We’ve seen a dramatic change in our business since the pandemic ground everything to a halt in March. Yes, the economy is coming back slowly, there is definitely activity but it’s different. We’ve always marketed our platform as convenience - why just take photos and videos when you can have the whole space on in immersive 3D on your device, showcase it to prospects and walk-thorough anytime you want! Who would not want that?
When COVID hit it changed everything. All of a sudden families were stranded at home and there was a renewed focus on nesting, akin to what we saw immediately after 9-11. What does “home” mean - the answer is different depending who you ask, it’s a space for work, as space for leisure, a shelter and a gathering place for the family. Perhaps they were thinking of moving someday, get a second home or just improving the one they have. Well that moment arrived overnight - it is here now.
While the economy may be in a recession mode from the pandemic with forced shutdowns, the real estate market remains strong, thanks in part to good mortgage rates and the desire of many people in the city to relocate. Knowing they can work from anywhere, why not also love where you live. Technology has played a major role!
How Matterport Virtual Tours changed Real Estate
We scan you space in 3D to create virtual tours. These are immersive, meaning you can experience the space from the first person, akin to a video game. We’ve developed a streamlined process that help realtors get exposure for their listings 24/7, in a physically distant and safe manner. With Matterport, you will be able to engage prospects and carry on business quickly and efficiently from any location, regardless of timezone.
In a survey conducted last month and published Aug. 5, Redfin said that 25% of respondents indicated that the pandemic has made them want to move or has sped up their plans to relocate.
Source: Redfin
Take your real estate marketing to new heights. Learn how we can help getting your home sold quickly with a Matterport 3D Virtual Tour of your home. We use only Matterport 3D and the most advanced cameras to capture the essence of a space for exquisite tours.