«
»

Monday, June 21st, 2010 at 12:02 PM

The Future is Video

The future of real estate should include videos. 

If you just look at the comps on paper, there was the similar REO sale a few doors down (which we saw) that closed last month for full price, $792,000, but it was on the golf course, down off La Costa Ave.

The inferior location might not be obvious to an asset manager with 300 files on their desk, who is looking to make a quick decision.  If the initial appraisal or BPO only included a few “positive” photos, the true condition of the home might not be obvious either. But if there was a video presentation to pick up the good, the bad, and the ugly, the price might be sharper – here’s an example:

Posted on Monday, June 21st, 2010 at 12:02 PM in Jim TV, Listing Agent Practices | 15 Comments » | Print Print You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Reader Comments: 15 Responses

  1. Definitely my choice for quote of the day: “Nothing money won’t fix!”

    doug s | June 21st, 2010 at 12:25 pm

  2. Chartreuse is green. Would call that BR color lilac. An eye-opener, though.

    chrisanthemama | June 21st, 2010 at 1:06 pm

  3. I think this one confirms everybody’s suspicion… Jim is from the future. Luckily he comes in peace, with videos and clue reports :)

    Eli | June 21st, 2010 at 1:27 pm

  4. That house was actually ok… it’s the location on the busy road that kills it.

    UCGal | June 21st, 2010 at 1:28 pm

  5. I am not sure if anyone has heard, but the City of Carlsbad has approved the installation of FIVE new traffic lights between I-5 and RSF by 2012–IMHO, I don’t think they are going to do much-I would be more concerned about being rear-ended by having to stop at one of these! How about just lowering the speed limit down to 35 and actually enforcing it???

    Local Boy | June 21st, 2010 at 1:36 pm

  6. Location location location….for a gas station that is. With a mini-mart

    Anonymous | June 21st, 2010 at 1:41 pm

  7. Videos show what pictures don’t. For a buyer looking on the MLS, the first picture may just show the front of the house, but JtR’s video actually showed the traffic in front of the house and that it was a 45-mph zone. And that was just for starters…

    Susie | June 21st, 2010 at 2:06 pm

  8. Yuck. Might as well have an address that reads I-5.

    Former RB Resident | June 21st, 2010 at 2:15 pm

  9. Wow, there for a while it looked like you had a front row seat to the Indy 500.

    pemeliza | June 21st, 2010 at 2:39 pm

  10. I personally like the wood ceilings and the bookcase, but you’d be gambling your life every time you backed out of your driveway.

    Dwip | June 21st, 2010 at 6:30 pm

  11. Jim, how long did it take you to actually get a opening to pull into the driveway?

    Anybody got a neighbor with solar like those shown? I’m wondering if it would give any glare fromthe panels.

    No_Such_Reality | June 21st, 2010 at 7:17 pm

  12. The killers are, in no particular order:
    * The faux Spanish mission motif,
    * Driveway emptying on to a NASCAR track,
    * The grouted tile. All the tile everywhere would have to be completely gutted and redone.

    Which is a damned shame because, other than those killers, I rather like the funky layout.

    ewhac | June 21st, 2010 at 7:31 pm

  13. I’m with ewhac….and I’d have to upgrade my Mustang to a GT to get out of the driveway in any reasonable amount of time.

    Jeeman | June 22nd, 2010 at 12:55 am

  14. Guess that answers the solar panel glare question: http://www.dailypilot.com/news/tn-dpt-0618-solar,0,5099044.story

    No_Such_Reality | June 22nd, 2010 at 7:02 pm

  15. Lilac.

    “That’ll keep you up at night” LOL

    justme | June 23rd, 2010 at 8:42 pm

Post a new comment