logo
logo
Sign in

Technology Stack Used in Top Real Estate Applications [2021]

avatar
vidyasagarc
Technology Stack Used in Top Real Estate Applications [2021]

With the advancement of technology, AR and VR have entered the Real estate application development industry. There are many more!

Technology has always been able to change the way business transactions are done. There is no doubt that the industry that will benefit the most from these changes will be the real estate industry.

With new and improved capabilities, here are the days of online listings, e-signature, and virtual tours. People who lived before these changes are aware of the impact technology has had on the real estate industry.

According to a survey conducted by the National Association of Realtors, 51% of people use the Internet to find their homes.

Property lists on real estate websites are the reason why people choose these websites in the first place.

Other than that, the real estate world has a tremendous workload and stress, which is too much for humans. So, having a property management app can be a great help in such cases.

These days, many different apps/websites can help people in their search for rental properties.

With the advancement of technology, AR and VR have entered the real estate application development industry. Therefore, businesses are likely to boom in the future. See the future of real estate applications using AR here.

Some of the latest technologies in property management software
With the advent of technology, new technologies are emerging over time.

Read more about List and search properties for sale and rental absolutely free

These technologies help the real estate industry.

  1. Blockchain in real estate:

Blockchain technology has impacted the real estate industry in a variety of ways, including providing new ways for buyers and sellers to connect with each other.

Blockchain can be used to eliminate intermediaries from the real estate transaction process, thereby reducing costs.

This technology also helps to codify the practice of partial ownership of the real estate.

2. AR and VR in real estate

The main advantages of adopting AR and VR in real estate are:

Cost-effectiveness: AR and VR replace and replace some traditional marketing practices — providing better ROI, while at the same time eliminating the cost of maintaining the property.

Save time: With these technologies, you do not have to manage your schedule and travel to the property to see it; You can do a virtual tour at any hour of the day.

Global Reach: Real estate professionals are no longer limited to local audiences, as users can actually view features from anywhere in the world.

Improved customer experience: Unlike scheduled physical visits, AR & VR provide time to enjoy entertainment, personalization, and the home.

In-depth analysis: These immersive technologies provide realtors with key insights into customer behavior and preferences, enabling them to improve future interactions.

3. Push technology

Another popular real estate tech trend is push technology. The real estate sector has benefited significantly from the combination of real estate mobile apps and push notifications.

They proved that client retention rates for realtors can almost double. Push technology is used to send alerts to users, eventually requiring them to revisit an app that helps lead generation.

Push notifications notify users of any changes or updates to features they may have shown interest in before. This will automate a portion of the follow-up process and improve the overall engagement experience for clients.

Read more about Proven Ways To Create A Result-Oriented Push Notification Campaign

4. Enhancing Mobility

Most people these days have smartphones. More than half of the population now invests in online search to find a rental property. So, these days CRMs need to have a smartphone application.

Such apps further aid in retrieving property data and accessing contacts.

This not only reduces useless time, but it also allows for some easy cooperation. People can maintain and inspect open houses during the day

Afternoon. Property management becomes much easier with the help of CRM.

5. Automation

One of the most popular trends in the real estate world is the trend of automation. The technological trend has spread widely from social media channels to online chat and from emails to property accounting.

Invoice processing is also a part of it. With automation, there is now an easy way to do many things in the real estate world.

  1. 3D showcasing
  2. Photos with audio
  3. Increasing interaction
  4. Maps

To develop a proper asset management application, you need to focus on several areas, including content, application design, software options, coding, content, and UX / UI.

The Cost of developing an application depends on the services provided in the application. Also, the characteristics of the application are a determining factor.

However, it is estimated that the total cost of developing a property management application will be between $ 30k and $ 50k.

Property management is one of the most important technologies used by real estate apps/websites.

Therefore new players need to understand the needs of the real estate world and develop successful applications and software options.

Mobile app development in Bangalore
Mobile app development in Bangalore

Fugenx Technologies were fully committed to delivering high-functioning mobile applications and one of the leading Mobile app development companies in India, UAE, and the USA. Fugenx Plan, Design & Develop Mobile Apps implementing platform functionalities to build high-quality custom apps and also accepts unique challenges to provide solutions to AI Application, ML, Chatbot, Web Applications and Game Applications.

Also Read:

Android or iOS app? Let your budget make the choice!

Since the channel with the most customers today is mobile, businesses should have a strong presence in this sales…

vidyasagarc-us.medium.com

collect
0
avatar
vidyasagarc
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more