Question of the Day: How is COVID-19 virus affecting your Matterport biz?

Atlanta Agent Magazine (26 February 2020) The bizarre impact of coronavirus on local home sales

"That’s why this past month has seen mortgage rates drop even further from their already historic lows by an additional quarter-point. The current average interest rate on a 30-year mortgage is 3.49% and 2.99% for a 15-year ARM, according to Freddie Mac. Not surprisingly, consumers are enthused by the possibility of locking in a low mortgage rate. While they may not understand why rates are falling, they’ve been inspired to jump at the opportunity nonetheless. Mortgage applications have increased to their highest level since 2013," according to Atlanta Agent Magazine.

"While in our personal lives, we would be at least reluctant to trade on another’s misfortune, smart real estate agents—including your competitors—be ready for an earlier start to the selling season. The best mortgage lenders will also use the coronavirus crisis to their advantage and partner with you to close more deals. Doing the math with your customers and demonstrating how a quarter-point interest drop can deliver five-figure savings during the first five years of homeownership, is compelling no matter what’s on the nightly news," according to Atlanta Agent Magazine.

Source: Atlanta Agent Magazine

WGAN Forum Founder & WGAN-TV Podcast Host 31.32K Website Atlanta, Georgia Linked In Facebook Twitter YouTube TikTok Instragram Matterport Service Partner Google Street View Trusted Photographer Zillow Certified Photographer We Get Around Network Member	31.32K DanSmigrod private msg quote post Address this user	plus 1 plus 1 plus 1 0
	Quote: Originally Posted by @Home3D I'm surprised that this subject isn't the focus of everything on WGAN. Personally, I hope that the people at 3M (mask makers) and Purell (hand sanitizers) are NOT celebrating, but rather simply working hard to provide these essential tools for combatting the COVID-19 outbreak. In the same sober tone, we should be aware that there has never been a better reason for all real estate to be promoted using 3D and 360° Virtual Tours. The focus of this event is on limiting, if not eliminating, close social contact. You can't do this any better in real estate than by replacing traditional open houses with the VIRTUAL OPEN HOUSE. Whether 3D (Matterport, GeoCV) or 360° (NodalView, RicohTours, 3DVista, EyeSpy360 and dozens of others) our tours keep people safe. A few of these platforms such as NodalView, EyeSpy360 and I understand soon 3DVista, include "LIVE TOURS" wherein an agent can perform a live tour of a home as a video conference with the potential buyer. NodalView's system allows BOTH PARTIES to manipulate the screen, walking around, turning, tilting, in real time. It works surprisingly well! The challenge here is how to promote the use of 3D and 360° Virtual Open House tours without crassly appearing to leverage a truly serious situation. Let's get this conversation going. I'm curious what others are thinking. Wash your hands and stay safe.
	5 years ago	Post 13 • IP flag post

WGAN Standard Member 1.93K Website Bon Secour, Alabama Facebook Twitter Matterport Service Partner Google Street View Trusted Photographer Zillow Certified Photographer We Get Around Network Member	1.93K Chemistrydoc private msg quote post Address this user	plus 1 plus 1 plus 1 3
	Remains to be seen. Most folks here have other things to worry about! As an interesting sidenote: I have noticed that since becoming an MSP, my health as related to communicable disease has markedly improved. I used to count on having 2 common colds per year, and the flu about once every three years. I haven't had one cold since September, 2016, and have not had the flu in that time. I point this out only to emphasize that there are benefits to going alone into buildings and not dealing with people face to face very often! Keith
	5 years ago	Post 2 • IP flag post

39	39 homefrontphoto private msg quote post Address this user	plus 1 plus 1 plus 1 3
	Can we put this into perspective of what we do? Are there a lot of WGAN subscribers in China, South Korea or Japan? Maybe Italy or Iran? The Coronavirus does not have an especially high mortality rate and it is mostly contained to Asia. Check out the statistics on this site.
	5 years ago	Post 3 • IP flag post

WGAN Standard Member 1.93K Website Bon Secour, Alabama Facebook Twitter Matterport Service Partner Google Street View Trusted Photographer Zillow Certified Photographer We Get Around Network Member	1.93K Chemistrydoc private msg quote post Address this user	plus 1 plus 1 plus 1 3
	@homefrontphoto The issue is probably not the disease itself, but rather the fear of the disease. Fear causes all of us to behave more or less irrationally.
	5 years ago	Post 4 • IP flag post

39	39 homefrontphoto private msg quote post Address this user	plus 1 plus 1 plus 1 2
	What I'm seeing is a lot of feelings and emotions at play. The facts of OVID-19 are in the link sent above.
	5 years ago	Post 8 • IP flag post

84	84 JCHAFE private msg quote post Address this user	plus 1 plus 1 plus 1 3
	Not effecting my business right now, but we currently have no cases reported in our province yet. With the mortgage rate cuts, I see that as a positive. Cuts will stimulate home sales and will allow more first time buyers to qualify. John
	5 years ago	Post 11 • IP flag post

Question of the Day: How is COVID-19 virus affecting your Matterport biz?11111