Real Estate Benefits from Mobile Applications
Technology is reshaping the real estate market. Like many other industries, the real estate sector shows excellent potential for mobile app development. With the right mobile application, both customers and realtors can benefit from advanced technology.
Digitalization and customized mobile app development have made the home renting and buying process smoother and more efficient for buyers and sellers. With the rise in housing prices, the real estate industry continues to provide lucrative opportunities for those within the industry.
Having a mobile application for real estate professionals is a sure way to create awareness about the housing market and increase revenue.
Real Estate Apps: Why You Need One
Real Estate Mobile Apps: What You Can Do
Buying a home is one of the most important purchases one could ever make in their life. With the multitude of mobile apps available out there, the apps must provide answers to the client’s concerns. One hindrance to the process of deciding on what to buy is to go and see the property options. Mobile apps can allow the client to see many properties, with updated information, from the comfort of their own home.
Some of the Advantages for the Customer Using Mobile Apps Are:
- Friendly User Interface designs
- Access to updated information from anywhere
- Longer market reach
- Enhanced viewing experience
- Customizable Client Experience
73% of users search options from mobile apps. It is easy, straightforward, and feature-enriched. Allowing customers to have many options, transparency of property data, and surrounding amenities enables the client to make informed decisions on the go.
Market Data and Customer Demographics
Amazing statistics from the National Association of Realtors said that 76% of all buyers found their purchase on mobile devices. 17% of all clients found their real estate agent the same way. Professionals must accommodate the new generation of buyers.
Typical Demands From New Buyers:
- High-Resolution Photos – So they can see their potential investment clearly.
- A list of nearby facilities could include medical centers, public transportation, schools, and shopping districts.
- Virtual Tours – This allows homebuyers to feel like they are physically visiting the property from anywhere.
- Detailed listing information – accenting key highlights of the area and providing critical details about the property so that the client makes an educated decision.
Updated housing market data can be cross-referenced to the buyer’s needs to find the perfect win-win scenario for the real estate agent and the buyer.
Bring Marketing Efforts to the Next Level
Information about the target market of the real estate professional is essential to have any successful marketing endeavor. Having access to behavioral data and demographic intel help realtors to engage with their audience more effectively. Realtors who use AI and analytical tools will allow the real estate agent to see the most relevant and frequently searched criteria. This ensures that the agent is meeting the preferences of the buyer.
10 Must-Have Real Estate App Features
Push Notifications:
Instant notifications can be sent to potential buyers when a property that matches their renting/purchasing criteria is available. Customers can also set up notifications when prices on their property watch-list change, offering unique promotional opportunities to real estate agents.
Geolocation Specifications:
This feature identifies app users’ current location and showcases properties that match their requirements. Search settings can be filtered to include local schools, low crime areas, grocery stores, hospitals, restaurants, and more.
Interactive Maps
Integrating a map feature into your real estate agents’ app listings can help users identify properties in their area as they drive around or relax at home. This makes property searching more accessible, convenient, and straightforward. Many commercial real estate apps use GPS technology to allow users to click on any properties available in their area and view full details of the building. Users can also schedule viewings and contact real-estate agents using messenger and calendar integrated features.
Camera Integration
Camera features can be added to real estate applications to allow people to photograph rental properties as they pass them. Using the photographs and mobile app technology, they can access floor plans, information on the number of rooms inside, estimated values, and interior pictures.
Immersive Technology
Using VR and 3D visualization, estate agents can offer 360-degree virtual tours of all their properties. This saves money for estate agents as it eliminates the need for them to show properties and have physical showrooms. Homebuyers can now tour a property without visiting the location.
Mortgage Calculator
Mortgage calculation tools can help potential buyers find information on taxes, insurance, and mortgage rates for individual properties. This allows clients to compare offers across the various properties in which they are interested.
E-Signatures
Incorporating electronic signature technology into your real estate application can eliminate extensive paperwork and speed up business processes. This saves time and makes documents and legislation more accessible to both buyers and sellers. Many apps can be designed with drop-box integration, improving accessibility and creating document storage more efficiently.
Integrated Messaging Systems
This essential tool can significantly improve the contact process between clients and estate agents. We can integrate video chats, audio chats, and messenger features into our customized mobile applications. By utilizing this technology, real estate agents create additional flexibility and seamless communications when on the go.
Advanced Search Options
Features such as advanced search filters help clients search for properties based on home types, square footage, number of bedrooms, number of bathrooms, upcoming builds, and hundreds of other parameters. This saves time for both potential buyers and the real estate agents involved in a property search. It also helps increase levels of customer engagement and satisfaction.
Calendar Features
As mentioned earlier, calendar integration helps clients book viewings at a time that suits them the most. This allows estate agents to block out specific times for clients to choose from and receive email notifications and reminders for viewings and bookings.
Bonus Features for Real Estate App
Advanced Security Features:
From retina scanning to fingerprint identification, enhanced security features help to protect sensitive information and avoid data breaches in real estate application technology.
Saving Favorites and Making Lists:
We can add features that allow clients to save their favorite properties inside your real estate application. They can also create bespoke lists tailored to properties they love and want to receive updated information. Combined with push notifications, these lists can become a valuable marketing tool to the sales savvy real estate agent.
These are just some fantastic features that we can build into our customized real estate mobile applications. The whole world is digitalizing, and this has allowed real estate agents to capitalize on broader markets while lowering overall overhead costs.
Real estate is a growing industry where professionals need to adopt these latest technologies. It will benefit the customers, agents, and other stakeholders significantly.
Are you in the construction or real estate business? Click here to speak to our team about creating a mobile application today.