WHAT IS A VIDEO OFFERING MEMORANDUM?
A video offering memorandum (VOM) is a marketing tool that combines a video presentation with a written offering memorandum (OM) to provide detailed information about a commercial real estate property that is being offered for sale or lease.
One unique aspect of a VOM is the use of Google Earth animation, which allows the viewer to see the property from a bird’s eye view and get a sense of the surrounding area. The animation can be a helpful way to showcase the property’s location and any nearby landmarks or points of interest.
In addition to the Google Earth animation, a VOM typically includes a video tour of the property, highlighting its key features and amenities. The video may be narrated by a representative of the property owner or brokerage, or it may simply be a visual tour of the property. The VOM may also include a written OM, which provides additional information about the property, such as its location, size, age, condition, and any unique features or amenities.
Video offering memorandums can be a useful tool for property owners and brokers to showcase a property to potential buyers or tenants in a more dynamic and engaging way. They can also be helpful for potential buyers or tenants, as they can get a better sense of the property’s layout, features, and location through the video tour and Google Earth animation.
Video offering memorandums can be accessed through a variety of platforms, such as a company’s website, YouTube, or Vimeo, and can be shared easily through email or social media. Overall, VOMs can be a valuable addition to a commercial real estate company’s marketing efforts, helping to attract potential clients and showcase properties in a more engaging and interactive way.
To learn more about FocuedCRE’s video offering memorandum services, visit this page: https://focusedcre.com/video-oms/.