There have been some developments since then that have caught my attention:
So what does all this have to do with real estate? These recent developments mean you can shoot 360 video of a listing, upload it to YouTube and then viewers that view it on mobile devices can have a pretty compelling viewing experience that I think is better viewing experience provided by ordinary spherical 360s.
Try it out. This YouTube video is a 360 video of Toronto Realtor Siu Ta giving a tour of the neighborhood and one of her listings in the Toronto Riverdale neighborhood. Watch the video on your mobile device (smartphone or tablet) and then rotate in different directions and the video automatically rotates with your body movement up, down left or right. You can also move the video around on a laptop or desktop screen by dragging the mouse in the direction you want to move, but I find this more awkward than viewing on a mobile device.
OK, I'm sure you can find faults with Siu Ta's video but the 360 video cameras are just barely on the market. The quality will only get better and the prices will come down. I think that even though this technology many not be fully refined it won't be long before 360 video will be able to replace the 360 spherical images with this more compelling, lower-cost alternative that takes less time to create. I don't expect this to replace the beautiful cinematic style property videos. It's a different medium. It's a cross between traditional 360 images and traditional video. I think it will certainly replace the old style 360 spherical still images. But not traditional video.
What do you think?