gotten over 300 leads, from that 3 deals, 2 listings and 3 referrals with a ton in the pipeline. Considering stats show that a web lead takes 6-24 months to close, we're very excited about the results. Not convinced? Check out this "webinar" created specially for Coldwell Banker - it has some great info and stats and remember you saw it in Network News first!.

What are Google Adwords (aka search engine marketing, aka pay-per-click advertising)? Well, go to Google, and type in a phrase that you hope will bring up your web site. You'll probably find some "sponsored links" at the top of the search results as well as along the right hand side of the screen; these sponsored links are Google Adwords.

Alright, so how does this all work? First, get your $25 coupon - go to www.google.com/coldwell and follow the instructions on the top right hand corner of the page by March 31. They'll then e-mail you a coupon and instructions.

Then you'll need to create a Google "Adwords" account by entering some basic information, including your credit card. This online tutorial completely explains everything you need to know about setting up your campaigns, and allows you to follow along and create your entire campaign while you watch the video.

Adwords advertising is similar to classified advertising - you get a few lines of text, and a link to your web site. You get to target your ad to people located in specific geographic locations. The big difference is you set your own budget - you only pay for your ad when someone actually clicks on it, and you determine how much you are willing to pay each time someone clicks on your ad. You choose a daily budget, so there are no surprises at the end of the month.

All in all it's a highly effective and affordable way to advertise. Before you start advertising your web site, make sure your site offers value to consumers, is optimized to generate leads, and you have a way to manage your .

     
  •  Your campaign is up and running in 15 minutes
  •  You set your own budget
  •  You decide how much you're willing to pay for clicks
  •  You can pause and restart your campaign at any time (when we're away at conferences we just pause our campaign and leads stop coming in
  •  You can track exactly how many people have seen your ads, and how many people have clicked on them, depending on your web site. you can even track your conversion rate (how many clicks turn into leads)
  •  You decide in what geographic areas you want your ads displayed
  •  You decide what keyword searches your ads are shown for
  •  You can modify your campaign at anytime, yourself
  •  You decide what page of your site visitors are directed to when they click on your ad
  •  

    New On The Blog
      Create Stunning Internet Commercials in 5 Minutes
     

    Is Another Commission Lost?

    Great Article on Sales Style

    Coldwell Banker Canada Update - Toronto Broker Meeting

    Canadian Real Estate Forum

    60 Days Into 2006 - How is Your Business Plan Working?

    What's in a Name?

    Good Times at IBC

    Rookie Realtors, Will They Succeed (Part 3)

    Managing Real Estate Relationships

         

    This is the next generation in marketing listings online. Our sellers love these video home tours we've just started doing for our new listings (turn up your speakers when you click the link). The tours are incredibly easy to create - you just upload regular still photos to RealEstateShows.com, add some captions, choose some music, and their software turns it all into a movie in a few clicks. It really differentiates us from our competitors - no one else is doing anything like it in our marketplace. This tool has made and saved us money.

    We subscribed to this service a couple of weeks ago for $125US per year, for an unlimited number of shows (including hosting), and it has already helped us secure a high-end listing. We're also using the shows to demonstrate value for our fee, for example:"If you want a discount on our fees we won't be able to offer this service."

    We are so impressed, I've arranged for Network News subscribers to get a limited time 20% discount on the service. You can sign up for a 14-day free trial at www.RealEstateShows.com and if you do decide to continue the service just enter "sara99" as your promo code when you purchase your subscription before April 30/06 to receive the 20% discount.

    We've also used these shows as part of a closing gift for buyers - take the photos from the listing, dump them into RealEstateShows.com with some nice congratulatory messaging and guess what? The buyers love it, and they forward it on to all their friends and family to proudly show off their new home. Of course, the show has your photo and contact info along with it.

    We've even used it for personal photos - everyone seems to love our IBC collection of photos as well.

     


    Photos from IBC
     
    Coldwell Banker Events - Share your Opinion
     


    Click any of the photos below to see our collection from IBC. Thanks very much to Jamie Troke of Coldwell Banker Ekort in Bellville, ON, and Richard and Brenda Jacques of Coldwell Banker ONTRACK in Sylvan Lake, AB, for sending us their photos. Nancie Mleczko of Coldwell Banker Pinnacle in Hamilton, ON, also sent a few from the Toronto Awards event. If you have any pictures to add, please send them and I'll post them next month with some pictures from Red Deer.

     
     

    And, if you haven't already, check out our IBC Real Estate Show.

         

    At the broker meeting in Toronto we were told that there are no concrete plans for a Canadian Coldwell Banker conference this year. Gary Hockey did say if there was enough interest in a conference they might just put something on. So, if you'd like an event...let them know!

    What kind of Coldwell Banker Canada conference would you like to attend this year?
    Give me another cruise!
    The beach is calling, take me to an all inclusive resort!
    Keep it in Canada.
    Just like IBC in San Fran, tack a "Canada Day" on to IBC in Vegas.
    No conference, I won't go no matter what it is.
      
    Free polls from Pollhost.com
     

    Four Questions You Must Know the Answer to! By Sheldon Johnston
     

    If properly graphed on a PowerPoint presentation, the answer to the following questions is powerful stuff. If you don’t have the ability to make a PowerPoint, send me an email and I’ll send you some templates - you’ll just have to change your name, add your competitor’s name, put in the corresponding figures, and voila! You’ve got these four powerful puppies in presentation format.

    Question #1 - What’s your average selling price?

    You must know the answer to this, even if you don’t use it in your presentation. Further, you must know your competitors' average selling price. If you farm a specific area this is especially important. You can also do this as a company comparison if you are new and don’t have enough sales experience.

    Question #2 - What percentage of your listings actually sold in the last 12 months?

    This is extremely powerful if you graph it, and you or your company has a really high list to sale ratio. Its easy to convey to a client that time is money, so why would they take the chance on not selling on time. Better yet this is a testament to your marketing capability, and should demonstrate why you’re worth more to the consumer.

    Question #3 - What’s the average time it took to sell these listings?

    If you need an explanation as to why is this important see my article on “Exit Strategies”. Again this needs to be compared to against a competitor.

    Question #4 - What’s your list price to sale price ratio?

    This is probably the most important to your seller for obvious reasons. These graphs can be reversed if you work primarily with buyers. The purpose of these graphs is to personalize your presentations and show your value to the consumer. The point is, you are a great agent and your client (or at least most clients) are not clairvoyant. If you tell them this stuff they’ll forget it, or worse yet they'll think you are boasting. But properly graphed, it will make your point and punctuate your professionalism.

     

    Sponsored By:   Final Note
     

    Network News and Coldwell Banker Johnston Real Estate invite you to create your Point2Agent site today, for free.

         

    Have any idea for a story or a poll? How about a funny picture? Let us know. Being featured in Network News is a great PR opportunity, plus, you get a great article written about you to use in your promo materials.

    If you'd like help marketing yourself online, contact me to discuss rates and options.