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StatisticsStats

Stat: 8 percent of all homes sold in the US in '18 had a Matterport 3D Tour9060

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

8 percent of all homes sold in the US in 2018 had a Matterport 3D Tour, according to this Matterport job posting (5 April 2019).

Since this stat is based on homes sold, I wonder what the stat was for homes listed (which is suspect is much less).

Perhaps homes with Matterport 3D Tours are more likely to sell?

Best,

Dan
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Chemistrydoc private msg quote post Address this user
@DanSmigrod

It would be great if Matterport would do a much better job of equipping us with such stats. Instead, we are left to fend for ourselves to come up with stats that they should be providing.

Keith
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Integratedman private msg quote post Address this user
I think there should be a HUGE asterisk beside this statistic sighting origin of fact!..Or are we dealing with Trumpian Alternative facts?......
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immersivespaces private msg quote post Address this user
I calculate stats in our local South Florida markets monthly directly from MLS and sales reporting data... We are considered a "hot" real estate market and we are nowhere near 8%... heck, we aren't even near 1%.

For January:
Percentage of homes sold with Matterport: 0.0%
Percentage of new listings with Matterport: 0.003%
Percentage of homes sold with professional photos: 67.2%
Percentage of new listings with professional photos: 25.8%

For February:
Percentage of homes sold with Matterport: 0.0001%
Percentage of new listings with Matterport: 0.003%
Percentage of homes sold with professional photos: 87.7%
Percentage of new listings with professional photos: 38.1%

For March:
Percentage of homes sold with Matterport: 0.0002%
Percentage of new listings with Matterport: 0.004%
Percentage of homes sold with professional photos: 81.4%
Percentage of new listings with professional photos: 38.2%

If our data is indicative of other markets, which I predict it is probably better actually, then I would have to say that I think the 8% rate quoted by Matterport lacks "truthiness."
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BrokerBruce private msg quote post Address this user
Just had one of my listings go under contract to an out of town buyer who has never been in the home. I shoot my own 3D tours with a Pro 2 Lite and my MLS pics from the snapshots. The agent did a face time in the home with his clients just prior to writing the offer. My advantage in being an agent with a Matterport is I don't have to pay a photographer to shoot it. This is a great marketing angle though.
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VTLV private msg quote post Address this user
Quote:
Originally Posted by immersivespaces
I calculate stats in our local South Florida markets monthly directly from MLS and sales reporting data... We are considered a "hot" real estate market and we are nowhere near 8%... heck, we aren't even near 1%
- I tried the same approach for the first couple months of last year with similar results in Vegas.
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mori private msg quote post Address this user
Conclusion: to sell a home you need no 3D or virtual tour at all. I can 120% confirm this for germany and especially cities like Berlin or Munich.

Also I could confirm that e.g. on germany´s largest portals the number of all virtual tours or single 360 pix is far below 1% all together. MP tours on it´s own - irrelevant.

Therefore I assume strongly, that @immersivespaces numbers are more correct than Matterports.
Post 7 IP   flag post
WGAN Forum
Founder
DanSmigrod private msg quote post Address this user
Hi All,

In this Matterport job posting, the percentage says 4.5 percent.

Dream Job at Matterport/#1

I would save the stat got revised down, BUT, in this Matterport job posting on the same day - Thursday, 18 April 2019, the stat is 8 percent.

Dream Job at Matterport/#2

Which is it?

Dan
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60998 8 8
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