Realty Biz, a renowned real estate research firm, has predicted that millennials are expected to form over 20 million new households by 2025. The real estate sector is thriving and contributing to the national GDP through a huge investment worldwide. As a realtor, you need to offer a feature-rich real estate app to your existing and prospective customers to take a slice of the pie.
Many articles are written about the benefits of real estate apps for the realtors and people associated with this sector including buyers, sellers, and real estate agents. In this article, we are going to discuss the ways through which the real estate apps transform the sector by bringing automation and enhancing convenience for the users.
The US real estate market is expected to reach over 70000 million USD by 2020.
Before moving to these important aspects that have changed the face of the real estate sector, let’s have a glimpse of a few factors that can make a real estate app successful in terms of popularity and a higher number of downloads.
Major Factors to Consider for Making Real Estate App Successful
Appearance and performance are two major aspects to keep in mind to make a real estate app successful. Talking about the appearance, an elegant UI and interactive admin interface are necessary to manage various processes and attract more people toward your app. UI gives the real estate app a crucial first impression. A 3D view of properties, graphical presentation of various features, and other enhancements can make the interface appealing and interesting. For the real estate app, the user interface should be customer-friendly and the admin interface should remain the management-friendly.
Secondly, the performance of the app matters once the users register themselves. Apart from providing an easy sign-up process, the mobile app development company can make a property posting easy for the users. Buyers and sellers can easily post or update their property details in your app. Filters can make the search experience more precise and powerful.
How Real Estate Apps Transform the Sector?
Customized real estate app solutions can increase the customer’s engagement rates significantly. On one hand, the app connects buyers and sellers directly, and on the other hand, realtors can give a clear view of their property with 24/7 online support.
However, the biggest objective of the real estate mobile app development is to transform the processes of this sector. Here are five ways through which this objective is served-
1. Quick Search of Property
Again, millennials come into the picture. This generation believes in the ‘Right Now’ approach, and therefore, they want a fast and reliable way to find the property on rent or to buy. The real estate mobile app can make the entire search process easy, quick, and convenient for the users. Realtors can stay connected with their prospective customers and vice versa. Also, the real estate app enables the real estate agents and realtors to send push notifications related to new properties and residential schemes.
It can further increase the engagement level and improve the customer experience.
2. Ease of Processes
Buying and selling property is the backbone of the real estate sector. How about bringing automation into these processes? The real estate app can do it with ease while eliminating the need for middlemen. Many people face difficulty in finding the right property and contact brokers. It takes a long time and prospective customers have to pay a hefty commission to brokers.
There, the real estate app comes to their rescue. The app users can get real-time support and go through FAQs to get guidance and find the right property easily. What’s more, people can save the cost of commission and communicate directly with the sellers through an app.
3. Promote Your Business
Which are the most powerful ways to promote the real estate business? Well, you may not find any such ways. The real estate app can do it for you, and that too, in a cost-effective way. A feature-rich real estate app is your representative in the mobile platform, and it acts as a great marketing tool that does not require additional investment in marketing. You can offer special deals and great discounts through your app itself and address your customers individually.Â
4. Increase in Sales
The real estate app enables you to give complete information about the property. Also, the app fetches the user’s data regarding their interests and searching patterns. You can get an idea of the buyer’s mood through such data. You can establish a speedy and informative communication with prospective buyers through an app and enhances their confidence in your business model. The real estate app enables you to strike the deal speedily, and eventually, it leads to increase sales.
5. Build Your Brand
Let’s take an example, You opt for a real estate Android app development to grow your business. Now, through this app, you can address a huge audience consists of Android phone users worldwide. Interested persons from any part of the world can download your app to get the details of property in your region. It can help you build the brand. You can make your presence felt in the mobile domain and people start recognizing your company. In a way, you can build a reputation and get a loyal customer base.
Summing up, the real estate mobile app can make the search easy, simplify the process, increase sales, promote your business, and help you build a brand.
The development cost of a real estate app is a bit high especially if you want to integrate specific features in the app. If you are a realtor based in the US or the UK, it is better to outsource real estate app development to save costs.
Wrapping Up
A seamlessly-performing real estate app can keep you ahead of the game. While transforming processes, the app can make your business more customer-friendly and you can attract more people toward your real estate enterprise. It is fair to mention that investment in developing a customized real estate app can give you a high ROI over the period and you can enhance customer services. Time is just right to come out of traditional real estate practices. The real estate app helps you bring both digitization and automation into your business.
