Have you ever looked for accommodation? The process is very tiring, frustrating and disappointing until you hire a real estate agent. The agent helps you to discover your requirements in clarity and reach out to suitable property owners. The real estate app has the same functionality.
Real estate app development has helped the industry to a great extent. These apps are expected to replace brokers and other agents. With the digital revolution and advancements in technology, it is certain that if you are in the real estate industry, a digital solution should be your first choice.
It is not news that people prefer online convenience over traditional methods while looking for a home. Digital Age Report demonstrated that 44% of home buyers look for online methods to look for a home. Furthermore, a study conducted by the National Association of Realtors found that 73% of home seekers use digital platforms.
In this blog, we will learn why you should get a real estate app developed, which type will be suitable for your business, excellent features, and what it takes to develop a real estate app.
There are many apps in the market for real estate and there are several reasons why you should get your real estate app developed for your business. Some of the statics that can prove to be motivational for you are as follows:
The driving forces behind a real estate app development for your business are discussed below:
The real estate market in larger cities has been booming, but small cities and suburbs have been seeing strong demand for new homes over the past decade. For example, the real estate market in many cities has risen and is expected to do well in the coming years.
This year’s growth has benefited both the commercial and residential sectors. Office spaces have been swiftly selling out due to increased demand in the business sector, such as IT and other white-collar industries. People are also travelling to larger cities in search of better career prospects.
These individuals are constantly on the hunt for better housing options at a fair price, and real estate mobile applications are always there to assist them.
People in most countries are gradually adopting the notion of co-living, which is more cost-effective than renting a full home or apartment to themselves. This has helped people save money, and the properties have benefited greatly as well.
The advancements in technology are with the addition of IoT, artificial intelligence or machine learning in your real estate app. This will help the builders make sure that they are delivering their best by making a smart house.
The houses that are built with smart technologies are a huge medium for attracting more customers. The dynamic improvements in the quality of construction have also helped the clients in getting timely possession of the house they booked in advance.
There is a lot of interest growing for luxury housing in the marketplace. This is due to the smart technologies used in the real estate app development as it introduces a raised living experience in the society.
There are several types of real estate apps in the market like house hunting, apps for agents, property management, etc. Before starting with the development and planning future steps, you must be clear about which type of app suits your business. Some apps are discussed below –
House hunting or a rental app is a type of real estate app for listings that allows users to search for real estate items to rent or purchase depending on location, address, state or city, neighbourhood, budget, or other factors.
Agents may use real estate app development for a variety of objectives, to communicate with the clients and other agents, as well as property and document management. A real estate agent app can help the agents save time and money by reducing the amount of paperwork they have to do.
A property management app will help the agents in managing the properties as they have a lot of it to manage. Nowadays, having the ability to monitor the status of an object and gain insight into property listings at any time is essential.
Investment software for real estate is made for those who want to buy real estate as an investment. They assist investors or agents in keeping track of properties for sale and selecting things based on certain criteria. As a result, the best solution for this type of problem should be very customizable.
Homeowners and agents can approach the process of selling a house uncommonly or uniquely with marketing ideas. It popularises such apps and generates a market for them. Apptunix, an experienced real estate app development company, is glad to assist you if you want to design a unique solution but need some assistance.
The features and functionalities for your real estate app to stand out in the market and to gain customer attraction. Some of the features are discussed below:
There are many new and advanced technologies emerging. These technologies can be used in your real estate app development. Your mobile app can include:
Even though app monetization isn’t a top concern in the real estate industry, you may always think of methods to kill two birds with one stone by considering the following monetization strategies for your real estate app:
Do you want to know how much it costs to create a real estate app? The cost of developing a real estate app, like any other app, is determined by the features included in the app, its complexity, and the time spent developing the app.
These are just the approximations as the cost differs from one development company to another. The cost of the development of a real estate mobile app can range from $20000 to $30000. If you are willing to integrate advanced technologies, features, etc. then the cost may go around $50000 to $20000.
Real estate isn’t new to the internet; it’s been there for a long time. It has eliminated the need for a middleman to take you to each home by making it easy for individuals to seek houses and apartments in different cities.
With the growth of technologies and smartphones, the real estate industry should also move to a digital business to cope up with the advancements. Reach out to the best mobile app development company to get a headstart on your mobile app.
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