As every sector accepts digital interferences, real estate also touches new success heights through embracing innovations. Initially, this innovation was restricted to some tools, but now, real estate apps are revolutionizing the whole sector. It allows sellers and buyers to interact from the comfort of their homes. It reduces the need for paperwork and offers modern methods to authenticate individuals and properties. Further, the integration of new-gen technologies, including VR and AI, offers a glamorous experience to each app user.
These apps are highly responsive and offer an amazing user experience due to their high loading speed, less latency, and transparency. If you are a realtor, it will be so beneficial for you to know how to develop a real estate app. It is because it can enhance your business over boundaries, but what about its development cost? This guide is specifically dedicated to you, where you will be informed about all common FAQs regarding real estate app development.
Let’s start.
What Is The Market For Real Estate Apps?
As the internet makes things easier and more innovative, realtors are also accepting this change in the form of these apps. It is because these apps reduce their expenditures over tours while also being helpful in the productive use of time. Researchers claimed that the real estate app industry is gradually rising and is expected to grow at a compound annual growth rate (CAGR) of 10.4% between 2024 and 2028. This is also expected to be a billion-dollar industry over the next half-decade. While sharing these stats, the researchers share a solid reason, which is that the realtors are accepting these apps and moving from traditional methods to these apps for selling and buying properties.
These stats and solid reasoning show that you must get into the game of innovation and grow your real estate business to collect your part. If you are satisfied, choose us because we are the best real estate developer in India due to our next-gen development approach. If still not, let’s understand why you should get a real estate app.
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Why Develop A Real Estate App?
Real estate apps have incredible features for all realtors, including property sellers, buyers, and developers. Let’s analyze them one by one.
For Buyers
Direct Communication
These apps allow buyers or customers to get the direct answer to their questions. It always satisfies them and enhances their chances of buying a property as they become loyal when they understand your point of view. This direct communication makes things crystal-clear, which lets us collect more sales.
Easy Search
Search filters make it easy for specific customers to see what they exactly need. These filters allow them to filter results as per their specific needs, including region, budget, etc. For example, if they need a property in any town in Mumbai, they can simply enter its name in the filter, and the available properties in this specific region will come on the screen. They can do the same for rooms and budgets to get exact results that save their time.
Virtual Tours
This is an excellent add-on that really works and satisfies customers. They can take virtual tours of the property they want to attain. Through high-quality videos and images, these apps prevent them from spending a lot of time and money on transport to come and visit the property. They can simply complete their visit from the comfort of their home.
Paperless Transactions
The add-on of reputed gateways allows buyers to send money directly from their accounts. Just imagine how cool and secure it is for them. They are free of fear and can approach you. Even, they can simply pay from their comfort zone. This add-on is seriously amazing, which reduces the use of paper money.
Finance Tools
The integration of expenditure calculators in these apps allows customers to count and manage their spending. This gives them an extra edge of reliability to choose you as their real estate seller. This add-on enhances trust, which is the most necessary element in the real estate business.
For Sellers/Dealers
Maximum Reach
With traditional methods, sellers can just approach some specific count of buyers, but listing their properties on such apps lets them maximize their approach through organic visits.
Decision Making
When users reveal their interests through searching for some specific kind of property, sellers can offer them specific properties to close deals faster. This is where sellers make the decision-making process easier for buyers, which directly lets them finalize more deals.
Brand Awareness
While brand awareness through traditional methods is not quite beneficial for achieving success in such a competitive field, with the help of real estate apps, you can launch brand awareness campaigns. While positive reviews from your recent buyers will also let new customers trust your brand.
Performance Tracking
The sellers are able to track their performance, through which they can schedule their timelines to enhance the potential of their property-selling business. They can get deep insights regarding the visitor’s upcoming engagement rates and finalized deals.
Faster & Secure Transactions
This is an amazing option that almost ends the stress of getting robbed just after receiving the payment. The sellers can integrate their secure gateways to get amounts directly into his/her account.
For Builders & Real Estate Developers
Lead Generation
Developers can show their projects in the form of visual tours and high-resolution images. This is an effective way to convert a common discussion into a successful deal.
Deep Analysis Market Insights
Through analyzing the behaviour of real estate buyers, the developers can understand their needs and interests, which lets them update themselves to offer customers exactly what they want. This also encourages developers to fulfill market demands that indirectly bring more deals.
Streamlined Bookings
After winning a customer’s trust, it is easy for developers to close deals through a streamlined process that starts from a secure gateway and ends with keeping things transparent to customers.
Popular Real Estate Apps
Whether you require real estate app development services, you must analyze the top-tier real estate apps to understand their offerings. You can order to create a clone real estate app of any popular app like Zillow or order a custom app to get a personalized real estate platform. Here, the thing to consider is just that you must choose the best real estate developer in India as VigorousIT, but first let’s take a look at some popular apps.
Zillow
It’s a top-tier real estate app that offers a variety of services regarding real estate apps. You can sell, buy, or rent any property through this app, which makes it a perfect choice for all realtors, including sellers, buyers, and developers. One of the amazing offerings is showing AI-based personalized listings on your screen.
Realtor.com
This app is incredible and unmatched when it comes to offering real-time market updates, including updates about the arrival of a new property or any other market update. Its typical purpose is to offer realtors deep insights into the real estate market that guide them to the right future.
MagicBricks
This app basically resonates with the entire Indian audience by offering multilingual support. This way, it allows realtors all over India to collaborate on one platform to bring effective outcomes. Further, it offers virtual property tours and budget-friendly options to fulfill the requirements of each individual.
Steps To Develop A Real Estate App
Hopefully, you understand why real estate apps are mandatory for realtors. It’s time to turn to a detailed guide on how to develop real estate app for your real estate business.
Market Research/Consult
If you have deep observation skills, do a market analysis to understand the real-time market requirements. Keep a keen eye on and understand what upcoming changes are possible in the market. If not, don’t panic. Here is the solution.
Consult experienced real estate consultants for free and ask them to help you. They know about the market’s real-time trends and are also capable of predicting the future happenings of the field. Here, you can start your first step towards your real estate app.
Define Features
On the basis of your research or our consultant’s guidelines, finalize a list of customer’s requirements. These requirements will be considered features of the app that the real estate developers will have to add to your app. This list also ensures the functionality of your app and tells you what you are going to offer to attract realtors to your app. So, be mindful when finalizing it or take an expert’s guidance.
Tech Stack
It’s time to again consult with your chosen service provider’s consultants and ask them for a suitable tech stack to develop your property application. It’s not recommended to finalize it just through watching some tutorials on YouTube. Always stick with professionals here.
UI/UX
If you have a strong budget and want to target a broader audience, go with a unique UI/UX that must resonate with your business. This must be comfortable for the audience; even a less educated person can easily navigate content.
Quality Assurance
After completion of development phases and integrations, every reputed company sends their built apps under a robust quality assurance process to ensure their quality. If the company does it on their own, ask for a quality assurance checkup report, but if they have not completed it yet, strictly ask to do a quality test. It is because it is their responsibility to offer a seamless, working, bug-free app to you.
Launch And Marketing
After completion of all processes, just launch your app and do marketing to bring faster results.
Key Features Real Estate App Needs To Have
On the basis of modern real estate market needs, there is a list of some key features that a real estate app must contain.
Authentication Process
Security is the most common and rapidly spreading error of today’s digital landscape, which makes it necessary for you to add a user authentication process. This way, you can protect user data as well as bring a new layer of security to your business.
Add Filters And Categories
This feature is crucially mandatory because it saves time for customers and also offers them direct listings they want to see. Through using filters like region, budget, rooms, and so on, they can be able to personalize their results.
Mortgage Calculator
An inbuilt mortgage calculator offers the audience some ease while also letting them engage with your app. This strategy works effectively and is mostly beneficial for winning their trust, which surely brings sales.
Virtual Tours
Visual tours allow the audience to engage and resonate with your offerings perfectly. This way, they have a deep analysis of a site or property that mostly ends with successful conversions.
Cost To Develop A Real Estate App
All set; it’s time to take a look at real estate app development costs. There is a list of factors that affect the cost of real estate app development, but a typical amount that you will need to pay to get a real estate app is between $10,000 and $15,000. For further assistance, try our real estate development consultation services.
Your app cost can be affected by the following factors.
- Complexity of the app
- The skill level of the developers
- Technologies used
- Targeted platform
Why Choose Vigorous IT to Develop a Real Estate App?
We are serving the real estate industry with our developed apps from years that develop our expertise in this specific development sector, while positive reviews from multiple companies and preferences from brands prove us the best real estate developers in India. Let’s know some other reasons to choose us.
Innovative Approach
We always bring innovative solutions to develop real estate apps that meet real-time innovative needs. This makes these apps highly functional while enhancing their chances to survive in upcoming trends.
Modern Integrations
To enhance the functionality of our developed apps, we integrate modern third-party tools. These integrations offer extra efficiency while being helpful in making your application future-proof.
End-To-End Services
We do not give up at any cost and offer services from consultation to the launch of your app. Further, we do this in a scheduled period to launch the app in the market at an accurate time.
Affordable Pricing
We understand our customers as our company members; that’s why we care for their pockets as well as their business. This encourages us to offer affordable plans without compromising on the app’s functionalities.
Final Thoughts
To develop an application, you must have a clear mindset because it is not a common investment. We always encourage our customers to first go in an in-depth consultation session to reduce flaws in their plans and make a business plan on the basis of real-time insight and trends. This reveals our honest approach and also a cause that we are the best real estate app development services provider in India. So, don’t miss a chance and approach us to get exceptional end-to-end services.
FAQs
Do real estate apps offer virtual tours of properties?
Yes, it’s a modern need that your developed real estate app must offer visual tours of properties. This is because it saves time for customers, that satisfies them and increases the chances of successful conversions.
How do real estate apps make money?
There are several ways, including subscription plans, advertisements, premium listings, and referral commissions, to earn money for real estate apps.
What is the biggest real estate app?
Different apps are best in their own way, but at the time, Zillow is on the list in terms of downloads with almost 5 million downloads, while it also has a rating of over 4.8 on the Play Store.
Why Develop a Real Estate App?
Real estate apps are effective in numerous ways for realtors because they offer them enhanced reach and revenue opportunities.