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Social Media and Real
Estate Trends for 2013
Social Media and Real Estate Trends
              for 2013


•   For many real estate and
    mortgage professionals in
    Canada, 2012 will always be
    remembered as the year when
    the housing market finally
    reached a bottom in terms of
    property prices.
Social Media and Real Estate Trends
              for 2013




•   This event triggered a budding housing market recovery in key
    metropolitan areas like Toronto and Vancouver, and healthy activity
    in other areas is a good indicator that 2013 will see even greater
    improvement.
What to Expect in 2013

         • Over the last few years, the housing
           market in Canada was undermined
           by pessimism and a lack of activity.
           For many housing and mortgage
           professionals, the economic
           downturn during the Great
           Recession was a period of reflection
           and introspection.
What to Expect in 2013




•   Many lessons were learned about the excesses of the early 21st
    century, and one of the most prominent mistakes of the housing
    bubble was the irrational belief that it would last forever.
What to Expect in 2013


•   As we came to find the hard way,
    the housing market grows and
    contracts in cycles. According to
    various experts and analysts, the
    housing market will most likely
    continue to recover in 2013, but
    at a measured pace.
What to Expect in 2013

         •   There are no forecasts past the end
             of 2013, and it is better to cautiously
             approach the recovery. The cyclical
             nature of the housing market tends
             to reward early participants, which
             means that those who expect to
             profit from this industry should
             prepare their marketing strategies
             now.
What to Expect in 2013




•   Many aspects of housing transactions, from listing to closing, are
    taking place online. The Web has been the starting point for most
    house hunters for years; this will continue in 2013, but the
    expectations will be much higher.
Strong Web Presence Thanks to Social
                    Media
•   Every home that goes on sale in
    2013 must be listed online, but the
    listing must have quality real estate
    content to support it. In the past, a
    Realtor was happy with simply doing
    some offline marketing to direct
    prospect to a website where they
    could flip through listings displayed
    by a Multiple Listing Service (MLS)
    plugin. Home shoppers are looking
    for a lot more than that these days.
Strong Web Presence Thanks to Social
               Media
               •   House hunters have greater
                   expectations in terms of the quality
                   of information that is given to them.
                   Realtors are looked up to as
                   experts, and they can expect to be
                   put to the test in 2013. Home
                   buyers and sellers know that they
                   can always negotiate among
                   themselves and come to an
                   agreement on the price; what they
                   are looking for is true expertise and
                   resourcefulness, and this is where a
                   strong Web presence comes in.
Strong Web Presence Thanks to Social
                 Media




• In 2013, home shoppers will be announcing their intentions to
  their social media circles. They will vet their Realtors by going to
  their websites and reviewing the content they have published
  therein. First-time home buyers will have many questions, not
  only about their purchase but about real estate in general.
Strong Web Presence Thanks to Social
                 Media




• They may turn to their social network in this regard, but they
  expect to see rich answers to their queries prominently displayed
  on the websites of their Realtors.
What to Expect in 2013



• The success of the housing market in 2013 will strongly depend
  on the interaction between buyers, sellers and the professionals
  who bring them together. With the proper use of social media
  tools and the Web, we can expect a smooth recovery.
Further Reading…
• Doug Heldman Real Estate Homeward Broker
  is Toronto’s real estate expert. Let him
  and his team help you move into your
  dream home, in that desirable Toronto
  neighbourhood. Visit
  http://www.dougheldman.com/ today!

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Social media and real estate trends for 2013

  • 1. Social Media and Real Estate Trends for 2013
  • 2. Social Media and Real Estate Trends for 2013 • For many real estate and mortgage professionals in Canada, 2012 will always be remembered as the year when the housing market finally reached a bottom in terms of property prices.
  • 3. Social Media and Real Estate Trends for 2013 • This event triggered a budding housing market recovery in key metropolitan areas like Toronto and Vancouver, and healthy activity in other areas is a good indicator that 2013 will see even greater improvement.
  • 4. What to Expect in 2013 • Over the last few years, the housing market in Canada was undermined by pessimism and a lack of activity. For many housing and mortgage professionals, the economic downturn during the Great Recession was a period of reflection and introspection.
  • 5. What to Expect in 2013 • Many lessons were learned about the excesses of the early 21st century, and one of the most prominent mistakes of the housing bubble was the irrational belief that it would last forever.
  • 6. What to Expect in 2013 • As we came to find the hard way, the housing market grows and contracts in cycles. According to various experts and analysts, the housing market will most likely continue to recover in 2013, but at a measured pace.
  • 7. What to Expect in 2013 • There are no forecasts past the end of 2013, and it is better to cautiously approach the recovery. The cyclical nature of the housing market tends to reward early participants, which means that those who expect to profit from this industry should prepare their marketing strategies now.
  • 8. What to Expect in 2013 • Many aspects of housing transactions, from listing to closing, are taking place online. The Web has been the starting point for most house hunters for years; this will continue in 2013, but the expectations will be much higher.
  • 9. Strong Web Presence Thanks to Social Media • Every home that goes on sale in 2013 must be listed online, but the listing must have quality real estate content to support it. In the past, a Realtor was happy with simply doing some offline marketing to direct prospect to a website where they could flip through listings displayed by a Multiple Listing Service (MLS) plugin. Home shoppers are looking for a lot more than that these days.
  • 10. Strong Web Presence Thanks to Social Media • House hunters have greater expectations in terms of the quality of information that is given to them. Realtors are looked up to as experts, and they can expect to be put to the test in 2013. Home buyers and sellers know that they can always negotiate among themselves and come to an agreement on the price; what they are looking for is true expertise and resourcefulness, and this is where a strong Web presence comes in.
  • 11. Strong Web Presence Thanks to Social Media • In 2013, home shoppers will be announcing their intentions to their social media circles. They will vet their Realtors by going to their websites and reviewing the content they have published therein. First-time home buyers will have many questions, not only about their purchase but about real estate in general.
  • 12. Strong Web Presence Thanks to Social Media • They may turn to their social network in this regard, but they expect to see rich answers to their queries prominently displayed on the websites of their Realtors.
  • 13. What to Expect in 2013 • The success of the housing market in 2013 will strongly depend on the interaction between buyers, sellers and the professionals who bring them together. With the proper use of social media tools and the Web, we can expect a smooth recovery.
  • 14. Further Reading… • Doug Heldman Real Estate Homeward Broker is Toronto’s real estate expert. Let him and his team help you move into your dream home, in that desirable Toronto neighbourhood. Visit http://www.dougheldman.com/ today!