Virtual tours during the pandemicIn a couple of days, investors will find out how much revenue UI generated during the fourth quarter. In all likelihood the tour buzz segment will be in and around the $1,000,000 range. More difficult to predict how many cameras and equipment were sold.
For real estate agents, winter months are typically the weakest in terms of listing and sales. So real estate photographers have a bit more time on their hands. In all likelihood, UI will soon launch a marketing campaign targeting real estate photographers and combined with the upcoming launch of an improved version of their virtual tour platform should result in higher revenues.
UI is well placed to grow its business during what looks like will be a very difficult winter.