The development of 3D walking tour technology changed the game.
Imagine being able to walk with your client through a house plan, but not having to be there physically. Imagine if you could show your client the best parts of a house or property you are selling, right from the comfort of their couch, without you even being there.
That is the beauty of 3D virtual reality
Matter of fact, virtual reality is projected to hit the real estate market harder in the near future.
Already, there is an estimated 95% of customers looking for property online and 51% making a purchase from online searches alone.
For this reason, real estate brokers, agents, and developers have been steadily introducing 3D tours in their businesses.
Why? Because it’s the next greatest technology to ever be introduced in the Real Estate industry.
How the Real Estate Industry Has Changed Due to the Virtual Reality Technology?
The real estate industry has openly accepted virtual reality because of the tons of advantages that have come with the launch of 3D walking tour.
Instead of going through all of them, we are going to highlight a few suggestions.
1. It Saves Time for Both the Client and Real Estate Agent
The best thing about 3D walking tour is that the experience you get from them is so immersive, that you and the client feel like you are actually in the home or building. This means that being physically in the place is no longer important.
The biggest plus from this is that your property can be viewed from anywhere around the world, which increases your market size considerably.
Additionally, you never have to wait for your client to land from another corner of the world, just to see the property you have put on sale. All they have to do is log in to your website and take a virtual walk-through from wherever they are.
2. Your Client Can Easily Visualize What the End Product Would Be
One of the biggest problems in real estate sales has been convincing the client of what the end product would be. With 3D walking tour, the client can visualize how his/her home would look like ( even when it’s being built or hasn’t built yet) and if need be, customize it to his/her liking.
And what’s the advantage of this?
Faster sales. Which means quicker turnarounds and bigger profits! Above all, a better customer experience and interaction.
3. Increased Foreign Investments
Imagine sitting down over a meeting in China, discussing and touring a property you intend to buy in New York. With virtual reality, foreigners can conveniently view properties in places far beyond their borders, and reach out to make purchases.
In Forbes’ terms, “This puts the ‘Real’ in Real Estate.”
In as much as we can hype this new technology right now, we should dare ask, “What are its prospects?”
That is what we are going to cover next.
The Future of 3D Virtual Reality Technology
If you are still skeptical about virtual reality in Real Estate, then digest this.
According to a Goldman Sachs report, the virtual reality market in Real Estate is expected to hit at least $80 billion by 2025.
This certifies virtual reality as the current Real Estate gold rush, even among other emerging technologies in the Real Estate and construction industries.
Should you be heading there? Yes, you should!
3D virtual tour is the future of the Real Estate sector. Not only is the technology fun, but also it offers the best experience for your clients that will surely have them coming for more.
So, if you are yet to invest in it, go ahead and do so. But above all, make sure you gather information from the best marketing companies, for the best service.