Video Hosting – which is best for estate agency?

A survey of 1000 UK adults found that consumers are more likely to share (39%), comment (36%) and ‘like’ (56%) an online video than they are a text article. And of those asked, more people said they better engaged with online video in these ways than with online articles.

With video sharing apps such as Periscope, Meerkat, Snapchat becoming ever popular it’s clear that video is becoming a massive part of how we interact with each other, and it makes sense to introduce video into your business, but what are the best ways to get your videos out there? I’m not suggesting you start Snapchatting your video tours, but there are a number of excellent video hosting sites to get your started.

YouTube:

When you think ‘online video’ chances are your first thought will be ‘YouTube’. Such is the attraction of video that YouTube is the third most popular website in the world over 1 billion users but in my opinion it has it’s drawbacks, especially when it comes to business, Advertising, Distractions as well as the fact that video plays cannot be effectively tracked:

1. Advertising:

Since Google’s purchase of YouTube in 2006 third party advertising has become the norm across the site. If you watch as much online video as I do you’ll know how irritating it is to have to sit through an unwanted ad before getting to your video: especially if it doesn’t give you the option to skip.

These ads can be particularly off-putting to some viewers, who might even choose to click away before they arrive at your video.

2. Distractions:

You want your agency’s video to be the sole focus of the viewer’s attention, and YouTube is full of distractions. Viewers will be bombarded with suggestions of what they should watch next, making it difficult to focus on what they’re watching now.

YouTube does not appear to have been designed for professional, business-centric videos and it’s appeal seems to be mostly for funny cat videos and teenage girls doing make-up tutorials. But there are other video sharing sites that are better suited to business.

Vimeo and Wistia

Vimeo and Wistia are both free options for hosting video. They are designed for professionals and neither site bombards the viewer with annoying advertisements. However Vimeo, being designed for professional filmmakers, still offers the viewer a distracting selection of other people’s videos to watch next. In other words, there can be confusing “ownership”.

Of the two, my loyalty goes to Wistia. Wistia was created with business hosting in mind, and it shows: when you follow a link to a Wistia-hosted video you get a clean interface where the video is the main focus of the page. When uploading to Wistia you are given a number of customising options allowing you to colourmatch the play button to your brand, and add annotations and calls to action that can link through to your website.

As with YouTube, you get basic video stats, allowing you to see when a video was played, and the ‘viewer engagement’ aka how much of the video the average person is watching, which can be helpful when sharing general marketing videos. 

VOX

Whereas YouTube, Vimeo and Wistia are great for sharing videos to a wide audience, VOX has been designed with personal business video communications in mind (although VOX can be sent to huge lists of contacts as well). VOX’s focus isn’t on polished, over-produced marketing videos – it’s about one-to-one, raw, immediate video, delivered by email, SMS or social media. 

As well as uploading and hosting pre-recorded videos, VOX allows you to record and send video directly from your desktop or smartphone via their app. It’s a really simple but effective way to introduce yourself to a new client, and lets them put a face to your name without losing the connection with your brand, as all videos appear within a fully branded player with contact details etc. As VOX says: “it lets you be there in person when you can’t be there in person”.

The thing that really makes VOX stand out from the crowd is its tracking function: not only do you get basic stats such as number of views, but you can also see WHO has watched your videos. This is a particularly good feature if you are sending out, for example, a property preview video or open house invitation: by sending it through VOX you can see exactly who from your list of potential buyers has engaged with the video, and call these people directly to follow them up and secure a viewing. It’s also great for viewing feedback or reporting maintenance issues to landlords.  

VOX also gives you the option to turn on alerts for when a video is played, which may not sound particularly useful but in fact it lets you know that you are already in the front of the viewer’s mind: which is the perfect time to follow up with a phone call.

Unlike the other sites, VOX isn’t free but in its favour it does move video from simply being a marketing device and makes it an everyday business communication tool. It helps to build rapport with potential new customers, and cements relationships with current ones.

However you choose to start sharing video, the important thing is that you START. Video is here to stay and those who embrace its entry into the business world are likely to be the winners.

To learn more about the applications of video in the property industry you can register to attend the FREE Video Technology In Estate Agency Conference and Expo at http://videa15.co.uk/

 

Alex Evans

You May Also Enjoy

Breaking News

Just 17% of homes selling for more than £500k

The latest analysis by eXp UK has revealed that while just 17.4% of homes sold across England and Wales so far this year achieved a price of £500,000 or more, agents in London, the South East, and the East of England will face the greatest need to adapt should the Government press ahead with plans…
Read More
Breaking News

Estate agents back Rachel Reeves’ stamp duty shake-up but call for abolition without replacement tax

The latest research from GetAgent has revealed that the majority of estate agents in England are supportive of Chancellor Rachel Reeves’ plans to overhaul property taxation by scrapping Stamp Duty Land Tax (SDLT). However, 44% argue that the new levy should be focused only on higher-value homes, while 79% favour abolishing SDLT outright without introducing…
Read More
Breaking News

First-Time Buyers Prioritising ‘Forever Homes’

A third of first-time buyer purchases are semi-detached properties, as young people turn to ‘forever homes’   Barclays mortgage data shows semi-detached properties rose in popularity in August, accounting for 33.5 per cent of first-time buyer purchases Four in 10 Barclays first-time buyer customers chose mortgages allowing them to complete their repayments over a 30+…
Read More
Rightmove logo
Estate Agent Talk

Rightmove helps agents get Renters’ Rights ready as bumper autumn of training and content begins

Rightmove, the UK’s largest property platform, is launching a bumper autumn of training and educational content for agents on the Rightmove Hub, to help them get Renters’ Rights ready ahead of the Bill gaining Royal Assent. An autumn series of webinars Kicking off the autumn of content is a webinar on 16th September from 10:00am-11:00am,…
Read More
Estate Agent Talk

Closing the gap on client relationships and recommendations

New research from iamproperty has highlighted the growing disconnect between what buyers and sellers want from their agent and what they experience, which could be killing recommendations from happy clients. iamproperty’s quarterly consumer survey revealed that only a third of respondents (32%)¹ would recommend their agent following their experience. With many agents relying on recommendations…
Read More
Estate Agent Talk

Northern Ireland to expect over 25,000 new home movers

Belfast-based estate agency John Minnis has revealed that Northern Ireland is to welcome an estimated 25,000- 30,000 new arrivals from the UK and Europe over the next five years, as migration to the region reaches its highest levels in more than a decade. Recent figures show that 11,700 people relocated from other parts of the…
Read More