The real estate industry has gone through a huge transformation over the past decade. Technology has had an enormous impact on the way people do business, and it’s nowhere more evident than in the real estate space.
Now, you can do everything from booking appointments with clients to uploading marketing materials to your website without leaving your couch! For entrepreneurs looking to set up shop in the world of real estate, or those who have been in the industry for years but are looking for new ways to expand their business.
And creating an app that showcases your services is one of the most effective ways to do so. If you want to create, a real estate app development company can help you. So, let’s get insight into aspects you must know before embarking on this journey.
Real Estate Mobile Application: Definition and Types
Real estate has been radically transformed by mobile devices – whether they’re used to interact with agents, find properties online, or make an offer on a home without ever stepping foot in the office.
Your real estate mobile application will solve problems in different parts of the process or for different users. Let glean insight into some of them.
#1. Rental/House Hunting apps
This app is probably the first one people think of when they picture an app for real estate. This app has listings that you can search through using your desired criteria, including things like address, region, city, or even neighborhood. Listing-based apps rely heavily on MLSs – multiple listing services.
These databases include all listings available at a given moment in time to those who are looking for them.
#2. Real Estate Agent Apps
These apps help real estate agents or brokers deliver their services. For example, virtual 3D tours around an apartment could showcase the space for potential buyers. Communication among agents and clients as well as managing properties becomes simplified.
Thanks to these programs agents provide their services with digital solutions, which cuts down on time-consuming paperwork.
#3. Real Estate Investment Software
Solutions for monitoring real estate investments are highly demanded among investors and agents. One requirement for such apps, however, is that they need to be customizable so as to meet individual needs.
Want to develop real estate mobile application?
Why You Must Create MVP Real Estate App?
A Minimum Viable Product (MVP) is a product that has a minimum number of features in it, and it is created within certain time frames with minimal effort. This notion of viability speaks to the idea that such an app must do its core functions as well as allow early adopters to accomplish their goals when they use this app.
In a real estate mobile application, following should be simple features that allow users to find appropriate accommodations.
Features Your Real-Estate App Must Have
1. Integrated Map
It would be hard to imagine a real estate mobile app without a map. Thankfully, you don’t have to create your own map solution! You can use the off-the-shelf solutions provided by third-party providers like Google Maps or Mapbox.
2. Expert’s ProTip
Integrating a map into a mobile real estate application can be tricky. The problem is that the phone screen is much smaller than a computer’s one. If the user zooms on their phone, you need to make sure the image remains clear and sharp; also, keep in mind your spending- there may be high demand for access to the map API.
3. Administrative Panel
The panel defines who can submit listings, manage those on the list of available properties or receive reports from those applying for vacancies. There is good news for programmers – you do not have to make an administrative panel from scratch. You can integrate an existing solution and then customize it according to your needs while adapting its design.
4. Chat Feature
In order to find accommodation property, instant communication is necessary. If a user sends a message through chat instead of calling one then it would be easier for them to find what they’re looking for. One more feature that should be included in your real estate app is chat.
Moreover, you can use mobile app development services to decide on advanced communication features such as WhatsApp, calling and more.
To customize your app, including registration is essential. The process of registering allows people to keep track of their favorite products they find by saving them in a favorites box. And while setting up an account may seem complicated at first, it can actually be easier than you think!
You don’t even need to build the system yourself when there are so many options for using existing data such as emails, phone contacts, or social media accounts (Facebook, Google Account, Instagram).
6. Detailed Search Filters
To provide even more assistance to your customers, try building out some detailed search filters. Don’t limit yourself to something as simple as location, room size, or amenities think of other factors that will impact the decision-making process of your target audience.
- Opinions from neighboring communities about the district
- Information on crime rates in the area
- Likelihood of natural disasters happening soon
Developing A Real Estate App
Developing a real estate app requires you to follow precise processes. Firstly, all mobile app development processes include:
However, there are some distinguishing factors for developing a real estate app over other types of apps, such as deciding on platform & technology, choosing a mobile app development company, development, testing, deployment, and more.
So, make sure to take assistance from the experts.
Building a real estate app in today’s day and age seems like an impossible task given the big names already dominating the space. However, don’t get discouraged before trying! Find your market your audience and bring them a solution they can’t do without if they’re looking to buy or sell the property.
If you need more tips on how to go about doing it right, hire mobile app developer from us. We’ll get back to you with all the insider knowledge we’ve picked up over time.
1. How do real estate apps generate income?
The most common way to make money off a real estate app is through commissions – an amount that’s charged after the finalization of a deal between the parties involved.
Many real-estate-based smartphone apps offer monthly, quarterly, or annual subscriptions for their use, which some people may find worth it.
2. How much does it cost to build a real estate mobile app?
It depends on the complexity of the project and can range anywhere from $40,000 – $300,000.
Simple App Development Cost – $40,000 to $60,000.
Average App Development Cost – $60,000 to $150,000.
Complex App Development Cost- between $160,00.