Realty Viewpoint: Video Impacts Online Marketing For Housing

Written by Posted On Sunday, 13 January 2008 16:00

Goodbye, virtual tours. Hello, video. The age of YouTube means that anyone can upload a video to market a home to anyone else online.

It's so easy that over one in five (22 percent) American adults shoots their own videos and 14 percent post them online.

Citizen journalism is now citizen advertising. If you can operate a cell phone, you can be theMartin Scorcese of home listings.

And you'll have an audience. According to a September study by Horowitz Associates (Broadband Content and Services 2007), six out of ten high-speed Internet users watch/download online video at least once a week. That's up 25 percent from 2006.

What's significant is how quickly user-generated, non-professional content is growing alongside news broadcasts. Thirty-six percent of survey respondents said they watched news online and 30 percent watch user generated content such as YouTube. News and non-professional videos outpaced movies, music videos, sports, TV shows and other content.

For agents who wish to use online video to market their homes, those are fantastic numbers.

To understand why videos are suddenly so popular, consider how they are viewed. Hand-held devices such as cell phones or PDAs supported by wireless broadband make it possible for people to view videos anywhere, anytime.

Twenty-seven percent of Internet users have a hand-held device with video capability, and another 23 percent plan on upgrading to get video capability soon. One third (35 percent) of hand-held users watch videos on their devices at least weekly.

The relationship between broadband access and video platforms has made video increasingly viable. In September 2007, 9 billion videos were watched. YouTube accounted for 28 percent of those. That means more than 70 million people watched more than 2.5 billion videos a month.

Fast forward three months later, and the number are staggering.

Traffic to YouTube doubled in 2007 from 2006, according to a survey by Pew Internet & American Life Project. The survey found that one-third of phone respondents watch at least one video on a typical day.

The proliferation of sites like Zillow and Trulia mean you'll have a place to showcase your video. These sites are looking for as much content as they can get and they're willing to post your listings for free, so there's no reason not to get on the video bandwagon.

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Blanche Evans

"Blanche Evans is a true rainmaker who brings prosperity to everything she touches.” Jan Tardy, Tardy & Associates

I have extensive and award-winning experience in marketing, communications, journalism and art fields. I’m a self-starter who works well with others as well as independently, and I take great pride in my networking and teamwork skills.

Blanche founded evansEmedia.com in 2008 as a copywriting/marketing support firm using Adobe Creative Suite products. Clients include Petey Parker and Associates, Whispering Pines RV and Cabin Resort, Greater Greenville Association of REALTORS®, Better Homes and Gardens Real Estate, Prudential California Realty, MLS Listings of Northern California, Tardy & Associates, among others. See: www.evansemagazine.com, www.ggarmarketclick.com and www.peteyparkerenterprises.com.

Contact Blanche at: [email protected]

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