There may be a huge market out there waiting to be tapped into that could multiply the amount of virtual tours we are currently producing. Sometimes the real estate market is relied on too much for our business when there is another residential/commercial segment that can utilize our interactive 360 virtual tours as well.
Not every home or business is for sale, but they do have insurance. Thus, every one of them is a target for the insurance documentation/home inventory sector that can have virtual tours created for them. There may be a bit more work involved in these types of tours but you can also charge more for your efforts. Some insurance companies will provide the paperwork required for the client to fill out so all you may need to do is provide the virtual tours and still photos for the record. Introduce your concept to your local insurance companies to get their feedback.
For all of you that live in regions of the world that are prone to natural disasters (hurricanes, tornadoes, floods etc) this could be a big boost to your bottom line since the insurance companies and clients would be more responsive to the need.
Also, don’t forget that there are always two parties to any real estate transaction – the buyer and the seller. If you created a virtual tour for a specific property that a buyer bought due to the tour, then you know they are sold on its effectiveness. But they bought the home with all the seller’s furnishings, etc and not theirs! So why not hit them up for an insurance documentation/home inventory virtual tour once they are moved in?
There are more details that we are looking into to see if this can be a simple market to enter. If any other providers are currently creating these types of tours, your input is greatly appreciated. All of us working together on an industry like this is a plus for everyone involved!
Remote Global Viewing
S.Nevada/Utah Virtual Tours
Order an Interactive 360 Tour – 702.449.2850