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The Investment That Yields The Highest ROI

The Investment That Yields The Highest ROI

FromSTR Unfiltered


The Investment That Yields The Highest ROI

FromSTR Unfiltered

ratings:
Length:
13 minutes
Released:
Dec 26, 2023
Format:
Podcast episode

Description

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This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.

In this episode of STR Unfiltered, host Bill Faeth discusses the significance of investing in high-quality photography for short-term rentals. He argues that investing in top-tier photos is the best way to maximize return on investment (ROI) for rental owners. He shares his personal story of investing an average of $2500 per property on photography, which has considerably boosted his bookings and income. Bill emphasizes the need for 3D renderings for properties with multiple floors and highlights the impact of quality photos on time spent on a site, conversion rates and rankings. The discussion encompasses home staging for photography, branding the property through design and color scheme, and why owners should be physically present during photo shoots. Bill also highlights that video content will be important in the future too. Lastly, he encourages listeners not to skimp on photos as they play a crucial role in marketing and conversion for short-term rentals.

00:00 Introduction and Importance of Photos in Short Term Rentals
00:34 Investing in High-Quality Photos for Your Property
02:43 The Impact of Quality Photos on Booking Rates
03:22 The Correlation Between Photo Quality and Conversion Rates
04:01 Preparation and Staging for Property Photoshoot
05:31 The Role of the Property Owner in the Photoshoot
06:25 The Importance of Capturing Property Features and Views
08:07 The Advantage of Having Perfect Photos
09:36 The Role of Video in Property Marketing
10:12 Conclusion: The ROI of Investing in Photos

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Released:
Dec 26, 2023
Format:
Podcast episode

Titles in the series (100)

Short Term Rentals have been a game-changer for the real estate industry. And no one knows this better than Bill Faeth. As a successful Short Term Rental Investor and Host, Bill has seen firsthand how powerful the Short Term Rental model can be. And now, he's sharing his knowledge with the world through his new podcast, STR Unfiltered. On each episode, Bill breaks down the ins and outs of Short Term Rental Hosting, giving listeners actionable advice that they can use to take their businesses to the next level. Whether you're just starting in Short Term Rentals or looking to take your business to new heights, STR Unfiltered is a must-listen. So what are you waiting for? Tune in today and learn from the best in the business!