It isn’t the first time we raise the topic of Virtual Reality tours for real estate and the best way to do it. But as with all other spheres, VR for real estate has its assets and drawbacks. If you want to know more about the two sides of the same coin of the virtual world, stay with us.
As much as we would like it to be true – there is nothing perfect in this world. There will always be something influencing your decision of whether to use a certain service in your business. And at the same time there will always be factors affecting your choice in favour of VR. Let’s start with something that can be considered as disadvantages of VR in real estate industry.
Preparing for such an important purchase you would want to find the fullest information possible about the building, the layout of the apartment and, if we talk about real estate on the primary market (new developments) – the view from the window.
Relative costliness
After all, virtual reality is a very resource-intensive service. Certainly, one can argue about the price difference of VR real estate tour and income it may bring, but initially it is really a very substantial item of expenditure for a customer. Without going into detail, high cost is determined by engaging well-paid professionals from different spheres, using costly technical devices both in the pipeline and in use. Therefore, if eventually you want to obtain a high-quality product that would meet your expectations, fulfil its function and bring income – first off, you need to allocate a separate budget for VR tours.
Need for special equipment
In order to watch a VR property tour one needs special glasses and sometimes even management console. This may create difficulties in terms of mobile service. However, now there is a variety of devices of this kind of technology, so choosing the one that suits your requirements and budget shouldn’t be a problem.
Poor usability for small projects
If VR for a large project like an apartment in a skyscraper, residential complex, villa or virtual reality for commercial real estate is a cost-effective solution, for a small individual project it actually might not be commercially beneficial. Nevertheless, even in this case one must take into account other factors as it is quite possible that this could be the best promotional solution for you. Considering the pros and cons of Virtual Reality for real estate, let us move on to its positive points:
