Ar_home_b_search
 

Due to the marketing power of the internet and the fact that 87%+ of buyers use this as their source for finding a home; it becomes clear that having eye catching photographs is vital!

According to a study on Point2, the argument for real estate photography is clear.  After monitoring listings for a 30-day period the results showed that the listings with 20+ photos brought in over 15 times more views and nearly 10 times the leads as those listings with a single photo.

An additional study showed that the average Days on Market had direct correlation to the number of photos posted:
- 1 photo = 70 DOM
- 6 photos = 40 DOM
- 16-19 photos = 36 DOM
- 20 photos max – 32 DOM

The price of the home is also affected by this marketing medium:
- 1 Photo = 91.2% of Original Price
- 6 or more = 95% of Original Price

These percentages will increase even more with a high quality photo. 

Your Options:

Take The Photos Yourself – Of course this is the less expensive option.  However, this option is more than simply grabbing a digital camera and conducting a quick point and shoot as you move throughout the house.  As a real estate agent, you understand the importance of marketing and the amount of time and energy that goes in to promoting a home with excellence. 

As we have seen in the above statistics- quality images of a home are a big deal!  If you choose to take the pictures yourself; don’t get intimidated- get motivated!  I recently saw a prelist presentation where an agent dedicated an entire page to photography.  She laid out the value of great photographs and ensured her seller would have nothing less.  At the end she included the photography certification she had received from a local photography school!  Talk about impressive!

Understandably, the real estate industry is non-stop and you’re probably wondering “what agent would have time to take a class?”  I would encourage you to do a quick search online for Real Estate Photography Classes.  What you’ll find are a number of online courses- which are sometimes FREE- as well as an overwhelming amount of articles giving helpful tips.  Run this search locally and see what art schools or community colleges offer a single photography course.

You’ll be amazed at the difference in your pictures after a single course.  Even dedicating a few hours of reading articles online or reviewing your cameras’ user manual can have a profound affect.  The more familiar you become with your camera and the process- the more captivating your photos will become- turning the online audience into interested leads!

If you want the high quality photos, but aren’t interested in taking them yourself; there’s always another option…

Hire a Professional- Search for local professional or freelance photographers to ensure the best quality of photographs.  Be sure to check out their online portfolios in order to get a good idea of their style and level of skill.

As Virtual Assistants, we’re here to help!  We enjoy sharing new ideas or tips to make your life easier.  Have a photography tip to share?  We’d love to hear your feedback!

Need more advice?  Ask your Real Estate Virtual Assistant today?

Allie Hlad
Listing Coordinator

RealSupport Inc. Real Estate Virtual Assistant

The RealSupport, Inc. Team
1232 West Northwest Highway

Palatine, IL 60067

Office: (847) 705-1655

Fax: (847) 589-8989
Info@RealSupportinc.com

Connect With Us:
Our Website
Client Testimonials
"Like" Us On Facebook
Follow Carrie on Twitter
Follow Erica on Twitter

RealSupport Inc. - Providing superior Real Estate Virtual Assistant services to Real Estate professionals nationwide since 2000.

 
This post has been included in Illinois Real Estate News
Post is included in group: Outside The Box
Post is included in group: Online Marketing Help Center
Post is included in group: Need A Real Estate Virtual Assistant? Submit your Requests Here!
Post is included in group: Marketing Tips
Post is included in group: Marketing Services & Tools for Real Estate

4 Comments on Is It Really Worth It? A Closer Look at Real Estate Photography’s Bottom Line

DEC
15
2009
193,035 Points

Great photos are indeed critical to a listing, but in this digital age, no one should really need to go to a professional photographer.

1:49pm • #1

I disagree wholeheartedly! Have you ever seen professional real estate photography? Astounding photographs that cannot be had from a point and shoot digital camera. If the house warrants it, spend the money and hire a professional. If you would like an example of what a professional real estate photographer can do email me.

 

 

Gene
3:45pm • #2
3 Featured Posts

Thanks for the post and the stats.  I do see the benefit of pro photography--especially for higher end homes.  Just look at "homemade" photos vs what you see in Architectural Digest.

7:05pm • #3
DEC
28
2009
216,588 Points 4 Featured Posts Outside Blog Called Shot Master

I would say that your average buyer searching on the net is more in the 90 percentile range and because of this, we hire a professional photographer for this so important tool in real estate marketing to the public and for our clients.

11:54pm • #4

What does the graphic say?

Leave a response…



(optional)
What does the graphic say?