Real Estate Marketing and Public Relations

Press: Candid On Camera
Author: Jason Turcotttte, Brokers Weekly
Date: Friday, June 25
Jill Sloane came to New York with ambitions to star in a daytime television soap opera. As executive vice president at Halstead Property, she foregoes the drama but still relies on the camera for some of her successes.

Featured on Halstead’s “Home Sweet Home” television show and NBC’s “Open House,” in addition to news program appearances on CNN, NBC, PBS, NY1 and CH11, Sloane has leveraged her comfort with the camera to help bolster her reputation as a top New York broker.

And it’s something more brokers are looking to do, as they build their brand and build relationships long before clients come to the city.

One of Sloane’s latest on-camera endeavors is her video biography, available online through Halstead ProperTV (a professionally produced video forum that showcases both properties and brokers). Halstead parent company Terra Holdings, which estimates more than 4.5 million viewers have tuned in since ProperTV’s inception less than one year ago, launched the forum to encourage more brokers to go on camera since it is estimated that 85% of home searches start online.

“It’s been great for me,” Sloane said. “For example: I did get an exclusive directly from it. Someone who was interviewing multiple brokers was able to show her husband my video.”

A foreign buyer whose husband was back in Korea met with Sloane — and other brokers under consideration for their business — and Sloane followed up by sending a package of information that included her video bio, which the client later showed to her husband to seal the deal.

With Central Park as her backdrop, the video was filmed as a way of separating herself from competing brokers. In this business, she believes that clients not only need to trust their broker, but they also want assurance that their personalities mesh.

“You need to be comfortable in your own skin — and comfortable in front of the camera,” said Sloane, who also has on-camera experience in commercial advertising.

Sloane’s keys to a successful video include a non-scripted and non-aggressive communicating style. She insists being yourself and revealing your personality can make the difference in the eyes of a prospective client. Without sounding contrived or rehearsed, the walk-and-talk in Central Park is scoring Sloane clients.
Miron Properties founder Jeffrey Schleider is another broker who’s roping in clients through video. But he’s taking a more animated approach to communicating with potential business — quite literally, in fact.
Schleider tapped friend and filmmaker Matt Landin to develop an animated video to explain some of the basics of New York real estate, since more than half of his business stems from relocations. After writing the text and spending a day filming with Landin, Schleider has the first of what he hopes will be many news-you-can-use videos (available on his firm’s website and YouTube) for prospective clients.

“After answering the same questions over and over again, I figured there were many people that could use a good how-to series that explained the different processes of New York City real estate in simple English,” Schleider said. “My thinking was that if people found value in the videos and they liked our straightforward approach, then a few of them would probably choose to work with us as their broker.”

Schleider has developed video tours before, but recognized the need for videos that were more market specific and included a more personal element. Launching Miron Properties less than two years ago, Schleider believes one of his company’s assets is the fact its brokers are young and fun. And he felt animation would best capture that.

“New York City real estate can be intimidating. We wanted [the video] to be informative but also interesting and fun to watch,” he said. “And I can safely say that people who were considering different brokerages chose us because of the video.”

The animation not only suits the tone of the firm, but Schleider believes the video embraces the multiple hats a broker must wear, including the role of tour guide. Giving outsiders a glimpse into the city that’s informative and amusing — rather than pushy or self-promoting — is the best way to attract new clients.
He also added that, with all the white noise on the Web, most online videos have a short shelf life. He believes a quirkier, animated video holds more longevity in today’s digital world.

“It engages people with sounds and sights that traditional information doesn’t,” Schleider said. “The Internet rewards those who give away useful information, and we’re in that school of thought.”

So is Gus Waite, a broker at The Real Estate Group of NY. He’s one of a few brokers who have launched their own YouTube channel (NYCapartmentTV) in order to reach out to those relocating to New York. In addition to featuring a plethora of rental buildings throughout the city, he also stars in several of the short films offering information that can set him apart from other brokers.

“If you’re moving from Indiana to New York, it’s almost like a welcome video,” said Waite. “I was hoping to avoid having the exact same conversation a million times a year.”

The crux of Waite’s YouTube channel is something he calls “complete disclosure” about all things real estate. In one video, he interviews Insurent COO Jeffrey Geller on the topic of how to qualify with a landlord if you’re retired, a foreigner or don’t have a guarantor. In another, he’s offering a short film contest with a $1,000 prize.

“For me, it was very comfortable, but I think the danger is, it can’t become a commercial,” said the former actor and stand-up comedian. “What I’m trying to do is be a portal of information.”

Waite believes a successful portal means no pitches; he keeps his videos short, educational and eccentric. He said authenticity and transparency are the keys to establishing trust and reaching out to those relocating to the city or those who are already New Yorkers but are high net-worth renters without the time for their apartment search.

Now that market information is more readily available to clients, brokers need to establish themselves as experts. Waite believes there’s no better way to do that than on-camera marketing, especially considering there’s no shortage of professional film talent in New York.

He plans to produce videos daily and link them to a WordPress blog. The more visibility, in his eyes, the better his business. “People think, ‘that guy is everywhere, so he must be credible,’” Waite said.
And some of real estate’s most recognizable names can attest to the importance of an on-camera presence.

In an interview with Brokers Weekly earlier this year, Barbara Corcoran credited her on-camera spots with news outlets as a means of bolstering her brand and establishing herself as an authority on New York real estate. The Trumps, too, are no strangers to the television spotlight and the popularity of real estate-based reality programs — like A&E’s “Flip This House” and Bravo’s “Flipping Out” — continues to grow.
Indeed, the new HGTV series featuring agents from CORE and Gumley Haft Kleier is now that network’s second highest rated program.

CORE founder and CEO Shaun Osher and his agents helped usher “Selling New York,” which debuted on HGTV in March and now pulls in an estimated 200 million viewers.

“Initially, it was a very difficult decision, because I wasn’t sure about the quality of the show and the premise,” said Osher, who was approached by network execs about doing the series. “This certainly could’ve backfired if we came back looking like idiots, but instead it’s been an incredible success.”
According to Osher, CORE relinquished some control over who and what to feature and not retaining complete control of the company’s image was also an admitted risk.

However, he said he’s satisfied with the show’s depiction of how he and his agents sell New York property and he credits part of that to the unscripted nature of the show and the comfort level of his agents on camera, applauding the way they’ve handled the limelight with professionalism and integrity. What makes the relationship between CORE and HGTV so effective, believes Osher, is that the network’s high-end demographics are in tune to the type of clients his company attracts. And their phones have been buzzing with potential business since airing.

Author: Teri Karush Rogers, Brick Underground
Date: Tuesday, June 22

A good rental is hard to find, and some New York City renters apparently stop at little once they find one, including offering swag to brokers in exchange for being bumped to the top of the list.

“I’ve been offered cases of wine by people who work for liquor companies, VIP access to clubs, free drinks forever by bar owners, free meals at a restaurant,” says Jeffrey Schleider, the founder of Noho-based Miron Properties. "Yesterday someone offered me a pair of designer shoes."

Miron does a lot of business in the East Village and has represented several new rental buildings there.
“The East Village draws a really cool crowd of entertainment and hospitality industry people,” says Schleider. “The most desirable units go pretty quickly, and sometimes people try to convince us to take their application over someone else’s.”

Gus Waite, vice president of rentals at The Real Estate Group of New York, says he's encountered similar overtures.

“You have an open house for a really beautiful loft on Spring Street at a good price and six or seven tenants are looking at it—they know there are going to be multiple applications,” says Waite. “So a prospective tenant might take the broker aside and say, hey, I heard you talking about the Yankees-- my brother’s a bartender at Yankee Stadium and I could get you tickets if you move me to the front of the line.”

So...does it work? We're not sure.

Waite and Miron maintain that they personally never accept swag because their fiduciary duty is to the landlord.

“It comes down to qualifications,” says Waite. “While it might be nice to go to dinner at the hot new Italian restaurant, if you’re making $120,000 and another potential tenant is making $5 million, you won’t be getting the apartment.”

He warns that such offers can backfire.

“It should never come across as quid pro quo. If we’re having a friendly conversation and it turns out we’re both really into Italian food, and whether it works out or not you’d like to take me out to the hot Italian restaurant, that’s one thing,” says Waite.

On the other hand, says Waite, “it’s really bad if it’s sleazy or if it comes off as arrogant—like basically you’re telling me, ‘You’re a servant, you have a price, and I’m going to pay you off so that you do what I want you to do.’ I will tell the landlord that you’re sleazy.”

Schleider recommends leaving the designer shoes in the bag and trying these tactics instead:

1. Offer to pay a year’s rent up front, especially when it’s a small owner like someone who owns one condo.
2. If you’re relocating with an employer-paid budget of $10,000 a month, for example, but the apartment is renting for $9,000, offer the landlord the full $10,000 in exchange for including electric, cable, and cleaning service. (Be sure to check with your company’s relo department first.)

Online auction: Is this the
future of home sales?

NEW ROCHELLE — Buying a home in the city's luxury
Premium Point development had always been
considered a safe investment, especially since the
gated community is only about 20 miles from New
York City.

So when Peter Mastroianni bought a home there for
$2.2 million in March 2007, he figured he would
enjoy the summer with his family and then rent out
the property.

But then the housing market collapsed, leaving his
rental prospects high and dry.

"Sobering reality, that's what it is," said Mastroianni,
a community banker who has been unable to rent or
sell the property despite dropping his asking price
to $1.95 million. "You ride the highs and deal with
the lows, like any business."

Now he and his Realtor are trying their luck in a new
venue — an online home auction site called Bid on
the City.

Launched in Manhattan in October, the business is
starting to make waves in Westchester County as
buyers and sellers seek the best deals in a generally
deflated housing market.

The site's second Westchester County auction will
begin at 11:30 a.m. today.

Bidders can register at BidontheCity.com, which will
stream the auction in real time out of the company's
New York headquarters. Interested buyers can also
participate in person at 226 Fifth Ave. in Manhattan.

There are about 10 properties up for sale, with bids
starting at $1. Sellers have a base price requirement,
though, so don't expect to run away with a complete
steal.

Homes on the bidding block are mostly around $1
million and up this time around. An auction planned
for September will be dedicated to homes under $1
million.

"Our experience in Manhattan shows that the most
successful events are those that are dedicated to
certain groups of buyers," said Vlad Sapozhnikov,
general manager, who co-founded Bid on the City
with Albert Feinstein.

There are no listing fees to put a home up for
auction; the only charge is a 3 percent buyer's
premium once a transaction is completed.

Approximately 70 people are already registered to
bid in today's auction, though many more are
expected to tune in just to watch.

"The people who put their houses up on Bid on the
City are the same people who put their houses on
the market," Sapozhnikov said. "It's people who need
to sell. There's nothing to lose. We take all the risk
up front. We sponsor all the advertising and
marketing."

In Westchester, Bid on the City has partnered with
Realtors to show the properties and conduct open
houses, unlike in Manhattan, where they also handle
this component.

Lester J. Kravitz, a Pelham Realtor who has two
houses up on Bid on the City, says this combines
the best of 20th- and 21st-century marketing.

He sees this as the future of real estate, likening it to
eBay, the online marketplace.

Jennifer Gould Keil
GIMME SHELTER

He’s out!
Joe Torre’s former Westchester residence is up for auction. The New Rochelle mansion, located at 60 Premium Point Road and offering Long Island Sound views, had originally been listed at $2.695 million.

The six-bedroom, five-bathroom, 6,534-square-foot home that Torre rented, in a gated community with a private beach, has a dock and an indoor pool. The master suite opens onto a deck, and the family room has a stone fireplace. Bidonthecity.com is auctioning off the property on July 20.

Although Torre is now with the Dodgers, his former Westchester neighbors don’t seem to hold it against him. A Larchmont restaurant, La Riserva, even has a dish — Pollo Joe Torre — named after him.

Bidonthecity.com is also auctioning off a piece of music history — the Pelham childhood home of Rock and Roll Hall of Famer Felix Cavaliere. Cavaliere’s band, The Rascals, wrote and performed classics like “Groovin’ ” and “Good Lovin’.”

While Cavaliere rehearsed in the garage/basement, his dad worked as a dentist out of the home, which still has zoning that permits a small medical office. The five-bedroom, 2½-bathroom, 2,810-square-foot house was originally listed at $1.095 million