Ya Wanna Make $450....tomorrow?

So do we show them actual video or not? Do we give them a link to the video we upload on YT?

So the price we are giving them is just for video creation and uploading to YT or giving them the the actual file? Do we need to do video marketing as well for them or we can upsell that at that point. Just asking since I'm sure they will ask well that video is good and all, but how will it benefit me?

I really like to think positive and encourage people in all their endeavors, and I hope that this works out for you but I have my doubts because I am a Realtor. Now here's what I can tell you, every agent is different.

I've seen some top producers whose business is simply built on the fact that they've been around for 30+ years and have tons of referrals coming their way, they are cheap as can be and barely do anything for their clients. Put out a lock box and a sign, print off some 'brochures' at home, take pictures with their cell phone, write SOME ALL CAPS MLS COMENTS, and wait for a buyers agent to sell it.As an agent myself I doubt you will sell many videos. These people aren't buying your video.

Now more commonly a Top producer is actually a highly professional agent, they do the stuff you should be doing, they spend money to market the property. These are the people you think you are going to sell these videos too, but for $170 I get a professional photographer to take 30 photos with their wide angle lens and they create a virtual tour, which is basically what you are offering.

Then there is the other 90% of agents who probably do 25% of the business. Most of them are too cheap to do anything because after they sell their 1 yearly house and pay NAR, the MLS, Sentrilock, and their broker (usually 30-50%) (these are the essentials) they don't have much profit. Most of these people won't even pay Zillow or Trulia $20 month to feature their listing moreless hire a professional photographer. Now, any agent that is too cheap to spen the $170 on the professional photographer is almost definitely too cheap to pay you $190 or $150 for a virtual tour. There is also software out there that companies are pushing on us that strings photos together and adds music for much less than this.

Check out HomeVisit -- Powerful Marketing Solutions For Real Estate , you are going to be competing with companies like them for top agent business. Anybody who buys your video is probably a new agent, wet behind the ears and doesn't know about the alternatives.

In my opinion, someone who KNOWS real estate and is working on his web design business, forget about Realtors.

#1. most are cheap and don't do much business, you will be calling so many agents that don't do deals you are wasting time.

#2. most of the top producers have established systems and relationships in place, have a dang good product to think about breaking in with them, most are also budget conscious. These are the guys you really need to succeed at marketing to agents.

#3. apart from the top producers it is a revolving door type of business. Most people fail because they can't sell, others are like me and can sell but burn out and want to move on so even if you please your customers you are going to have a high turnover.

#4. We get called and emailed off the hook, it is almost impossible to market to me at this point in my career. I already get tons of automatic emails title Re: 123 Your Listing St. from brochure and postcard vendors to data aggregators to you name it. I get calls all day long from people trying to sell me websites and social media management and my face on the shopping carts at my supermarket and my face on the Rx bags at the pharmacy and my face in some paper whose distribution they don't know and they work with Google and they work with Bing and blah and blah and blah. Marketing to realtors is OVERSATURATED.

Anyways, that said there is a ton of money that we spend, but I'm afraid there are so many people trying to get a peice of the pie it doesn't leave a very big slice for you my friend unless you have some serious economies of scale. Anyways, if you can build a business like Homevisit, you got a shot, otherwise your next best option is getting a wide angle lens and doing some photography for agents. Some agents would rather go for an independent that will charge them $120 or so, a lot of them will throw in some brochures or string together a virtual tour or a floor plan or whatnot.

This won't work where I am either.

Realtors get real virtual tours for $99 all day long.
Where a pro goes to the property, takes panaramic shots, and stitches them together.

The same VT company can also make flyers and add SMS codes to them.


Good luck wit yer vid on Specs er tour thingee...

Man, you just gave me a great idea with this post. We recently bought and sold a house and I realized most of the listings are crap. We hired the agent with the best listings in the market and sold our house on the 1st day because of it. What most agents need is someone to make them a killer listing because it's clear most aren't good at it. In houston we have HAR and half of the listings the listings aren't even complete and way too many don't have images at all. I think there is a huge market for this service and it would sell like crazy.

Most anyone here that has been half way successful in IM could make a better listing than the average real estate agent.

I have my doubts about this too. Real estate agents are a tough nut to crack, at least from my experience. I recently offered a free video doing this for a fairly large list of agents in my area.

Some of the more successful agents called me back and were somewhat interested, but most were just too busy selling homes (market has really picked up here) to really care. One told me that they really don't need marketing tools to sell homes because they are selling so fast right now. Another told me that the majority of agents realtors are pretty cheap and won't spend money for something like this.

I do believe they would pay for listings though. That seems to be what realtors really want. So if you can generate leads for home listings, you could probably do pretty well.

MIDAS, how many RE agents have you sold this to recently?


The thing RE agents will really pay money for is listing prospects. That's where IM people should focus. Lead gen for listings.

I list my stuff RE by owner or sometimes a RE friend will list my stuff for me for very little. Most agents want to build up network and be a listing agent, put it on MLS and sit back to collect a commish. It's almost offensive that they do little or nothing to actually sell your property once they get the listing other than list on MLS. Listing agents rarely ever find a buyer to show your dang house to. They usually just blow smoke up your butt for a high listing price, then a week after you sign the exclusive listing agreement, they start beating you the client up over the head, to lower your price. I think most RE agents are overpaid for what they do, kudos to REALTOR association for putting out the propaganda

But they will pay for listing lead gen. and most people hammer them with selling tools/services/marketing for selling a property after they list it. They don't give much of a crap about that and they get hammered as many here mention. Focus on generating listing leads and they'll pay you a bunch.

I think its funny when I hear things like "this won't work in my area,"

or "the market is oversaturated."

Usually, there is no such thing....you'd be surprised how much money you can make properly marketing in an "oversaturated" industry.

The reason why most people don't find success....is

#1 They have a bad plan.

#2 They don't stick around.

Get out of here with this $hit dude!

You are teaching people to break the law by sending unsolicited business emails with a deceptive SUBJECT LINE!

All Business emails are required to clearly communicate the commercial intent in THE SUBJECT LINE.

What did you just do? Post an image of the check please.

Hi there,

So show us one YOU did, not some crew in NJ.

All the best,

Sasha.

So we've moved from something he "JUST DID" to "Most of my agents" implying that now he's got a host of agents he's done this for? Confused now to what really is the truth here.

Don,

Do you still do the Welcome Service book?

I know your video for realtors idea isn't
limited geographically. Still, if someone
were to work this in their own town, why
not leverage the connections with realtors
to set up distribution channels for the
Welcome Service books?

Home sales are holding steady. Might be an
opportune time to roll this out.

Just something to think about.

Is that crickets I hear?

Haters gonna hate.......just the way things are.

Hi Don,

Your posts while somewhat informative always fall short of the mark. You posted a photoshopped sample in another thread and then when someone remarked on it, you touted the same nonsensical line as you have in this thread:

While most likely well intentioned, your sharing is like giving a child a locked box and telling them there's sweets inside, but that you won't give them the key to the box. They'll just have to take you at your word that there's candy in there.

All the best,

Sasha.

Keep doing what you do Don!

A shared idea is a gift in and of itself so hopefully you just brush the dirt off your shoulders and keep on sharing. Whoever it's meant for will get what they want from it, not feel entitled to the experience without actually creating it.

But I don't blame you for having boundaries as to how deep into your business you go when you share something. We all should, shouldn't we?

I just hate to see you catch so much heat just about every time you share something though.

MIDAS/Don, why do you get so defensive?

I just asked a simple question if you have sold your idea to any realtors/homeowners recently?

Ideas are great, but recent real life feedback and testing/results are important.

Wow, reading this tread makes me not want to read here in the warrior forum. I never seen some many negative comments. A guy sharing what he did to make some money and all of the negative comments, wow. I see why most the people here don't make any money. You have to try it for yourself. It might work for you and it might not. You never know until you try. I have learned what I didn't think would sell sold. And what I thought was a great ideal wasn't so great. Test Test and Test.

How about selling these videos to the For Sale By Owner section of Craigslist?

Watermark the tar out of them & offer the clear version plus ranking it (Fiverr gigs) for a price.

Would probably work for boats & high end cars as well.

I had a 42 foot catamaran that took me over a year to sell. I wish I had known about video marketing at the time. I'd have happily paid $200 bucks to help me get rid of that thing.

I hired a broker & wound up paying him $2500. It was money well spent.

=============

Hang in there Don. I enjoy your posts. Some of us appreciate you.

Hi Don,
This is a great idea and thanks for sharing. I know a ton of realtors, just in our little community. I'm a visual learner, so, all of your instructions are great, but, it doesn't really help me. Is there a video that shows a step by step, how to with this plan?
Good luck, sounds great!
Geri Richmond

Im doing this today. One problem-how do i watermark the videos? Im making some now, but no idea how to watermark. Do i do this somehow within photostory, or after the videos are made?

My other concern is that most of them say 'it is not ok to contact this poster with commercial concerns' or something similar. What to do about that?

I found a 360 photo site that is good for homes and anything else you do photos and upload they host for you as long as you need for a monthly fee can upload as many as you want must see for yourself would add to what this threads about.Google youspin it's a .co site I have no affiliation with it.