How VR Solutions aid the Real estate Business with new innovations?
Goldman Sachs research reveals that the market for Virtual Reality Solutions could generate over 2.6 billion USD at the end of 2025. Moreover, their research states that, in 2020, around 130,000 Real estate agents have utilized VR tools to exhibit the properties. The study also states that, one of the biggest impacts of Virtual Realityin Real estate will be in VR home tours.
With the sharp and consistent rise of Virtual Reality Solutions, new technologies are shaping the world around us, especially the industrial sector. At the moment Real estate has cracked the right code to make the best use of it which is why virtual home tours have caught quite a buzz.
Growing Popularity of VR in Real estate Business:
Today, you cannot just run your Real estate business the traditional way. You also have to invest in Virtual Reality Solutions to cater virtual tours for your customers. You need to run Virtual Tours of your site as it would help your clients to have a look at the property of their preferences/specifications/requirements to arrive at a decision. Also, VR enables your customers to view the property at their convenience without travelling to the required location.
Today, 71% of the millennials are happy to utilize VR technologies and are quick enough to adopt new innovations. Most people look at a minimum of 5-7 houses before buying one. And VR solutions have helped them save their time and energy during house hunting.
Here’s how you can utilize Virtual Reality in your Real estate Business:
- Showcasing Virtual Property
Before buying a property, Real estate clients visit several properties until they decide the one which matches their specifications/preferences. Hence, this involves proper bandwidth, cost, and energy. VR technology helps in solving these problems and enables people to virtually visit those places.
All you have to do is, put on the VR headset which will take you into an immersive environment and you will experience the 3D walkthrough of properties.
- There are two kinds of 3D virtual tours:
- Interactive visits: This allows you to move freely within a property virtually by selecting the special hotspots in the field of view. Therefore, creating interactive virtual home tours is complicated and they are even more interactive than guided 3D virtual tours.
- Guided Visits: These are conventional promotional videos in the 360-degree video format. These are best for viewing sophisticated properties. Just by wearing a VR headset you could get through immersive experiences and enjoy a beautiful view
- Virtual Stages
When you show a property without any piece of furniture, it not might seem likable. But, when you exhibit the same house with a set of virtual furniture, it would look attractive and appealing.
Hence, virtual staging of furniture within the apartments has been proven beneficial to the clients. It helps them imagine their future homes. VR tools allow you to create amazing 3D Real estate tours and get your properties staged so that your clients could easily check them out.
- Visualization of the Architecture
Marketing a property that is yet to be constructed is a real challenge for the Real estate agents to face from time to time. For instance, when the properties have to sell off before construction, you see large 3D models describing the property. VR solutions are working like wonders here.
VR visualization has become widely popular, a lot cheaper, and immersive. Real estate agents could make use of VR tools to show interior and exterior of the properties that are yet to be built. In this way, clients could have a better look at what’s being offered.
Virtual Reality has been a great aid in transforming various industrial sectors with its innovations. Real estate is not an exception. Real estate agents are likely to adopt it in the future more rigorously for the numerous advantages and convenience it offers.
And even the simplest forms like virtual home tours are accessible to any realtor.
SMACAR offers scalable Virtual Reality Solutions
We at Smacar Solutions provide exclusive Virtual Reality services as per your desire and business demands.
If you want to implement VR in your businesses, feel free to contact us – info@smacarsolutions.com
