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Newsletter

Matterport Working on a Big Announcement?8180

WGAN Forum
Founder
DanSmigrod private msg quote post Address this user
Hi All,

Is Matterport working on a big announcement?

Usually they go silent for a couple of weeks before an announcement. For example, has anyone received an eblast, newsletter, etc. in the last two weeks? I didn't think so.

So, just wondering if Matterport is due for a big announcement?

Best,

Dan
Post 1 IP   flag post
DouglasMeyers private msg quote post Address this user
My question for the day is...
"Has Matterport Lost it's Luster"

I am finding it hared to sell Matterport to the agents I have had for years now ???
Post 2 IP   flag post
ron0987 private msg quote post Address this user
Yes I believe it has and it just did not catch on like most people felt it would.
Post 3 IP   flag post
Standard
Member
eggardner private msg quote post Address this user
I am still getting Matterport orders, but most of them come when I bundle in the photography and videography too.
Post 4 IP   flag post
WGAN Forum
Founder
DanSmigrod private msg quote post Address this user
@DouglasMeyers
@ron0987
@eggardner

Is it possible that Matterport is affected by the same trends that are affecting Zillow?

✓ "Sales of new homes as well as previously owned homes have been slowing from a year ago," according to the following Fortune article yesterday.
✓ "Tax reform enacted late last year has also reduced tax incentives to buy homes," also according to the same news article.

Fortune (6 November 2018) Zillow Stock Plunges 20% as a Cooling Housing Market Stymies Its Risky Expansion Plans

According to this Fortune article:

"After nearly a decade of recovery and slow growth, the U.S. housing market has been heading into a slowdown in 2018. Not only are mortgage rates rising, but housing prices have been climbing about twice as fast as average incomes. Sales of new homes as well as previously owned homes have been slowing from a year ago. Tax reform enacted late last year has also reduced tax incentives to buy homes."

"Those trends have hurt the stock performance of Zillow and Redfin alike. At its low point late Tuesday, Zillow was down 51% from its 52-week high, while Redfin was down 53% from its high point in the past year."

Source: Fortune

Dan
Post 5 IP   flag post
TrustedPhotoDC private msg quote post Address this user
Joel who edited the newsletter, left MP a few weeks ago. No other big news. Carry On.
Post 6 IP   flag post
WGAN Forum
Founder
DanSmigrod private msg quote post Address this user
@TrustedPhotoDC

Perhaps Matterport could just send the WGAN Forum Newsletter in interim?

Carry On.

Dan
Post 7 IP   flag post
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