3 New Tour Locations POSTED -- can't wait to see you on tour! Also, Spring2019 for the investing course ENDS 5-31-2019. See you there! meetkevin.teachable.com/
Really love your content and all of the valuable information you put out there however the courses are really expensive for the average person. I’m in my first year of college and not everyone has $300 to spend on an online course! Maybe $99? I bought Tai Lopez 67 steps for $67
@@theboricuabuilder1936 : The course is an investment; you are investing in yourself and your education. If you keep telling yourself that you can't do something because of x-y-z reasons, you are causing resistance against your personal development. Successful adults find a way to make things happen. Unmotivated people will find excuses for not being able to do things. (1) Kevin mentioned a Visa credit card with 0% APR for the first 18 months in this very video. Try speaking to your local bank about opening a credit card with a 0% introductory rate, use it to pay for the course using the coupon code, then pay off the credit card over the next 18 months. (2) If you have relatives who can help you out, you may try communicating your goals with them to see if they can pay the course for you. You can even offer to repay them at a later time, when money becomes easier for you. (3) Get a part time job. Many college students work while studying. Once you get the money you need, you can quit- just be sure to give a 2-week notice so management can hire a replacement before you leave. (4) Cut back on all of your expenses and use the savings to pay for the course. If you save up $100 per month, you'll have your money before the end of summer. (5) If you have stuff hanging around your home that you don't use, consider selling it. There are several free online websites where you can list and advertise the items for sale within your community, such as Marketplace Facebook. I just gave you five (5) ways to come up with a few hundred dollars ❤
Sy Guzman I actually just got a secured credit card a few months ago at Wells Fargo. I’ve been trying to slowly build up my credit & I also have my own small sneaker business but that still doesn’t mean that this course is affordable. I know it’s an investment in yourself; just saying it could and should be a little more affordable for the average person. I appreciate your input though! Thanks for the advice
This is your best video ever, no joke. You plugged your stuff in a very nice, non-intrusive way, great camera work overall to stay captivated, you explain things like the learning curve, address the start-up costs but also go over ways to mitigate issues like getting insurance.The effort you put in, is amazing. Subscriber for life!
yep... My thoughts exactly... i have a pretty nice business, that´s enough to live my life and pay my bills where i'm from, but i'm seriously thinking about changing my life around because of this opportunity ;)
All information is available for free somewhere if you are willing to invest the time into finding it. And even if you aren't, a lot of the people providing it for a fee are con artists. Either way, paying for information or advice is for chumps.
This is legit! I have been watching your videos now for a bit. I've been an entrepreneur for 8 years now. This is amazing advice to start a legit business with amazing upside for a good operator. The startup plan you essentially provide is cheaper than what I started with and I now manage 220k in cash flow each month among 3 cell phone shops, a vending business, and a rental property. This is so great for people actively hunting for a good idea to start their life working for themselves. I am considering buying one of these myself and starting to let people in my networking groups know I can deliver this solution. My skill has always been creating jobs and work and then delegating them out and this checks multiple boxes for me.
Fucking shit yeah, i live in brazil, i started a small cell phone repair business too, and this ticked every box i have for an investment, damn i can make the price of the camera in less than one month here. You're my kind of guy, and probably know Louis Rossmann already.
In my area no realtor is going to pay that much for a 3D tour. To anyone seeing this, google for 3D tours in your area, to see a more accurate earnings potential. Other than that, great vid!
Getting out of real estate in 2 months.... Moving to a vacation town out of the country. Going to start a business doing this!!!!! So many high end vacation rentals and listings and no one in the entire country is doing it! I have been researching info on the subject and this is by far the best video I have seen on it. Lot of great info... thanks!
Good step by step info, but most markets you’d have to really swindle someone to get them to pay $900 for a matterport scan on 1500sqft. In my small town of 40,000 people there’s at least 5 competitors with matterport cameras offering less than .10c/sqft. Not much profit on 3d scans unless you have a huge customer base and hiring out people to scan properties for you. The real profit is in hard work, quality photography and video that actually turns heads and gets your clients properties noticed.
Thank you so much for this information Kevin. I took action right away after watching this video 9 months ego. I was able to make 30k doing 3D scans as a side hustle. I'm about to get my 1st rental property with this money. This video changed my life . Thank you again from the bottom of my heart.
What kind of clients did u go for? Is your business still going strong? What camera and software did u end up using? I’m thinking of starting myself and I’m interested in the steps you took. Thanks
I just started a side 3D tour business 😁 helpful tip to others if you go down this path, iphones vs the actual matterport 3D cameras... choose the matterport 3D cameras. The iPhones don’t compare. At least my iPhone 7 doesn’t. The newer ones might though. I had troubles with the app on the 7, kept closing on me halfway through and I’d have to restart. Took forever to get 1 room done and it was kind of patchy
This is a great way to start many small businesses! Just replace the camera with landscaping or power washing or some other service. Overall very basic, very good advice
I loved that part of the original video about the matterport. I was super curious about it so I'm gonna love the video. Thanks Kevin! For anyone seeing this in the future: You don't need an ipad anymore. They have the app available for android from the play store.
I only need 70k to live beyond my means so I guess I only need to do regular scans for $500 140 times and boom I’m financially stable with over half a year of down time this is great
prospecting for business is tough. Realtors are generally fucking cheap, and don't want to spend money upfront on shit like 3d scans. because even these days, good photos alone, along with a good price, are enough to sell a home. You don't want a 3D scan which will show all the defects of the home. The photos are there to entice buyers to come see a home in person. Too much detail, and maybe you shoot yourself in the foot and scare buyers away.
@@kkp4297 SOME real estate agents are cheap, and by some I mean noobie agents. I have some knowledge about what high level agents spend money on because I was a developer for a real estate CRM called Firepoint. Agents spent Hundreds a month for our sevices. Besides that point, real estate brokers are probably the people that would use this service the most. You'd be surprised how valuable 3D tours are to successful agents and brokerages.
@@DamonNeal The topmost producer in my city still doesn't use 3d scans. She sticks to pro photos only, and she sells $70million per year. Some of these are mansions too, which you would think would benefit from matterport. But nope, she doesn't use it, even though she knows about it. Ask most buyers if they even watch videos, and they say NO. Truth is, matterport is only a gimmick, albeit a useful one, to entice a SELLER to sign a listing agreement with you.
kk P believe it or not the 3d virtual scanning videos attract more buyers to the real estate agents because first people out of the area will like it to see the tour without bother driving hundreds miles for the tour.second these videos are considered legit from the buyer point of view so the reputable Realtors would use them to offer the best service
I shoot real estate for a living in Orange County. Not sure if you’ve priced out matterport in your area, but it’s basically a race to the bottom. Some companies are charging $199 for matterport $199 for photos and less for drone. Your numbers are twice as high as here.
service can make a huge difference in price. restaurants have that between fast food and michelin 3 star. Just showing up 10 minutes early. Looking professional. Communicating professionally. These can make a huge difference in perceived value to a client.
@@MeetKevin but matterport is just point and shoot. If photos are bad, then just buy the $199 matterport package only. I know those bad photos you talk about, which have burnt out windows because they ran their photos through some wack Photomatix preset, and didn't use any flash in their bracketed shots.
You're a boss dude. I just bought a 3D camera and I'm starting my first scan next week in NYC. It isn't with matterport because I have a rylo camera but I'll figure things out and get a nice supplemental income from this, heck maybe even make it my main thing if it works out.
really good episode Kevin... i am cycling around the world and am thinking about working 360 degree tour photography into my arsenal to make money as i travel.. this is a great idea. i dont have the ability to carry the big camera.. but i can do a lower level with my consumer camera.. thanks man!
I had a matterport for about 8 months and it charges $50 per month plus $30 per 3D Scan and I ended up losing money because no one wanted it in my area.. Make sure your clients will use you before buying it! I could never charge about $225 either so make sure people are willing to pay it too
@MeetKevin, it's so weird going back to your 2019 videos! Ha! I remember when I was just a course member following you when it was just a real estate niche! Haha! I'm sharing this with a young driven kid who will likely do a great job with this as a side hustle!
You are providing a lot of value brother.. keep it up. New to watching your videos, but you are sharp, and I can feel the sweat equity you’ve put in. Stay blessed.
Kevin I love your videos, and you really sell the practicality of the Matterport. However, when you start recommending that people throw in drone material as part of the package, you’re leaving out the FAA requirement to be a Part 107 certificate holder. This would apply to anyone that uses drone imaging in the “furtherance of a business” as the FAA puts it. Additionally, any Part 107 pilot would also have to acquire the necessary waivers and clearances depending on the airspace the property is near to. Jus sayin. Keep up the great videos Kevin!
Luis Camacho you are correct in that the Mavic Mini is exempt from FAA Registration, but the operator still needs to have a Part 107 certificate if they are using the drone in the “furtherance of a business”.
I like how is cheaper to start a business in the USA 😢😢😢 In Italy to start a business as a single person you have to pay around 3200 euros each year. Not considering VAT taxes. Damn
@@jurado1010 the supply demand curve shifts when taxes are applied, a tax shifts demand down from where it would be at the natural supply level. Even though the tax is applied to everything it reduces the demand for a product, or it reduces profit to a point where it isnt worth doing. Also in countries that aren't America they just show you the price including sales tax, so you can't market your products or services at the fair price you expect to get for your product, you advertise it at the inflated price that the customer has to pay.
@@Plain1nsane I see what you're saying, but my point was that VAT is applied to the price that the customer pays, so it's not like the business pays it out of pocket, they receive it from customers and then use it to pay the IRS.
I’ve been doing this for years and I’m in a hot market. The price that he’s talking about is more than just a little optimistic. It’s way optimistic. It’s complete and utter bullshit when it comes to DC area. I work with realtors and some of the biggest companies in the United States. They will never pay those prices.
If he could make the money he says, he would not loose time & making competition by teaching others. How everybody here do not see that? He is searching for idiots. I also do this many years & idiots like the watchers are fucking this business until it will be extincted!
This looks like a good business but I bet that greedy real estate companies will buy this technology for them selves and eliminate paying for it. They will probably tell their real estate agents either you take the company camera and take your own pictures or you pay a 3rd party your self because we are not paying for it. Watch how fast the agents take their own pictures.
@@hookeduptowing9057 They already are buying it and have been for quite some time. Luckily for me I still know how to produce great real estate photos quickly. That continues to keep my business going for now. However this will come to an end with one fantastic camera in the not too distant future. I'm planning to exit the photography business for this reason. I'm working my way into the RE investing field instead. Bought my first duplex and will be buying more once we see the hysteria settle into the new normal in about a year to 2 years.
lol yeah,, maybe not there!!! I know Vacation Rental owners who have homes that rent for over $1K a night and they will be these prices for the 3d scan alone. You just have to find the right market/Clients. I know people who do it for business's and are getting way more than 900. again, that is just for the scan!
@@onleyvisuals7702 join the cloud pano Facebook group & Virtual Tour profit. You'll find me there with a lot more people that are doing the same thing.
@@beecollector6886 join the cloud pano Facebook group & Virtual Tour profit. You'll find me there with a lot more people that are doing the same thing.
Great Kevin!! As a contractor and real estate investor the MatterPort is an absolute No Brainer for me!! And even for our RUclips videos! I’m sold, thanks!! Btw, just a quick tip, always leave open your last button on both a waist coat, or a sport/ suit coat ;)
The lot lines package is really risky. I am a land surveyor and yes you can determine the boundary with the legal description from the deed but it would have to be properly drafted and on top of that it's only recorded data not actual measured feild data. Chances are the property corners aren't exactly where the record data describes.
I was super impressed by your use of this technology in an earlier video. I actually said to my associate “I wonder how he does that”... Thanks for the behind the scenes explanation!
Oh that is very very cool! I think I might get into that! Dude! That is the shiznit! 269k! I would be happy with 150k! If you work a job that gives you your weekends free you could do scans on the weekend and by Sunday evening have your homes all set up and ready to publish. No need for the Realtor to be there, you can get into the home with one of those drop lock key boxes and have the home to yourself.
I'm thinking more and more to buy this matterport and to give it for rent. I haven't seen any real estate agents in my area using 3d tours. So, the whole market is empty. The only questions that I have: why nobody are using it? They simply don't know about its existence? or this may be because the city is small and it's easier for people to go to check the house/apartment live?
Real estate agents are the most cheap clients for this. I do 360 Virtual tours 15 years & I know what I am talking about. Also Materport is BS quality, not worth the money. The only good clients are Hotel services, but you have to be very good. If you do not know photography do not bother. You will loose your time & money. This guy if he could make the money he says, he would not loose time & making competition by teaching others. How everybody here do not see that?
Dimitri Sfaellos well Steve Jobs said in a video that sometimes startups grow in the right timing... & turns out COVID has made it even harder to make house tour appointments but for how long is the question & who will the main customers be 👀
This, I don't like the idea of paying them a subscription forever just to host something, I know plenty of clients want to be able to host it within their own site.
I think everyone has missed the HUGE opportunity here. A company could, with the correct user agreement, create a database of properties then access could be sold to appraisers, title companies, insurance companies, and appraisal districts. I remember watching a Graham Stephen episode where he explained how appraisals rely on small details that can only be seen in person. So.......... This might make me seem evil, like Facebook evil, but I had to put it out there.
Question: at 13:47 you say "Select the floor plan" where do you get the floor plan if you never have seen the property or know what layout the property is at the time of recording? I would like to have more info on that, maybe you have a video on how you shoot a house from step 1 to last step?
This would be great for a R.E. buyer as well... you're hired by realtors to map out the property, can check the property out and even make an offer; all prior to it appearing on the M.L.S.
@@EileenTheCr0w You need a remote pilot certification with a small UAS rating, Small Unmanned Aircraft Regulations (Part 107) required in the United States. If you pass that test you can apply for a license, and be deemed a professional, which is required if your running a business that uses drones. Granted, I'm sure EvErYoNe WiLl FoLlOw ThE RuLeS. :)
Do you still think this is a good investment? Been researching the Matterport after your videos because was interested in starting a business. However it seems that the company is pretty unethical with the way they run their company and trear their customers. I would love to see an update video on this, what your opinion and assessment is now.
Also keep in mind the matterport software works on the ricoh theta v as well as the insta 360 one x which have price points less then 500 bucks. A good starter point for people lile myself who are trying to buy a house and cant afford to buy the 5k camera at the moment.
hey man, does the insta 360 one x or ricoh theta v rotate like the matterport camera does automatically? very interested in doing this kind of business, but I'm unsure of how it would work. thanks for the update!
@@winter2060 no they have 2 180 degree lenses that capture both sides and the camera automatically stitches the image to make a 360 photo. No spinning required. I will say matterport cameras have great quality so if you pay 500 for the consumer camera just know your getting what you paid for. Go to my website www.realviewmedia360.com and look at my photos on there. Those are from the insta 360 one x with hardly any editing. If you want to see fun photos i took with it im on instagram as _real_view_
Nice video! Thanks for all the infos. Important question: How do you quote for the Matterport Subscription? Do you cover that or you charge the client separately? It's monthly so for how long do you keep the property under your subscription?
Matter port has been trying to sell the 3d models its user create, also they released support for a new cheaper camera that costs 400 bucks (Its only 18 mega pixels though) and threw their users which were sold it as a business opportunity... under the bus. Im still contemplating buying the 400 dollar version and then trying to start something like this though.
I love the in depth explanation, but I hope people don't take this video out of context.. I sure would hate to see someone invest $7,000 they don't have and fall on their face when 95% of agents tell them they're over priced. Realtors are cheap. They don't want to spend more than $200 for digital media, let alone $900(The great realtors see it as an investment, the shitty ones see it as an expense). Not to mention the MLS still doesn't allow you to put links attached to listings, so the realtor can only share their 3D Matterport tour on Facebook and Instagram. This price point will really only work in cities where a 1,500 sqft home sells for $500,000+. Any city other than LA, SF, Seattle, NYC, and Miami, you're going to have an EXTREMELY difficult time making this into full time business. Not impossible, just really difficult. Just to give credit, I'm currently a real estate photographer working for a small business with 3 other photographers and we offer Matterports through our business. We did 1,200 photoshoots in 2018 offering, photo, video, and drone, not a single Matterport sale.
Realtors should have their own website. which should have 'exclusive photos of the property' and the 3d view of it. I'd even suggest adding the 'visit my website' on the mls (if possible).
Darwin Chaug I’d rather not share my location, but the markets avg sale price last year was about $205,000. I’m in the Mid-West. Our company takes photos of homes typically between $180,000-$1,250,000. So the realtors definitely make plenty of money on that higher end in commission, but they aren’t buying the 3D tour.
@@andrewl1726 So they can't put a watermark on the image with their website. because they should be able to do that. what about "for more pictures visit URL"?
![How I Turned $10,500 into $210,000 at 19 (in 90 days) [Beginner Real Estate]](http://i.ytimg.com/vi/fnFWKmDGGUU/mqdefault.jpg)
![How I Turned $10,500 into $210,000 at 19 (in 90 days) [Beginner Real Estate]](/img/tr.png)
3 New Tour Locations POSTED -- can't wait to see you on tour! Also, Spring2019 for the investing course ENDS 5-31-2019. See you there! meetkevin.teachable.com/
Really love your content and all of the valuable information you put out there however the courses are really expensive for the average person. I’m in my first year of college and not everyone has $300 to spend on an online course! Maybe $99? I bought Tai Lopez 67 steps for $67
@@theboricuabuilder1936 : The course is an investment; you are investing in yourself and your education. If you keep telling yourself that you can't do something because of x-y-z reasons, you are causing resistance against your personal development. Successful adults find a way to make things happen. Unmotivated people will find excuses for not being able to do things.
(1) Kevin mentioned a Visa credit card with 0% APR for the first 18 months in this very video. Try speaking to your local bank about opening a credit card with a 0% introductory rate, use it to pay for the course using the coupon code, then pay off the credit card over the next 18 months.
(2) If you have relatives who can help you out, you may try communicating your goals with them to see if they can pay the course for you. You can even offer to repay them at a later time, when money becomes easier for you.
(3) Get a part time job. Many college students work while studying. Once you get the money you need, you can quit- just be sure to give a 2-week notice so management can hire a replacement before you leave.
(4) Cut back on all of your expenses and use the savings to pay for the course. If you save up $100 per month, you'll have your money before the end of summer.
(5) If you have stuff hanging around your home that you don't use, consider selling it. There are several free online websites where you can list and advertise the items for sale within your community, such as Marketplace Facebook.
I just gave you five (5) ways to come up with a few hundred dollars
❤
Wow Sumy that was amazing!!! Ty! So nice of a support to say and take the time to write!!
Sy Guzman I actually just got a secured credit card a few months ago at Wells Fargo. I’ve been trying to slowly build up my credit & I also have my own small sneaker business but that still doesn’t mean that this course is affordable. I know it’s an investment in yourself; just saying it could and should be a little more affordable for the average person. I appreciate your input though! Thanks for the advice
@@theboricuabuilder1936 💚
This is your best video ever, no joke. You plugged your stuff in a very nice, non-intrusive way, great camera work overall to stay captivated, you explain things like the learning curve, address the start-up costs but also go over ways to mitigate issues like getting insurance.The effort you put in, is amazing. Subscriber for life!
yep... My thoughts exactly... i have a pretty nice business, that´s enough to live my life and pay my bills where i'm from, but i'm seriously thinking about changing my life around because of this opportunity ;)
One of the youtubers that has genuinely useful information that is possible to action immediately.
Rose m.a. exactly, actually buying the instant360 and building a site
Tai Lopez would’ve charged $497 for this information.
Lol
Remember thats $2697 discounted to $497! 😁
Hahahaha... Tai is a sharp bad guy!! Just kidiing TAI
thats cheap bro...3k investment to make over 100k a year in a matter of months.....tai would charge you 100k and still not show you the machine.
All information is available for free somewhere if you are willing to invest the time into finding it. And even if you aren't, a lot of the people providing it for a fee are con artists. Either way, paying for information or advice is for chumps.
This is legit! I have been watching your videos now for a bit. I've been an entrepreneur for 8 years now. This is amazing advice to start a legit business with amazing upside for a good operator. The startup plan you essentially provide is cheaper than what I started with and I now manage 220k in cash flow each month among 3 cell phone shops, a vending business, and a rental property. This is so great for people actively hunting for a good idea to start their life working for themselves. I am considering buying one of these myself and starting to let people in my networking groups know I can deliver this solution. My skill has always been creating jobs and work and then delegating them out and this checks multiple boxes for me.
Fucking shit yeah, i live in brazil, i started a small cell phone repair business too, and this ticked every box i have for an investment, damn i can make the price of the camera in less than one month here. You're my kind of guy, and probably know Louis Rossmann already.
I started my business thanks to this youtube video, I'm 17 years old and I'm already getting clients, this is awwwwwsooome
whats your pricing like?
In my area no realtor is going to pay that much for a 3D tour.
To anyone seeing this, google for 3D tours in your area, to see a more accurate earnings potential.
Other than that, great vid!
Getting out of real estate in 2 months.... Moving to a vacation town out of the country. Going to start a business doing this!!!!! So many high end vacation rentals and listings and no one in the entire country is doing it! I have been researching info on the subject and this is by far the best video I have seen on it. Lot of great info... thanks!
You are way more helpful than Scam Cardone who is always vague and full of fluff when giving advice.
You give actionable plans that we can follow.
Word!!
You’re a life changer Kevin, seriously, love your content. You make everything a cake walk for your viewers.
A sudden spike in 3D scan just happened after this video. Competition just got real.
In what area is that?
@@thatoneguy1694 was a joke u fuckin FUCK
Srt-10 Mopar break your fuckn jaw boy
@@thatoneguy1694 break your ass hole
Nah.. 95% of ppl are fn lazy
I see this being used in like virtual reality stores, so like people around the world can practically walk into a unique mom and pop shop and shop
Good step by step info, but most markets you’d have to really swindle someone to get them to pay $900 for a matterport scan on 1500sqft. In my small town of 40,000 people there’s at least 5 competitors with matterport cameras offering less than .10c/sqft. Not much profit on 3d scans unless you have a huge customer base and hiring out people to scan properties for you. The real profit is in hard work, quality photography and video that actually turns heads and gets your clients properties noticed.
You are going to do great on RUclips Kevin. I like the delivery. Just like we are standing together and you're explaining this to me. RESPECT
The moment I saw 3D tour I thought exactly same thing. I need this!
I actually love you Kevin once this works I’m buying that course, god bless you 🙏🙏
how did it go man? :)
Thank you so much for this information Kevin. I took action right away after watching this video 9 months ego. I was able to make 30k doing 3D scans as a side hustle. I'm about to get my 1st rental property with this money. This video changed my life . Thank you again from the bottom of my heart.
What kind of clients did u go for? Is your business still going strong? What camera and software did u end up using? I’m thinking of starting myself and I’m interested in the steps you took. Thanks
What a great tip. Works all the way around even as a startup, existing real estate agents and more.. Well done video, love the info..
Thanks so much!
I just started a side 3D tour business 😁 helpful tip to others if you go down this path, iphones vs the actual matterport 3D cameras... choose the matterport 3D cameras. The iPhones don’t compare. At least my iPhone 7 doesn’t. The newer ones might though. I had troubles with the app on the 7, kept closing on me halfway through and I’d have to restart. Took forever to get 1 room done and it was kind of patchy
Hey, you still doing this and how is it going?
This may have been one of the best videos I have ever watched! I’m actually considering doing this as a side business. THANK YOU!
Me too. Hope you don't live in my area ;)
andyottito1 😂
did you end up doing it Andriy?
FYI, if you are doing drone shots, you MUST be FAA certified. If not, the FAA fine is almost $12,000. You won't do many before getting busted.
This is a great way to start many small businesses!
Just replace the camera with landscaping or power washing or some other service.
Overall very basic, very good advice
I loved that part of the original video about the matterport. I was super curious about it so I'm gonna love the video. Thanks Kevin!
For anyone seeing this in the future: You don't need an ipad anymore. They have the app available for android from the play store.
I only need 70k to live beyond my means so I guess I only need to do regular scans for $500 140 times and boom I’m financially stable with over half a year of down time this is great
I love businesses like this. Easy labor, high returns.
ty!
prospecting for business is tough. Realtors are generally fucking cheap, and don't want to spend money upfront on shit like 3d scans.
because even these days, good photos alone, along with a good price, are enough to sell a home. You don't want a 3D scan which will show all the defects of the home.
The photos are there to entice buyers to come see a home in person. Too much detail, and maybe you shoot yourself in the foot and scare buyers away.
@@kkp4297 SOME real estate agents are cheap, and by some I mean noobie agents. I have some knowledge about what high level agents spend money on because I was a developer for a real estate CRM called Firepoint. Agents spent
Hundreds a month for our sevices.
Besides that point, real estate brokers are probably the people that would use this service the most. You'd be surprised how valuable 3D tours are to successful agents and brokerages.
@@DamonNeal The topmost producer in my city still doesn't use 3d scans. She sticks to pro photos only, and she sells $70million per year. Some of these are mansions too, which you would think would benefit from matterport.
But nope, she doesn't use it, even though she knows about it.
Ask most buyers if they even watch videos, and they say NO.
Truth is, matterport is only a gimmick, albeit a useful one, to entice a SELLER to sign a listing agreement with you.
kk P believe it or not the 3d virtual scanning videos attract more buyers to the real estate agents because first people out of the area will like it to see the tour without bother driving hundreds miles for the tour.second these videos are considered legit from the buyer point of view so the reputable Realtors would use them to offer the best service
I was just about to step out of my house to go and waste money on a dji Mavic Pro 2 and now you gave me a reason to justify it ;) thanks
You are a beast! Keep up the good work! 🙌🏽🙌🏽💪🏽
I'm definitely considering this. 110%
Seriously, awesome stuff. Great ideas and breakdowns. Found you through Sara Dietschy looking at your setup. Thanks.
I shoot real estate for a living in Orange County. Not sure if you’ve priced out matterport in your area, but it’s basically a race to the bottom. Some companies are charging $199 for matterport $199 for photos and less for drone. Your numbers are twice as high as here.
Meh, be careful -- I'm sure (as you have seen) there are some pretty terrible quality photographers out there. Get what ya pay for
service can make a huge difference in price. restaurants have that between fast food and michelin 3 star.
Just showing up 10 minutes early. Looking professional. Communicating professionally. These can make a huge difference in perceived value to a client.
@@MeetKevin but matterport is just point and shoot. If photos are bad, then just buy the $199 matterport package only.
I know those bad photos you talk about, which have burnt out windows because they ran their photos through some wack Photomatix preset, and didn't use any flash in their bracketed shots.
Interesting. I have a professional 3D scanner but not one like this. However this could be done with photogrammetry.
thanks buddy!!! this was very helpful
This is such a cool concept. Even if they don’t pay that full price people could make a ton doing this. Amazing tip!
While this video is unbelievable and I only wish Kevin the best I’m kinda happy this video didn’t go viral 🙏. I’m jumping into this.
You're a boss dude. I just bought a 3D camera and I'm starting my first scan next week in NYC. It isn't with matterport because I have a rylo camera but I'll figure things out and get a nice supplemental income from this, heck maybe even make it my main thing if it works out.
tell us how it went
how did it go
how did you get on my man?
Updates?
?
Wow! I really want to pursue getting setup with a Matterport and starting a business.
Did you do it?
really good episode Kevin... i am cycling around the world and am thinking about working 360 degree tour photography into my arsenal to make money as i travel.. this is a great idea. i dont have the ability to carry the big camera.. but i can do a lower level with my consumer camera.. thanks man!
I had a matterport for about 8 months and it charges $50 per month plus $30 per 3D Scan and I ended up losing money because no one wanted it in my area.. Make sure your clients will use you before buying it! I could never charge about $225 either so make sure people are willing to pay it too
@aden c western north carolina
@MeetKevin, it's so weird going back to your 2019 videos! Ha! I remember when I was just a course member following you when it was just a real estate niche! Haha! I'm sharing this with a young driven kid who will likely do a great job with this as a side hustle!
You are providing a lot of value brother.. keep it up. New to watching your videos, but you are sharp, and I can feel the sweat equity you’ve put in. Stay blessed.
Kevin I love your videos, and you really sell the practicality of the Matterport. However, when you start recommending that people throw in drone material as part of the package, you’re leaving out the FAA requirement to be a Part 107 certificate holder. This would apply to anyone that uses drone imaging in the “furtherance of a business” as the FAA puts it. Additionally, any Part 107 pilot would also have to acquire the necessary waivers and clearances depending on the airspace the property is near to. Jus sayin.
Keep up the great videos Kevin!
MiPiMeRu you can get the mavic mini air - too light for regulations
Luis Camacho you are correct in that the Mavic Mini is exempt from FAA Registration, but the operator still needs to have a Part 107 certificate if they are using the drone in the “furtherance of a business”.
I like how is cheaper to start a business in the USA 😢😢😢
In Italy to start a business as a single person you have to pay around 3200 euros each year. Not considering VAT taxes. Damn
Isn’t VAT applied to the price, which makes it so that the tax is paid by the customer?
@@jurado1010 that's not how prices work
Nicholas McLean Elaborate
@@jurado1010 the supply demand curve shifts when taxes are applied, a tax shifts demand down from where it would be at the natural supply level. Even though the tax is applied to everything it reduces the demand for a product, or it reduces profit to a point where it isnt worth doing. Also in countries that aren't America they just show you the price including sales tax, so you can't market your products or services at the fair price you expect to get for your product, you advertise it at the inflated price that the customer has to pay.
@@Plain1nsane I see what you're saying, but my point was that VAT is applied to the price that the customer pays, so it's not like the business pays it out of pocket, they receive it from customers and then use it to pay the IRS.
I’ve been doing this for years and I’m in a hot market. The price that he’s talking about is more than just a little optimistic. It’s way optimistic. It’s complete and utter bullshit when it comes to DC area. I work with realtors and some of the biggest companies in the United States. They will never pay those prices.
If he could make the money he says, he would not loose time & making competition by teaching others. How everybody here do not see that? He is searching for idiots. I also do this many years & idiots like the watchers are fucking this business until it will be extincted!
He might be getting paid by the company to advertise there product just like he always advertises 2 free stocks.
This looks like a good business but I bet that greedy real estate companies will buy this technology for them selves and eliminate paying for it. They will probably tell their real estate agents either you take the company camera and take your own pictures or you pay a 3rd party your self because we are not paying for it. Watch how fast the
agents take their own pictures.
@@hookeduptowing9057 They already are buying it and have been for quite some time. Luckily for me I still know how to produce great real estate photos quickly. That continues to keep my business going for now. However this will come to an end with one fantastic camera in the not too distant future. I'm planning to exit the photography business for this reason. I'm working my way into the RE investing field instead. Bought my first duplex and will be buying more once we see the hysteria settle into the new normal in about a year to 2 years.
lol yeah,, maybe not there!!! I know Vacation Rental owners who have homes that rent for over $1K a night and they will be these prices for the 3d scan alone. You just have to find the right market/Clients. I know people who do it for business's and are getting way more than 900. again, that is just for the scan!
The matterport is really cheap compared to other scanning equipment that is used in construction so should be easy to recoup the initial cost
so much value in this video
You can buy insta360 one x. Pretty awesome camera that i run my business with. It’s very cheap compared to this around $600.
Taha I would like to talk with you about how you are running your business with the Insta360
@@onleyvisuals7702 join the cloud pano Facebook group & Virtual Tour profit.
You'll find me there with a lot more people that are doing the same thing.
@@beecollector6886 join the cloud pano Facebook group & Virtual Tour profit.
You'll find me there with a lot more people that are doing the same thing.
I've been scowering RUclips for ideas and I finally found something that I can do with my extra time. Thanks 👍
Great Kevin!! As a contractor and real estate investor the MatterPort is an absolute No Brainer for me!! And even for our RUclips videos!
I’m sold, thanks!!
Btw, just a quick tip, always leave open your last button on both a waist coat, or a sport/ suit coat ;)
The lot lines package is really risky. I am a land surveyor and yes you can determine the boundary with the legal description from the deed but it would have to be properly drafted and on top of that it's only recorded data not actual measured feild data. Chances are the property corners aren't exactly where the record data describes.
True
Matterport blowing up now
Kevin you are a stud. Thanks!
I was super impressed by your use of this technology in an earlier video. I actually said to my associate “I wonder how he does that”... Thanks for the behind the scenes explanation!
Anytime!
Kevin can we do it with the 360insta first?
Super helpful great info just added 3d scans to my real estate prod business!
Oh that is very very cool! I think I might get into that! Dude! That is the shiznit! 269k! I would be happy with 150k! If you work a job that gives you your weekends free you could do scans on the weekend and by Sunday evening have your homes all set up and ready to publish. No need for the Realtor to be there, you can get into the home with one of those drop lock key boxes and have the home to yourself.
I’m doing this. I’m going to try and get a loan for the money to buy it outright. Thank you so much!
W Something did you end up doing it?
Hi do you have any sample of the final result? The video does not show it...
Kevin thank you so much man looking to do this
This works for everyone. What does this technology typically cost?
Photos out of matterport are sub par.... Discerning agents will want legit photos done. VR is a good add on to photos. Depends on the area.
Had this service when I sold my last house. Charged $199 at closing. Otherwise no charge was the deal.
nice that's a good deal!!
I wish is found out about this sooner. I feel like 3d tours are so commonplace now, that I can't imagine the market has any room for newcomers.
I'm going to buy this next month, not only to do this but rent it out when I'm too busy. :)
So did you buy it ?
@@jhoamel23 Yessir!
@@TheAbrahamHD how did it go?
I'm thinking more and more to buy this matterport and to give it for rent. I haven't seen any real estate agents in my area using 3d tours. So, the whole market is empty.
The only questions that I have: why nobody are using it? They simply don't know about its existence? or this may be because the city is small and it's easier for people to go to check the house/apartment live?
Bc houses sell even without it. Realtors want to pay as little as poss so just Prof images are usually enough
Real estate agents are the most cheap clients for this. I do 360 Virtual tours 15 years & I know what I am talking about. Also Materport is BS quality, not worth the money. The only good clients are Hotel services, but you have to be very good. If you do not know photography do not bother. You will loose your time & money. This guy if he could make the money he says, he would not loose time & making competition by teaching others. How everybody here do not see that?
2020 coronavirus
Dimitri Sfaellos well Steve Jobs said in a video that sometimes startups grow in the right timing... & turns out COVID has made it even harder to make house tour appointments but for how long is the question & who will the main customers be 👀
can you speak on how you share / host the info with the end client? I assume you have a matterport subscription.
This, I don't like the idea of paying them a subscription forever just to host something, I know plenty of clients want to be able to host it within their own site.
I dig the music at the end. Reminds me of early to middle 00’s alt-rock👌🏽
My fav too!!
Meet Kevin lol my partner just said he sent you an offer on a listing and you just replied “too low to present”. Small ass world. I’m dying! 😂
I think everyone has missed the HUGE opportunity here. A company could, with the correct user agreement, create a database of properties then access could be sold to appraisers, title companies, insurance companies, and appraisal districts. I remember watching a Graham Stephen episode where he explained how appraisals rely on small details that can only be seen in person. So.......... This might make me seem evil, like Facebook evil, but I had to put it out there.
I love this. Real possible business, with high income potential. Ty so much.
Renting a Matterport is a little tricky because to publish a 360 scan you need a subscription.
This sounds like a great idea. Glad I found this channel.
Thank you!!
Question: at 13:47 you say "Select the floor plan" where do you get the floor plan if you never have seen the property or know what layout the property is at the time of recording? I would like to have more info on that, maybe you have a video on how you shoot a house from step 1 to last step?
I wanna know what's in the rifle cases though
Kevin is back with the juice!!
:D
This would be great for a R.E. buyer as well... you're hired by realtors to map out the property, can check the property out and even make an offer; all prior to it appearing on the M.L.S.
Thx so much for quality content.
Do you get any leads from your wrapped car? Do you think it's worth it?
Shihab's Blog Great question, hopefully Kevin sees this and responds!
This looks like a really cool business model! Looks like a lot of fun too!
Heck yeah!
This technology is not new but thanks for underligning it’s merits ! How about the marketing ? How to sell this service ?
Now you have to show the cost of a drone and license to fly the drone as well as how to pull the lot records and make the outline :P
lol drone license
@@EileenTheCr0w You need a remote pilot certification with a small UAS rating, Small Unmanned Aircraft Regulations (Part 107) required in the United States. If you pass that test you can apply for a license, and be deemed a professional, which is required if your running a business that uses drones. Granted, I'm sure EvErYoNe WiLl FoLlOw ThE RuLeS. :)
Great video I just discovered it. Is this business still lucrative?
Just got one!...I´m spent to go out and shot...thanks for your tips!
Have actually talked seriously with some friends about creating a business for this, using both the matterport & drone footage.
Nice!
Beckley Crackers it’s been 10 months how’d it go?
did you end up doing it?
@@thestizz415 No. I wound up getting an investment property & everything went into that. Thanks for following up!
Do you still think this is a good investment?
Been researching the Matterport after your videos because was interested in starting a business. However it seems that the company is pretty unethical with the way they run their company and trear their customers.
I would love to see an update video on this, what your opinion and assessment is now.
That's Beautiful Info Brother, that's why We Root for you and your family Everyday👏🙏☝👍
ah thanks so much!
will their other cameras work because the insta360 is out of stock?
Same, hoping someone can lend some suggestions! I've heard Ricoh Theta V is an option but take that with a grain of salt.
Doesn’t the iPhone 12 already do that?, I am considering buying one and I am form Mexico there is really no competition here.
very nice video Kevin, a great business idea!
I don’t know about agents in California. Here in the Midwest. I think it will be hard to convince them (agent) that they need this service.
Just ordered this. thx for the great videos.
Also keep in mind the matterport software works on the ricoh theta v as well as the insta 360 one x which have price points less then 500 bucks. A good starter point for people lile myself who are trying to buy a house and cant afford to buy the 5k camera at the moment.
Even better then!
hey man, does the insta 360 one x or ricoh theta v rotate like the matterport camera does automatically?
very interested in doing this kind of business, but I'm unsure of how it would work.
thanks for the update!
@@winter2060 no they have 2 180 degree lenses that capture both sides and the camera automatically stitches the image to make a 360 photo. No spinning required. I will say matterport cameras have great quality so if you pay 500 for the consumer camera just know your getting what you paid for. Go to my website www.realviewmedia360.com and look at my photos on there. Those are from the insta 360 one x with hardly any editing. If you want to see fun photos i took with it im on instagram as _real_view_
Where did you find 1000$ price ? Everywhere it’s over 3000$...
Kevin, should i still get a matterport or should i just use a iPhone 11? Or should i wait for the iPhone 12? Video me please
I won't be investing in purple. But I love the recommendation please keep em coming
Nice video! Thanks for all the infos. Important question: How do you quote for the Matterport Subscription? Do you cover that or you charge the client separately? It's monthly so for how long do you keep the property under your subscription?
trying to figure this out as well
Hey Kevin,
So what’s the benefit from using the Matterport pro 2 3D camera compared to a Insta360 or Ricoh 3D camera?
Thanks.
Matter port has been trying to sell the 3d models its user create, also they released support for a new cheaper camera that costs 400 bucks (Its only 18 mega pixels though) and threw their users which were sold it as a business opportunity... under the bus.
Im still contemplating buying the 400 dollar version and then trying to start something like this though.
Jeremy Reinhold where do you find it?
Great video. $3k is a bit much. Could you use a Ricoh Theta V 4k 360 Spherical Camera to start out??
check out the matterport site I see support announced for Ricoh Theta V
He's so full of it! Scans are $100 to $150 a home. You also have to pay $69 a month for hosting 25 properties on Matterport.
Agreed, the guy deleted my post after I wrote a detailed explanation and price break down.
I love the in depth explanation, but I hope people don't take this video out of context.. I sure would hate to see someone invest $7,000 they don't have and fall on their face when 95% of agents tell them they're over priced. Realtors are cheap. They don't want to spend more than $200 for digital media, let alone $900(The great realtors see it as an investment, the shitty ones see it as an expense). Not to mention the MLS still doesn't allow you to put links attached to listings, so the realtor can only share their 3D Matterport tour on Facebook and Instagram. This price point will really only work in cities where a 1,500 sqft home sells for $500,000+. Any city other than LA, SF, Seattle, NYC, and Miami, you're going to have an EXTREMELY difficult time making this into full time business. Not impossible, just really difficult. Just to give credit, I'm currently a real estate photographer working for a small business with 3 other photographers and we offer Matterports through our business. We did 1,200 photoshoots in 2018 offering, photo, video, and drone, not a single Matterport sale.
Realtors should have their own website. which should have 'exclusive photos of the property' and the 3d view of it. I'd even suggest adding the 'visit my website' on the mls (if possible).
What's your location and the average selling price of those houses?
Jetah Realtors can’t post comments like that on MLS. They can only make comments on the property description and the directions to the property.
Darwin Chaug I’d rather not share my location, but the markets avg sale price last year was about $205,000. I’m in the Mid-West. Our company takes photos of homes typically between $180,000-$1,250,000. So the realtors definitely make plenty of money on that higher end in commission, but they aren’t buying the 3D tour.
@@andrewl1726 So they can't put a watermark on the image with their website. because they should be able to do that.
what about "for more pictures visit URL"?
You are Awesome Kevin!