Enjoy the surroundings with meticulous details, without actually being physically present. Sounds cool right? So, you are Welcome to the world of Virtual Reality in real estate (VR), the “next big thing” in tech for quite a while now. The VR trend is picking up more and more steam from the gaming industry to military training and expanding the scope further every year.
It is not a surprise that many old-fashioned industries are opting for VR to innovate their business and get an edge in the competitive fierce global market. In a real estate application development company, VR can be considered as the most revolutionary effort. Which is not only attracting a lot of eyeballs, it is overlapping digital transformation in real estate information on top of a person’s environment in real-time and getting a rousing reception as well. According to a survey, 36% of respondents believe AR/VR related investment will flow in real estate until 2021 compared to 18% of 2017.
Along with all these advancements, it’s time-saving and convenient potential going to be the main selling points of VR real estate. Also, Virtual Reality technology can provide brand-new interactive aspects to real estate.
Must Read: Digital Transformation in India for fighting against COVID19
Advantages of Virtual Reality in the Real Estate Industry
Imagine how convenient it is to interact with your dream project without leaving the realtor’s office, also, with an efficient house-hunting experience & fully exploring a property?
Let’s check the main features that a real estate application development company can offer in Virtual Reality.
- Virtual Tours and Property Showcases: As you put on the VR headset, you will be involved in a three-dimensional showcase of the property. Take your VR walkthrough, and avoid corralling busy buyers.
- Entire Architectural Visualization: What if the property is not completed yet? VR real estate helps real estate to resolve this problem too. The costly 3D models now replaced by significantly cheaper architectural visualization with an immersive experience for the potential buyer. VR in real estate goes a step further, from Showrooms and imagination, which only give an idea of what project could be, by clearly displaying what they are providing.
- Virtual Staging: In real estate transformation, VR marketing has made unfurnished properties easier, where a customer can instantly build an emotional connection with the property. Though investment and time to put together each property for sale are daunting, Staging can work as a cornerstone of marketing properties. Customers can take an endless virtual tour through Virtual Reality. VR in real estate empowers a customer to visualize a home as a replica of the physical one; it easily lets them run into their imagination and style it up to their heart’s content.
- Enhance Communication Between Landlords and Tenants In real estate transformation, proper communication is the main ingredient. Buyer is investing their hard-earned money, and customers can seek clarifications about various features and aspects of it until they are reasonably satisfied. VR tours can create an instructional video hub that tends to answer all customer’s queries and take them through something they are finding hard to operate. The possibility of future bitterness over “what customers were promised or told” and accurately they delivered is nipped in the bud. This is how Virtual Reality is impacting the real estate industry.
- Bring Agents and Buyers Closer Vicinity is not a precondition for buying a home anymore. Virtual Reality has made it possible for a long-distance buyer who is aware of VR in real estate, knows very well that there’s no rule engraved in stone that they can’t look beyond your locality. On the other hand, agents also get the opportunity to expand their client base.
Wrapping up
Virtual Reality has got off the ground in real estate. Digital transformation in real estate is now becoming the core aspects of selling properties. Everyone is now interested in tech news and tends to know VR technology’s impact on industries. The vast potential of VR in real estate is revolutionizing the old fashioned home-buying experiences into adventure. If you are looking for any VR or AI-based solution, you can contact Technogripper – the best software development company in India, to invest in the cutting-edge projects.
Maybe your next house purchase will be made entirely remotely!
