To better fully grasp whether or not your video production business can certainly make money capturing video tours for your real real estate industry, you must initial understand the customer. Real Property companies consist of multiple agents that are simply self-sufficient contractors. Acquire more information about Latent Productions corporate video production london
The Realtors quit a small amount of each sale on the agency in exchange for name brand reputation and admin services such as office space, secretaries, sales training seminars, technology training, etc. The individual real estate agents are accountable for funding their own personal marketing endeavours. (i.e. internet tours, newspapers item listings, magazine listings, personal advertisements, and many others.)
Following introducing our product to a few Real Residence brokerage firm firms, the best managers all produced it quite obvious the agency is not going to pay for internet tours. Knowing that you will not be effective in marketing your product towards the various agency management, it is vital that you learn more about the person real estate professional.
The average agent is a 43 year old woman who tends to make around $40,000 annually. All those statistics tell you a lot concerning your potential customer. Very first, how good can this market use technology? My experience is that we now have only a few from the real real estate businesses that are techno literate.
You find yourself not just attempting to market your video production services, but training the real estate professionals on how use their pc also. Not entertaining! Second, she only makes $40,000 a year. Now I'm positive that's in fact bills, but you will still be dealing with an individual/company that a lot of probably grosses about $65,000 annually.
The number of organizations do you work with or learn about that make the most of specialist video production services if they can't even crack the 6 digit symbol in gross cash flow? The end result is the common real estate agent can't afford to pay for your video services unless you want to fee them under $100 per video tour.
A few of you may believe that $100 per tour will be fine if you got enough quantity. If that's the case, let me break down the length of time it usually takes to make a high quality video tour.
I'm first planning to assume that you is definitely not including a voiceover towards the tour. (If you do, it will require about an hour or so between writing the script, acquiring it approved, and documenting the voiceover. If you experienced a skilled do the study, you would be required to pay them as well.)
Okay, so you obtain the purchase from Joe Realtor to produce a video tour of his lake side property in Anytown, USA. The first thing you need to do is schedule a time and energy to meet the real estate professional in the home. It will usually acquire an average of 20 mins to reach the property. When on location, it requires about an hour or so to snap the inner and exterior of the home.
After making many tours, our team got it right down to about 45 moments. Add another twenty minutes to get back to your studio room. If you are effective together with your non-linear modifying system, the article process takes about a half-hour. When you have finished the change and added music, it will take you about 10 minutes to encode the video to display or windows multimedia.
Then you'll invest about 10 minutes uploading the documents to the video variety. After the records are prepared to be viewed on-line, you would like to examination them to make sure they search fine. That will consider about 10 a few minutes.
Following you are content with the standard, you will forward the "website url hyperlink" to the real estate professional as well as their web designer, and i also would advise eliminating a copy in the tour to DVD for that realtor also. That takes another 10 a few minutes roughly.
So, to make one video tour, encode for an internet video file and burn off to your Digital video disc, it had taken 2 hrs and 35 minutes. If you split that by $100, you've grossed roughly $40 an hour before costs. Now let's look at what you actually consider home in income.