Maximizing Real Estate Success with Matterport Services

Table of Contents

As industry professionals, we are thrilled to delve into the intricacies of Matterport services with you. This revolutionary technology is reshaping how we perceive and interact with real estate properties. We’ll explore every facet of this fascinating tool, from its conception to its practical applications.

We’ll start by introducing Matterport, shedding light on what it is and how it works in creating immersive 3D virtual walkthroughs. We will then guide you through preparing your home for a Matterport scan, highlighting key steps such as clearing countertops and organizing storage rooms.

Further, we’ll discuss capturing your property using Matterport services – from setting up equipment at a location to estimating time duration based on square footage. Finally, our journey concludes with post-capture processing and final product delivery, offering insights into uploading scans onto cloud platforms and expected timelines till delivery.

This comprehensive exploration promises a deep understanding of Matterport services that will equip you for successful utilization in your real estate endeavors.

Understanding Matterport Services

Matterport is like a magician for real estate – it creates mind-blowing 3D property tours that make buyers go “wow.” without even stepping foot inside. But what’s the secret behind this virtual wizardry? Let’s find out.

What is Matterport?

Matterport is the rockstar of virtual tours. Matterport utilizes cutting-edge technology to create immersive 3D models, allowing you to explore properties easily. It’s like having X-ray vision for houses.

How does the Matterport system work?

First, they use fancy cameras with infrared sensors to capture every nook and cranny of space. These cameras take multiple shots from different angles, gathering all the juicy details about the layout, furniture, and even the tiniest architectural quirks.

Then, using some serious brainpower (aka advanced algorithms), all those shots get stitched together to create a seamless 3D model. It’s like a mad scientist experiment but much cooler and less frightening.

The end result? A virtual tour that feels so real you’ll forget you’re actually sitting on your couch. You can explore every corner, zoom in on the fancy chandelier, and even pretend you’re a secret agent on a top-secret mission. It’s like you’re playing a game but without the undead monsters.

And the best part? You can do all this before you even set foot on the actual property. No more wasting time on places that turn out to be duds. It’s like having a crystal ball for house hunting.

Preparing Your Home for a Matterport Scan

Before our team works its magic with Matterport, there are some necessary preparations you need to make:

Clear off countertops in the kitchen and bathrooms

Declutter those surfaces. Remove unnecessary items that might distract from the overall aesthetic. A clean countertop allows potential buyers to visualize their own stuff.

Hide personal items from the view

Take down family photos and hide kids’ toys. Depersonalizing the space helps buyers imagine themselves living there.

Organize storage rooms

Tidy up closets, basements, and garages. Box up clutter and arrange remaining items neatly to show off the available storage space.

Don’t forget general tidying tasks like vacuuming, dusting, and wiping down windows. The cleaner and more organized everything appears, the better the impression.

Keep doors open and lights on throughout the house during the scanning phase. Every detail counts.

Lastly, spruce up your outdoor area. Give your yard, pool, and patio a quick clean. These exterior features could be major selling points.

The Process of Capturing Your Home with Matterport

Once your house is ready, our team at Nomadic Real Estate steps in to capture every detail using advanced technology. We open doors, switch on lights, and work our magic with a specialized camera from Matterport

This advanced camera captures stunning 360-degree visuals and infrared data, not like any regular one. Our team sets it up with precision, making sure to cover every nook and cranny.

Setting up the Cool Gear

Our trained staff arrives at your property with the Matterport camera, ready to rock. We start from one end and meticulously scan each room, creating a digital representation of your home that feels like the real deal. It’s like virtual reality but without funky goggles.

Time Flies When You’re Scanning

The scan duration is determined by the area and design of your residence, with approximately one hour per 1,000 square feet. For every 1,000 square feet, we need about an hour. So, a small apartment is a quickie, a medium-sized home is a couple of hours, and larger homes or commercial spaces can take half a day or more. We’re not speed demons, but we’re accurate as heck.

  • A small apartment (less than 1k sq ft) may take around an hour.
  • A medium-sized home (around 2k-3k sq ft) could take between two to three hours.
  • Larger homes or commercial spaces (>4K sq ft) may need half a day or more.

These are rough estimates, though. The actual time can vary based on factors like lighting conditions or fancy architectural features. We plan everything meticulously to minimize disruption and maximize efficiency. We’re pros, after all.

But wait, there’s more. We don’t just capture pretty pictures. We also collect spatial measurements to generate floor plans and calculate precise dimensions. It’s like we’re architects and photographers rolled into one. So we’ve got you covered whether you’re selling, renting, or just showing off your awesome pad.

 

Key Takeaway: 

Nomadic Real Estate offers Matterport services to capture every detail of your home using advanced technology.
Their trained staff uses a specialized camera to create a digital representation that feels like virtual reality while also collecting spatial measurements for floor plans and precise dimensions.

Post-Capture Processing & Final Product Delivery

The fun part begins after we’ve captured your space. We upload the data to the cloud and work our magic to create an interactive 3D model that will blow your mind.

Uploading Scans Onto Cloud Platform

We transfer the scans to Matterport’s secure cloud-based servers at lightning speed. They have some serious processing power to turn those scans into a jaw-dropping virtual tour.

Rest assured, we maintain the highest standards of privacy and security. Only authorized personnel can access your files during the transfer and processing.

Timeline Till Delivery

Delivery time depends on the size of your property. Bigger places take a bit longer, but we’ll have your virtual tour ready within two business days.

  • Day One: We capture detailed scans of every nook and cranny in your space. Our equipment is top-notch.
  • Day Two: We upload the scans to Matterport’s cloud server and let their algorithms work their magic. The result? An accurate 3D model that will make your jaw drop.
  • A few hours later: We review the models for quality assurance and send them directly to your inbox. We’ll also give you instructions on how to view and share them with potential buyers or renters.

If any hitches arise, we’ll keep you apprised. Slow internet speeds or maintenance issues can happen, but we’ll make sure you know when to expect your final product.

If you have any queries regarding the post-capture process, don’t hesitate to contact us – we’re here to assist. We’re here to help.

FAQs in Relation to Matterport Services

What are the downsides of Matterport?

The main drawbacks include limited outdoor use, reliance on good lighting conditions, and potential privacy concerns due to detailed interior mapping. For more information, visit Matterport’s blog.

What is a Matterport service?

Matterport service involves creating interactive 3D models of spaces using specialized scanning technology. Learn more at Matterport Service Partners.

Why is Matterport so awesome?

Matterport excels due to its high-quality 3D imaging capabilities, ease of creating virtual tours, and wide range of applications across industries. Check out these case studies.

Who are Matterport’s competitors?

Main competitors include Zillow 3D Home, GeoCV, and iGUIDE, among others, offering similar real estate visualization solutions. 

Contact Nomadic Real Estate for Help with Matterport Services

Matterport services offer a convenient and immersive way to showcase your home or rental property, so potential buyers or tenants can explore every corner from the comfort of their own devices.

With Matterport, you can attract quality tenants or market your properties effectively in today’s competitive real estate market, thanks to its user-friendly technology and high-quality scans.

Don’t miss out on this innovative solution for presenting homes in a dynamic and engaging way! Reach out to us today for more information.

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Enhanced Reporting

Your portal includes a selection of extremely useful reports. Reports are available in the “Reports” section, and are distinct from the financial statements. Unlike financial statements which are static records, Reports are dynamic real-time records that will update with current data every time you view them. 

Scroll down to learn more about Reports:

Navigate to the "Reports" module in your portal:

Owner Portal Reports
  • Keep in mind, these reports are dynamic records. They will refresh to display current information every time you view them. 

Enhanced Rent Roll Report:

Enhanced Rent Roll Report
  • The Enhanced Rent Roll Report will show the rent amount, last payment date, move-in date, lease expiration date, and security deposit amount for each of your tenants. 
  • It will also show a portfolio summary with occupancy percentage, vacancy loss, and more!

Unit Comparison Report:

Unit Comparison Report
  • If you own multiple units (or buildings) with Nomadic, you’ll get access to the Unit Comparison Report. 
  • This report enables you to quickly compare financial performance between your units at a glance without toggling between individual reports. 

Income Statement Month-Over-Month:

Income Statement by Month Report
  • The Income Statement Detail – Monthly Report serves as a month-over-month record of portfolio performance. You’ll see itemized income and expense categories and can track monthly. This report will update with fresh data every time you view it. 

Financial Statements

Financial statements will be published to your portal on a monthly basis. The statements are found in your Documents library, and provide a historical record of all financial performance. The statements serve as a snapshot of financial performance over a given period, and are static documents (unlike Reports, the statements do not update/change in real-time). 

Scroll down for more info about the Financial Statements in your Documents library:

The Documents area contains monthly financial statements:

Owner Portal Documents
  • The statements in the Documents are are static documents. They are posted to the portal once a month to serve as a historical record of financial performance. 

Download a statement to see month and YTD financials:

Owner Portal Property Statement

You'll also find a month-over-month operating statement:

Month over Month Statement

Portal Communication Tool

You can use your owner portal to communicate with our team. Any messages you send through the portal will go straight to your Account Manager. When we reply, you’ll get an email notification and you’ll also see the message in your portal next time you log in. 

Here’s an overview of using the communication platform:

Click "Communications" and navigate to "Conversations":

Commincation Dashboard Screenshot
  • The communications module will contain a record of all messages that you create through the portal. 

Click the "New Message" button and send your message:

Owner Portal New Message Screenshot

Responses will show up in the conversation ticket:

Portal Conversation Response Screenshot
  • You’ll get an email notification whenever you get a response, and you’ll also see the message in your portal next time you log in. 

You can reply in-line using the comment box:

Owner Portal Comment

Each conversation will be logged in its entirety:

Portal Conversation Snapshot

Understanding the Ledger

Your portal includes a ledger with all transactions. The ledger is populated with data in real-time as transactions flow through our accounting software. Much of this information is also available in the Reports area, as well as the Statements in your Documents library, but the ledger is the most comprehensive resource for diving into the details. 

Please scroll through the sections below to get a better understanding of how to interpret the ledger. 

By default, transactions are sorted chronologically:

Owner Ledger Dates
  • The date reflected in the lefthand column is the actual transaction date, not the “bill date”. This is the date the transaction was actually processed. 

If you have multiple properties with Nomadic, you'll see the address for each transaction in the "Location" column:

Ledger Property Column
  • You can filter the ledger to look at just one property, all properties, or specific sets of properties. 
  • If you only have one property with us, you’ll just see the ledger for that property. 

The Description column displays the transaction type:

Owner Ledger Description Column
  • BILL: this is an expense transaction, such as for repair costs or management fees.
  • CHARGE: this is a transaction  billed to the tenant, most typically a rent payment. 
  • NACHA EXPORT: this is a credit we processed to your distribution account. This type of transaction is how you get paid! 

The Amount column shows the dollar value of each transaction:

Owner Ledger Amount Column
  • Positive Amounts: if an amount is positive, it reflects a transaction that is payable to you. Typically, this will be a rent payment that we collected from your tenants. On occasion, a positive number could also signify a journal entry or credit adjustment. 
  • Negative Amounts:  if an amount is negative, this is a transaction that is either payable to Nomadic or is an amount that has already been paid to you. Typically this will be for repair costs or management/leasing fees. Owner draws (net distributions into your checking/savings account) also reflect as negative amounts, since they have already been paid to you. 

The Account Balance column shows a sum of positive/negative transactions at a given point in time:

Owner Ledger Account Balance Column
  • Account Balance should always equal zero after a net distribution has been processed. When the balance is zero, this means that all expenses have been paid and you’ve received the remainder as net operating income, leaving a balance of zero (meaning: no one is due any money, as all funds have been distributed appropriately). 

Navigating the Propertyware Owner Portal

Your portal includes some extremely useful features that help you understand your property’s financial performance at a new level, with real-time transparency into every transaction.

Scroll through the snapshots below for an overview of portal navigation! If you need more help or have specific questions about using the portal, you can reach out to your Account Manager any time for a screen share. 

You can filter all info by date range or property:

PW Portal Filters

View a snapshot of income and expenses on your dashboard:

PW Owner Dashboard View

See every transaction in real-time on your ledger:

Owner Portal Ledger View

Statements and forms will be posted to your documents library:

Owner Portal Document Library

View a suite of real-time financial reports:

Portal Reports View

See a running list of all bills, and drill down for more detail:

Owner Portal Bills View

Under Bill Details, you'll find dates/descriptions/amounts and more:

Portal Bill Details

You can also communicate with your Account Manager through the portal:

Owner Portal Communication Tools

How do net distributions work?

Net distributions keep your accounting clean and simple. Each month we’ll collect rent from the tenants, deduct any repair expenses for the previous month and any management/leasing fees for the current month, and credit the remaining net operating income to your account. 

Net Distribution

You’ll receive a statement via email each time a net distribution is processed, and can view all transaction details in your Propertyware owner portal.