The Coronavirus has had a hugely negative of most businesses that require human interaction – r where consumers (both buyers and sellers) come into proximity with each other. Business sectors such as the travel and leisure sector, food and beverage industry and many others are seeing record numbers of business closures. However, the Real Estate industry, although also negatively impacted has managed to weather the Covid-19 storm, especially at the high end of the market and where business property is concerned. One of the reasons for this is that even prior to the spread of the virus many realtors were embracing technology to reach buyers more effectively. It was the increasing sophistication of 3D Virtual Tours that has insulated the industry sector from what, only a few years ago would have been a disaster for both buyers, sellers – and those who bring them together.
What are the attractions of 3D Virtual Tours for the stakeholders in the property sector?
It bears repeating that 3D walkthroughs of property are today more vital than ever before since the technology allows the prospective buyer to view the home in detail without physically interacting with others – be they the realtor, or other consumers who may be viewing the home at the same time as the interested potential buyer. Given not only the restrictions on gathering and the need for social distancing, but there is also a marked reluctance on the part of many buyers to engage in situations where significant numbers of people are gathered. 3D Virtual tours avoid these situations.
3D virtual walkthroughs have another advantage over the traditional approach. Using the latest technology, a prospective buyer can explore various options as far as furnishing and fixtures are concerned. The virtual rendering of the property allows those buyers to gauge exactly whether or not the property would suit their unique states and preferences. Without having to use their imagination.
The potential buyer is also given the freedom to navigate through the property at their own pace – and get a feel for the space.
As far as the realtor is concerned the ability to show the property to an essentially unlimited number of potential buyers at the same time is a definite plus. there are also significant time and cost savings that can be enjoyed by real estate companies using the technology. There is no more time-consuming driving to and from various properties (and the cost of fuel is decreased) and the realtor is also able to avoid wasting time showing the property to those who are only ‘browsing’ and hot prospects are easier to identify. Virtual tours also drive prospects to the real estate company website – and this can allow the client to easily access other properties that are in the portfolio. In fact, recent reports from realtors have indicated that those real estate companies that host virtual tours get around 40% more clicks on their site than those that use only static images. those clicks translate into more sales.
It seems that virtual tours are here to stay. The technology found in https://3dwalkabout.com.au/ offers buyers, sellers, and the realtor significant benefits, including a reduction in the time it takes to sell the property. Given these facts, it is almost certain that the advances in this technology will see it used more and more often – and that sellers may insist that real estate companies offer these types of experiences.