Real estate agents - are you ready for VR?

At the latest Apple event, the launch of ‘Animojis’ is more than just a new fun way to communicate, it is yet another definitive sign that brands (and real estate agents) should get serious about augmented and virtual reality.


“Augmented reality mobile content will go beyond gaming, as we have seen before and offers new ways to visualize content and personalise mobile experiences, expanding to industries such as retail, sports, and entertainment,” predicted Roman Taranov, CEO of RGK Mobile. “Advertising will follow suit, taking on new formats and offering an immersive user experience.”

Such a scenario is getting easier and easier to imagine. The International Data Corporation predicted in February that total spending on AR and virtual reality will reach nearly $14 billion by the end of 2017.

“The possibilities are endless and range from Minority Report-style programmatic outdoor advertising to superimposing sporting events and concerts on top of consumers’ living rooms,” added Sean Cullen, EVP, product, and technology at Fluent.

How can real estate agents take advantage

A recent survey by U.S based brokerage Redfin showed that one in three home buyers are making offers sight-unseen.

With the advancement of technology and the competitive nature of the real estate industry (and market), it is becoming clear that home buyers are starting to make use of alternatives to not only find their ideal home but also buy their new home, and the real estate agents that adapt are the ones that will thrive.

The smart real estate agent will make use of the extensive technology available to them to help buyers make an offer on a property they haven’t physically visited before.

Virtual tours, which Entegral supports with free 360 virtual tours for real estate agents, and 3D home tours from companies like Matterport will play a vital role in listings of the future. The availability of suburb data, property information, and high-quality photos will further assist the potential buyer to make an offer.

Furthermore, agents can implement a few of these tips to help increase exposure for their listings:



Popular posts from this blog

Easily link Base with external CRM systems

Image
What is the Base Zapier integration? The Entegral Base system was recently improved with a native Zapier app integration . This allows estate agents to exchange data and create automated workflows with over 2000+ popular apps, including all the leading CRM specific apps.  Why even link a CRM system? Although Base has contact management, contact categories, automatic lead import, and other great CRM features , users sometimes require very specific CRM functions that we don't (yet) cater to. With our Zapier integration , we allow agents to link any popular app with Base. Once linked with your app, you can for instance automatically synchronise your contacts from Base to the external app or vice versa.  The added benefit is that you can create automated workflows and link more apps (e.g. insert contact details into a Mailchimp drip email campaign  and ZOHO CRM at the same time). This makes the Zapier fee irreverent compared to the derived benefits.  Automated portal lead import from
Read more

Property24 acquires Private Property, what do estate agents think?

Image
Property24.com, South Africa’s largest property portal owned by Naspers, has bought rival Private Property . The deal is likely to come under the close scrutiny of competition authorities as it involves the two biggest property portals in the country. Due to the impact of such an acquisition on the industry, Entegral was interested to find out what the perceived advantages and disadvantages of such a deal would be, both through the eyes of the consumer and the estate agent.   Here are the results from around 250 responses received on a survey done over a 2 day period , mostly from agents and agency owners. While the survey presents a small portion of the market (a ccording to the EAAB's latest annual report there are 19,424 registered agents and agency owners, excluding intern estate agents, in South Africa) , f eedback has been received from well-respected agency owners and agents, and we believe this gives a good indication of the current view of agents. The fear from estate
Read more

US trends show more buyers come from internet, less from print

Image
Where home buyers found the home they purchased- 2001 vs. 2008   Have a look at the very interesting figures published for USA home buyers on: http://rismedia.com/2009-03-29/buyers-becoming-more-successful-finding-homes-through-internet/   The NAR statistics show that 7 years on from 2001, 32% of home buyers found their home through the internet. What’s even more interesting is that print newspaper hardly makes an impact, a mere 3% of buyers found their home through print.  
Read more