$500 in 1998..!

By
Services for Real Estate Pros with Florida Eye Tours, LLC

Hi Gang

I met with a local photographer recently to discuss an idea I have for more virtual tours. I have known him for a while and we commissioned him in 2002 for a family portrait. It hangs on the wall in one of our facilities in town and people comment that I look like an English butler, but that's a another story. He was impressed and a little amused, (don't know why he found it amusing?) that I am a virtual tour supplier. He told me he used to provide his clinets with virtual work and that he gave it up in 1998. He also told me that he used to charge $500 per tour for an average size listing, and that the price was never an issue. He gave me the name of the Brokerage and I do believe they would pay that sort of mone back then, they are a powerhouse firm today.

Anyway, that got me thinking. What is a fair price in your opinion, for a virtual tour in this current market? I can go onto your web site and take a look at what you are currently charging, but that's not what I am after. I want to know from you, fellow FSD, what you think is a fair price in todays economy for a virtual tour. It could be 4 spin 8 still, or we could go all in and provide the client with all the whistles and bells. What is fair, what would you go to in order to seal the deal? I go $99 then $129 and all the way to $149 in my area. But there are levels I would go to depending on market, competition etc... And how many of you are using up sell to take advantage of all the extras we offer? I'm interested...

Who wants to step up and fess to the cheapest virtual tour ever offered?? (Freebies are a marketing tool and are not to be considered!)

You would have to pay $500 10 years ago for a sub standard tour... What's going on today? 

Chris... 

 

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