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Last Updated: 29 Oct 2021 | 8 min read
The demand for real estate mobile app development services increased profoundly last year. Based on what market researchers have to say, this demand isn’t going to die down anytime soon. You should leverage this chance to enter the real estate market with your own business application.
The demand for mobile platforms for purchasing and selling real estate is constantly on the rise just as much as the use of mobile devices.
This fact clearly indicates that an entrepreneur or an established business owner planning to invest in app development services offered by a mobile app development company in Los Angeles will inevitably profit from it.
After all, commoners are using these applications to buy and sell homes and other properties. On the other hand, real estate agents are also using them to complete their everyday tasks, contact their clients, coordinate with them, and conduct marketing activities.
Additionally, a study came out in 2018 from the National Association of Realtors called “Real Estate In A Digital Age.” It proved that almost 73% of all homebuyers use mobile apps or other digital tools to bolster their attempts to sell or buy properties.
Here’s the “Real Estate In A Digital Age” report that came out a year later. It says that about 44% of all home hunters begin researching properties online. The larger section of these users includes older millennials – 98% to be exact. Boomers, on the other hand, amount to about 89%. Baby boomers are also in the count, comprising about 68%.
As millennials make up for the largest part of the home buyers in the USA, it’s perfectly sensible to build mobile applications specifically to accommodate their preferences.
Here’s a graph representing the most recognized and widely used real estate digital platforms trusted by the people of North America.
Everything mentioned above clearly indicates that it’s time to enrich the real estate industry with mobile applications. The market of real estate will also benefit from it because it has always been willing to incorporate technologically enhanced systems and solutions to deal with new challenges.
You’ve been patient enough until now. However, you shouldn’t jump right into the thick of things just because you know what features to add.
You should take a look at the top players in the real estate field in the USA. By acquiring more ideas from them, you’ll be able to conjure ways to beat them.
At the moment, Zillow is the most recognized application digitizing the sphere of real estate in North America. From the first day, it has been a pioneer in valuing homes and providing estimates to users. Through it, a homebuyer will be able to explore previous sale prices for almost every house available for sale in the USA.
The top mobile app development companies describe Trulia as a real estate company that started its journey independently. At the moment, Zillow owns it. Now, you must be wondering why you should build something like Trulia. Well, Trulia is perfect for those who are searching for a home actively.
This platform is a combination of a brokerage firm, as well as a real estate application. The app is incredible, to say the least. After all, it offers home value estimations that are much more accurate than the algorithm of Zillow at times. Even if a user doesn’t find the house he/she seeks through this app, he/she will get an idea of the homes available at a specific location.
When it comes to investing in real estate, LoopNet is the best for investors. This particular solution, just like Zillow, is for larger houses. Also, LoopNet is better for those who want to explicitly invest in commercial properties.
Those who love house auctions will inevitably fall in love with this application. It offers searching systems travelling similar to the others and also gives users access to auctions in real estate. Some of these auctions appear through MLS, while others are entirely exclusive to this platform.
If you’re going to hire one of the top mobile app development companies, you should consider replicating BiggerPockets. This app gives users a massive range of resources they can explore for free. These resources include eBooks, blog posts, forums, and guides.
So, why should you hire a mobile app development company in Los Angeles to build a real estate application?
For starters, a mobile app for your organization will separate you from your competitors. You’ll be able to present yourself as a technologically advanced real estate company.
If you manage to develop a useful and engaging application, there will be a higher possibility of potential customers choosing your company over others.
Here are a few other reasons why you should consider developing a mobile application.
Your real estate agents will be able to sell properties faster if they have a customized application to rely on. They’ll conduct virtual tours to eliminate long and time-consuming displays.
An application will also facilitate digital signing and transference of property documents, apart from allowing customers to find properties faster.
Every homebuyer experiences the stresses associated with purchasing a house. They’ll have numerous choices at their disposal from which they have to select one as quickly as possible. These customers will appreciate the ability to reach a real estate agent the moment they need one.
If you integrate a communication channel that remains available 24/7, your customers will be able to converse with your agents instantly and reduce wait times simultaneously.
An application will ensure clients enjoy personalized experiences tailored specifically to their requirements. They can save properties they find in their “favourites” list, acquire information about the neighbourhood, gain access to mortgage calculation systems, explore properties through 3D tours, etc.
The services of a mobile app development company in Los Angeles will allow you to bestow rewarding experiences upon your customers. In turn, it’ll generate customer satisfaction.
A group of market researchers has evidence to prove that a real estate mobile application can be much more effective in retaining customers compared to websites.
There are a couple of tasks that a real estate agent and your company have to do almost every day. These tasks are mission-critical but also time-consuming and repetitive.
An app will allow you to automate these tasks. For instance, the app will facilitate auto-filling of property info, generate leads, and converse with potential clients via chatbots.
Buyers will also utilize the advantages of automation by receiving documents instantly, submitting offers, or getting notifications of new properties available for purchase.
You probably have an idea for your real estate app, but if you don’t, this section will guide you. Customized real estate mobile solutions possess the capabilities of performing different functions and serving numerous purposes.
That’s why you should take a moment to identify the type, features, and purpose of your app before moving on to the process of development.
“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world” — Franklin D. Roosevelt
Property managers will inevitably fall in love with an app that makes their tasks easier. They can use their app to ascertain due rents, maintenance requests, and even gain advanced business analytics.
Whether a renter or a buyer, an individual will be able to enter their requirements in such as app in the form of price, location, or available amenities to search for houses. The results will appear automatically based on what they want and provide them with in-depth info about all the listings.
At the moment, Trulia and Zillow are the most popular mobile applications for searching homes. Of course, a couple of other mobile applications are giving them tough competition in the field of real estate.
This particular type of mobile software can serve multiple purposes, such as communicating with clients, simplifying the process of listing, and taking care of documents and documentation.
The approach of these applications can reduce the workload an agent has to deal with and make his/her tasks easier.
By utilizing private and public data on previous trends and housing trends, investors and agents can scrutinize the actual market value of a home. The same data will also come in handy while forecasting the value of a house in the future, as well as determining the factors dictating those predictions.
3D or digital property tours will be beneficial to sellers, agents, and everyone else. These tours will create a significantly more authentic experience of exploring properties over the web.
Furthermore, research conducted by Zillow unearthed that a massive portion of its users chose to purchase properties that came with virtual tours. To be precise, these users are about 32% more than others who bought houses without viewing them online.
Another group of researchers reveals that almost 80% of all millennial property purchases wish to participate in virtual tours before buying a house.
Now, it’s time to take a look at the features you should include in your application. Just remember to consider the target audience of your app before deciding on features to include or exclude.
Just like Google Maps, users should get the chance to explore the locality of the property through the application. Fortunately, it’s possible to incorporate this feature with xamarin app development services. This feature will allow users to enjoy a more immersive experience while travelling along a street.
Having a database is crucial for a real estate application. It’s especially mandatory for an app that lets users find properties. Generally, for this purpose, app developers commonly use MLS or Multiple Listing Services to populate the searches.
With a structured filtered search, it’s possible to augment the UX of an application. For that purpose, developers will conduct A/B testing to ascertain the criteria order showcased in front of users, as well as the queries more popular than others. Analytics and AI can work together to deliver much more relevant search results.
An excellent method of retaining users is to allow them to segregate properties of the love in a “favourites” list. When they have such a list at their disposal, they can return to it whenever they need to. You can also use it to suggest options similar to their favourites.
Info about neighbourhoods will play a crucial role in every application dedicated to real estate. After all, home hunters will want to analyze a community before choosing to buy a house there. You can cater to this requirement of your uses by adding a map view system.
All agencies, homebuyers, and agents should be able to send and receive messages via the app instantaneously. It’s one of those businesses where uninterrupted communication is of the utmost importance. Apart from sending text messages, users should get the opportunity to send other files as attachments.
You must make good use of xamarin app development services to integrate push notification systems into your application. Without it, engaging customers will become next to impossible. You’ll remind users about updates, new listings, price changes, and more through push notifications.
You must consider allowing your users to sign in with their existing accounts on various social media channels during the process of onboarding. Apart from convenience, it builds trust among users while bolstering your credibility.
Virtual tours will make all listings look much more attractive to homebuyers. The system of virtual touring will give them a detailed insight and property layout. Viewers will have a proper idea of what the house looks like. In other words, virtual tours will succeed where textual descriptions fail.
The ability to create a profile will benefit both buyers and agents. Agents will be able to describe their specialities and experience to attract new clients. The client, on the other hand, will be able to revisit their searches and save listings.
Homebuyers will inevitably have to do a bit of mathematics to ascertain whether they can afford a house they like or not. The presence of multiple calculators will ensure they receive estimations automatically and simplify the entire process.
Reviews, feedback, and ratings will generate trust and loyalty among buyers. If you allow existing and previous clients to leave their reviews for landlords or agents, your app will appear much more transparent in terms of information and reliability.
This feature will be inestimably valuable to property managers, agents, and landlords. Each individual associated with the purchase or sale of a house will be able to add or remove one or more lists. This feature will also let them visualize the revenue system.
Chatbots will be able to communicate with clients over the web and answer their questions within seconds. With xamarin app development services, you can build a chatbot that’ll send messages automatically to the questions frequently asked by clients.
The presence of a calendar system will allow buyers to schedule appointments and viewings with agents. They will get a chance to check the dates available and book them via the listing application you build.
Today, Augmented Reality has become an integral part of real estate app development. It’s beneficial to both sellers and buyers because it allows an individual to alter the overall visualization of the house for sale.
As already mentioned above, Zillow is the most popular real estate mobile solution in the USA. If you want your app to have the same features and ability, you’ll have to spend anywhere between $80,000 and $100,000.
So, do you think you’re ready to hire one of the top mobile app development companies to create an app like Zillow?
Then you should start getting your bearings straight. The information provided here should give you a clear understanding of how to approach the project.
However, you should take your time to research service providers before agreeing to hire one.
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