Small is Big: Controlling Media Messages About Real Estate

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"Freedom of the press" is one of our nation's founding principles, so do we really want to dictate the way our industry is portrayed in the media? Message control? Spin doctoring? Little miss can't be wrong? Not exactly. Spin is gross. But all associations do have an opportunity to influence the news. The most accurate, compelling and honest information available about housing comes from your local MLS. Learn how to create factual, easy-to-use material from MLS data that your members and the media alike will appreciate.

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Small is BigControlling Media Messages

Mark Allen (@Red_Allen)

Chief Executive Officer

Minneapolis Area Association of REALTORS®

Washington Post’s 2010 Mensa Invitational

#1 Winner:

*Cashtration* (n.): The act of

buying a house, which renders the

subject financially impotent for an

indefinite period of time.

Ouch!

Media:

the means of communication

…that reach or influence

people widely.

Controlling Media Messages

From greatwhitesnark.com as retweeted by @gingerw via @timoreilly

Who Are You?

What Is Our Aim?

Making residential real estate analytics

easy to understand.

Found at flowingdata.com

The Country That Pees Together…

Matt Cohen, Clareity Consulting CTO:

“MAAR provides better visualization of the

data. That makes it easier for REALTORS® to

educate clients about the local market. And

educated buyers and sellers are more likely

to make sound choices that will help avoid

another housing bubble.”

High Praise

Elegant and intuitive visuals

Easy trend spotting

Detailed & thorough yet readable

Harness the power of your data

The Things People Want

What Is Our Focus?

Local

Local

Local

Local

Local

Local

Local

Local

Local

“Local” implies

geography

but is so much

more.

Demonstrating Local

“The Thing”

MLS data is the richest,

cleanest and most powerful

real estate data available.

Own your local space. The gold hasn’t been

fully mined...yet.

It Starts with MLS Data

The Seedling

Local Market Updates

Advancing the Concept

Sortable Stats

Client Consultation

Blogs and Websites

Social Networks

Marketing

Government

Media

Academia

Business Planning

How It Can Be Used

Government Strategy

• Local market products

• Distribution strategies

• Market research resource

• Affecting public policy

• Return on investment

News Media Strategy

• Press releases

• Talking points

• Electronic media

• REALTOR® spokespersons

• Distribution strategies

• Market research resource

• Anecdotal stories v. hard data

From Foe to Friend

By KARA McGUIRE

Star Tribune February 7, 2010

The [MAAR] Realtors group, known for

its ability to take in-demand housing

data and turn it into digestible reports

for housing pros and consumers alike…

MARKET PRESENTATIONS

What Happened to Mr. Big?

Weekly e-newsletter

Website

Office visits

Print publications

Presentations & CE classes

Advertorial

Targeted emails to brokers

Best of all: Raving fans

UNFETTERED ACCESS

Distribution Strategy

Overheard

“Visibility is more

important than ability.

Secret agents don’t do

a lot of business.”

WAY BACK IN 2001

Converging Catalysts

• REALTOR® demand

• Consumer expectation

• Under utilized MLS database

• Public affairs leverage

• NAR envy (color me green)

• Build it and they will come

Following Your Call

Build it and they will come

The Magic Formula

Get Data

Make Pretty

Send

You Can Do This

YOU REALLY CAN.

But if you don’t want to,

there are many people

ready to help you.

HINT, HINT:

Thank You for Your Time!Minneapolis Area Association of REALTORS®

www.10kresearch.com

Mark Allen (@Red_Allen)

Chief Executive Officer

10K Research and Marketing

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