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Is sight unseen the future of selling homes?

By Real Estate Videos, Virtual Tour No Comments

Learn how virtual tours are keeping real estate transactions moving forward

COVID-19 pandemic

During the COVID-19 pandemic, most industries have been unable to escape the urgent need to adapt services for an increasingly online world, and real estate, which has traditionally conducted business in-person and on-site, has certainly not been left untouched by this.

The industry has seen the majority of renting and selling processes either put on hold, moved online or proceed with added safety measures. But despite lockdowns and restrictions, many people still need to sell homes.

The industry has seen an incredible increase of virtual viewings that has led to growth in buying or renting without viewing the property or ‘sight unseen’.

Reserved Reluctance

Buying or renting ‘sight unseen’ has traditionally been viewed as risky. The industry has been reluctant to shift transactions online because many processes have required in-person interactions to secure a sale or lease.

Before the internet, Zoom, Facetime, and virtual tours, buying or renting ‘sight unseen’ was handled through photos of the property or having an agent representing the client to view properties on their behalf.

Technology has decreased buyers’ hesitancy, reflected by millennials who grew up with the internet. According to research conducted by real estate brokerage Redfin, millennial homebuyers are more likely to buy a home sight-unseen as compared to older buyers.

Risks + Benefits

One of the main risks for buying a property without seeing it is finding issues that are not obvious in photos or virtual tours - such as pests, traffic noises or infrastructure problems - which could result in agency lawsuits post-purchase.

Virtual tours have proven to drive higher offers and help sell homes faster. They give agents the opportunity to reach a wider audience by making virtual open houses available 24 hours a day to prospects living anywhere in the world. People can house hunt safely within the comfort of their own homes, limiting contact and minimizing risk in this current environment.

In addition, more prospects are able to walk through the home to see if it’s the right fit before requesting an in-person viewing, which frees up the agent to only show it to serious buyers. The seller appreciates less traffic in their home, especially now with social distancing restrictions. And, there is also a great environmental benefit due to the significant reduction in miles traveled to and from the property by both the agent and prospects, decreasing the amount of fuel burned and carbon emissions released.
The industry has seen the majority of renting and selling processes either put on hold, moved online or proceed with added safety measures. But despite lockdowns and restrictions, many people still need to sell homes.

The industry has seen an incredible increase of virtual viewings that has led to growth in buying or renting without viewing the property or ‘sight unseen’.

Real Estate Videos. Which Is Best For You?

By Drone Videos, Home Tour, Real Estate Marketing, Real Estate Videos, Videos, Virtual Tour No Comments

Did you know that we provide multiple styles of Real Estate videos?

 

We always make an agent’s property look their best in our videos.

Things like bad lighting can take away from a video home tour’s impact.  We provide lighting to bring out the color and detail in every part of the home.  Our aerial video utilizes vivid color and clarity to show the home and surrounding scenery in a majestic way.  By using 4K video the viewer will experience the utmost in resolution for detailed viewing and be more engaged.

Synergy’s videos are made to be attention-grabbing videos that will captivate your audience and show your brand.

We do all the hard work so you can spend more time on what matters most for your clients.

Complete Video Home Tours

This shows the complete inside of the home as well as the outside.  Aerial (drone) shots are included in this video package.

Short Teaser Videos

This is a short video that only shows the homes’ features.  Not all rooms are shown.  Aerial shots are included in this video package.

Aerial/Drone Videos

Aerial videos are the only way to capture large properties! Aerial Videos show the property and surrounding scenery in a majestic way.

Interview Style Videos

A great way for viewers to get up close and personal with a Real Estate Agent or Builder. This showcases what they do and how they are different.

View more

Contact us today for your Custom Video!
970-639-9225