How Can VR Technology Improve Real Estate?

by Diana Hellman 09/29/2024

More real estate professionals are embracing virtual reality to improve their business in the modern world. With the myriad tools and platforms available, it’s becoming more common for agents and brokers to use VR technology in their regular business practices. Here are some of the key ways virtual reality can benefit real estate today:

Save Time

By adding VR technology into the home buying or selling process, you might save hours of time. Without needing to travel in between multiple locations, potential buyers can visit more open houses than ever before. Agents can do private showings at the last minute without needing to adjust their busy schedules to handle logistics. VR conferencing during negotiation and other parts of the transaction can also save significant amounts of time and effort, leading to a more efficient process.

Improve Accuracy

VR technology can communicate an incredible amount of detail and accuracy over any distance. For example, a potential buyer can tour a completely customized property with a builder before deciding. They can view different options in the context of the rest of the home design rather than via online guides or printed books of samples. Instead of touring a model unit that might differ completely from the result, clients can use VR to get the most accurate idea of the property before they buy.

Stay Safe

With increased awareness and concern for personal health and safety, VR is making it possible for real estate professionals to continue business as usual. Agents and clients no longer have to meet in person to tour homes or discuss strategies. Potential buyers don’t have to worry about traveling and interacting with people in situations where safe social distancing isn’t possible. With virtual reality, the real estate industry has weathered the many changes in our daily lives by providing alternatives to travel and personal contact.

VR technology is getting better and better with time. As technology improves, so will the ways in which real estate professionals and clients can use it to make every home buying and selling experience more efficient and safe.

About the Author
Author

Diana Hellman

 Diana Hellman's passion for Larchmont inspires her more than 20 year real estate practice. As a certified buyer's representative, "The development of a solid and trusting relationship with my buyers and sellers is what I strive for." This success, primarily built on client referrals and repeat business, comes from her knowledge of what makes Larchmont unique: it's school system, recreational facilities, services and the special qualities that pervade this village's atmosphere. A former educator with a background in psychology, Diana knows that people don't want a sales pitch, but rather reliable, timely information. She and her husband have been residents of Larchmont for over 40 years. Her 3 children have attended the Mamaroneck Public Schools. She can give you expert advice with the sale or purchase of your home. Awards/Distinctions Multi-million dollar club- Westchester Board of Realtors International Diamond Society (8 million plus in sales), 5-Star agent in 2024. Gold Award- WBR (5-8 million dollars in sales) Silver Award – WBR (3-5 million dollars in sales) Memberships National Association of Realtors New York State Association of Realtors Westchester Board of Realtors Westchester Multiple Listing Service Community Former executive board member of the Central School Former selection school delegate for election of school board candidates Former executive board member of the Friends of the Emelin Theatre Former executive board member of the League of Women Voters