Uploaded on Feb 2, 2023
As a professional photographer, offering your clients exceptional quality photos is a given. But pricing your service correctly is crucial because you need to get the value you deserve.
The Ultimate Guide To Setting Real Estate Photography Pricing
The Ultimate Guide To Setting
Real Estate Photography Pricing
By-Picsera
Introduction
Professional real estate photographers offer a great
service: They can help sell houses faster and for a
higher price. As a professional photographer, offering
your clients exceptional quality photos is a given. But
pricing your service correctly is crucial because you
need to get the value you deserve.
Determine Your Income Goal
The approach to determining your income goal is simple.
Let’s say that as a part-time real estate photographer, you
want to earn $25,000 per year on top of your regular
income. Or let’s say you want to earn $75,000 per year as
a full-time professional photographer. Whatever your
income goal, it’s important that you come up with a
number that justifies pursuing this profession.
Evaluate Your Competition
Make a list of the things you like on their websites, and
replicate these features on your business website. Also, make
a list of the things you dislike on their websites and ensure
you get rid of these features on your website. Research your
competitors’ marketing tactics and find the ones that are
possibly delivering the best results. Implement the ones that
you feel might have brought them success.
Establish Your Real Estate Photography
Pricing Based on “Value” Clients
Establishing a real estate photography business on the
price front alone isn’t a sustainable model. But if you
offer exceptional quality—which is a given in professional
photography—word will get around, and you’ll get more
business. You’ll command a higher price only when you
bring more value to the table.
Use the Psychology of
Pricing to Earn Higher Profits
Price your service too high, and you might not land
enough clients. That’s an unfavorable situation because
you’ll have fixed operating costs to cover, such as office
rent, employee salary, and more. Pricing your service too
low can be equally painful. While you might get lots of
gigs, you’ll still have trouble covering your operating costs
because your profit margins will be too thin.
Offer Low-Effort, High-Priced
Add-On Services
Virtual tour software comes with a catalogue of different
settings and furniture options, enabling you to stage both
exterior and interior rooms virtually. This low-effort, high-
priced add-on service can drive your business profits. You
can also easily outsource this real estate photo editing
service and focus on your core photography business.
Thank You
Contact us:
Picsera INC
11151 NW 36th Ave
Miami, FL 33167
USA
(888) 672-4505
[email protected]
picsera.com
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