In Mid-January, I conducted a search for "real estate" videos on YouTube and found 400 in total. Four weeks later, there were 1200 real estate related videos posted. This week, I inserted "real estate" into their search engine, and the resulting list generated over 8,000 related videos.
Some of these videos are property videos, while many more are Real Estate Agent self-marketing videos. As I see it, there are two ways for real estate agents to benefit from this video on demand explosion.
1) have their property videoed and have it hosted by a virtual tour company, &
2) video their own "for sale" properties, post it somewhere for free like YouTube, and save the $100 to $250 fees from the virtual tours photography companies. One such site is www.youmeni.com, in their real estate channel.
This video explosion is well under way, and many agents will take full advantage of it. It is a little confusing for some, but all you do is video tape a property, then upload it to a hosting website. Once you have the link, you include the link in all your web listings, or email the link to prospective clients.
It's fast and it's free. And the FSBO people are probably going to catch on to that sooner that most agents.
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