Real estate photography is crucial to the success of a real estate agent, as high-quality visuals can significantly increase the likelihood of a property sale. The importance of professional photography in real estate cannot be overstated, and to truly excel in this field, photographers must be aware of the latest statistics and trends. In this article, we’ll cover the most essential statistics every real estate photographer needs to know.
The Importance of Professional Photography in Real Estate
- Homes with high-quality photographs sell faster than those without visuals. [1]
- Real estate listings that include professional photography sell 32% faster. [2]
- Homes with aerial photos sell 68% faster. [2]
- Homes listings with videos get 403% more inquiries than those without them. [2]
- 63% of people who bought a home in 2020 made an offer for a property based on a virtual tour. [2]
- Buyers spend 60% of their time looking at listing photos. [7]
The Impact of Quality Photography on Home Value
- Homes with high-quality photos receive 47% higher asking prices per square foot. [1]
- Properties with professional photos can have a sale price up to $11,000 higher than those with amateur photos. [5]
- Real estate agents who use professional photos earn up to $11,200 more per year than those who don’t. [5]
The Current State of Real Estate Photography
- Only 15% of homes use high-quality photography. [3]
- Half of over $1 million properties use poor-quality photographs. [3]
- Many real estate photographers charge upwards of $200 per average household. [6]
Conclusion
In conclusion, the importance of professional real estate photography cannot be overstated. From selling homes faster to increasing their value, quality visuals can make a significant impact on the success of a real estate agent. As the market continues to shift towards virtual tours and online listings, it’s more important than ever for photographers to stay up-to-date on the latest statistics and trends.
FAQs
- What is the difference between amateur and professional real estate photography? Amateur real estate photography is typically done with a basic camera and without any professional editing, while professional photography uses high-quality equipment and editing techniques to produce stunning visuals.
- How much does it cost to hire a professional real estate photographer? Prices for professional real estate photography vary depending on location and the size of the property