Looking at some data Urbanimmesive Gross Merchant Volume (GMV) and USA new listings trends are pretty similar. For the months of May and June 2021, there was an uptick in new listings (731,085 in May and 776,291 in June), however gross merchant volume has been trending downwards (May $1,170,000, June $910,000 and July $843,000). If you copy paste the data and create a graph you will see an imperfect correlation between GMV and new listings.
The other intriguing data is the median days on market. It has been declining since 2012. For the month of June 2021, the median days on the market was estimated at 14 days by Redfin and at 37 days by Realtor.com. Given the short time frame, it is possible that some real estate brokers have decided not to use the services of a real estate photographer. Only ±35% of agents employ professional photographers.
UI now has four segments generating revenues. Immersolution, SAAS revenues (Tourbuzz), real estate photo agencies (REPA) and licensing (two police and one fire department). In all likelihood, UI is searching to add REPAs to its existing roster, hopefully, they will be located in the USA.
| USA listings | UI GMV |
July 2019 | 711796 | $ 874 000 |
August 2019 | 678837 | $ 809 000 |
September 2019 | 626132 | $ 781 000 |
October 2019 | 611157 | $ 767 000 |
November 2019 | 442793 | $ 474 000 |
December 2019 | 325288 | $ 297 000 |
January 2020 | 533550 | $ 540 000 |
February 2020 | 587085 | $ 702 000 |
March 2020 | 668111 | $ 885 000 |
April 2020 | 476745 | $ 587 000 |
May 2020 | 641203 | $ 853 000 |
June 2020 | 718696 | $1 070 000 |
July 2020 | 760945 | $1 140 000 |
August 2020 | 717694 | $1 020 000 |
September 2020 | 703312 | $1 040 000 |
October 2020 | 687169 | $ 966 000 |
November 2020 | 495107 | $ 735 000 |
December 2020 | 394349 | $ 529 000 |
January 2021 | 495628 | $ 624 000 |
February 2021 | 504223 | $ 759 000 |
March 2021 | 698433 | $1 130 000 |
April 2021 | 756539 | $1 030 000 |
May 2021 | 731085 | $1 170 000 |
June 2021 | 776291 | $ 910 000 |
July 2021 | | $ 843 000 |
https://www.redfin.com/news/data-center/
https://fred.stlouisfed.org/series/MEDDAYONMARUS
https://photographyforrealestate.net/statistics-on-realtors-usage-of-real-estate-photography/