About one in three real estate contracts were canceled in January, up from 9 percent the previous year. Lowball appraisals are most to blame, agents say.
A recent article at Zillow points out how home owners may be able to improve their appraisal:
Gather about six comps ahead of time. Appraisers will pull their own comparables of recent sale prices to help determine the home’s value, but real estate professionals can walk sellers through at least six comparables beforehand in educating the seller about pricing the home. This can help prepare them for what an appraisal might show later too.
Show off upgrades. The appraiser will inspect the property and sellers and their agents should carefully consider what separate the homes that are similar from theirs. This may include a finished basement, the biggest yard on the block, or maybe its location in a scenic area. Sellers should “respectfully tell [the appraiser] what you know,” treating them as a member of your team, says Sara Stephens, president of the Appraisal Institute. “It will increase the odds of your getting a fair and accurate assessment.”
You can appeal an appraiser. Believe the appraisal was unfair? Most lenders allow home owners to challenge an appraisal they feel wasn’t done correctly, but home owners can just say their home is worth more as their sole justification. Home owners will need to prove an error or omission, such as comps that should have been taken into consideration but weren’t (another reason to review those comps before). Home owners can also take their complaints to the state’s appraisal board if they feel their case isn’t being properly reviewed.
Monthly Archives: March 2012
Current Trends in SEO: From Tactics to Strategy | Bedford Corners NY Real Estate
Out With The Old & In With The New!
The SEO market is changing. As I mentioned in “3 SEO Changes Rattle SEOs and Bloggers Alike“, these changes are for the better but not necessarily easy!
When SEO first started, you could rank just by keyword-stuffing your meta tags. Once that was phased out, there was a period when you could easily get ranked by link spamming. Those days are over as well. Both of those practices will now get you penalized not rewarded!
Today, SEO is rapidly moving in a new direction. Here are some of the many trends active in today’s world of SEO.
==> Moving Away: Keyword Density, Keyword Strategies
There were a few strategies that were popular a few years ago that simply don’t matter today.
Keyword density more or less doesn’t matter anymore. A few years ago, experts recommended trying to keep your keyword density somewhere around 3% to 6%. Today, it truly doesn’t matter so much.
In the past experts also recommended bolding your keywords in places or using your keywords in your subheads. Again, this doesn’t play as much of a role as it did in the past.
Like keyword stuffing of old, today severe “over-optimization” can actually hurt you!
Keywords still matter however and being smart about them will help you in many ways.
==> Moving Towards: Multimedia
Using videos, audio and web presentations is becoming an increasingly effective way to gain rankings in the search engines.
Building a strong reputation using multimedia takes time. The idea isn’t to try and launch one viral video and be set for life. Instead, the idea is to do a podcast every week, or a video every week until you have a solid reputation built.
The more often you can publish, the better. High quality videos and audios generate a lot of backlinks, especially once you have a strong reputation.
Not only is YouTube’s voice recognition technology leading to increased SEO relevance for videos… but the ability to upload a “closed caption” text script gives Google everything it needs!
==> Moving Away: Low Quality Links
Many of the low quality link tactics that worked even just a year ago are weighed very lowly today.
For example, links from article marketing are weighed very lowly today. Writing a bunch of articles and sending them to EzineArticles or GoArticles simply won’t do all that much for your rankings. In fact, EzineArticles itself was hit very hard by Panda in 2011 (though it is starting to recover).
Another example is social media profile links. Links from easy-to-create profiles no longer send much link juice. The same goes for comment links when compared to editorial links.
Many people think link building is dead which is far from the truth. Plentiful, high quality backlinks remain a leading factor in SEO but the old methods of attaining them such as link farms and purchased links are dead.
==> Moving Towards: Quality Indicator Metrics
Google is using more and more metrics to try and determine whether or not your site is a high quality website.
How does Google do this?
One metric it looks at is how often people come back to your site. It looks at how often people stay on your website. It looks at the ratio of content to advertisement on your site.
Another way is to look at social indicators such as number of tweets, number of Google+ shares, number of Likes…. and in particular if any of those came from “influencers” in your industry.
Google looks at literally hundreds of different factors and tries to determine whether or not your site is high quality.
As I mentioned here, there are a number of ways to improve the way Google views you and it important to keep this in mind!
It’s very hard to fool Google’s artificial intelligence, especially since so little is known about it today. The best way to rank in the new world of SEO is to just give Google what it wants: high quality content and real relationship connections.
This article originally appeared on Just Ask Kim and has been republished with permission.
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Chappaqua Realtor Robert Paul | Social Media and Influence: Don’t Forget the Offline
Image courtesy of Shoot
There was a time (not too long ago) when brands were learning the value of considering how customers are behaving online – learning from them, listening to what they are saying and engaging with them. Now we have reached a stage where this kind of benefit and learning is commonplace. In different ways and for different reasons, brands are listening to, learning from and engaging with people online. And they are getting huge benefits from this.
But with these changes and benefits comes a word of caution – just because it is often easier to find, identify and engage with people online we shouldn’t forget the offline. In fact the real benefit comes from when these two work together.
Social tools allow us to find people, sites and conversations that are influential – on a particular topic or with a particular audience. They allow us to get a more nuanced view about things (people might be influential on a very specific issue only, or for a limited time). And to some extent the automate this process. We can debate the concept of ‘influence’ and the way tools from Kred to PeerIndex and Klout measure it another time (and there is a debate to be had). But what is clear to anybody is that when it comes to the influence somebody has over others the lines between the offline and the online worlds are not just blurred, they overlap.
Let’s look at just two stories (based on work we have done with clients at FreshNetworks) that show the importance of offline to your social media influencer programmes.
1. The critical friend online; influencer offline
We had a community of influencers – a private space where these key customers were being talked to and asked their opinions on new products and services, potential changes to these and about the brand. A small tight-knit community of people chosen specifically on their propensity to recommend or influence others to buy from the brand.
In this mix was one customer who was usually only ever critical – they would be negative about ideas, critical of developments and were not evidently engaging in conversations about the brand externally. We thought this person might have made it into the group by mistake – they were not acting as we expected an influencer or brand advocate to act. It was when we brought these influencers together for an offline event that it became clear what was happening.
This influencer was acting as a critical friend online – they were in fact a huge brand advocate and were critical for this very reason (there is some good academic work on this behaviour). But offline their behaviour was very different. From what they were learning online they had converted people across the town they lived in to our client’s services and were even continuing to support them after they had purchased the product – providing support and advice on upgrades and other things to buy.
So this influencer was not exhibiting the behaviours we expected to see online. But by treating them as an influencer and engaging them online we were seeing huge offline impact.
2. How offline events power online influencer
Many influencer engagement programmes rely on engaging people online so that they carry out an action online. Brands talk to them via their blog or Twitter; from time-to-time they might email or call them so they can speak to them directly. But all these communications are one-to-one and don’t really help us bond or get to know each other.
The value of getting your influencers together offline can help to really kick-start their online activity. In one case we had a group of professionals who we knew had the right connections and were leaders in their own fields online but that were not sharing and talking as much as we might expect. One evening in a pub they could all get to changed that. We talked, exchanged ideas, got to know each other as people. We didn’t sell to them, or use nay gimmicks. We just got to know them, and they us. And when they left that evening their behaviour online changed.
That one evening in the pub had helped us to understand them more and helped them to understand us. Not only did just have the connections and respect online, they also had a real bond with us and would grow into useful influencers for the client online.
This article originally appeared on FreshNetworks Blog and has been republished with permission.
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