Interview with Andy Kaufman of MyEastBayAgent

Andy KaufmanWhen the wave of new technologies crashes on the real estate industry, you can be certain that Andy Kaufman will be surfing it in with a smile on his face.

I’m extremely pleased that I get to conclude my series of interviews with the following responses from Andy Kaufman of MyEastBayAgent. I’ve only known Andy for a few months (and I’m yet to meet him in person), but between email, blogging, photo-sharing, and our Skype conversations, he’s become a good friend. He has an obvious passion for exploring the intersection of technology and real estate, and by being located in Berkeley, California, he seems to be near the heart of all things Web2.0.

What inspired you to start blogging?

I was at my good friend Nate Koechley’s holiday party last year and everybody kept talking about flickr & del.icio.us, so I asked him the deal was. He told me to sign up with Bloglines, Flickr & Del.icio.us, use them and then go from there.

I “got

Winding Down 2005, Answering My Own Interview Questions, and Ramping Up for 2006

dustin throwing sasha in yosemiteThe year 2005 is winding down and the next interview that I post will be my last post of a fantastic year as well as my last interview in (what I think has been) a great series of interviews. In addition to all the blogs that I’ve added to my blog reader, I’ve learned a ton from these interviews and I’ve filed away a bunch of ideas for future posts.

I have been requested a few different times in both comments and emails to post my own answers to my interview questions, but this seemed a little awkward. Instead I asked Andy Kaufman if he would be interested in interviewing me and conveniently, he asked the same 10 questions I asked all of my interviewees :). You can see my responses over at MyEastBayAgent .

In addition to being my last post of the year, I’ve also decided to take a few weeks off posting to give some much deserved attention to my wife, and soon enough, our newborn child. However, as I mentioned in an earlier post, Galen has offered to step up to the plate in my absence. If his first post is any indication of his future posting content and style, then I’ve definitely left Rain City Guide in some good hands!

I wish everyone a Wonderful New Years and many Exciting Adventures in 2006!

Interview with Manhattan's Property Grunt

Grunt“This is a blog by a soldier in the trenches of the Manhattan real estate war presenting information and commentary on the market.”

With his his anonymity firmly in hand, the Property Grunt is always good for some no-hold-barred real estate analysis. Reading his blog, I often wished I lived in New York where things seem so much more exciting. From the Grunt’s stories, it is obvious that this person is an experienced and successful agent. Some day the Grunt may be unmasked, but for now, I’m just happy he’s blogging!

What inspired you to start blogging?

First of all I enjoy writing and quickly realized there were many people who were just as clueless as I once was about real estate and I decided to pull the curtains back.

Are there any special topics or issues that you enjoy covering?

I enjoy looking at every aspect of real estate from mortgages to property management. The one thing I do emphasize in my blog is that whether you are buying for personal or for investment purposes you should exercise extreme caution. Real estate is sensitive to many outside forces and it is also illiquid. It is these aspects that get people into trouble.

What have you done to personalize your blog?

The only thing I have done to personalize it is my content. However I will be implementing other features to further personalize it.

Do you have any favorite posts?

I have had so many favorite entries but I have narrowed them down to four.

One of the things I dislike about this business is that the general public is unaware of the various nuances of my profession. This article clearly displayed that ignorance and I was more than happy to educate this writer.
http://propertygrunt.blogspot.com/2005/08/holy-grail-more-like-holy-st.html

This was an incident that actually happened to me on the 4th of July. It was so bizarre and so New York I had to write about it
http://propertygrunt.blogspot.com/2005/07/open-letter-to-whole-foods.html

I was beyond aggravated with this agent for what she did. She was very lucky that she was dealing with me. I knew other brokers who would drop her in a second. It is also indicative of the type of people that gravitate to this business.
http://propertygrunt.blogspot.com/2005/04/poachers-beware-i-will-beat-you-with.html

These were two incidents where I quickly learned that being an agent brings a ton of hazards.
http://propertygrunt.blogspot.com/2005/02/when-gun-misfires-disasters-that-occur.html

What are some of your favorite blogs (real estate or otherwise)?

I have a whole Torah of blogs and sites I enjoy. Anything that is on the Curbed links list which include Inman News, The Real Deal, The Walk Through, and The Matrix. The Realty Gram Blogger and Your Best Agent these are just some of the many other sites I check for news and developments in real estate. Opinionistas is a fantastic lawyer blog and Mimi in New York is another guilty pleasure. And of course a new favorite is the Rain City Guide.

What tools/websites do you find most helpful in putting together your blog?

Honestly, the only thing I have used is blogger. Parts of the design that I have customized is just code I have picked up. I do plan on utilizing dreamweaver and hunt for some javascript that would spruce up the place.

How does blogging fit into the overall marketing of your business?

At this point it doesn’t. I do not use my blog to generate sellers or buyers since I just interested in educating people the best I can. However I am examining other opportunities.

What plans do you have to improve your blog over this next year?

My objective next year is to update the GUI. More on that later.

What is the one tool or feature that you wish your site had?

There is actually a lot of tools I would like to have and I plan on implementing them in the near future.

What do you think real estate blogging will look like 3 years from now?

Everyone in real estate is going to have a blog which will be used primarily as a marketing tool. However there will be factions that will play the Matt Drudge card by kicking open the closets and airing out the dirty unmentionables. Expect a lot of firings and lawsuits in the future.

(Read more interviews with some of real estate’s top bloggers under the Real Estate Q&A category)

Interview with Tim O'Keefe of the Real Estate Marketing Blog

tim o'keefeI’m really glad that Tim O’Keefe agreed to the interview because he represents a different type of real estate blogger. He uses his Real Estate Marketing Blog to highlight the marketing services he provides to real estate agents. I really like that I can turn to his blog for interesting and opinionated posts on how to better market real estate blogs. Like all the real estate bloggers that I’ve interviewed, a lot can be learned from both his style and his content.

What inspired you to start blogging?

As a Search Engine Optimizing Company, I was blogging long before launching The Spider Juice Technologies Corporate blog-http://houseblogger.typepad.com. I tested, wondering if it was given any special priority by search engines. Contrary to what many believe, I found that they are not treated with any more special priority than a typical website.

However, the real difference was that blogs are not static like a typical website. They are usually focused. In fact, the more focused the better as far as positions go. I knew that search engines love content. The more content you offer the more chances that keyword phrases (intentional or otherwise) will get picked up and positioned. That was the hook. Easy publishing, because a blog is just a real simple and easy to operate Content Management System.

I found that that a blog still needs to adhere to the principles of the Search Engine Marketing Triangle. That is at the top of the Triangle, a page needs to have “on-page content” optimized. Most blog software does an OK job of “out of the box”, on-page optimization.

The bottom two angles are about Link Equity or inbound links. Because of RSS and Pinging, blogs can find natural and automatic links that are necessary for a web page to position highly. These links tend to offer much more natural structures into the blog page. I found the system to be beautiful as an additional tool for my clients. So about a year and half ago, I began to test on client sites, as well as launching my own blog .

Are there any special topics or issues that you enjoy covering?

I believe it essential to have an opinion on how to do a business. Otherwise, why hire you or me? The blog allows us to speak directly to our audience. It best be something useful and unique. In the beginning. I did what I find most newbie bloggers do. That is parrot back already over reported information about real estate. BOHHRING!

It became quickly apparent that if this thing was going to be worth anything to my business, that it had to be extremely useful for the reader. So my blog will rant and editorialize various topics to do with SEO, Pay per Click, lead generation/follow-up and anything about online marketing. I rarely will offer anything without giving an opinion. I do that because the blog is my chance to offer my personality on my business.

The typical searcher scans through webpages, looking for something useful. How do they know if it is important? You have to tell them either directly or indirectly. That engages your reader and gets them into you. Guess what? At that point there is a good chance that you just rose above all the other agents out there, and you have etched out a bit of their brain to remember you. Because, your opinion matters to them! This is what gets subscriptions, RSS reads, and of course more traffic.

Authors of articles, or books and publications are given a psychological Authority over their market. There isn’t a whole lot of money in writing books. But write a book and you will be given instant implied expertise. That psychology works with any kind of writing, including blogs.

Another way to say this is that I look at blogging as a way to position ourselves as thought leaders.

What have you done to personalize your blog?

When you have an opinion it is all about personalization. I don’t think personalization is accomplished by taking a picture of me with my family and my cats. It is offering an opinion that hopefully is valuable enough, and persuaded in a way such that the marketplace says we are viable.

I will weave stories from my personal life in order to make a point. I think I have mentioned my wife, kids and even the Youth Football team that I Coach. I don’t believe that I have brought my cats into a post though. LOL

Do you have any favorite posts?

The Bubble and MLS posts are definitely soap box issues for me. I also, have written about various market segments that I think are wide open for growth.

What are some of your favorite blogs (real estate or otherwise)?

Let me go down my RSS Reader- Albion and see- http://michelfortin.com, http://BoldApproach.com, http://sethgodin.typepad.com, http://seobook.com, anything political, and so on. I love reading intelligent and even conflicting opinions.

What tools/websites do you find most helpful in putting together your blog?

Typepad is simple. WordPress and Drupal, rock as far as functionality. I like them for different reasons/features.

How does blogging fit into the overall marketing of your business?

To read me is to know me. My work hopefully pre-frames my readers into knowing that we are experts. There are no surprises. The hardest thing in the world for a business to do is differentiate itself from the other “noise” in the industry. The blog allows you and me to make our expertise a foregone conclusion. Thus, we are able to shorten the sales process and get down to the nitty gritty of doing business quicker.

What plans do you have to improve your blog over this next year?

I will be adding Audio, Video and my blog will be an entry way into upcoming books, and Membership site for the do it your selfer agent.

What is the one tool or feature that you wish your site had?

none.

What do you think real estate blogging will look like 3 years from now?

More integrated into traditional website models.

(Read more interviews with some of real estate’s top bloggers under the Real Estate Q&A category)

Introduction, The CanterHole and other reasons you shouldn't live near a bar

Howdy folks, I’ll be guest blogging here for a while. Like Dustin said, I’m the co-creator of ShackPrices.com. I’m not much for introductions, so I’ll jump right in.

Since Washington’s smoking ban went into effect, I have been happily wearing my nice-ish clothes to bars and generally enjoying the dank, non-smoky smells of the bars near my house. I tell you this because if you live near a bar or are considering buying a place near one, you might soon be savoring the sweet smell (and noise) of smokers hanging out at the door. In densely populated Capitol Hill, the complaints have already begun, as supra-bar apartment dwellers have found that just enough air gets through the cracks in their windows for them to reconsider their hip living quarters. The Stranger reports:

Maybe a case can be made for the enforcement of the laughable 25-foot rule that comes with the smoking ban. Just ask those on the first floor of the apartment building above Canterbury Ale & Eats on 15th Avenue. On Friday night they felt like a chimney for the pack of smokers who gathered outside the bar’s entrance. The Seattle police told one apartment dweller that they weren’t enforcing the 25-foot rule but that the public health department was. Naturally, the health department said the police were enforcing it. Which is it? In practice, none of the above.

I will definitely keep this in mind when I next move. If it’s bad in the middle of December, imagine smoke sneaking into your sealed condo at 7 P.M. on a 90-degree summer day.

On a side note, I went to check out the “smoke-free” Canterbury last night (it wasn’t after 9:30) and met the “Rosa Parks of smoking.” I guess I have no idea what a hard life smokers live.

New Guest Blogger: Galen Ward

In the real near future, I’m going to be taking a break from blogging for a few weeks. However, I didn’t want the lights to go out on Rain City Guide while I’m taking a little break, so I’ve asked a friend of mine (who happens to run a great photoblog) to take over. He happens to be one of the two men behind ShackPrices, the creator of the Google map hack Los Taco Trucks, and an all-around fun guy. I fully expect his posts to be very entertaining.

By the way, I have a few more interviews queued up and ready to roll over the next few days, so keep checking back in for more of those…

Interview with David Smith of The Affordable Housing Institute

David SmithI’d be hard pressed to name someone covering real estate issues who has mastered the art of blogging better than David Smith of The Affordable Housing Institute. His posts are always 100% original, highly entertaining, filled with informative facts, and full of interesting opinions. I simply love that he takes on complex issues, adds a bunch of tangentially relevant graphics and treats his readers like they’re worthy of some intellectual stretching. Regardless of what day you choose to read his blog (he has a new post every day!), and regardless of what issues he’s covering (it might be the French Riots, Rebuilding New Orleans or Terrell Owens), you’ll be sure to be reading a post from someone who has spent years thinking about real estate and housing issues.

What inspired you to start blogging?

Even before blogs emerged as a technology, I’d done blog-like things: written numerous articles, spoken at seminars, established a personal Web site, written movie reviews that I sent to people who expressed interest. All these were blogs-before-blogs. But the blog’s ease and immediacy of posting, plus the unique ability to link to source material, made it an ideal forum for me.

Plus, several people who knew me urged me to. Nothing like peer pressure.

Are there any special topics or issues that you enjoy blogging?

Our business is complex, and I like reducing or dissolving barriers to entry of understanding. I also like illuminating political maneuvering, especially when newspapers are missing the real point.

Ricky, Lucy 'splaining things.
“Look, I’ll ‘splain.” “Okay, ‘splain.”

What have you done to personalize your blog?

People such as you have told me my style’s unusual. I title the posts because each is a small essay. I pepper in allusions, movie quotes, funny pictures and snarky captions. My text is Edgar Bergen, my visuals are Charlie McCarthy.

Bergen and McCarthy
“Oh, I’m supposed to believe the dummy writes your captions? “

Do you have any favorite posts?

I tag Essential Posts, and Primer Posts. I have a whole series of Sherlock Holmes on housing finance. Beyond that I have particular fondness for Eminent domain: the wrong fight, Slums are economically rational, Reselling Mystico Towers, Prescribing New New Orleans, L’horloge Orange (which got me linked by Instapundit), Tearing down the French high-rises, and GSEs: fierce competition. Fierce. These feel to me genuine advances in knowledge, besides being fun to read.

What are some of your favorite blogs (real estate or otherwise)?

Boston Sports Media is a work of genius that renders sports pages obsolete. Paul Phillips on poker does a great job expressing who he is. The Volokhs have perfected the group blog. Belmont Club adds real value by interpreting news. Pepys Diary is perhaps the apotheosis of hypertext value-added — not only the diary, one post a day, but also a panoply of user-generated wiki-type comments. Phil Gyford deserves a MacArthur.

What tools/ web sites do you find most helpful in putting together your blog?

I read the news on-line — mainly New York Times, Washington Post — and grab articles that are seeds for blog posts. Knowledgeplex is useful too.

How does blogging fit into the overall marketing of your business?

Demonstrates guru insights and reminds people I’m a guru.

What plans do you have to improve your blog over this next year?

I’d love to have more blogger-writers on the AHI site. Beyond me, we have two, whose pace has fallen off recently.

What is the one tool or feature that you wish your site had?

A time-compression algorithm so I could write more ☺.

What do you think real estate blogging will look like 3 years from now?

As a business, classical real estate brokerage is facing the kind of big-bang price drop that confronted stock brokers when Charles Schwab and others introduced first discount and then on-line brokerage. In real terms, fees are likely to drop, and the service is going to reinvent itself from seller representation to buyer advocacy. This is consistent with other internet-driven reversals, where high bandwidth means narrowcasting specialist content providers like blogs, and the scarce commodity is not the content to display but the eyeball to see it. Blogging is a means of building personal brand and hence distinguishing yourselves from the common broker.

In other words, you folks should keep getting with it!

Get Smart
“Got that, chief?”

(Read more interviews with some of real estate’s top bloggers under the Real Estate Q&A category)

Understanding Credit Score and Credit Repair

Credit remediation is a subject consumers often face with fear and trepidation, and for good reason. With the exception of recognizing that the best score wins, the average home shopper knows very little about the whole credit scoring process. Sub-prime borrowers who are eager to move into A-Paper territory often find themselves at a loss when trying to find ways to upgrade their credit history. The good news is there are ways to improve less-than-perfect credit scores and obtain a loan for the home you really want.

The first step in the process is making sure that you have a current copy of your credit report. Congress recently amended the Fair Credit Reporting Act so that consumers may now receive one free credit report annually. There are three major credit bureaus: Equifax, Experian, and Transunion. Since entries can vary across bureaus, you’ll want to request a free report from each of the three companies. (Go to www.annualcreditreport.com)


It’s also important to know just what a good credit score is. Most A-Paper scores generally begin around 680, although this number may differ slightly among lenders. Don’t despair if you come up shy, there is always room for improvement. Increasing your score just 5 points can save a significant amount of money. For example, if your score is 698 and you increase it to 703, then you could save yourself thousands of dollars over time as a result of a slight improvement to your loan’s interest rate.

While credit repair is necessary for some, it’s not the only way to increase your credit score. Even if you have stellar credit, you can enhance your score through these steps:

  • Evenly distribute your credit card debt to change the ratio of debt to available credit. Let’s say you have a credit score of 665. If you have debt on only one card, and four additional credit cards with zero balances, evenly distributing the debt of the first card could move you closer, and possibly into, that ideal bracket.
  • Keep your existing accounts open and active. The average consumer is usually anxious to close credit card accounts that have zero balances, but doing this can cause them to lose the benefits of a long-term credit history and increase their ratio of debt-to-available credit. The bottom line is don’t close those old accounts!
  • Keep credit inquiries to a minimum. Each inquiry into your credit history can impact your score anywhere from 2-50 points. When it comes to mortgage and auto loans, even though you’re only looking for one loan, multiple lenders may request your credit report. To compensate for this, the score counts multiple auto or mortgage inquiries in any 14-day period as just one inquiry, so try and stay within that time frame.

Remember, credit scores don’t change overnight. Improving them requires time and diligent effort on your part, so it’s a good idea to get the ball rolling at least three to six months prior to submitting your application for home financing.

If credit repair is what you need, you can either begin the process yourself or seek out a repair service. If you decide to make your own improvements, visit as many websites as possible to get information regarding credit laws and consumer rights. Diligently search through them and educate yourself to ensure that you don’t sustain any self-inflicted wounds. A good place to start would be the Federal Trade Commission’s website, which contains a wealth of helpful literature.

If you’re facing severe or complicated credit issues, then you’ll probably want to enlist the assistance of a professional credit repair company. Before you do, be sure to familiarize yourself with the FTC’s regulations on credit repair. With over 1100 credit repair companies to choose from, it’s important to be certain you are dealing with a reputable firm. Examine the FTC’s information on fraudulent practices to avoid falling prey to credit repair scams.

Addressing credit issues can be uncomfortable to say the least. But by taking these steps now, you’ll be that much closer to obtaining the home of your dreams.

Additional Resources:

To order your free credit report, go to:
www.annualcreditreport.com

To read the Fair Credit Reporting Act, go to:
www.ftc.gov/os/statutes/frca.htm

For the Federal Trade Commission’s information on consumer credit, go to:
www.ftc.gov/bcp/conline/edcams/credit/index.html

Interview with Merv Forney of the Northern Virginia Real Estate Guide

Merv ForneyI’ve really enjoyed following Merv Forney of the Northern Virginia Real Estate Guide and I was glad to see that he responded to my request for an interview because I happen to think he’s figured out some of the key ingredients to building up a great real estate blog. He provides regular market updates with charts and graphs, he writes with a personality, he throws in a fun posts to liven things up, and he’s constantly improving the layout and content of his site. All things considered, I think he has one of the best agent/broker blogs and agents looking to get into the blogging would be well served following his model.

Merv is affiliated with RE/MAX Renaissance of Leesburg, Virginia and the Managing Director of the Choice3 Realty Group. In addition to actively serving clients, he is responsible for all aspects of the business including planning, operations, technology, marketing and general management.

What inspired you to start blogging?

When contemplating this new career, I knew Pam and I needed to be different. This is a “me too” business to the extreme. As a result of much market study, I concluded that everything about us needed to look and feel new, unique and personal. Every templated (or not) agent website looks the same, feels, the same and, in my mind, not very professional. Everyone has exactly the same canned content. I also concluded that the consumer wanted something different. We had a custom website built (www.choice3realty.com) on a content management system (CMS) that happened to be MovableType (my designers choice for a CMS). Part of my spec was to be able to add or change content easily. I had no idea what MovableType was. A month after going live (2/1/2005) with my website, I attended a breakfast seminar hosted by a Chamber of Commerce associate focused on using technology for the benefit of your clients. His management coach that co-hosted this talked about BLOGGING and its power to reach out and gain an audience. Drum roll……OH! MovableType! I had blogging tools I didn’t even know about. On March 25, 2005 my Blog was published and I posted my first article. Inspiration? I don’t know. Wanting tools to be different? You bet. Once exposed to the capability I knew it was something we needed to do. Am I glad we did! I didn’t know where we were going with our blog. It just naturally evolved. Blogs take on the personality of its owners.

(PS: I have the best designer in the world: Donald Peterson at http://www.newark1.com/blog.htm, http://www.newark1.com/ and http://abqstyle.com/index.htm. Donald started blogging AFTER I did. How interesting.)

Are there any special topics or issues that you enjoy covering?

There are many things I enjoy writing about. If you look at what I do most, it is market commentary based on research and data. People want real information. They want it form a real person, not some big organization pumping up there own agenda. We have no agenda and I think it makes us different. The next thing I enjoy doing is exposing the incompetent behavior of those that shouldn’t be in our business. Not by name but by experience. Our profession gets a bad rap from a few very bad or marginal agents. Finally, I really enjoy sharing my strange sense of humor. You can find a little of it in our archives.

Well, maybe not finally. I’m a technologist at heart. I love discovering new things and trying to figure out how to use it for the benefit of our clients. I write a little about it but mostly experiment with it. That’s one of the reasons I enjoy what you do…keeping abreast of a changing landscape. (no suck up intended, just fact).

What have you done to personalize your blog?

I think most everything about our blog is personal, from the collage of pictures (I took them, well…most of them), to our writing style, what we cover and the way we approach our business. I write what I feel and what I believe. Also, I really like exposing (hmmm… featuring is a better choice of words) our clients on the web. I have a thumbnail slide show of our happy clients on our archive pages. They really get a kick out of it.

Do you have any favorite posts?

Personally, I love my posts in the Signs and Entertainment categories. They are just plain fun. Lets me expose a little more of my zany side. This can be a very dry business and we need to break out once in awhile. I like using pictures to make a statement. See Blog Spamming under Blogging.

What are some of your favorite blogs (real estate or otherwise)?

You know it’s hard to just point out 1 or 2. There are many good ones. Rain City is one. Jim Duncan’s in Central Virginia is another. I think the blog that gets my best design vote would be Fraser’s Toronto at Home! Great content too.

What tools/websites do you find most helpful in putting together your blog?

I use MovableType. It might be overkill but a non techie can use it or a technical person can really exploit its capability.

I do my own content programming so I am always searching for free tools and scripts. There are an abundance all over the web. I also watch what you do and say and shamelessly try to copy it if I think it will work for me.

How does blogging fit into the overall marketing of your business?

Even though we promote our clients and their properties, our blog personalizes us, sets us apart from the crowd, our humanness comes through. Potential clients get to know us through what we present and write about without ever meeting us. My last three listing appointments were because of our blog. I (“We”, sorry Pam) went prepared with data, told them what we would do for them and exactly what it would cost. Our blog actually drives more traffic to our main website. I am astonished that we got such a high Google ranking in such a short period of time.

What plans do you have to improve your blog over this next year?

What I really want to do is to provide more interactive tools. There is an abundance of market data available in our MLS data base. It’s just to hard to get it out. I want to let prospects and clients put in their own criteria and get table, charts and graphs that fit their properties demographics. I don’t see anyone data mining the MLS extensively. The data I prepare, like our Market Snapshots I dig out manually.

What is the one tool or feature that you wish your site had?

I like the way map searches are evolving. I’ll keep watching and when they mature I’ll jump in. I’ve experimented a little but not impressed yet. Our MLS needs to make more data available to agents that have the ability to use it creatively.

What do you think real estate blogging will look like 3 years from now?

Geeeeeez. That’s almost like asking what will my house be worth 6 months from now. I have know earthly idea. What I do know is that it’s beginning to catch on. The most forward thinking, creative people have discovered its power.

Here’s one last thought. This is a “me too” business. When others discover that some of us are using it to create business success, everyone will want to do it. There will be companies marketing real estate blogging templates just like real estate websites. The difference is: blogging is hard work, time consuming and needs to come from the heart. Most agents will not have the stamina for it and revert to what is easy. I would love to teach blogging (and have been asked to do so) but right now, we see it as a strategic advantage in our market. Anyone seriously interested in starting a blog can call me and I will tell them everything I know and help however I can. It’s actually very easy to get started and can be FREE! But, I will warn them that it takes a significant commitment for it to be effective in their business. I found several real estate blogs that got started with a few posts and then went dormant…maybe it proves my point.

(Read more interviews with some of real estate’s top bloggers under the Real Estate Q&A category)