How Virtual Reality Will Transform Real Estate Selling in 2017

Written by Posted On Monday, 06 April 2020 09:02

 

It becomes more and more obvious every day that technology is advancing far beyond what we could have dreamed, and with the rise of virtual reality technology (VR tech), we are seeing an influx of interest on how to use it. While it’s more well-known for its entertainment purposes, VR tech can be used to a variety of things, including when selling real estate in Montgomery County, MD.

While it may sound far-fetched, many tech-savvy real estate agents are now using virtual reality technology to give potential buyers tours of homes, even when they aren’t physically there. Revenues earned by VR technology is expected to reach 2.6 billion this year, and as the technology reaches the mainstream, we’re bound to see more.

In case you’re looking to hop on this wagon while it’s still new, here are a few ideas on how to get ahead of the game and start building your VR tour list now.

• Make room for customization. With the help of VR tech, you can show a client several different versions of a home, and highlight the potential of even the bleakest fixer-upper. With a few clicks, you can show a client what the house might look like with a new paint job, a redecorated kitchen, or even a few less walls. The immersion can convince almost anyone, especially when you make it feel real enough.

• Allow clients to stage property themselves. Chances are, if you pick furniture or interior decorating styles that appeal to your buyer, they’re more likely to think about buying. However, it’s impossible to gauge your client’s styles before they see the house, and paying a stager can be a difficult, expensive task. With augmented reality, you can allow clients to decorate the home with furniture they like, and allow them to really think about the possibilities.

• Make the plans feel real. Selling a property that isn’t finished yet can be hard, especially when you’re selling to clients who can’t actually be there. With virtual reality, you can show clients what they can expect to see at the property through a virtual lense. They can take a walk around the house, admire the architecture, and even look out the windows! This process helps them make decisions faster, and helps you sell the house with time to spare even from a far.

• Cater to long-distance clients. While it’s already common for people to buy houses and sign deals over long-distance, virtual reality takes that to the next level entirely. With VR-technology, you can get rid of the risk and put your clients at ease by letting them take a virtual tour of the house. With this process, they may be more open to buying without seeing the house physically, or more willing to take a trip down to see it for themselves.

To get started with Virtual Reality in real estate, you just need to know how to begin. 360 degree shots of each room are required, and once you’ve sent them to prospective buyers, they can put their smartphone into the headset and see the home for themselves. This is an excellent tool for real estate agents or anyone with intent on selling a home.

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Theresa Hus

THERESA HUS, CONTENT WRITER AT REALESTATEAGENT.COM

Theresa Hus is a member of the content team at The OFFICIAL Real Estate Agent Directory ® producing countless informative and trendy real estate articles monthly for RealEstateAgent.com and its many outlets.

Real Estate with a twist; that's how one could define Theresa's writing. With 16 years of experience in the industry, Theresa is all about coming up with topics that go beyond the basic real estate agent advice and home buyers/home sellers "how to" articles you see around. Her main goal with her writing is providing not only information that will make readers lives easier when dealing with real estate, but a good time through a fresh, fun and insightful read. While the site is called RealEstateAgent.com, Theresa likes to keep away from generic real estate agent content; her articles are all about thinking outside the box, stepping in the consumer's shoes, and warning readers of things they might've never thought of. Sometimes they're quirky and very specific - like an article questioning if you would live in a haunted house if the price was right - sometimes they just contemplate issues that no one bothers to talk about but are very important to a lot of people, like articles regarding the pros and cons of living near a highway or real estate agents specialized in homes for the disabled.

To do that in a responsible way, Theresa is constantly talking with the many nationwide real estate agents registered on The OFFICIAL Real Estate Agent Directory ®, researching the newest real estate niches, trends, and overall best practices.

Specific areas/topics that Theresa is able and willing to share her expertise and knowledge on include:

·         Real Estate Entertainment News

·         Trending Markets Around the United States

·         Advice Columns for Home Buyers or Home Sellers

·         Articles on How to Add Value to Your Home without Breaking the Bank

 

To contact Theresa, please email [email protected].

www.realestateagent.com/

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