Flickr image by Sparticus007

vacationing muse returns

after wading through 46 comments posted to the blog from escort companies in kiev, i’m ready to throw some blog spaghetti at the wall and see what sticks.  and no, i didn’t abandon the blog – i was waiting for just the right moment for my muse to reappear and whisper in my ear.

that whispering became an ear-splitting shriek in recent weeks as i’ve talked with brokers from around the country and come to the realization that our industry could be headed for more trouble.  the reason?  the use of social media by agents and the complete disregard or lack of education in how to use these tools properly.

it’s all fun and games until somebody puts an eye out

i’m stoked more real estate professionals are jumping on board the social media bandwagon. they’re starting to recognize how blogs and social networks can impact their business positively by enlarging their marketing influence, reducing their advertising expenses and providing communication with their spheres.  but i’m also nervous that many of them are treating these new tools as if there were new (or no) rules, and not considering how some of the things they say and do in the social spaces can actually harm them.  and their companies.

which “o” are you?

what’s more surprising and more frightening is that brokers and managers have not stepped up to address the possible risks involved with their agents’ use of social media.  i’m seeing posts on facebook that clearly violate most states’ advertising requirements, and tweets that would cause ambulance chasing attorneys to salivate over the chance to sue an agent and company over their breach of fiduciary duty.  not to mention all the possible violations of article 12 of the realtor code of ethics. it’s crazy to say the least.

but what i can’t figure out is why we in management are not doing anything about it. is it because we’re overwhelmed?  the market is tough, deals are harder to come by and make stick, and we’ve got got to nurture and support our agents as they struggle through a difficult market.  surely we’ve got more important things to attend to than to worry about monitoring an agents blog?

or does the problem lie in the fact that we’re oblivious to what’s going on out there? not tuned in to the fact that thousands of agents are rushing to the social media party because it’s the happenin’ place?  sure, we’ve heard of facebook, myspace, twitter and the like – it’s all over the media.  but aren’t these sites for people who have too much time on their hands?  sharing inappropriate photos and talking about what they had for breakfast?  who’d use these networks for business?

the other, more dangerous possibility is that we’re aware of these risks, but we’re choosing to ignore them.  placing our head in the sand like the proverbial ostrich (yeah, i know – they don’t really do this, but it’s a metaphor).  hoping social media goes away, or that our agents will ignore these diversions.  unfortunately, neither is going to happen.  social networking and blogging are not fads, and are not going to go away.  and our sales associates are not going to ignore them, when millions of consumers are using these sites to connect and communicate.  not to mention that agents recognize these sites are a great way to market and prospect.  for free.  not bad in this market

time to face the music

regardless of the reasoning or cause (which “o” are you?), we in management are going to have to accept that these tools can be used effectively for our business, as long as we’ve set some ground rules.  so, if you’ve identified which “o” you are, here are some simple steps to get working on those ground rules:

• overwhelmed – get help.  pure and simple.  this business isn’t going to get any easier, and my experience has shown that it gets more challenging every year.  gear up.
• oblivious – get educated.  the world is changing ever so rapidly around us, and if we’re not in tune with those changes, we won’t be able to adapt.  and if evolution has taught us anything, it’s that those that can’t adapt become extinct.
• ostrich – pull your head out of…um…the sand. thinking social media will go away if we ignore it is on par with thinking computerized mls information was a fad.

call me crazy, but that’s the way i see it.

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