I just wanted to share some interesting information with all of you regarding your own real estate.
Did you know when a home is used for film or television setting, the owners can reap the rewards, and you can too!
Just by renting out your house it can pay for your mortgage for a few years.
Keep in mind although the pay is substantial, this isn’t for everyone. Why you ask, well for starters when you consider you will have over a 100 person crew and lighting people knocking down everything you own, you will also lose what privacy you have. Oh and yes the neighborhood traffic, it’s just that traffic. It is an inconvenience for the neighbors.
This is something to think about.
For this reason production companies are willing to pay fees of $1000 to$15,000 per day depending on the budget of the film, length of time of shoot and the type of home being used.
There are more than the monetary perks associated to this.
Some is the necessary cleaning and the fix-ups. Film companies try to leave a home in the same condition as they found it if not better. The fix-ups are authorized of course with the home-owners permission and can include a new coat of paint to a total landscape overhaul.
And once your home is featured in a movie, who know's maybe a magazine ad will follow.
So while the flood of cars, cast and crew that come along with a shoot can be a temporary inconvenience to the neighborhood, a film can also be a financial boon for an entire community, as well as the state. Local businesses such as caterers, restaurants and hardware stores benefit from the influx of clientele and service needs--not to mention the number of residents employed by the entertainment industry who suddenly have work.
If you want to get a leg up on your competition, list your home with your local film commission as well as with location agencies. These agencies will aggressively promote your property, in exchange for a cut of 10% to 30% of the shooting fee.
Just think of the fun and allure of participating in the process of Hollywood as well as having some nice stories to share at your party, of course, not to mention the added value your home will gain once its been associated and featured in Movie,Commercial or a Magazine ad.