YouTube and Facebook latest weapons in property market

This is an interesting article in The Sunday Mail, a Queensland newspaper. Light on details but it does show that Australian agents are becoming more innovative online.

http://www.news.com.au/couriermail/story/0,20797,24117506-8362,00.html?from=public_rss

Whilst Australian agents are good adopters of technology in general, suprising I have found them quite resistent to the use of web 2.0 technologies. For example, there really are very few australian agents who run a blog. When compared to the USA for example, the adoption of these technologies in Australia is very slow, and yet subscription to portals and the general realisation of the value of technology to an agency is in general very high.

As we do business around the world I am constantly impressed with the relative sophistication of agencies in Australia. I think it would be fair to say that Australian agentcies are perhaps 2nd to the USA is adoption and use of technology, but also in the professionalism of the way that real estate agencies are run. I am not sure of the reason why they are so slow to adopt web 2.0 technologies, but one thing is for sure. If Australian agents do not start to seriously look at these technologies, over the next few years they will no longer be world leaders.

Web 2.0 continued…to blog or not to blog?

Another common web 2.0 ‘feature’ is the blog. While this concept has been around for many years, it only seems to be a recent feature for businesses. A blog is an online journal of commentary and chat, and usually people have written blogs regarding social ideas and life in general – for example travel blogs. However the corporate world has now taken up blogs as an innovative way to promote their company, products and services.

The best thing about a blog is that it enables organizations to build an informal dialogue with their clients and prospects. For example, General Motors runs a blog that discusses topics ranging from auto racing to car design. In the property industry, individual real estate agents are using blots to promote their experience in the market, property developers are keeping buyers in touch with new developments and so on.

Brightfox has built several websites recently that have incorporated the blogging feature, which enable the agencies with limited technical knowledge to blog for themselves as a way to keep in touch with their clients and maintain a leading edge.