Josef Katz, {Marketing Maestro} (Digital and Direct Response Marketing)

Spam prevention
Rainmaker
824,343
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

**OLD SKOOL ADVISORY**
Virtual reality technology may ease the decision making process for some. However, real estate remains local and tangible. The novelty will quickly wear off and folks will revert back to wanting to see, feel, taste, touch, SMELL, analyze and decide themselves without that influence.

The trouble with anything like VR = it can be altered.

Oct 22, 2017 08:37 AM
Ambassador
3,770,724
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

We've been dealing with Virtual Real Estate companies for years here in Charlotte. It stinks when you're on the other side of a seller who selected them - all of the work falls on the buyers' agent. 

However, I will say, those sellers lose more than the commission they think they are saving when I'm through negotiating with them!

Not a wise choice if you're a seller in our area!

Now, if you're talking about virtual reality - it doesn't get more 'real' than a good, old fashioned, walk-through virtual tour...also something that I've been providing my sellers for years!

Oct 22, 2017 09:40 AM
Rainmaker
1,079,001
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Gimmicks until proven to boost sales...like drone most of the time.

Oct 22, 2017 08:36 AM
Rainmaker
2,903,502
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I do not have a crystal ball. Most start ups fail. Which companies will survive and which will thrive ... I have not a clue.  

My thoughts are there "Ain't nothin' like the real thing baby." 

Oct 22, 2017 08:15 AM
Rainmaker
799,921
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Yes. I think it is going to be the way of the future. -Kasey

Oct 22, 2017 08:20 AM
Rainmaker
1,423,304
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Welcome to the game...

Oct 22, 2017 07:33 AM
Rainmaker
3,569,767
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

What's VR technology?

Oct 22, 2017 07:12 AM
Ambassador
4,847,141
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

A fun tool to play with, but it is not at a level that is it likely to be worth the investment yet.

Oct 22, 2017 01:51 PM
Rainmaker
1,101,939
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

I am sure NAR lawyers are amending faked, doctored or altered images as imaginative.  

Oct 22, 2017 10:23 AM
Rainmaker
1,632,342
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

I think it's an idea that is coming but not yet here. The best we have is Matterport but many buyers just don't like how that whole thing feels. Makes some people nausous.

Oct 22, 2017 09:59 AM
Ambassador
2,491,988
Fred Griffin Tallahassee Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Is it cost effective? 

Will it only work on high end properties, or beachfront/waterfront/mountain veiw/ golf course properties?  Or can it be used on mid-priced suburban homes?

What has a future?  Drones, and 3-D imagery.

Oct 22, 2017 09:40 AM
Rainmaker
5,982,938
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

My experience is that buyers prefer reality.

Oct 22, 2017 09:37 AM
Rainmaker
5,008,217
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Josef,

It is not going to make you more successful, they are only tools,  The bottom line is they work in some markets and they flop in others.  A

Oct 22, 2017 09:24 AM
Rainer
135,518
Anthony Kirlew
Group 46:10 Network @ eXp Realty - Gilbert, AZ
Helping You Make Fiscally Sound Choices

I am convinced it will have a significnt role in marketing and definately in real estate. There was a local seminar in town recently on it that I missed due to a full schedule, but I was really looking forward to learning more.

Matterport did publish a Guide called 10 Ways to Use VR to Win Listings which you can download for free here: http://try.matterport.com/ebook-10-ways-to-use-vr-to-win-listings/

Oct 22, 2017 08:44 AM
Rainmaker
3,713,172
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

I have not given it much thought not being a techie. It is being used in to be built buildings with some degree of success.

Oct 22, 2017 07:23 AM
Rainmaker
5,444,217
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

ditto to what Nina asked!!!!

Oct 22, 2017 07:16 AM
Rainmaker
587,111
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

I think we'll eventually get to a virtual reality system that will change the way we do business.

Oct 23, 2017 12:10 PM
Rainmaker
887,897
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

I can see the benefits but believe the tech is not ready yet - a few more years at least before VR becomes viable for many things

Oct 23, 2017 06:33 AM
Rainmaker
798,967
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Live Reality beats Virtual Reality. But the same applies with photos, virtual tours, etc. People usually don't film or photograph all the negative things about a property. Test, test, test.

Oct 22, 2017 10:03 AM
Rainmaker
1,316,642
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I'm not a fan.  I've viewed a few of the Matterport 3d tours and was not impressed.  Took forever to load and just too many problems.  I also don't see VR taking off in any industry expect the porn industry.  I hear it's already getting traction there.

Oct 22, 2017 08:50 AM
Ambassador
1,706,758
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

At the expense of products like Matterport which I think you are referring to then the expense is too high and the selction and competition too limited. For true VR, ask what Mark Zuckerberg thinks about his VR trip to Puerto Rico.

Oct 22, 2017 08:24 AM
Ambassador
4,307,769
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Getting foothold in our industry.

Jun 30, 2018 10:16 PM
Rainmaker
4,445,993
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

It may be popular in some areas, but don't think it will stay around! 

Oct 26, 2017 05:59 AM
Rainmaker
3,535,326
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Good question will have to see what other have to sale.

 

Oct 23, 2017 11:53 AM
Rainmaker
4,798,978
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I think they still have a long way to go.

Oct 23, 2017 06:57 AM
Rainmaker
4,432,971
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No opinion.

Oct 23, 2017 06:08 AM
Rainmaker
832,128
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Time for a open house purposed for market research.

Give attendees milk and cookies and use the puters you have set up to tour homes you have selected on the Internet that exhibit these technologies.

You are going to be surprised by the consumer comments you will receive.

And very likely will reallocate how you spend your dollars.

Oct 23, 2017 05:51 AM
Rainmaker
1,418,377
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Josef Katz I'm not a big fan. What is the bottom line ROI. If you can justify it go for it.

Oct 23, 2017 04:46 AM
Rainmaker
3,067,302
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Kathleen Daniels nailed this one!

Oct 23, 2017 04:07 AM
Rainmaker
634,116
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

We are using VR glasses in a development so buyers can see what it will look like when fully built. People enjoy it and for many it does add to their experience and sense of knowing what they are buying. But it falls far short of the real experience of a genuine walk through.

Oct 23, 2017 02:05 AM
Rainmaker
1,507,472
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

I love all new technologies. Bit companies are now offering some help with VR, but i'm with a small company and at the moment VP is too expensive for me for regular use. 

Oct 22, 2017 08:34 PM
Ambassador
3,985,488
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Photos have long inspired buyers to want to look at homes but until they are inside with all the senses kicking in, the desire to make the offer is stymied. 

Oct 22, 2017 07:46 PM
Rainmaker
3,985,587
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I have no need for one...yet!

Oct 22, 2017 07:12 PM
Rainmaker
2,570,673
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

I believe & support the traditonal conventional ways. Technology disagrees

Oct 22, 2017 04:40 PM
Rainmaker
3,209,240
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

It will be interesting to use to walk through a home while sitting in your own home

Oct 22, 2017 03:53 PM
Rainmaker
2,017,055
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Down to Earth show and tell with the community flavor, with full motion video and natural sound. Do that and there is nothing artificial about it. It is delivery of the community, of the property listings. Video, real video with natural sound, just implement that. 

Oct 22, 2017 03:25 PM
Rainmaker
1,599,288
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

We alread do 3D virtual tours. That seems to be enough for right now

Oct 22, 2017 11:40 AM
Rainmaker
1,231,218
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Missing my magic wand today, but you have a few answers.

     Wizard

Oct 22, 2017 11:36 AM