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Old 02-10-2021, 12:28 PM
 
Location: los angeles county
1,763 posts, read 2,047,359 times
Reputation: 1877

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matterport says their subscriber base grew 6x in 2020, and 2020 revenue went up 87%

covid forced people to use matterport 3D tours

will this now be expected of most listings?


how do you think that would impact buyers agents
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Old 02-10-2021, 12:53 PM
 
Location: Cary, NC
43,284 posts, read 77,115,925 times
Reputation: 45647
Matterport is going public. I'm more concerned about impact on their service or quality than anyone's concerns about agency.

https://www.cnbc.com/video/2021/02/0...res-group.html
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Old 02-11-2021, 04:06 PM
 
Location: Just south of Denver since 1989
11,826 posts, read 34,436,540 times
Reputation: 8971
Why would that impact buyers agents?
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Old 03-04-2021, 09:13 AM
 
Location: Phoenix, AZ
6,341 posts, read 4,903,282 times
Reputation: 17999
Quote:
Originally Posted by oh come on! View Post

how do you think that would impact buyers agents
I don't care how it would impact buyers agents.

If you like what you see in the video (which are generally exaggerated) make an appointment to see the house close up and personal. If your buyer agent won't cooperate, get another agent or deal direct with the listing agent.
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Old 03-04-2021, 12:09 PM
 
3,608 posts, read 7,922,824 times
Reputation: 9180
3D tours and internet photos are only good for down-selecting. Almost no one will buy a house without seeing it in person.
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Old 03-04-2021, 03:24 PM
 
Location: Cary, NC
43,284 posts, read 77,115,925 times
Reputation: 45647
Quote:
Originally Posted by rational1 View Post
3D tours and internet photos are only good for down-selecting. Almost no one will buy a house without seeing it in person.
To a point.
Houses sell every week here with offers from people who haven't seen them in person.
With large nonrefundable deposits.
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Old 03-04-2021, 03:45 PM
 
21,932 posts, read 9,503,108 times
Reputation: 19456
I still think it has some ways to go. I find it is not that user friendly.
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Old 03-05-2021, 12:51 PM
 
Location: Danbury CT covering all of Fairfield County
2,636 posts, read 7,432,146 times
Reputation: 1378
Not so much in my market,as the cost for a tour is prohoivte unless it's a luxury home.
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Old 03-09-2021, 03:42 PM
 
Location: Needham, MA
8,545 posts, read 14,025,464 times
Reputation: 7939
Quote:
Originally Posted by jdhall1 View Post
Not so much in my market,as the cost for a tour is prohoivte unless it's a luxury home.
Really? What are people charging for Matterport down in CT? I'm surprised it's so much different from what I'm paying up here in MA.

The cost of these tours should go down as the sunk cost of equipment is much lower. Originally, you had to spend thousands on a Matterport camera to create a tour. Now, you can buy a 360 degree camera from Ricoh and create the same quality tour. A really nice Ricoh will set you back $1K. The Matterport camera last I checked was $5K. Cost of entry is now much lower which will increase the number of vendors and push pricing down due to increased competition.
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Old 03-09-2021, 07:02 PM
 
Location: Raleigh NC
25,116 posts, read 16,215,541 times
Reputation: 14408
Quote:
Originally Posted by oh come on! View Post
matterport says their subscriber base grew 6x in 2020, and 2020 revenue went up 87%

covid forced people to use matterport 3D tours

will this now be expected of most listings?


how do you think that would impact buyers agents
are you still an agent (full-time, your sole source of income) or gave up and doing something else now?
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