Anyone else experiencing Real Estate slow down?14496
Pages:
1
|
Shawn_P private msg quote post Address this user | |
| There are currently more realtors here in Texas than there are properties. My photography and 3D request have slowed to a crawl. | ||
| Post 1 • IP flag post | ||
|
Axis360Media private msg quote post Address this user | |
| Multiple sources are predicting an epic real estate crash rivaling 2008. It’s different this time due to commercial real estate being affected because of COVID, so hypothetically it will be worse. Time will tell but if Chicago is a predictor I believe the signs are already crystal clear. | ||
| Post 2 • IP flag post | ||
|
DouglasMeyers private msg quote post Address this user | |
| My wife is a Realtor and we are both seeing the massive slow down. | ||
| Post 3 • IP flag post | ||
|
Matt19 private msg quote post Address this user | |
| @DouglasMeyers Are you or your wife seeing housing inventory increase? You are in North Carolina right? | ||
| Post 4 • IP flag post | ||
|
|
Matt19 private msg quote post Address this user | |
| @Axis360Media Do you live in Chicago? | ||
| Post 5 • IP flag post | ||
|
|
Axis360Media private msg quote post Address this user | |
| @matt19 Yes I live in Chicago | ||
| Post 6 • IP flag post | ||
 WGAN StandardMember Las Vegas |
VTLV private msg quote post Address this user | |
| Things are little bit off. I saw an ad for a company offering Matterport tours at $50. I had zero desire to click explore the competition. Great time to catch up on my taxes and Part 107 renewal rather than competing with the $50 offer. |
||
| Post 7 • IP flag post | ||
|
|
Shawn_P private msg quote post Address this user | |
| @VTLV EEK! I had a guy selling a 3 million dollar home tell me I was too expensive. 275 for tour and 30 pictures, He said if I could come down to 100 he would consider using me. He must have been getting screwed on his commission lol. |
||
| Post 8 • IP flag post | ||
 WGAN ForumFounder & WGAN-TV Podcast Host Atlanta, Georgia |
DanSmigrod private msg quote post Address this user | |
Quote:Originally Posted by @VTLV Outsource your Matterport tours at that price? Do once (your home) and see what you get? Dan |
||
| Post 9 • IP flag post | ||
 3D RenderingsAEC Elevation Drawings Montreal, Québec |
ArchimedStudio private msg quote post Address this user | |
| @Shawn_P I leave these "clients" to the cheap providers... they have no vision. It's always the same type that drive expensive cars, but find your prices too expensive. Plus if you try to match the lower prices, you will only attract lower type of clients - And those clients will change providers in a heartbeat if they find someone cheaper. I don't waste time with cheap realtors anymore. I rather stay home and do nothing, than waste my time earning $100. My cheapest rate for HDR starts at $200 (for less than 1000sq ft). My starting rate for Matterport is $350. If you provide quality product and service, you must believe in yourself and charge more. It will take time, but you will attract better clients that way. Cheers and good luck if a slow period is really coming! Matt |
||
| Post 10 • IP flag post | ||
|
|
Shawn_P private msg quote post Address this user | |
| @ArchimedStudio Thanks Matt. Yeah, I've washed my hands the cheapskates and they are a dime a dozen. It took me about a week to catch on. Have never looked back. Here's to a better 2021 |
||
| Post 11 • IP flag post | ||
 WGANStandard Member Bon Secour, Alabama |
Chemistrydoc private msg quote post Address this user | |
| Where I live, the inventory is really really low, and the cheapskates are shooting with iPhone and calling it a day. I have empirical evidence that the quality photos, Zillow Tours / Floor Plans, Matterport, may not accelerate the sales process (if that were even possible), it is bringing in out of area buyers who are creating bidding war situations, leading to very desirable price / term outcomes. As an example, two weeks ago, I shot a home that - preCovid- would have sold for about $360 - $390 K. It was under contract in 48 hours at 10% over list - which was $449k, with a 30 day cash close. I believe that HDR photos / videos / tours etc are helping to create these situations. It won't last. |
||
| Post 12 • IP flag post | ||
|
immersivespaces private msg quote post Address this user | |
| South Florida is booming, but the issue we have here is lack of inventory. Many agents sell homes before they can even get them listed in the MLS or get any imaging done. (We had a house sell while we were on property doing a capture.) We simply redirected our services to focus on the new home buyer, offering Matterport for insurance documentation and interior design services. Even with the low number of listing shoots, we've pretty much maintained our job numbers over the past few months. | ||
| Post 13 • IP flag post | ||
Pages:
1This topic is archived. Start new topic?