Are professional real estate photos important to you?

Why Professional Photography Is Important When Selling A Home in 2021 


A picture paints a thousand words

We’ve all heard the old saying “A picture is worth a thousand words.” And, in real estate, pictures make a huge difference in how quickly you sell your home. Now, thanks to the continued advancement of technology, buyers can have an intimate look into your home they are interested in without ever leaving their couch. And buyers are doing their research, more now than ever before. They are filtering through sites based on location, prices, school districts, square footage, etc. Once they have narrowed down their search to their liking, they are immediately flipping through photos.

Work with a real estate agent to provide professional real estate photos

Often, the photos are what’s piquing a buyer’s interest in your home and prompting them to take the next step in contacting their real estate agent. That is why it is important to work with a real estate agent in getting professional photography done before putting your home on the market. Your agent should have the expert knowledge and connections to professional photographers to produce images that resonate and appeal to sellers. And the more photos the better, so choosing one or two won’t do the trick! It's best to work with the best real estate photographers that have an eye for the right angles, best lighting and provide high-quality photos to capture the best features of your home.

Homes sell faster 

Homes with more photos sell faster, which makes sense because buyers are doing more research than ever before. The more buyers can find ahead of time, the better your chances of getting your home sold quickly. According to the National Association of Realtors 2017 study , Homes with one photo spent an average of 70 days on the market, but a home with 20 photos spent 32 days on the market. Not only do professional photographs help you sell your home quickly, but it can also help you get a better deal, too. For homes in the $200,000-$1 million range, those that include high-quality photography in their listings sell for $3,000-$11,000 more.  

Emphasis on professional photography 

And we’re putting an emphasis on the words professional photography because you need high-quality photos. While there are plenty of great HGTV shows with useful information out there, nothing can replace the quality and direction of an agent and a professional real estate photographer. It is often the first impression that buyers have of your home before stepping foot onto the actual property. In fact, 89% of buyers who used the internet to aid their home search found the photos to be very useful. Your agent will have referrals to photographers that specialise in real estate that they have worked with personally.

3D Virtual Tours 

As time goes on and technology continues to advance, online platforms and visual tools become more robust allowing home buyers more and more insight into a home before ever connecting with the seller or agent. It is important to stay on top of the latest trends and constantly look for innovative marketing techniques to help sell your client's home quickly. You can also take it to the next level with 3D Virtual Tours to let a buyer walk through your home no matter their location.

Source: Why Professional Photography Is Important When Selling A Home

This article may also interest you: Why Professional Real Estate Photos Matter

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May 7, 2021

UK's Money Laundering and Terrorist Financing (Amendment) 2021

What's the general belief about UK's Money Laundering and Terrorist Financing (Amendment) 2021 - Professionally  


UK's Money Laundering and Terrorist Financing (Amendment) (High Risk Countries) Regulations 2021 (regulation 33(1)(b) came into force on 26th March 2021, placing Mauritius among others on the list of High Risk Third World  Countries. This occurred at a time when the jurisdiction is struggling at all levels to 'whitelist' its name following FATF and EU listings!

Since, UK is substantially not a member of EU, following the Brexit move, it is small wonder that it has come up with its own national stand, based on the same source and basis as the EU; it has had to compensate, thus in substance nothing changes. This is a viewpoint.

What could be the potential reasons and impact on Mauritius?

UK and Mauritius have long shared excellent diplomatic relationships and even been cooperating in different initiatives at global level. Notwithstanding these positive collaborations, Mauritius has been 'blacklisted' by the Kingdom! Some local experts have even wondered why not...… why only Mauritius, which is not that worse in terms of money laundering/terrorist financing issues! By virtue of its past and present tie with Mauritius, UK is well placed to know the country's appreciable effort in combatting these mentioned crimes.

Could there be other grounds that have motivated UK in this decision? Has the Diego litigation prevailed over the long cooperation history of the 2 states? Has Mauritius paid an economic price for insisting on its sovereignty, and playing its role fully as a politically autonomous jurisdiction? These are arguments repeatedly stated in unofficial talks...

The UK's stand implies that any business/ transactions/investments etc...originating from Mauritius will be subject to enhanced due diligence in UK at the level of its financial institutions. Foreign investors that were attracted to use Mauritius to tap other markets in the region and elsewhere may well be tempted to look elsewhere. This is for the least, but generally we can expect what is the overall perception about Mauritius in the UK, about being placed on its 'blacklist'.

The possible way forward?

There is no hard and fast solution to the UK 'blacklisting...'at this stage it doesn't seem apparent. UK used its own discretion to create its 'blacklist'. Mauritius is battling hard to resolve the FATF and, par ricochet, the EU listings. The EU has stated it black on white that it referred to the FATF's works for the designation of its High Risk Third Countries lists. One is related to the other, and expectedly the solution as well.

UK listing: there is no assurance at this point in time that other considerations will not be determinant in UK's eventual decision about its own 'blacklisting'! Local stakeholders will have to maintain the effort regarding the FATF and EU. In addition, a PR exercise is crucial once the latter are closed to demonstrate globally Mauritius jurisdiction is 'clean', especially if we are still on the UK listing.

The diplomacy and geopolitics fields must also be seriously entertained - Mauritius must fully tap its excellent ties with friendly countries to lobby its case with the UK successfully, hopefully! This is a must, Mauritius is an open economy and relies largely on international business for its local growth and GDP.

Update: 25th June 2021 Mauritius progresses to exit The Financial Action Task Force (FATF) list

This interview with  Erik Von Uexküll (World Bank Senior Country Economist) may be of interest to you.

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May 4, 2021