Thinking about adding videos to your real estate photography packages? Besides adding exceptional photography, videos are another service you can offer to increase your revenue. Let’s decode how much you should be charging when deciding on the prices of real estate video packages and the importance of adding videos for your clients.
The real estate business has always been booming. There could be some highs and lows, but if you know the trick, you can be a winner here. The game has changed forever with the rise of social media platforms, online business, and COVID forcing many more people to go online to view homes.
Real Estate Video: What is the Whole Fuss About?
Technological advancement is no longer just a term in scientists’ minds. It has become prevalent in different sectors of industries – including real estate. Now, if you want to spread your footprint in this industry, you have to think about different, innovative ways to promote your client’s property to catch buyers’ attention. That’s where real estate video comes into the scene.
This mode of marketing is emerging as a happening method. Here is why:
360 Degree View
With the usage of video and drones, people get a 360 view of the whole property, including detailed inside and outside views. Matterport is one of the more popular companies when it comes to offering these 3D home tours that you can easily add to your real estate photography packages.
Detailed Information
With a person giving a detailed overview of the property, people come to know different aspects of the property that they might miss if they visit on their own. So, they like it if the agent shows them a video.
No Need to Travel
Traveling from one property to another to find the best-suited property was a huge hassle for people. But with real estate video, real estate agents can send video, and buyers can look at it without roaming here and there.
So, real estate video is no more a plush of big real estate agents; it has become a necessity. But how much should a real estate videographer charge?
Real Estate Video Prices
Since this is a relatively new thing, there is a huge confusion over what should be the set charges for real estate videos. Well, it can go from $1000 to $10,000, tentatively. It depends on several factors.
Here are a few factors that determine how much should you charge:
1. Job Requirement
First, it depends on what kind of work the concerned party wants. Do they also want a person explaining different aspects of the property or just want videography services? Moreover, even if they want just a video, what should be the quality of the video? For example, are they asking for special editing, mixing, some special effects, drone footage etc.? All these factors are important determinants.
2. Market Value
The market value of the locality also impacts the cost of the video. If the client’s property is in a posh area, the price of the video would be high, but it would be the opposite in the case of a less expensive area
3. Required Equipment
This is another factor in determining the cost of real estate video. If they want a shot through a drone and other professional equipment, then you can increase your rates.
4. Type of Video
Walk-through video and aerial footage are two other cost-determining aspects that you should consider before giving a quote to clients.
Let Go Full Frame Give Your Property the Limelight it Deserves!
These are just a few things to consider when you’re thinking about adding video to your real estate photography packages. Once again this can be a great additional addon to offer to your clients and increase your own overall bottom line!
