|
In the past five years, there's been a definite change in
the way real estate professionals embrace new products, marketing and business
expansion efforts online. Who would have imagined five years ago the terms
"wireless", "modem" and "instant messaging" would
be part of an agent's daily vocabulary - or that over 50 percent of homebuyers
would turn to the Web to search for their next home. Yet, as technology
advances, these very breakthroughs can sometimes seem overwhelming to a real
estate professional trying to sort through all the new products claiming to
"revolutionize" the industry. At REALTOR.com®, the official site of the
National Association of REALTORS®, operated by Homestore.com, Inc., our goal is
simple: to provide professionals with world-class media and technology
products to increase leads, improve operating efficiency and maximize
productivity. Working hand-in-hand with the industry, REALTOR.com® is
committed to developing the tools and innovation necessary for our clients -
real estate leaders – to thrive in a rapidly changing economy. REALTOR.com® is building this framework under four major themes:
The Top Consumer Site
REALTOR.com® offers professionals one of
the most effective ways to market properties online and a range of tools to
attract the homebuyer's interest. REALTOR.com®
is #1 in site visitors, minutes per visit, content, online distribution and
industry relationships. With over 1.5 million listings and critical home-related
content, it's no wonder more consumers spend more time on REALTOR.com® than any
other site in the category. With half of all homebuyers using the
Internet in the process of buying and selling a home, it's important for
professionals to look at how they spend their resources.
For instance, compare the money allocated to traditional advertising,
such as newspaper classifieds. Instead of reaching circulation rates in the
hundreds of thousands, subscribers on REALTOR.com® are marketing to millions of
captivated consumers, helping generate more opportunities for more leads. Professionals can also choose some unique solutions to court these millions of homebuyers. For example, an i-LEAD(tm) Web site from REALTOR.com® is a customizable, multi-page site for brokers and agents, helping REALTORS® attract, connect and communicate with potential clients. An i-LEAD (tm) Web site also integrates with the industry's leading technologies such as TOP PRODUCER6i®, the leading marketing and contact management system for real estate professionals. With an i-LEAD(tm) Web
site, subscribers can enhance their listings with multiple photos and virtual
tours, meeting consumer demand for quality imaging online. Subscribers also have
the ability to advertise open houses on REALTOR.com® and use Homestore(tm)
Messenger, powered by REALTOR.com®, to communicate instantly with consumers
browsing their listings. Key Strategic Alliances
REALTOR.com® is pooling resources with the
industry to forge strong, sensible joint ventures integrating top technology and
engineering leaders. With
Homestore.com Inc's recent acquisition of world-class real estate technology
companies like TOP PRODUCER® and WyldFyre(tm), and alliances with specialists
like RE FormsNet, FIRETAP(tm), and iPIX®, it's clear the framework is being
built to meet the needs of the industry long-term. Through REALTOR.com's® collaboration with
NAR and other industry leaders, another innovative solution is being developed-REALTOR.comsm
- an online system that will help agents manage the more that 20 arduous steps
of the real estate transaction for their clients. eREALTOR.comSM will provide,
among other things, an automated scheduling and workflow engine, an order center
linked to real estate brokers' key trading partners (including title and escrow
service providers, mortgage brokers and inspection companies) and an electronic
document storage and transaction archive. Increased Product Development
REALTOR.com® is investing in their clients'
futures by developing an unparalleled assortment of technology tools customized
and dedicated to real estate professionals. These products are designed to
increase productivity and put money back into the pockets of professionals. Brokers and agents are already using top
products from Homestore.comTM companies in their everyday business. For
instance, professionals can use TOP PRODUCER6i® to create sophisticated sales
presentations and deliver them from their desktops, WyldFyreTM Listings to
download MLS information, and HomeTour 3600
to create virtual tours and other imaging products to improve the online
home search for the consumer. Mobile solutions for REALTORS® are also gaining
momentum, like MLSPhone, a software tool that allows REALTORS® to access
real-time MLS data direct from the MLS using a data-enabled phone. Superior Customer Service
Finally, REALTOR.com® strongly believes in
supporting its customers – from the novice to the Internet savvy - to help
everyone take advantage of making the most of the Internet.
At the end of the day, the best tools are useless if they do not address
the day-to-day business styles and tactics of agents and brokers. At REALTOR.com's® new state-of-the-art customer care center in Scottsdale, Arizona, hundreds of service associates tend to the questions of these customers nationwide. Whether requesting information on adding photos to an i-LEAD Web site or inquiring about buying wireless products, REALTOR.com's® service managers can walk customers through many options to help run their business more efficiently and effectively. REALTOR.com® also hosts thousands of face-to-face Internet training sessions in the field each year to guide customers to increased productivity and profitability. Since we've only witnessed the beginning of the commercial Internet, it may be hard to grasp its full significance. In the years ahead, REALTOR.com® will continue its commitment to the industry and the industry professional - no matter what new trends or technology windfalls arrive - with inventive solutions to improve their business. If the next five years are anything like the last, these innovations could fundamentally transform the way we do business all over again. |






