The introduction of AR/VR technologies in real estate has increased opportunities in this already booming sector. Showcasing an impressive global market value of $654.40 trillion, investments in this business will reach the mark of $727.80 trillion by 2029 (Source: Statista).
Hence to stay ahead in this industry, you need to drive towards new-age technologies of Augmented Reality and Virtual Reality. For that, you need to seek guidance from a leading AR & VR app development agency. It will allow you to understand thoroughly:
What are the Main Benefits of Deploying AR/VR In the Real Estate Industry?
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Better Audience Reach
As the real estate industry is becoming very competitive, leveraging the power of AR/VR technologies will allow you to enhance your brand visibility and showcase your architectural project works with immersive visuals to engage a large user segment within a shorter span. This also helps to increase your global market reach as well.
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Simulated Workers Training
Newly recruited workers often experience accidental injuries when receiving training on a project site. As a result, you have to halt your construction work unless finding a suitable replacement for the injured worker. But with the power of AR/VR, you can provide a simulated training environment for new workers to sharpen their skills.
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Offer Personalized Experience
With the help of an AR/VR app, you can also empower your clients to decide their preferred wall colors, choose the right furniture, measure the floor area, etc. These customized options shall assist them in making the best deal, thereby boosting your revenue generation possibilities.
Now, in this blog, we will also help you to know:
The Role of AR/VR In Revolutionizing Virtual Property Tour
1. Provide an Immersive View
Initially, you had to schedule an on-site meeting with the dealer to tour a real estate site. This process consumed a lot of time and effort for both you and the dealer.
But now with the help of advanced AR/VR platforms, the property dealer can easily provide you with an immersive 360-degree view of the property from anywhere. It not only saves your time as a client but also allows you to have a thorough look at the property from every angle quite comfortably without experiencing barriers.
So, when you want to captivate your potential customers with an immersive property viewing experience with a powerful AR/VR app, you should hire an experienced AR/VR app development company.
2. Offer Relevant Suggestions
Realtors need to understand your specific design choices and preferences when looking for your property. For that using the powerful AR/VR platform will be very useful. It will allow them to incorporate your design choices into the AR/VR apps to obtain matching suggestions when searching for the ideal property on your behalf. This capability has immensely benefitted dealers, helping clients obtain the desired property and thereby closing deals.
3. Improved Decision-Making
With the entry of AR/VR in real estate, customers can now make better decisions when buying a property. For instance, by leveraging the power of AR and VR technologies, your clients can easily compare the budget and other details of real-estate properties with immersive visuals. This eventually assists them in choosing the best among them with proper negotiation.
This notable advantage is driving many business establishments to invest in creating AR/VR virtual property tour apps. But to get the desired outcome, they need to seek help from a reputed AR/VR app development company.
4. Better Guidance
To make sure that clients do not get bored, you must entertain them with immersive narratives when providing essential information like the establishment year, past owners, materials used, and so on, when touring your property virtually. Obtaining this enjoyable experience will eventually drive them closer to signing a purchasing deal with you.
5. Support Virtual Staging
When looking for a housing property, your customers also want to determine what types of furniture can be added to enhance its interior look and feel. For that, you have to provide them with a cutting-edge AR/VR property touring app.
It will allow your customers to digitally add furniture images in empty rooms. This ultimately helps them to select the best furniture piece that will assist them get the desired interior decoration. However, to create such a powerful platform, you need to consult a professional app development agency.
6. Reduced Marketing Costs
Initially, to attract potential customers for your property, you had to heavily invest in online and offline marketing strategies which were time-consuming as well.
But with the assistance of AR/VR simulated technology, you have the scope to craft impressive marketing strategies to influence customers to tour your property online. However, to ensure the proper use of these technologies in providing a realistic virtual tour, you need to get help from a top-rated AR/VR app development company.
Why Should You Choose Red Apple Technologies In AR/VR App Development?
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Proven Expertise
Our proficiency in AR/VR app development is evident with the success of popular AR/VR platforms like Training of Riggers, The Human Anatomy, 3D Organon, and others. As one of the top AR/VR app development companies, we bring your ideas to life with a customized approach.
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Comprehensive Solutions
From conceptualization, design, and development to testing and final delivery, we make sure that your AR/VR app project is properly executed with unparalleled work quality.
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Dedicated Support
We also help you to determine your project outcome with the dedicated hiring solution that helps you access a vast pool of talented developers with cutting-edge expertise.
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Faster Outcome
We make sure to complete your assigned project work on the scheduled timeline with the deployment of agile-driven methodology. This helps our team to detect and fix errors or modifications at every design and development stage.
Final Thought
The use of AR/VR in the real estate industry is gaining prominence over time. It is helping firms operating in this segment to attract potential leaders with a realistic experience of virtual property tours. Moreover, these technologies are also helping architects visualize the right architectural structure and design when working on a real-estate project to ensure the best outcome. In addition, there are a variety of benefits and use cases of these technologies in the real estate industry. However, to utilize these next-gen technologies for your business growth, you should hire dedicated development team specialized in AR/VR.
To Have A Better Understanding On This Let us Answer The Following Questions
What are the key industries utilizing AR/VR solutions effectively?
Answer: The use of AR/VR technologies is gaining prominence across industries like Education, Healthcare, Real Estate, Tourism, and others. But to use these simulated 3D technologies wisely, you need to get customized app development services to bring alive your idea.
Why is AR/VR development important for business innovation?
Answer: These high-end technologies assist businesses in visualizing hidden opportunities and also guide them in making the right decisions in the future. Equipped with the power of predictive analytics and immersive demonstrations, you can easily analyze the changing tastes and preferences of your customers.
How long does it take to develop an AR/VR application?
Answer: The duration depends on multiple factors like app type, features or functionalities to be added, technology stack integration, engagement model, and so on. So, to get the exact deadline estimation, you need to get in touch with the best AR/VR app development agency.