If we consider the most recent trends influencing the market, then these are virtual tours. This immersive technology provides a unique experience of walking through a property without physically visiting it.
Virtual property tours provide a range of benefits for both buyers and sellers. Being a detailed copy of a real-life object, a 3D model makes it possible to assess:
- the potential of the property;
- the functionality of the space;
- the design features and value of the object;
For real estate agents and sellers, VR tours are a great tactic to increase your reach with international clients and out-of-town buyers. In addition, investing in VR technology is also an opportunity to save money and time, since there is no need to physically get to the site.
Virtual home tours allow buyers to narrow their list of properties to only those that best suit their needs, preferences, and lifestyle. This is also valuable for sellers as it increases the chances of a successful transaction.
Adding 3D tours to listings provides more information about the property and is a better way to showcase it, which has a positive impact on the speed and price of the sale.
Besides sales, many property managers and short-term rental organizers are also starting to include virtual tours in their listings.
The advantages of VR technology are clear compared to traditional approaches, suggesting that this technology will be widely applied in the future. Thus, Goldman Sachs expects about 1.4 million realtors to use VR by the end of 2025.
At the same time, 3D tours have the greatest impact on unfinished projects. These digital simulations, showing the interior and exterior of a property before it is even built, are a perfect presentation to attract attention and investment. For example, when creating a virtual reality tour with VisEngine, you can enjoy a walk-through of a property in several modes, switching between exterior and interior, window or drone views, and 360 hotspots. All this gives a realistic idea of the potential of the object.