In 2021, the number of smartphone users in the world is 5.27 billion. As per the survey, consumers spend 4.2 hours a day on mobile applications. Be it you as a real estate broker, property owner or buyer, every person is finding a solution on the internet, and that’s mobile device.
As per the Statistics, 90% of the people search warehouses, homes, offices, godowns, etc online through smart phones. Mobile apps are converting more business than websites.
Why don’t you reach where your customers are? Makes sense?
You know that the walk-in for the search of homes and property has reduced drastically to your office, but has increased 3 times more on real estate mobile applications.
This means the business is not in danger, neither the customers are less, nor is the demand low. The reason is different, and that is the transformation of every physical to digital.
The world is changing, businesses are accepting the change, providing customers what they like, reaching customers where they are. To thrive in the business, accept the change, take help of the technology from the technology experts and take your business from mediocre to meteoric.
Increase your real estate business 3 times more by investing in real estate mobile application development.
You can save 70% of the cost for your real estate app development by hiring dedicated resources.
Make your 2nd office on the internet and enjoy the growth
Real estate market analysis by real estate experts
These statistics from the National Association of Realtors shows that:
- In 2020, 97% of homebuyers found their dream home visiting real estate websites
- Mobile device and mobile application is the strongest powerful tool to market your real estate services
- 3 out of 4 homebuyers prefer mobile application to find their dream homes
- 62% of homebuyers found real estate mobile application search a useful source to find information about their desired house
- 20% of homebuyers find their property agent using smartphone
- 76% of homebuyers find their dream homes via mobile devices
Why real estate businesses need a website and mobile application?
- The Real Estate Software market will reach $13.46 billion by 2026
- According to the Grand View Research, Inc, the global real estate market is expected to generate revenue of USD 4263.7 billion by 2025
- 4 out of 10 rental seekers search homes and apartments through mobile devices
- Property searching on mobile apps have escalated by 120%, as per analytics
- 51% buyers found the homes they purchased through internet (Mobile Application)
- Zillow, Realtor.com, Trulia.com, Redfin, Apartments.com, etc are the best real estate industry players in US market
- Zillow records 188 million users with 420 million homes search every month
Mobile application have become the primary need to earn due to covid-19 pandemic as customers prefer online tour of the house and property they are interested in and getting all possible information online itself to make final decision.
Major Advantages Of Investing in Real Estate App & Software Development
How mobile apps helps property buyers, customers, brokers, agents, property dealers and realtors ease buying, selling, and renting of property?
Real Estate Mobile Application’s benefits are further segmented in 2 parts.
For Customers and Property Buyers:
1. Direct communication
The secret of any application’s success is its loyal customer base and customers are made loyal, when you satisfy them with all their queries, quick response, supporting behavior, and polite cooperation when they are new to your field. An application with an interactive feature allowing customers to communicate directly with a person behind the screen and helping customers in real-time to understand properties, rates, location, future value, and giving worthy suggestions makes the customer spend and buy something from you.
2. Easy search and easy navigation:
From opening the application to checking out, an easy search tab with a filter feature helps customers reduce the hustle of searching the property, find listed properties, get access to all its available information, get a virtual tour and see all pictures posted by the seller. This feature enhances the customer experience, saves time, and encourages them to take a decision.
3. Speedy sales making decision:
Buyers are here, and the opportunity is with the property seller. The seller can accelerate their sales by posting true information at an accurate rate on this platform with the photo showing the latest situation of the property. This is the best platform for sellers to connect with buyers, assist them correctly, and increase sales.
4. Customer support:
24/7 customer support can be made active to help users keep updated with the information available about the property and its changes.
For Agents and Property Dealers
1. Extend the market reach:
6 out of 10 mobile users use the mobile application to search property online. Be it, seller or buyer, the real estate mobile application is the medium for both to meet each other. Property dealers/sellers get the best opportunity to extend market reach by posting their properties online using real estate websites and mobile applications.
Having a mobile application for your online property booking solutions will help you get closer to your target audience, focus more on expanding business, improving customer experience, and assisting the real customers who need the property.
You can extend your market reach, make new customers and drive 4 times more ROI.
2. Location-based support:
When it's about searching house and apartment, the place and location matter the most for the customers, as the more amenities nearby the house will be, the easier it will be for them to enjoy living. Integrating the geolocation-based feature in the application allows user to search properties to their choice of location and the app will show only the properties available in the region selected by the user. This feature reduces the hustle for the user and saves time.
This feature not only adds value to the business but also helps you make loyal customers.
3. Collect customers feedback:
Customers bring customers. And there are many ways your existing or old customer can be a reason for getting you new business or customer. Collecting customer feedback is one of the formulas that attract your new customers and helps to take a decision.
It's all about your service. Words from a salesperson do not always work, many times your salesperson is passive and that's your old customer's feedback. Your sales pitch could be your collected review of your customers.
Do not get lazy in assisting your customers. Put extra effort to make your customer 100% satisfy. After the service is served, it becomes your next responsibility to ask your customer if they liked your service. Collect feedback from them. If the feedback is good it will help you get more business, and if it's negative, you get the opportunity to fix it and helps you reduce the risk of losing customers repeating the same mistake.
4. Increase potential buyers
A feature-rich real estate app for iOS and Android can help the buyers get complete information about the available and the most trending properties with all small and big information like nearby location, documents, size of the property, and price.
When the buyer gets detailed information about the property, the interest is quickly turned into the interaction with the property dealer. Another feature of a push notification, property calculator, etc helps buyers stay up to date with the latest property within the decided budget and increases the chances of buying and selling of property.
5. Brand promotion and recognition:
Usually, the company first prefers making a website and after a long time of effort, they make their mobile application which fixes the place in the mobile devices of their loyal customers and others who think it's worth keeping.
As per the statistics, mobile apps recorded more customer engagement and more conversion compared to websites. Real Estate brands like Zillow and Redfin have their mobile application and their main goal is to keep their audience with them. This is only possible when you have a high-performing, intuitive, and unique real estate app development idea.
6. Direct marketing medium:
Regardless of the app been identified for advertising the property, the app also comes with advanced features like push notification, messaging, alerts, automated email, live chat which are used as a direct marketing channel by many world-class real estate brands.
7. Advance property viewing:
The combination of two technologies AR and VR is called mixed reality. Real estate application is empowered with the integration of mixed reality that helps users visualize properties and better imagine what it would be like to live there.
8. Improves customer engagement and increases conversion:
56% of buyers aged below 36 and 50% aged between 37-51 found their new houses and property online using the mobile application. Real estate apps allow customers to engage with the property information 24/7, search property anytime from anywhere that serves the convenience and deliver solutions on the go. Thus mobile applications play a vital role in improving customer engagement and increasing conversion.
Real Estate App Development Features
To provide an unmatched user experience and become the strong competitor of the existing real estate application owners like Trulia, Zillow, Redfin, and more, you got to make sure your application has the below-mentioned features. Not just the feature-rich application but high security, attractive design, simple navigation with advanced functionalities needs to be at the time of real estate application development.
1) Simple User On-boarding
Here, the profile of the user needs to be registered. Registration is further segmented into 3 categories.
- Customer profile: Customers can create his/her profile by entering basic details like name, address, age, phone number, and email. You can also allow a user to signup directly with social media accounts or via OTP for quick and secure registration.
- Agent profile: An agent can register by filling in the basic information along with the types of property he/she is selling. An agent can create property descriptions, submit images and add properties to their catalogs.
- Property seller profile: Property owner/seller can fill in the basic details along with the property description, images, rate, amenities, and nearby location. A property seller can also add contact details to assist the buyer in real-time.
- Property listing: Property owners can list their property here with the consent to sell or rent to the buyer directly, omitting the agent from between. This will create a direct link between buyer and seller, reduce lack of transparency, high chance of making quick decisions, and save time and cost for both parties.
- Filter: Implementing the advanced feature of the filter(customized search) helps the customer find a property as per their location preferences, type, size, and budget. Filter narrows the search result, saves customers and agents time, gives accurate property references, and makes the property search easy. The aim is to deliver all users a better searching experience with desired results.
- Favorites: This feature allows users to select and add the property they liked to their accounts and mark it as “favorite”. The pain is, only the registered user can add the property as a favorite to the account. It also works as a lead tracker for property owners as they get notified whenever a user adds a property as a favorite. The owner gets to know who is interested in the property, can take a follow-up, communicate further and seal the deal.
- Virtual Property Tour: With the integration of mixed reality (combination of AR and VR technology) users can simply put on the headset and can virtually experience the interior of a house or as many properties they want without traveling. With this feature, users can better imagine what it would be like to live there and gives a clear vision to the buyer to buy a house they wish.
- Detailed information of the property: Users can get the complete detail of the house or property they are looking for. They will get to know the cost of the property, material used in flooring, roofing, paint, plumbing, electricity, wall quality, and property images.
- Messaging: The direct communication feature can help users interact with agents or realtors in real-time via live chats, messages, emails, social media, direct calls, callback options, or other contact mediums available in the application. This feature enhances the user experience, builds trust among the users, helps in building a brand, and increasing sales.
- Amenities: Users can see the property's amenities details here. Amenities are available with the property like parking, garden, gym, club, library, common hall, or more. Here users will also know if the amenities are chargeable or free.
- Nearby Facilities: One of the best features you should have in the application is that it helps the user to make the final decision to buy the property. This feature helps the user know if there is a hospital, school, market, local vendors, railway station, and bus station nearby the property they are willing to buy.
- Push notifications: Push notification is one of the latest marketing features your application should have to stay on top of the customer's mind. This feature helps the property owner send property alerts at regular intervals as requested by the buyer.
- Property Calculate: This calculator is different from the usual calculator. Property calculator helps users calculate the total price of the property considering interest on loans, installments, paperwork charges, insurances, taxes, loan repayments, and other rates.
- Authentication: Users, brokers, and property owners can only avail themselves of the application benefits if they verify their identity. They will have to provide their mobile number on which they will receive an OTP to validate their information and identity. After the validation is successful, the user will be allowed to use the application. It is a must-have security feature.
Real Estate App Development Solutions
At i-Verve Inc, we have a team of highly experienced real estate app developers who use modern and time-tested technologies to provide efficient real estate software solutions. Our customized real estate app development team has successfully developed mobile applications ensuring integration of advanced technologies in custom productions meeting the client’s needs. Being a leading real estate app development company, we harness the power of tech, leverage the experience to deploy result oriented mobile app solutions for real estate business.
- Trulia Like App
- Zillow Like App
- House Rent App
- Land For Sale App
- Mls Listing App
- Real Estate News App
- Realtor App
- Property Apps
- Home Searching Apps
- Open House App
- Realty Apps
- Project Management App
- Vendor Management App
- Apartment For Rent App
- Rental App
- Real Estate App For Agents
- Real Estate App For Builder
- Apps Like Opendoor
Real Estate Website Development
Whether you are looking to build a new real estate website, optimize the existing one ,or need help with managing its online presence along with data and security, you can rely on i-verve as it is providing these services since 2008 to all commercial real estate companies.
Our team is developing real estate websites since 2008 and has proven expertise to create innovative, incredible, modern, high performing and customer focused websites that widen online visibility.
i-Verve always develops real estate websites meeting the commercial standard, SEO friendly, optimized for all mobile, desktop and tablet devices, and 100% custom designed tailored to your business needs. We make sure the website is CMS compatible so that your staff can access it and easily add, change or delete the content anytime they want.
We offer A Variety of Real Estate Website Development Services
- Responsive Real Estate Web Design - i-verve’s real estate web design services ensure your website has an attractive, intuitive design that engages your customers, focusing on conversion.
- Real Estate Integration Solutions – We integrate APIs, IDX and MLS in your real estate website and application to empower agents and brokers to get more potential clients.
- Real Estate Digital Marketing Solutions - Get access to our certified digital marketing experts to expand our online visibility, get more traffic, make necessary updates on the website and application based on the trend, customer behaviour and feedback.
- Real Estate Website Maintenance Services – i-verve offers end-to-end design and development services. Our team provides post deployment services like website maintenance and support services to ensure it’s working fine so that you can continue getting more customers and more business.
- Real Estate Branding Services – Be it designing or marketing, our creative branding experts help you produce master piece designs and outstanding marketing strategies to compete with your competitors.
- Real Estate CMS Development Services – Whether you need a custom CMS website development services, migration services or up-gradation, our professional developers build robust and 100% customer centric websites tailored to your business needs that allow your staff members to make changes whenever needed.
- Multilingual Real Estate Website Design and Development Services – Our experienced developers can help you expand your reach from local to global. You can hire dedicated website and app developers from i-verve to build multilingual real estate websites that will help you assist global customers.
How Much would an app like Zillow or Trulia Real Estate App Development Cost?
An application like Zillow or Trulia takes at least 750 hours and 8 professionals to develop. Rates of development changes on the location you choose. There are different rates of developers if you hire from the USA, the UK, Europe, and India.
We have a highly experienced team having expertise in solving complex challenges. We are known for providing custom solutions that are powerful, cost-effective, and ready for the future.
The cost of real estate mobile application development depends on multiple parameters:
- Target OS and devices
- Necessary team and skills
- Features and functionality set
- UI & UX design
- Time spend on backend, CMS development and APIs integration
- Time spent of front end development
- Maintenance and Support services prices
- Cooperation method and country
Usually, it takes:
- 250 hours to develop an app
- 150 hours to design,
- 120 hours for testing and quality assurance
- 15% of the total budget for project management
The cost is calculated on hourly or the hiring model you select. Hours of development and rates can fluctuate as the real estate website development has many nuances. Usually there are three hiring models that a real estate website development company offers.
- Fixed cost
- Retainer
- Hourly
For more information, you can reach out to i-verve.com and get the free estimation for your new project.
Why Choose i-Verve for your Result OrientedOreinted Real Estate App Development?
i-verve is a leading mobile application development company providing real estate app development services to local and global based clients since 2008. Our development team uses agile development method to build world-class mobile applications that help property dealers increase their customer base and revenue.
We are an innovative team of wit-minds that strive to convert your idea into a successful real estate business solution provider. You can rely on i-verve as it provides:
- 24/7 effective communication
- Expert real estate developers
- Uncompromised quality
- 1000+ apps already developed and deployed
- Custom integrations
- Solving complex business challenges
- Dedicated support
Ending Note:
Be it customers or property dealers, both are enjoying the digital transformation of the real estate industry. Zillow, Trulia, Redfin, and many other offer fast and enjoyable house and commercial property selling experience. Yet there are many loopholes that you can find and fill the gap when you decide to build your application. Before starting the development of your application, make sure you make the right decision, take a survey on what customers need from you that existing brands cannot provide, select your technology wisely so that your app remain secure and you can manage increasing traffic easily.
Make your bravest idea a reality hiring a mobile development company that has a team of expert mobile app developers following a comprehensive agile approach to develop smarter and innovative mobile-centric solutions.