the changing face of real estate communications

2
Call us 1300SYSTEM (1300 797 836) Address: Level 2, 144 Marsden St, Parramatta, NSW 2150 Phone: 1300SYSTEM (1300 797 836) FAX: 02 9635 4215 Email: [email protected] Website: www.rentaphonesystem.com.au The Changing Face of Real Estate Communications Communications in the real estate industry play an extremely vital role. What is said, and how a crucial aspect of acquiring a consumer is, gaining his confidence and eventual closure of sale. Over the years communications in the industry has gone through a sea change and the improving communications technology is further changing this facet of the real estate industry. Some of the important features of communications in the Real Estate industry are enumerated below: Communication of Trust: Buying or renting a property is one of the more significant decisions in our life. And therefore, it also becomes a crucial one. No one makes a decision on this aspect without being able to trust the other party or the offerings available. Therefore in the real estate space, sellers & agents ought to be able to communicate trust to their consumers. Inability to communicate trust or breach of trust in the middle of a transaction can lead to serious implications for both the buyer and the seller. Communication of Availability: All consumers would like to have an assurance that the seller is available post-sale for any contingency. Often, in case of real estate agents, they are working on multiple leads and might find it difficult to tend to each one of them at the same time. Going incommunicado only heightens consumer anxiety while the agent might be genuinely tied up. Communication technology now allows for remote handling of calls, or auto call forward options which can keep your consumer at peace. Communication of Transparency: A real estate agent is often misconstrued to be only interested in his own commission even at the cost of endangering a consumer’s interest. However, often it is overlooked that the agent himself might be in the dark on certain issues. Documents and land records are easily fabricated in the physical realm, with the agent completely being unware. Therefore, the emergence of digital records and ownership records means that all the stakeholders involved can swear by improved transparency. Communication of Consumer Interest: The consumers today are far more knowledgeable, informed and keen-eyed than those from yesteryears. There is a greater availability of information and improved means to cross-verify everything

Upload: rentaphonesystemcomau

Post on 15-Aug-2015

13 views

Category:

Business


1 download

TRANSCRIPT

Page 1: The Changing Face of Real Estate Communications

Call us 1300SYSTEM (1300 797 836)

Address: Level 2, 144 Marsden St, Parramatta, NSW 2150 Phone: 1300SYSTEM (1300 797 836) FAX: 02 9635 4215 Email: [email protected] Website: www.rentaphonesystem.com.au

The Changing Face of Real Estate Communications

Communications in the real estate industry play an extremely vital role. What is said, and

how a crucial aspect of acquiring a consumer is, gaining his confidence and eventual closure

of sale. Over the years communications in the industry has gone through a sea change and

the improving communications technology is further changing this facet of the real estate

industry.

Some of the important features of communications in the Real Estate industry are

enumerated below:

Communication of Trust: Buying or renting a property is one of the more significant

decisions in our life. And therefore, it also becomes a crucial one. No one makes a

decision on this aspect without being able to trust the other party or the offerings

available. Therefore in the real estate space, sellers & agents ought to be able to

communicate trust to their consumers. Inability to communicate trust or breach of

trust in the middle of a transaction can lead to serious implications for both the

buyer and the seller.

Communication of Availability: All consumers would like to have an assurance that

the seller is available post-sale for any contingency. Often, in case of real estate

agents, they are working on multiple leads and might find it difficult to tend to each

one of them at the same time. Going incommunicado only heightens consumer

anxiety while the agent might be genuinely tied up. Communication technology

now allows for remote handling of calls, or auto call forward options which can keep

your consumer at peace.

Communication of Transparency: A real estate agent is often misconstrued to be

only interested in his own commission even at the cost of endangering a consumer’s

interest. However, often it is overlooked that the agent himself might be in the dark

on certain issues. Documents and land records are easily fabricated in the physical

realm, with the agent completely being unware. Therefore, the emergence of digital

records and ownership records means that all the stakeholders involved can swear

by improved transparency.

Communication of Consumer Interest: The consumers today are far more

knowledgeable, informed and keen-eyed than those from yesteryears. There is a

greater availability of information and improved means to cross-verify everything

Page 2: The Changing Face of Real Estate Communications

Call us 1300SYSTEM (1300 797 836)

Address: Level 2, 144 Marsden St, Parramatta, NSW 2150 Phone: 1300SYSTEM (1300 797 836) FAX: 02 9635 4215 Email: [email protected] Website: www.rentaphonesystem.com.au

spelt out by agents and sellers. Thus, it is increasingly important for real estate

players to embrace the virtue of consumer interest. If an agent or agency fails to

communicate the fact that they remain squarely committed to the interest of the

consumer, they are unlikely to build any form of viable consumer connect.

In the real estate space relationships count for much – both the real-world and virtual. The

relationship forms the basis for trust consumers place in agents. And the fundamental

building block of these relationships is to be able to communicate with the consumers.

Communications is not limited to spelling out the property details. It is about impressing

upon the consumer that the real estate business is trustworthy, available, and

transparent and has consumer interests on top of their mind at all times.

For More information:

Level 2, 144 Marsden St, Parramatta NSW 2150

1300SYSTEM (1300 797 836)

02 9635 4215

[email protected]

www.rentaphonesystem.com.au