LRE Blog

Personal thoughts from within the Luxury Real Estate network

By Brian Langhorst

Who’s Who in Luxury Real Estate, a worldwide membership organization, publishes LuxuryRealEstate.com Magazine as an additional advertising opportunity for our invitation-only membership. This industry-leading magazine can be seen in over 40 countries around the world as well as in luxury service providers, storefronts, spas and boutiques throughout the United States. Our next issue will be for winter of 2009.

I highly recommend advertising in this dynamic marketing piece as an effective way to reach high-net-worth investors and buyers through both online and print advertising. We continue to see print advertising driving Web traffic!
The cover of the summer 2008 issue of LuxuryRealEstate.com Magazine, the most recent issue.

The reservation deadline to advertise is: September 26th.

Materials are due by: October 1st.

Please contact me with any questions on how you can reach our high-net-worth audience through membership: BLanghorst (at) LuxuryRealEstate.com


Editor’s Note:
Brian Langhorst is LuxuryRealEstate.com’s Membership Manager. He meets members’ unique needs through the dynamic services LuxuryRealEstate.com provides. As the author of the “green” homes editorial and the City Spotlight on Nassau, Bahamas in the winter 2009 issue of
LuxuryRealEstate.com Magazine, I can vouch for the quality of this publication. We publish the magazine in print and online to reach a broad audience. Don’t miss out!

By Brian Langhorst

I have heard many times over that print is dead, but this is false information! Whoever is saying this does not know the audience for luxury homes and their habits. Yes, people look to the Internet for information and, according to a National Association of REALTORS® survey, over 80% of home seekers are starting their search online for real estate.

The main question we should think about is how do they know where to look for real estate online? The answer is print!
It certainly doesn't look like print is dead at this mailbox. Photo copyright of joebeone on Flickr.

I had a very interesting conversation yesterday with Victor Lund, co-Founder of the WAV Group. He said that the typical consumer segment of the luxury property market still looks through newspapers, magazines, and other print media for news and information. Customers need guidance and print provides this guidance to learn more about real-estate opportunities on the Internet. With a proper call to action this high-net-worth audience will be driven to your website through your print advertising campaign.

I look forward to your replies. Let me know how we can help you create targeted print ads to drive more traffic to your website.


Editor’s Note:
Brian Langhorst is LuxuryRealEstate.com’s Membership Manager. He meets members’ unique needs through the dynamic services LuxuryRealEstate.com provides. Victor Lund was so kind and helpful when he came to the Luxury Real Estate headquarters here in Seattle. He had a lot to share about our Web site, which is the most-viewed luxury real estate site in the world, and many other topics like the one Brian just discussed. It’s always nice to meet nice geniuses and well-grounded visionaries. The photo above is from www.flickr.com/photos/joebeone/2528716096 and it is the copyright of joebeone.

By Jean-Yves Piton

This probably isn't what car companies mean when they say they want their cars in a creative position. Photo copyright of Payton Chung on Flickr.The classic marketing mix, with its 4 Ps (Product, Price, Promotion and Place), is evolving to meet current global business needs. It now includes 3 more Ps: Positioning, Packaging and People.

Keep in mind that Positioning should not be confused with Promotion. Although advertising efforts are inherently part of both Promotion and Positioning, the latter P mainly focuses on your competitive position within the marketplace and image amongst consumers.

Are you and your firm positioned as “the luxury real estate expert” in the marketplace? You must ask yourself this question to better compete in the global struggle for differentiated products, services and brands.

How are you and your firm’s products and services perceived by your prospects and clients? In essence, your positioning strategy should assist you with your brand recognition in the marketplace.

Your advertising efforts support your positioning strategy, which, in turn, builds your brand equity.

For instance, BMW has used the slogan “Ultimate Driving Machine” for over three decades now, positioning this tagline as the ultimate one in the automotive industry. BMW clearly advertises its passion and talent for top innovation and engineering, which positions its brand as one of the finest amongst luxury consumers.

In fact, Jack Pitney, Vice President of Marketing, BMW North America clearly articulated that: “BMW has carved out a unique niche in the industry by placing a premium on constant innovation and inspiration and this campaign will reveal the company behind The Ultimate Driving Machine.”

To that effect, while crafting your marketing plan you should carefully select your advertising initiatives to reach and appeal to your targeted audience. Your advertisements should unmistakably position you and your firm not just as “a luxury real estate expert” (one amongst many others), but as “the luxury real estate expert” (the best).


Editor’s Note:
Jean-Yves Piton is the Global Services Membership Manager for LuxuryRealEstate.com. He assists Bente Madtsen, the Director of Global Services, in expanding the LuxuryRealEstate.com brand into even more countries around the world. What a great discussion. It’s definitely important to position yourself, through word and deed, as a standout performer. The photo of the blog apartment building is from www.flickr.com/photos/paytonc/925383449 and it is the copyright of Payton Chung.

By Janice Ridge

There are studies that indicate that both buyers and their agents are attracted to online listings that include photos. In fact, when I am searching MLS for a property for a client, I won’t even look at a listing that doesn’t have photos! And I am a real-estate professional! Truth is, most MLS photos are not that good. That’s why most real estate professionals go directly to the agent’s website to see better photos. I imagine the online consumer does, too.
A beautiful photo like this can grab attention and highlight the best qualities of your luxury properties. Photo copyright of Ilya's Photography.

In general, you would think that with the huge marketing opportunity of presenting photos online the quality would be better, but it isn’t. At LuxuryRealEstate.com, we are committed to making our photos stand out. I think we do a great job, don’t you?

But what I want to know is this: Does anyone know of any studies that show that videos on the Internet help to sell real estate? Is this something in which LuxuryRealEstate.com should invest for our members’ listings? Or are you as happy as I am with the quality of the online photos on LuxuryRealEstate.com?


Editor’s Note:
As the Director of Membership & Relocation at LuxuryRealEstate.com, and herself a licensed REALTOR®, Janice Ridge is devoted to coordinating the efforts of all of the LuxuryRealEstate.com membership and Account Managers, so that each of our members is given superior service. Photos are essential for advertising luxury homes for sale, whether in print or online media. I can’t think of a better photographer than Ilya Moshenskiy, the Principal Photographer of Ilya’s Photography. He is one of the finest luxury photographers in the business, and he can bring out the most amazing qualities in your homes. Jim Walberg recently gave some wonderful praise for Ilya’s fine photography. The photo above is an example of Ilya’s work and it is copyright of Ilya’s Photography.

By Joey Pauley

We are pleased to announce LuxuryRealEstate.com has negotiated a monumental deal with LuxuryLifestyle.com that we are able to offer to you. The price is only $750 a year for an Enhanced Company Profile and 10 Enhanced Properties on LuxuryLifestyle.com. At Luxury Lifestyle’s normal rate, this would cost $10,500.

This offer is exclusively for members of Who’s Who in Luxury Real Estate.

Are your home sellers asking, “What are you doing to advertise my home?”

Are you looking for somewhere, in addition to LuxuryRealEstate.com, to advertise your exclusive properties online?

Do you want to advertise outside the real estate market?

Are you looking to supplement your link-building – an important aspect to Search Engine Optimization?

We have already seen positive results for existing members who have placed properties on LuxuryLifestyle.com for Search Engine Optimization. What are you waiting for?

Email me at jpauley at luxuryrealestate.com or call me at 206.838.2865 to receive over 90% off this great service.

LuxuryLifestyle.com is the largest, most comprehensive, and most exclusive direct-access register of luxury companies, products, and services anywhere on the Internet. They are highly selective of the products and services featured on their website. So selective, in fact, that they are only offering this deal to Luxury Real Estate members – the best luxury brokers in the world.


Editor’s Note:
As a Technical Account Manager with LuxuryRealEstate.com, Joey Pauley helps members with their Web and technology needs. He does a phenomenal job in all of his projects, as you can see by visiting the many websites he has helped design. This is a great opportunity that might have slipped by if you hadn’t checked the LuxuryRealEstate.com Blog. Aren’t you glad you did? Thanks for the great opportunity, Joey!

By Brian Langhorst

The luxury real estate market place is filled with various companies with very strong branding messages for the corporation. What are you as an agent doing to stand out from the other competing agents in your own company?
What are you doing to stand out in your marketing efforts? Photo copyright of vieux bandit on Flickr.


Editor’s Note:
Brian Langhorst is LuxuryRealEstate.com’s Membership Manager. He meets members’ unique needs through the dynamic services LuxuryRealEstate.com provides. Short and sweet – just the way I like blog entries! LuxuryRealEstate.com can help you stand out with print and online advertisements in
The Wall Street Journal, LuxuryRealEstate.com Magazine and more. The above picture is from www.flickr.com/photos/vieuxbandit/499540173 and is the copyright of vieux bandit.

By Courtney Jackson

Our latest ad in The Wall Street Journal hit newsstands today. If you aren't able to pick up a copy of this issue, you can view the ad in color at www.luxuryrealestate.com/wsj.
The LuxuryRealEstate.com ad in June 27, 2008 issue of The Wall Street Journal.


Editor’s Note:
Courtney Jackson is the Print Director for LuxuryRealEstate.com. She works closely with
The Wall Street Journal, Unique Homes and a variety of other publications to help luxury brokers gain domestic and international exposure for their properties. Don’t forget to advertise in print as well as online. Publications like The Wall Street Journal are great for reaching specific audiences as well as online readers. Check it out!

By Brian Langhorst

Did you know that we track the number of listings that you upload that do not have addresses? We are undertaking a membership-wide commitment to improve the quality of the data/listings that are on LuxuryRealEstate.com.

This is a very exciting and strong opportunity for all of us. When you enter your listings with accurate information it helps us to provide tools and accurate search results for your and our end customers – the buyer! So please enter all the information you have on to all of your listing on LuxuryRealEstate.com!

Please contact me to speak more about your listings and how to get the most out of your membership with us. Email me at blanghorst at LuxuryRealEstate.com.


Editor’s Note:
Brian Langhorst is LuxuryRealEstate.com’s Membership Manager. He meets members’ unique needs through the dynamic services LuxuryRealEstate.com provides. We at LuxuryRealEstate.com are committed to providing excellent service to brokers around the world and to buyers and sellers, as well. Be sure to take the time to contact Brian to find out more about how you can make your listings more effective on our Web site.

By Brian Langhorst

Don't lose sight of domestic opportunities as you pursue international growth.Lately, the keyword in advertising is international! Everyone wants international exposure as foreign currencies are very strong compared to the U.S. dollar. This strength presents great options for investors to come to the United States and purchase real estate. I agree that this is a great target audience, given the current situation.

I also wanted to throw out some facts from Forbes.com, which recently compiled a list of the top billionaires in the world. These facts drew my attention to the importance of continuing to market domestically as well as globally. Of the 1,125 billionaires in the world, 444 or 39.4 percent are citizens of the United States. This is by far the highest number of individuals in one country anywhere in the world. In your marketing campaigns be sure to reach out to both audiences.

There are several print magazines that do a very good job reaching both international and domestic buyers. LuxuryRealEstate.com Magazine, Unique Homes and Country Life all work very well. We are happy to help you design ads and market to these key groups. Please contact me with questions or to advertise: blanghorst@LuxuryRealEstate.com.

What are you doing to reach both domestic and international markets?


Editor’s Note:
Brian Langhorst is LuxuryRealEstate.com’s Membership Manager. He meets members’ unique needs through the dynamic services LuxuryRealEstate.com provides. In addition to these excellent publications, we also run group ads in
The Wall Street Journal, and we have one coming up on June 27, 2008 that you can sign up for. Contact our Print Director, Courtney Jackson, for details.

By Jean-Yves Piton

Just passing your business cards around to everyone you know will not cut it. Hoping that your good word of mouth will pay off soon? That single effort will not be enough either. Distributing flyers anywhere you possibly can distribute them? You might also fall short of results quickly. Upgrading to a new and flashy website? Do not expect a big turnover if your name is not out there, either.

So you might ask yourself: What does it take to run a successful ad campaign here and abroad?

A single factor: Frequency!

Indeed, you can certainly use any of the above tactics to complement a main advertising plan. Namely, frequent advertising in outstanding periodicals. You might also try TV ads if your advertising budget allows it.

If you are not consistent with publishing ads in various publications, you are not making an impression with customers. The more people see your logo, your tag line, your name, your properties, even the same colors in your ads, the more they will begin to associate your company and properties with the place they need to be spending their money.

You might even be surprised to suddenly enjoy a surge in traffic on your website and much more transactions taking place!


Editor’s Note:
Jean-Yves Piton is the Global Services Membership Manager for LuxuryRealEstate.com. He assists Bente Madtsen, the Director of Global Services, in expanding the LuxuryRealEstate.com brand into even more countries around the world. Jean-Yves is very knowledgeable on the subject of international marketing, and I can second his words of wisdom. Consistently doing even small things is much better than doing something big only rarely.

|

Submit Your Blog

To submit blogs, articles or press releases for consideration on this web page for FREE, please send your materials to our PR Department:

Public Relations

Luxury Real Estate professionals share their thoughts and opinions about anything from luxury homes to babies born on leap year.

RSS Feeds

Advertisement