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John Legend

"Benefits of Using VR for Real Estate Industry"

Virtual reality is the most happening innovation that the last decade has experienced. None of the industries have remained out of its influence. Real estate is one o the industries that has been deeply impacted by the applications of VR. Here are some of the benefits that real estate companies have managed to gain through implementation of VR technology

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Time Saving

The first benefit that comes to mind when thinking of using VR in real estate is that it makes the entire process less time consuming. Unlike earlier, the client no longer needs to visit the sites physically. Instead, a VR headset can lend the client a complete view of the property. It also makes dealings easier for the realtors by enabling them to handle several clients at the same time. The technology is quite flexible and anyone can enjoy the VR shows sitting right at the comfort of home

To add to these benefits come the next advantage that seems to be the best in the lot. Homebuyers no longer need to wait for the right time to visit the property as with VR, the properties remain virtually open across the days and nights. If a transaction of a virtual tour interests you, intermediation of realtors would also not be required when VR assistance is there for you

Global Reach

Earlier when assisting and guiding the clients was mandatory for the realtors, dealing with wider set of clients was not feasible. But, with VR headsets to take the responsibility of arranging the real-time visits for the clients, realtors can now opt for a larger set of clients that helps in global expansion of the business

Virtual reality can change this. Since most properties can be shown through virtual tours, realtors can work more productively. Also, it doesn’t matter where your clients live. VR helps you showcase properties even to long-distance buyers. Of course, this means you can work with more clients and process more inquiries

Money saving

Developing feature-rich 3D virtual tours may seem expensive, but think of the investment in traditional real estate marketing. Not only do you need to stage properties, you also need to provide high-quality pictures and lots of print materials (particularly for new properties)

Virtual reality helps you save a lot of money by using the power of 360-degree videos and computer graphics. Today, making a guided video tour around a property requires just a panoramic camera and basic rendering

Sense of Ownership

Nudging clients toward making a purchase or signing a rental agreement is the most challenging task for most real estate agents. And that’s when VR home tours come in handy: they allow clients to virtually visit properties when they want and for as long as they want. This establishes a sense of personal connection and ownership

You can enhance the customer experience by providing virtual tours with lots of interactive add-ons such as mortgage calculators, information about similar properties, and descriptions of neighborhoods. This will help your clients get all the information they need about properties before contacting you and asking to arrange real visits of houses or apartments they like most

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