Reverse Engineering Real Estate Photography Pricing

Reverse Engineering Real Estate Photography Pricing

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In reversing the engineer will mean it will need to look back at the process. This means you will have the best idea of what needed to charge upfront in the real estate photography cost.

For example, think around how long you will spend on the normal real estate photography work. It will start from the client communications to the travel time up to the real photo shoot and in the editing time. Consider now how much you will need to make your hourly to cover in paying taxes, other expenses and costs. Then give yourself enough income.

Multiply that profits hourly rate need by the amount of hours, which you will take from the shoot. This must be the rates you charge for the real estate photography. This can be the hard one to bring out. There is usually a different measure of time on every shoot.

This functions to at least provide you the clarity on what you have been getting in an hour. And you can figure out whether you’ll need to go higher or just stay at the present rates. Bear in mind that during the early stages the photo shoots will take even longer and the moments may vary more. As you’re developing your workflow more, your time spent on every job will then stabilize.

 The entire time spent on every job will get tinier. This is the best exercise to try earlier on to witness how different the rates crash down. You may try it also when you are the seasoned photographer who will audit the rates.

How to test the offering and then see if the rates are good?

During the ending part of the day, some error and trials will still be there. Once you have done the research and settled on the offering, place it out in the world and listen to the reactions. Remain open to the probable need to create adjustments to fit with what the clients need. But do not allow yourself to get swayed in every tiny piece of feedback either.

It is always the best thought to go by the above steps regarding that once a year audit of rates. You will know then if there is anything you needed to change. Incorporating the client feedback into the procedure is also one best option.

Perhaps you need a follow-up mail that you forwarded to your client right after every shoot to witness if they are contented with the outcome. Ask when they have requested for the future shoots shifting forward, and if there is anything that stood out as excellent from the shoot. When dealing with whether or not makes the change to the offering, then, consider these two things:

1. Does the suggestion arrive from the potential client who wanted to work with you?

2. Has the suggestion appeared from just several individuals?

If the modification is from somebody that is not the best fit as the client, then, it is best to not likely do it. They are not in the target market. Likewise, when the request comes only from a client out of 30, then, most probably, hold off on creating the changes. If anybody else brings it out, then, take that into reconsideration.

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