Please wait as we prepare your PDF file ....

Mission Chronicle Blog

Search Blog

our goal is to help you stay informed by providing timely and interesting articles.

Use virtual real estate to connect with buyers just about anywhere

10/14/2019

Download PDF

The luxury real estate space comes with many opportunities, but there are challenges as well: for example, how can you bring more potential homebuyers to see properties in a destination or remote market? The answer may be simpler than you think: invest in virtual technologies.

That’s certainly the view of David McHugh, a real estate professional with LIV Sotheby’s International Realty in Vail and Beaver Creek, Colorado. “Vail and Beaver Creek is a second-home market,” he explains. “90% of my buyers don’t live there. And that’s really where we embrace technology, to get in front of those people. It saves them time.”

Virtual reality enables clients to experience a home for the first time without having to travel to it — but more than that, it’s exciting and offers clients a unique means to engage. “Many people have never experienced virtual reality,” says McHugh. “It’s a much easier way to start a conversation with someone when they try something new that they’ve never done before.”

To him, the return on investment for these tools might as well be a thousand to one. “I always want to be so far ahead of everyone else that I’m not worried about the broker at some other company, and that’s the game changer.”

About Sotheby’s International Realty

Sotheby’s International Realty was founded in 1976 as a real estate service for discerning clients of Sotheby’s auction house. Today, the company’s global footprint spans 990 offices located in 72 countries and territories worldwide, including 43 company-owned brokerage offices in key metropolitan and resort markets. In February 2004, Realogy entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a franchise system. The franchise system is comprised of an affiliate network, where each office is independently owned and operated. Sotheby’s International Realty supports its affiliates and agents with a host of operational, marketing, recruiting, educational and business development resources. Affiliates and agents also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit www.sothebysrealty.com.

The affiliate network is operated by Sotheby’s International Realty Affiliates LLC, and the company owned brokerages are operated by Sotheby’s International Realty, Inc. Both entities are subsidiaries of Realogy Holdings Corp. (NYSE: RLGY) a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. Sotheby’s International Realty Affiliates LLC and Sotheby’s International Realty Inc., both fully support the principles of the Fair Housing Act and the Equal Opportunity Act.

Source: click here

Read More

INSPIRED, INTELLIGENT, INSIGHTFULL

STAY INFORMED WITH TIMELY AND INTERESTING ARTICLES FROM OUR BLOG, MISSION CHRONICLE. OUR ASPIRATION IS TO PROVIDE REALTORS AND OTHER REAL ESTATE INDUSTRY PROFESSIONALS WITH EXCEPTIONAL RESOURCES AND SHARE OUR KNOWLEDGE TO PROPEL YOU TO YOUR GOALS.

  • 6 time management tips for brokers and team leaders

    We reached out to team leaders and brokers for some of their game-changing ideas you might not have ...

  • A brief history of the open house

    Open houses, which have been evolving for 100 years, used to draw thousands of people and stretch on...

  • Pulse: How do you overcome ‘I want to wait for interest rates to drop’?

    We know you handle countless objections every day. In our ongoing quest to find the best handlers, w...

  • Smart-home tech for agents: Best smart outlets

    In this weekly column, hosts Brandon Doyle and Colton Pratt walk through smart-home products and sho...

  • S2E1 – A CEO State of Mind

    Leadership can be an elusive concept. There’s no true recipe for success, as leadership styles var...

  • As California rolls out short-term rental regulations, investors look elsewhere

    Los Angeles, which thanks to its beaches and good weather is one of the world’s most popular d...

  • Are open houses too dangerous to justify?

    Following a wave of headlines about open house-related crime, agents say safety issues are a growing...

  • Pulse: 26 handlers for ‘Another agent said we could get more money’

    We asked, and you all came out in droves to share your best responses. Our favorite handlers from la...

  • WATCH: IBuying disrupted — the Battle of the Behemoths

    Take a deep dive into your business and the new factors shaping the future of real estate at Inman C...

  • Proptech funding shows no signs of slowing down

    The U.S. real estate technology sector nabbed $1.9 billion in growth equity capital in 2019, accordi...

November 2019
Mon Tue Wed Thu Fri Sat Sun
« Oct    
 123
45678910
11121314151617
18192021222324
252627282930  

  • Polls

    What information you are looking for?

    View Results

    Loading ... Loading ...
  • Last month Results

    How Is My Site?

    • Good (100%, 3 Votes)
    • Excellent (0%, 0 Votes)
    • Bad (0%, 0 Votes)
    • Can Be Improved (0%, 0 Votes)
    • No Comments (0%, 0 Votes)

    Total Voters: 3

    Vote

    Loading ... Loading ...