Real Estate Investment Strategies
Powered by WhyPark.com
Video Virtual Reality Benefits Real Estate Agents
Video Virtual Reality Benefits Real Estate Agents
As with many other industries, the Internet has become an effective marketing tool for real estate professionals, giving a competitive edge to those taking advantage of its many benefits including those of its virtual reality aspects.
Potential homebuyers are turning more and more to the Internet over the more traditional advertising. Not only are they looking for listings, they are seeking real estate agents and brokers.
And the agents are responding. A recent survey of home sellers by the California Association of Realtors shows that 97 percent of the respondents reported their agent included multiple photos or a virtual tour as part of the online home listing.
Another report by CAR indicates that the great majority of homebuyers prefer using the Internet because of the time-saving factor. Findings in the report bear this out. Buyers seeking information on the Internet spent three weeks less time looking at houses than their counterparts using traditional methods.
In the early days of Internet marketing, real estate mimicked traditional advertising - a written description of the home along with one or more photos. As technology advanced, the virtual tour consisted of panoramic, 360-degree views, a method used by the majority of real estate Web sites.
However, the virtual tour using video is garnering more attention. Especially since recent software developments, such as that offered by PlaceTour.com, significantly lowering the price while elevating the ease of its use.
Research has shown that most homebuyers prefer a virtual reality tour of the homes they are looking at and video is the perfect medium to showcase any property.
Here are a few of the benefits of using video virtual reality listings as reported by agents:
- More listings.
- Saving time by pre-qualifying buyers.
- More showings to interested parties.
- More accurately reflect the home.
- Provide an edge over the competition.
- At the forefront of technology.
Another benefit of virtual reality real estate listings is that they have shown to spur buyers to action with 72 percent of viewers driving to the house they found online and 46 percent actually visiting the house.
An additional benefit is that 18 percent of homebuyers using the Internet found an agent online, many of them because of the availability of the virtual tour.
MORE ARTICLES:
Real Estate Investment ? Three Ways To Success
If you ever wondered about the most profitable investment avenue, real estate investment comes out tops. Did you know why? As population rises, demand for services and quality living space is bound to grow. Families would look for residences and business would want more offices. Naturally then, owning a piece of real estate would bring higher returns in the form of rental income and capital appreciation over time to beat inflation.
Overseas Investment Property Market Set to be Transformed? Experience International Launch Innovative New Website
Experience International, a dynamic and forward thinking property agent dedicated to showcasing exciting overseas investment property (http://www.experience-international.com) opportunities in some of the fastest growing emerging markets of today, are pleased to announce the launch of their brand new website. To celebrate they are holding competitions to win experiences of a lifetime, read below.....
Real Estate Investment - Why it is Big Business?
When examining the different asset classes, real estate is generally far less volatile than shares and real estate tends to be the haven that investors flock to when other asset classes are suffering.It is true to say that investment properties can have many benefits in terms of building long-term wealth, but we must never forget that this wealth is not guaranteed!Following the global real estate boom of the late 1980's many investors learnt this hard lesson when they found their properties were worth far less than they had actually paid for them and the bottom seemingly fell out of the over-inflated market.
Investing in Real Estate Vehicle for Wealth Building
Real estate is one of the best vehicles of building wealth. Historically real estate has outperformed other asset classes like stocks or bonds, and is reasonably predictable and less volatile.
Design Firm Creates Flash-Driven Real Estate Listing Map for use by Real Estate Agents
This map is scalable, sizable and can zoom from an aerial view all the way down to the street level.
