360 Tours and Commercial Real Estate12915
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jericreson private msg quote post Address this user | |
| Good morning my friends in 3D! I just thought I would share some thoughts - This up and down business with Covid 19 is quite the show, isn't it? 360 virtual tours have seen a rise in usage and popularity - especially with real estate - but alas - markets are shifting, and in many places, residential real estate listings are in short supply, with multiple offer situations happening as quickly as a decent listing is placed on the market. So - agents reason: - who needs you? Perhaps - but it's a temporary state, as all real estate bubbles are. Meanwhile, do not fret, and worry about the bundle of money, time and energy you have dedicated to your business. Instead, consider turning your energies to the commercial sector. 3 Reasons: 1. Commercial Real Estate is in deep trouble, with businesses closing, buildings sitting vacant, or soon to be - and nobody needs us more, right now, than commercial/industrial real estate holders. 2. Investors in Commercial Real Estate are not hyperlocal. A significant portion of real estate investment in the commercial sectors happen across state lines, or internationally. With travel being an issue - guess which properties get more consideration across the miles? You got it - those with realistic virtual tours. 3. Many States and Localities currently have business incentive and grant programs that offer to provide funding or reimbursement for legitimate Covid-19 business expenditures. A virtual tour of real estate, or businesses who want to use them for showcasing their brick and mortar locations to boost online sales are, in virtually all cases, a legitimate expense directly related to the impact of Covid-19. Shift Happens - And Fortune favors the Prepared - Happy Wednesday! |
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jpierce360 private msg quote post Address this user | |
| Agree with this as I have been doing nothing but CRE for the entire summer. | ||
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