I was shopping for a homes this summer, and I spent so much time looking at photos, looking at listings, and driving to see homes. My family was getting tired of it and I was getting frustrated. It felt like there was no end in sight. When I discovered VR, I was really excited. I imagined being able to see all of these homes and apartments, without having to physically go there. Unfortunately, most of the places I wanted to see didn’t have virtual tours. When I searched the internet, I found close to 30 companies that provided VR solutions.
There’s a lot to learn, and not a lot of places to go to find out all this info. I have consolidated this here for you, and hope it will save you some time.
Able to launch the tour directly from the Oculus browser in a VR headset.
Able to view the tour in cardboard VR.
Able to create panoramas with a smartphone.
Able to use a 360 camera creating tours.
Able to showcase 360 videos.
A proprietary camera is required.
According to Goldman Sachs, VR will be an $80 Billion dollar market by 2025, with $2.6 Billion of that revenue emanating directly from real estate.
Statistics from REALTOR.COM show that listings with virtual tours get clicked on 40% more than listings without virtual tours.
Consumers rank 3D virtual home tours as the second most desired feature in the home search experience, behind large, high quality photos.
mobile applications are used by 68% of new home shoppers at the onset and throughout their research.
75% prefer virtual tours to assist in the decision making process
According to a joint study by the NAR and Google, 90% of homebuyers did an online search when looking for real estate.