Buying a home could probably be the biggest purchase a person makes in a lifetime. You can imagine then (or have probably experienced it yourself) that it takes an insane amount of research to find the right property. People spend months, perhaps years, combing through listings, contacting real estate agents, visiting properties, comparing prices, calculating interest rates, and most of all, analyzing the future value of making such a humongous investment. Just like everything else in life, people look to the help of technology when taking this gigantic decision. With a truly useful, well designed and feature rich real estate app, you can tap into this ever growing, highly profitable market that is truly looking for a disruption.<\/p>\n
That\u2019s right. Even though online property finder apps and websites like Zillow and Realtor.com effectively revolutionized real estate<\/a> a decade or two ago, a bigger disruption is now in order, where apps leverage the powers of mobile technology and geo-fencing, augmented reality and virtual reality, to help dwelling-seekers and investors find the right property for them. Mobile real estate apps could help buyers visualize the future of their property in real time, see what it will look like in a few years when the development is complete, assess if this place would be worth the price tag, and do so much more.<\/p>\n So in short, property buyers and sellers with thousands, maybe millions at stake, would be willing to pay handsomely to use an app that will help them make better decisions. If you can provide them the right app<\/a>, you\u2019re sitting on a billion dollar idea here. Today, let\u2019s take a look at how you can develop a killer real estate app that can truly help users and in turn bring in top dollar revenues. We\u2019ll talk about the top features, technologies and creative ideas you can integrate into a mobile app to make it every property buyer\u2019s holy-grail. So let\u2019s dive right in.<\/p>\n To be able to truly make property search effective, you\u2019ll need develop some fine search capabilities. Users want to be able to view, search and sort\/filter properties in a myriad of ways. They can be as broad as \u2018apartments for sale in New York\u2019 to as narrow as \u20182 bedroom condo for rent in Lower East Side Manhattan\u2019.<\/p>\n Now here\u2019s the thing about search \u2013 most property finder apps rely on the listings provided by the sellers themselves. From my own experiences of hunting for a home in the city, I can tell that the folks looking to sell aren\u2019t always super careful about entering details. If you’re interested in real estate app development, it’s crucial to conduct a thorough Georgia review<\/a> to understand the local market and its specific needs. Explore more to gain valuable insights and expertise that can inform your real estate app development strategy and maximize its success. There are homes listed with the area name in place of the address, and the app\u2019s map is thus unable to show the right location of the property. To make your app truly searchable by location<\/a>, encourage your sellers to enter the right address. Develop systems to detect properties with incomplete addresses and make efforts to contact these sellers and find out the right address. Always attempt to get the property location as precise as possible as it is the first thing buyers search for, and the biggest deciding factor.<\/p>\n Talking of search, develop systems that can perform radial search \u2013 allowing users to search all available properties within a certain radius. I was willing to buy a new home, an old dilapidated property, an apartment or just about anything that fell in a 5-mile radius of my workplace. Develop a super-intuitive map search that shows properties by their location on the map, moving along as the user navigates the map. In addition to conventional filters like size, age and condition of the property, include more intuitive filters like properties with a backyard, green-facing properties, close to a lake or close to a mall or any other creative filters you could think of. The idea is to let users search for all the things they want in a property.<\/p>\n After searching comes viewing. Now that users can search for hundreds of homes on a given area, they need to be able to see each one inside and out, in order to further narrow down their preferences. A great real estate app must help users make as close an assessment as they can by viewing the property in-app, before they actually go down to visit in person. Once again, reach out to the sellers listing their property and nudge them to click several high quality photographs of the property from various angles, helping buyers get an honest perspective of whether this is the property they\u2019re looking for. For premium properties, consider taking the pictures yourself.<\/p>\n Include features like 3D view to get a realistic look of the property as well as the surroundings. In addition to that, use features like augmented reality to show how an old home could look after renovations and use virtual reality to show how a new development would look after the roads, landscaping and surrounding homes are all built. The current state of the property may be all bricks and concrete \u2013 not very inviting to look at, but AR and VR could show the buyers the true possibilities of a new development, helping them make a more informed choice, and feel better about it.<\/p>\n While searching, finding, viewing and assessing are absolute necessities, a good real estate app can take things a step further and help buyers deal with the next biggest problem in buying a property \u2013 financing. Understanding mortgages, down payments, interest rates and estimated monthly installments isn\u2019t exactly easy, and frazzled real estate buyers need all the help they can get.<\/p>\n A good real estate can make it easy to break down payment plans based on the price of the property. The app can give out updated information about interest rates from leading banks, types of loans or mortgages that can be availed on that property, how the buyer can break up the charges and a whole lot of other financial information.<\/p>\n The app can build in additional features like buyer chat or send seller a text to show interest in a certain property. Buyers feel hesitant to call sellers at odd times, but they also tend to forget to call them later. When they do remember, they might not have the number handy. Enable your app to facilitate easier interactions so that buyers can subtly leave a message for the seller and the two can either chat, or get on the phone at a time convenient for everyone.<\/p>\n Allow users and sellers to register and login so that they can save their search history, shortlisted properties, favorites etc. and keep their house hunt organized.<\/p>\n Depending on the features you wish to include and exclude, your cost will vary across the board. A basic real estate with quality search and filter capabilities will cost you anywhere close to $20,000. As you add more features like loan calculator and 3D, VR and AR, the costs will go up, anywhere in the range of $30,000 to $50,000.<\/p>\n That price tag might seem a tad steep, but if you think about it, Zillow is a free to list site for buyers and sellers. Yet, it saw a massive 51% rise in year-over-year revenue<\/a> from Q1 2018 to Q1 2019, grossing a total of over $454 million in the first quarter of 2019. And that\u2019s just from advertising. So if you build an app that truly hits it off with real estate buyers and sellers, you are looking at a really rewarding ROI right here. So go ahead and drop us a line to discuss your real estate app further and let\u2019s turn your vision into a reality.<\/p>\n Are you a real estate business looking for an innovative solution to increase engagement, visibility and revenue?\u00a0Get in touch<\/a> with us and our expert developers will help create an app that is perfect for your business.<\/p>\n<\/div>\n Buying a home could probably be the biggest purchase a person makes in a lifetime. You can imagine then (or have probably experienced it yourself) that it takes an insane amount of research to find the right property. People spend months, perhaps years, combing through listings, contacting real estate agents, visiting properties, comparing prices, calculating … Continue reading Real Estate App Development : Features that\u2019ll Make Your App A Hit With House Hunters<\/span> 1. Real Estate App Needs Fantastic Search Capabilities<\/h2>\n
2. Great Viewing Features<\/h2>\n
3. Help Understand Financing<\/h2>\n
4. Facilitate Easy Interactions<\/h2>\n
5. User Account and Profile<\/h2>\n
The Cost of Building Such an App<\/h2>\n
Wrapping Up<\/h2>\n
Building a real estate app? Talk to our experts<\/span><\/h4>\n