With the trials and tribulations that are going on today and with Social Distancing in place, technology has taken over with more and more people being forced to "stay at home" and states that are slowly reopening. What's happening to real estate?
The "New Norm" has changed people’s perception of the what's happening and has been bringing about an entire new climate for real estate today.
Virtual reality real estate, which can be somewhat characterized as a computer-simulated environment when someone is looking at a home is really taking hold right now. Since it's first introduction, it has helped out real estate agent's immensley during this time.
Virtual Reality has changed the way that many people look at real estate today. After an agent has sent their client all of the properties that may work for them as their new house, with the technology today, they (the client) may be able to see the houses and what works for them in one day without leaving their current place of residence.
To be able to get a one of the best experiences with virtual reality, you need a secure network and maybe even a virtual private network. With an interactive guide of the homes by the agent, the client is able to view the interior and exterior of the property without having to travel there.
In many ways, virtual reality is helping some to reshape the way real estate can be viewed. Below, are some of those ways.
Virtual Reality Property Showings
With the technology today, a client doesn't have to physically visit several properties before picking the one that they want or like the most. When they find the one that they like, then they can go and physically look at it. This saves lots of potential wasted time for the real estate agent and the client too. The client can now visit these homes without having to leave theirs. This is especially true in the current enviroment.
The cost of getting one of these headsets varies, but the real estate agent could get a more expensive one and then have their client use it while in their (agent's) office or lend it out so that the client can use it at their home. The real estate agent can also meet the client at their residence so that they are with them while the 'viewing' is going on so that they can answer any questions that they may have. This can go beyond pictures and video tours and make the client part of the home experience.
Imagine as the real estate agent you're presenting a house in this case, it's vacant) to a client, the house might look great for them, but since it is empty the client might not have the vision to see what could go where or what colors work best. Honestly, most clients have no real vision at all. Virtual reality transforms that vacant, empty house to a well-furnished house and thus helps the buyer to be able to associate more with the property. Architecture visualization
Marketing a property has always been a challenge for many real estate agent. When it comes to interiors of these properties, real estate agents can always use a little extra help.
Thanks to the technology of Virtual Reality, visualization has become a lot more immersive for the client. Real estate agents can use this technology to show the entire property (both inside and out) so that the clients can get an idea on what they might be able to do.
With some of these things in mind, the future does look brighter and maybe a little easier for the agent. If the client doesn't like the color of the current furniture in a property, perhaps through the use of VR, they can change the color and the placement of that furniture.