The Relationship Between Twitter And Real Estate

If you happened across this blog on the relationship between Twitter and real estate, then I hope you will chime in with your opinion on how the two go together. On the other hand, if you are a regular reader of the Tallahassee Real Estate Blog, then you might wonder just what the heck this “Twitter” is and why it made it here anyway.

Twitter is a social networking and microblogging service that allows users to publish “tweets” or short blogs of 140 characters in length in order to pass a message on to the world. So what?

The Key Benefits Of Twitter

The 140 character limitation in twitter “tweets” seems to be the aspect of the system that made it go crazy on the internet. It has grown to be a dominant force in social networking and many people (even people you know) are using it to broadcast “what I’m doing” at multiple times per day. But where is the benefit of this in real estate?

Some of the key benefits of Twitter that might be of value in real estate (or any business for that matter) include:

• Immediacy – If you are trying to broadcast important information to the world, you can use Twitter from your cell phone, computer, or any internet device and publish your message. While you can do this with email, the information only goes to the group that you sent it to, whereas with Twitter it goes out to all of your followers.
• Retweeting – If you send a message that somebody else sees and like, they can easily send it to their followers. This is how information can go viral, quickly. It is how I found out the Silver Slipper (a landmark restaurant in Tallahassee) closed its doors forever.
• Public conversations – Since everybody following you can see your tweets, and you theirs, it’s like walking around in a gymnasium with everybody talking. If you find a conversation that interests you, you chime in (immediately) and nobody is offended by the interruption. If you want to know more about a current event, you can usually find it being discussed on Twitter.
• Brevity – Because each message is only 140 long, you have to make your point. Fast. So a lot of the “verbal vomit” that floats around on TV and the internet has to be reduced for value, or it will be ignored. I like that!
• Discovery – Many say that Twitter is super efficient at delivering information and that if you monitor Twitter on a regular basis, you will always be “the first to know.” I’m not so sure that is that important to me, but again, I did find out about the Silver Slipper through a tweet.
• Searchable – If you want to know what people are saying about something (like a business or maybe even yourself), their are tools that help you work through the millions and millions of tweets. You can even automate different searches and have them deliver information to you on a regular basis, so that you are informed on breaking news on the subjects of your interests.

Twitter and Real Estate

So, with all of the benefits, how do we see them helping or changing the real estate industry? The quick answer is … huh? Maybe data publication. Mayble product promotion. I’m not sure. I’d love to get your feedback. Here are a few tweets that I have published to the 2,100+ followers that I have on Twitter:

• Have you seen the new models at 830 East Park Avenue? 2BR: http://jijr.com/hrAR 1BR: http://jijr.com/hrAS, they are DowntownTallahassee!
• Lots of activity on the Tallahassee Real Estate Newsletter today http://tinyurl.com/c5q6ok
• Tallahassee Home Inventories Finally Dropping: See Graph http://tinyurl.com/cdbr5p
• need to build a cool volcano with my daughter for science class, any great web sites/sources out there?
• Florida Economic Forecast From UCF http://tinyurl.com/cn5md29:24 AM Apr 17th from web

If any of these tweets (notice that they are all under 140 characters long) spark your interest and make you want to click the link, then you are a great candidate to sign up for twitter. Once you do, don’t forget to add @HousingReporter as your friend (just click to follow once there).

Readers Comment On How Twitter Is Changing Real Estate

Tell us what you think! Is Twitter having/going to have an impact on real estate? Use the comments section below and tell us what you think.

Please click here to tweet this to your friends!

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