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By James Kimmons, About.com Guide to Real Estate Business

Twitter Could Be Great for Real Estate - Unless We're NitTwits

Wednesday July 8, 2009
I recently posted here about Twitter, and I think that it could be a great tool for real estate professionals. That is, unless we clutter it up with useless information and personal games.

I found a blog that was congratulating certain Twitter Real Estate users for their innovation and great Twitter posts. Here's what I found:

  • I looked at six Twitter sites, with about 20 tweets/page on the first page.
  • Only about 20%, less than two dozen tweets, had any relationship to real estate topics or markets at all.
  • Some talked about percocet, vicodin, getting more followers, updating facebook pages, etc.

New things that get popular quickly are adopted by an early group who tend to sing their praises, and not always about the most important facets. In this case, these real estate professionals are putting items on Twitter that have no value to anyone looking to buy or sell real estate. Some of this is good, with the ability to allow people to get to know you...to a point.

However, when there was not one post out of this 120 that gave any mention of or link to real estate statistics or hard data for these markets, it makes me wonder if the micro-blogging trend will die a quick death from lack of interest from people who might actually become real estate clients. To give credit where it's due, one broker had mostly real estate related Tweets, and I liked that page. However, since his was about a dozen of the 20 or so, that doesn't say a lot for the others.

One of the reasons some gurus say that Twitter is a great tool is that it allows this micro-blogging of breaking news. That's great, unless it's news about how many Coronas you've consumed, or burgers, or your nail appointment, or how to add 100 followers/day to not read the uninteresting stuff you're tweeting. How about a tweet every day with a digest of the previous day's market activity, or current market inventory numbers?

Comments
July 8, 2009 at 12:37 pm
(1) Skip Stamper says:

Amen! Your comments are valid. Current Real Estate stats reporting is a great idea and one worthy of reporting/twitting. I will give it a try for my followers.

July 8, 2009 at 1:01 pm
(2) realestate says:

Thanks for the comment Skip. As more real estate professionals get into Twitter, I hope we’ll see more hard news and statistics.
Jim

July 8, 2009 at 1:13 pm
(3) RealtyBacks says:

Good point. Using tools to separate the wheat from the chaff is the name of the game.

July 9, 2009 at 2:26 am
(4) Jenny Roberts says:

I agree with you whole heartedly. Our Clarus MarketMetrics tool allows agents to generate market trends pulled directly from their MLS and then upload those jpgs to social media sites. Now is the time to educate not advertise….but rather “edutize”.

July 9, 2009 at 9:00 am
(5) realestate says:

Thanks for the comments. Jenny, our MLS is too small to get most of the good stuff. Sounds like something I’d use here…oh well.

Jim

July 9, 2009 at 1:41 pm
(6) Kenneth G Smith II says:

Totally agree. My AccuriZ post are 9 times out of 10 dedicated to real estate information, new blog post, news feed, helping other businesses, tips etc. The more I get followers the more I see most agents don’t talk about anything. Just jokes.

September 30, 2009 at 10:21 am
(7) Doug Patterson says:

You hit the nail right on the head, James! I agree totally.

Doug

September 30, 2009 at 12:23 pm
(8) realestate says:

Thanks Doug. I appreciate you reading and commenting.

Jim

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