What is your take on RTV and the current virtual tour market?
There is definitely a need for RTV services. I held a photo seminar at a real estate company last week to show REALTORS that listings presented on MLS have bad photos and, in my city of Calgary, Alberta, there are few multi-media presentations and lots of terrible photos. (I would bet it’s the same where you live).
We went live on the Internet to find some examples at random and went through a few with some suggestions on how to improve them. I’m not worried that REALTORS will learn something about photography, but they will regard me as a “expert”. Of course, I told them about my company and RTV and got three bookings from the seminar.
I can’t stress enough that you have to get your face in front of REALTORS with emphasis on service. To be right up front, Jim, when REALTORS take a beating in the market, you will too, especially if you don’t have an alternative plan. RTV has that alternative with Choice Hotels and their national photography service tour track system, so when the market is down in real estate, you can be doing something else, like motels, hotels, resorts, restaurants, etc. I have done six senior citizen homes this spring at rates about five times a real estate listing.
Is the virtual tour business a good business? Absolutely. I have direct contact with Jason LaVanture, the vice-president and founder of RTV for counseling and advice. So would you. The management and new marketing department at RTV is very accessible.
As far as money is concerned, there is no limit. As I mentioned above, seniors home provided five times the revenue of a real estate listing and with baby boomers reaching 65 in a couple of years, the demographics are creating lots of competition in that market.
I can’t say enough about RTV, their assistance, virtual tour product, webinars, provider network and more.
My advice to you: Go for it!
All the best,
SPINNERMAX, INC. Real Estate Photography
Tel: (403) 850-0801 Fax: (403) 398-1428
Calgary Virtual Tours