Brightfox Launch New Mobile Website Service

Brightfox today announce the launch of a new service called R.E.Mobile to build websites compatable with and optimised for viewing over mobile phones. The new R.E.Mobile service makes it very easy and cost effective for any property firm to quickly create a full mobile compatable website within weeks. Brightfox will take the existing content, including dynamic listing data for real estate offices, and build a searchable mobile friendly site that will enable the millions of mobile phone users to visit and search for properties or projects.

For more information on this product, and an example of a R.E.Mobile website, go to http://www.brightfox.com.au/au/remobile.asp

Australia cracks down on real estate agent activity

The ACCC (Australian Competition and Consumer Commission) is launching a crackdown on real estate agents. It is proposing changes to the Trade Practices Act the will enable it to prosecute agents to break the law.

“It is proposing fines of more than $1 million for companies and up to $220,000 for individual agents that underquote, use dummy bidders at auctions and airbrush photos of properties.”

You can see the full article on Yahoo 7 here – http://au.biz.yahoo.com/090719/31/27hmd.html

How to measure if your website is successful

This is an excerpt from one of our weekly emails sent FREE to subscribers of the 50 Bright Ideas email campaign. To read this article in full, and to get another 49 great tips and action lists on how to improve your property business, visit http://50ideas.brightfox.com.au and sign up – it is free. “Last week we talked about using Google to promote your business. We will talk more in coming weeks about how to optimise your website design to improve search engine results. But we digress this week to answer a question from one of our readers regarding last week’s email. Charlotte asks us:

“Thanks for the information on Google. I understand a little more on how I can use it to increase visitors to my site, but how do I know if it is working or not?”

This is a good question, thanks Charlotte, and the answer to your question is this week’s Bright Idea.

So you’ve built a website and spent money on Google Adwords, how do you know if your website is working? To get the best out of your online marketing you need to understand the basic metrics that are used to measure the performance of your web site.

Most web development firms would point you immediately at a weblog statistics package that will analyse the technical details of how many visitors came to your site, how long they stayed and so on. This is all important, and we discuss it below, but we believe in analysing the success of your site more deeply than this. We recommend that you use three forms of measurement. They are:

(a) Lead Tracking: There is nothing more important to your business than generating actual leads that convert into sellers, purchasers, tenants or landlords. The true and absolute measure of any advertising medium, including your website and online marketing, is the amount of business your website generates.

We would say that a website that brought 10 leads is better than one which brought a million page views but no new potential clients. I think this is pretty obvious to us all however, we have found that many clients fixate on the web traffic analyses and don’t track nor analyse the number and quality of leads generated from the site.

So the number 1 measure of success is simple: the number of leads and the % of those leads that convert. We recommend that you track both and report on them weekly.”

To read the rest of this article and to get a detailed action list of how to measure success on your website, subscribe for FREE to http://50ideas.brightfox.com.au.

Where to find some great tips on using technology in realestate?

If you are involved in real estate and you use technology (who doesn’t) then you need to sign up for our 50 Bright Ideas weekly email. Covering everything from CRM, how to build a great website, how to carry out email marketing, how to generate referrals, how to use youtub.com, facebook.com and twitter.com in your business and much much more.

Some great ideas in here – but also and most importantly, it is packed with action steps and templates that make it very easy for you to get started.

So if you want 50 FREE Bright Ideas for real estate marketing, go to http://50ideas.brightox.com.au

What is Viral Marketing and how to use it in property marketing?

Week two of our 50 Bright Ideas emails featured Viral Marketing. Here is a short excerpt:

Last week, we talked about the importance of keeping in touch with your prospects and clients on a regular basis. We hope that you carried out the action list and sent at least 1 newsletter to your list. Thank you for all those who included us in your mailing list and sent us a copy of your emails. Well done to those who did the actions!
 
This week, we are covering Viral Marketing.
 
As you already know the Number 1 method of increasing your business, cost effectively and easily, is via referral.

So the question is, what are you currently using to cultivate referrals in your business?
 
In this email, we have created an interesting way to improve your opportunities to get more referrals from your satisfied buyers without even asking for it!
 
Saying that, it is important that you should always ask the following question, at every opportunity:

“Who do you know that is looking to buy a home or an investment property in the next 3 – 6 months?”
 
If you click on the link given below you will be taken to another download page where you can download 2 more templates that we have developed for you which will improve your referral pipeline via a method called “Viral Marketing”. …..

To read this article in full, sign up for the 50 Bright Ideas free weekly email. Each week we showcases some of the best ideas from around the world on property marketing, and we also give you the steps required to implement these ideas into your business. So what have you go to loose – register today.

http://50ideas.brightfox.com.au/

50 Bright Ideas launched to help and guide Australian & New Zealand Real Estate Industries

It is a tough market out there and we know that many agents are finding business difficult. To assist agents and agencies on improving their business in these tough times, we have recently launch a free weekly email called ’50 Bright Ideas’ which will send a new business idea to agents each week. Each week we will email a new business idea used by one (or many) of the leading agents around the world. Having recognised however that an idea without execution is a wasted idea, we are also including suggestions on how to implement the idea into your business.

So in a nutshell, our ’50 Bright Ideas’ campaign is a FREE weekly email that all agents and agencies can subscribe to, that send you a great new business idea and suggestions on how to implement the idea into your business.

You can register for these Bright ideas by visiting http://50ideas.brightfox.com.au/ .

We have seen many companies selling similar information for well over hundreds of dollars. However we have decided to impart this knowledge for Free. When you sign-up for 50 bright ideas you will also receive 3 professionally designed HTML templates that you can use immediately – straight out of the box.

Of course we don’t think for a second that we are the only people with great ideas on how to run a real estate business, so if you have suggestions or would like to contribute to our weekly emails, we would love to hear from you. Simply email us at 50brightideas@brightfox.com.au.

Using QR codes in real estate

If you live outside of Japan and don’t know about QR code you are not alone. They are effectively a new form of the standard bar codes that we all see at supermarkets everyday. The essential difference is that a QR code can contain a lot more information than a standard barcode and it has evolved into main stream use.

In Japan you will see QR code on posters, magazines, bus timetables, busines cards and so on. So what do they look like and how are they used?

Here is our Brightfox QR code

QR Code for Brightfox
QR Code for Brightfox

If you had a QR code reader, this image would tell you one thing – namely our website address – www.brightfox.com.au

So if you have a QR code reader on your mobile phone you can simply take a picture of the above QR code and your phone will then popup our website address and a prompt as to whether you would like to visit the wesbite. Pretty cool I think you would agree.

So what possible uses does this technology have in the real estate sector?

Here are a few ideas that we are working on here at Brightfox:

– insert the QR code on signage so that a prospect can be taken direct to the property or project website. This is particularly useful if you have a mobile phone ready website. Prospects can be standing outside a home and be browsing images and descriptions immediately.

– place a QR code on your business card. This is particularly beneficial if you are doing business in Asia as it provides an easy means to grab your essential details.

– use a QR code in advertising, whether in newspapers or magazines. For example, why not insert a QR code into advertisements for First Home Buyers that takes them to a unique website that enables them to register for a special offer. You capture the prospects details and hit the target audience with a technical wow that really makes you stand out.

If you would like to learn more about QR code and how you can use them in promoting property, give us a call.

Top Agents say – “It’s Lonely at the top!”

We are already nearing the end of February 2009. So the question is :

“How’s the Real Estate market been treating you – so far?”

Most of the Top Performing Real Estate Agents (some of whom are our clients) we talk to on a regular basis are  saying that the market is great.

In fact they say it’s Fantastic.

This is exactly the opposite of what the press and the real estate industry as a whole are saying, so I have no doubt that many people find this surprising. So the question is why. Why are these leading agents doing so well when most agents are not? The immediate answer we received was – “because there is no competition”.

They (top real estate agents) said that most of their competition was wallowing in misery about the

  • recession
  • property market going down the drain
  • unemployment being high
  • vendors expectations unrealistic
  • etc

Whilst the average Agents are pulling back their spending, these Elite group of Agents are in fact spending more in:

  • investing in better technology,
  • upgrading their websites and expanding online marketing,
  • adopting new systems and procedures to manage their businesses even better.

This reminds me of the advice given by Warren Buffett – “Buy when others are selling and Sell when others buying”. This mantra has been obviously profitable to the World’s Richest Man.

After discussing with these top producers and the rest of the real estate world, we (Brightfox) have decided to launch an educational campaign – 50 Bright Ideas to Kick start your business in 2009..

This will be launching soon, so if you are interested in learning what these Top guns are doing, keep an eye out..

PS: If you want to join the Priority Mailing list so that you can be informed about this launch, send an email to 50brightideas@brightfox.com.au with your contact details.

How to run effective email marketing campaigns?

Email marketing can be such an effective marketing medium, but all to often customers emails end up as SPAM. So what do you need to do to make sure you next email is one of the effective ones, and not one of those marked as SPAM! Below we have a few simple but essential tips on how to make your next email campaign a success.

First of all lets talk about SPAM. There are some pretty scary statistics about the level of SPAM email in the world today. In fact in a report published in mid 2008 by one of the world’s largest anti-spam firms (Sophos) they reported that only 1 in 28 emails are legitimate (the rest are Spam). Given the rate at which email and spam is increasing, we can assume it is even worse by now. Interestingly the worst two countries for spam origination were the US and Russia. Australia, New Zealand and all GCC countries were not in the top ten.

So what are the steps to ensuring your next campaign is not marked as SPAM.

Rule 1. Ensure you email to a targeted list of recipients only.

There are two ways your email can be marked as SPAM. The first occurs automatically. Ant-spam software scans your email and if it thinks it is SPAM, it will either delete it completely or at least mark it as SPAM. The second is that someones receives your email and then reports you and your email to an ISP or Anti-Spam firm, which can also result in not only the single email campaign, but also all email from you domain name being marked as SPAM.

So the first rule is only send your bulk emails to people who have requested it. If you send bulk emails to unsolicited lists, you email will be marked as SPAM and you may even get Blacklisted (all email from your domain name will be marked as SPAM automatically). 

Rule 2. Personalise your email.

If you reach the recipients Inbox, the next key is to ensure that they read it. The best way to do this is to personalise the content of the email. Now you may immediately think that this means addressing the email to them personally. Yes this is valuable, but the single most important thing is to ensure that the content they receive is relevant to them. A personalised email promoting a new car will not be relevant nor appreciated by someone who contact you enquiring about property for sale.

In terms of property, this means sending relevant property content. If someone has enquired on 2 bedroom apartments for investment, don’t send them luxury waterfront villa’s. No matter how you address the email, this is bad for business. It won’t get you enquiries, but it will get you unsubscribes.

Emailing non-relevant content and offers to your database can be one of the fastest ways to kill your valuable database.

We recommend recording prospects buyer matching criteria and sending only relevant information to each prospect. Our two CRM products, foxEnterprise and foxAdvantage, can do both with ease so this shouldn’t be too hard to implement.

Rule 3. Always use a relevant but still catchy Subject Line.

In my view this can be the hardest rule to follow. As we all know, we scan our email often quickly, scanning the subject line and making a decision then and there as to whether to read or delete. That split second is often the determining factor in a successful campaign or otherwise.

The hard part is making your Subject Line cut through all of the other emails your recipients get, but not going over the top so that your email gets marked or is viewed as SPAM.

Here is a small sample of words you should NOT use in your subject line:

  • Free
  • Discount
  • Opportunity
  • Click here
  • Call Now
  • Amazing
  • Make Money
  • Eliminate Debt
  • Winning
  • Credit
  • Loans
  • Order Now
  • Special Offer
  • Cash Offer
  • Going fast
  • etc

Pretty much any derivatives of the above are going to also be highly dubious. Also don’t add in explanation marks, question marks and any punctuation, as this will also affect your SPAM rating.

So what is a good subject line?

As with the email itself, it needs to be relevant. So ideally your subject line will immediately identify to the recipient why your email is relevant to them, and hence why they should open it.

So in the example above where we have a prospect wanting a 2 bedroom apartment for investment. The ideal subject line may be: – New 2 bed apartment ideal for investors.

This hits all of the hot points the prospect needs, namely ‘new’ (something they have not seen and also creates the opportunity to get in first), ‘2 bed apartment’ (the right product – so they are not wasting time looking at non-relevant properties) and ‘investment’ (once again relevant product).

So if your prospect got this email, and providing the email itself was sent to a targeted and relevant list, I would think that you would get a high % of opens (the emails are read).

This is an easy example but unfortunately writing subject lines is pretty hard work. So the best idea if you have time to to run trial campaigns. Come up with 2 or 3 different subject lines and use them to different sample groups and measure their effectiveness. There is no metric better than the number of email responses or phone calls that you get from each one to tel you what is working and what isn’t.

Rule 4. Update your CRM software religiously.

Once your mailing lists are out of date, then your emails will start loosing relevancy and their effectiveness will drop rapidly. If you are serious about email marketing you need to ensure your house in always in order – which in this case means your CRM is always up to date.

Savvy Real Estate Brokers are helping existing tenants become property owners

A new niche in the market has become very clear to me over the past month. While there is a very clear and obvious trend amongst brokers to concentrate on the leasing market, there is also an underlying growth in the number of local owner occupiers.

 

On the whole consumer optimism in Dubai is still high. This is the finding of the latest surveys and backed by statistics on spending by the credit card companies, plus my own sole of the shoes experience. A quick stroll through any Dubai shopping mall will show you that the local populace is still out spending in droves. Combine this with the significant drop in prices and many current renters are looking to make the leap and become property owners as their leases expire. This sentiment has be echoed at many a recent bbq or social event.

 

To tap into this lucrative opportunity, the savvy real estate brokers are mining their leasing databases to offer bargain properties to tenants nearing the end of their leases. Brightfox’s automated business processes give users of our Workflow Manager a distinct advantage in this area by tracking every lease expiry and allowing brokers to profile the tenants to understand what property features and pricepoints make an attractive investment opportunity which would see them move from tenant to owner.

 

Just as importantly, it is not to late to take advantage of this phenomenon, as those taking up leases now will also still be in the position to take advantage of the lower prices still on offer when their leases expire 12 months from now.