Best Tips on How to Accomplish Crowdsourcing in Real Estate
As a crowdsourcing real estate player, at http://managestgeorge.com/ you
fnd tried and tested tips that you have to keep in mind to make an impact
and beneft from your crowd. Here are some of them:
1. Sizing the job right
The property proects you are crowdsourcing need to be right!si"ed.
This means no over doing or under doing anything. #f a ob comes out
as too large, it becomes a challenge for whoever there is in the crowd
that might want to tackle it. This means that a house in the market
might not get the consideration it should get. At the same time, if a
venture is too small it demands very little e$ort and this can end up
sti%ing the e$ort needed to list or sell it. #ngenuity is compromised.
2. Constant engagement
&our responses to 'ueries and in'uiries concerning the work at hand
have to be detailed and given on time. #n crowdsourcing for real
estate,those who decided to give the crowdsourcing proect some
attention should get the perception that you are committed to the
undertaking and this could be through the timely and thorough
responses coming from you. (et them know from you how the work
they have done so far measures up to your e)pectations or what you
are looking for. &ou will in turn have an encouraged crowd working on
your proects and this translates to a better deal for you.
3. Lose your hold on the controls
&ou don*t need to control everything. &ou have to have confdence in
the knowledge of the crowd in real estate matters as well as its ability
to take the ob to its conclusion. #f you considered crowdsourcing on its
e)perience and knowledge, you*re taking control of every detail of the
ob will not necessarily make any di$erence. &ou might end up learning
something you didn*t know before.
4. Be fair to everyone
#n real estate, e)ploitation has now resulted in predicaments when it
comes to crowdsourcing. +ake sure that you reimburse fairly, taking
into consideration what you would pay a self!employed real estate
specialist for similar work. At the same time, don*t have the crowd
competing against each other for a single pri"e. This winner!takes!it!all
approach doesn*t ensure total dedication to the work at hand.
. !ro" your #ersonnel "ith the cro"d
#f crowdsourcing is a long term approach for you, then prevent sta$
identity by letting the crowd e)pand together with your company
employees. The crowd should be an e)tension of your employees and
people to be swapped all the time. After the crowdsourcing proect is
done, you can still render obs to be done.
$. %se the cro"d as an eert #anel for com#eting conce#ts
&ou can have your in!house workforce come up with concepts on how
to carry out the ne)t real estate proect. #t can be very stressful trying
to comprehend all the concepts let alone deciding on which is best. (et
a couple of concepts make it to the fnals list and have the crowd
identify the best one for you.
Crowdsourcing is a long term approach for you, then prevent staff identity by letting the crowd expand together with your company employees.