This document summarizes a presentation about using social media to market an apartment complex called Urbane. It recommends listening to existing online conversations, creating an online presence through tools like MySpace and Facebook, starting a community blog, and empowering residents to generate content through compensated bloggers. With 2.5 employees spending 1-3 hours daily and 6-8 compensated resident bloggers, the total annual cost was $973 or $2.86 per unit. As a result, Urbane's website traffic increased 65%, blog traffic increased 4,300%, participation in their online community increased 400%, and they achieved nearly a 100% increase in lease conversions without paid advertising in 8 months.