What is the impact of the virtual tour on the real estate market?

Rudolphe ABENRudolphe ABEN - NEXTIMMO.LU

Rudolphe ABEN

What is the impact of the virtual tour on the real estate market?

Companies must adapt to an ever-changing technological landscape. Virtual reality and virtual tours are the latest technologies to disrupt the real estate market. To begin, let's separate these two technological modalities. You can take a virtual tour of an actual home using 360-degree photos taken from different angles, and then view it on any device, whether it's a desktop, laptop, smartphone or tablet.

So far, VR has found its primary application in new construction, where 3D architectural drawings are the norm. You move around the house using a headset and a set of remote controls. What's even more impressive is that you can take immediate action to change the decor by interacting with the various objects. Whether you are a buyer or a seller, these two technologies have everything to seduce you.

Modern technologies to improve your image

The impact of a photo or a 2D plan is not comparable to that of a virtual visit with 3D effects. You can get a better idea of the rooms and space available by exploring them virtually.

A real estate agent can use this system and high quality software to show many options for the layout of a home, including installation or removal of walls, flooring and wall coverings, furniture placement, etc.

You can see the view from your fourth-floor balcony of a new home long before construction is complete, thanks to virtual tours and virtual reality tours that incorporate real-life shots.

Buyers save time

On average, a potential buyer looks at seven different homes before deciding on one. Since not all properties are in the same location, it can be difficult to schedule a tour of each one. By going to a real estate agency that offers virtual tours or virtual reality, you can learn about a wide range of properties.

While a virtual tour cannot replace an in-person visit to the home, it can help you narrow down your options. If you decide up front that you'd rather not keep the property, you won't feel like you're wasting your time packing.

Visit for as long as you like; neither the agent nor the seller will rush you. Plus, the home inspection is simple.

Buyers will have more flexibility to schedule appointments

Getting your home in order is one of the best things you can do if you want to sell it quickly, according to real estate experts. While it would be ideal to keep your home looking like it does in the pictures, the reality is that it's not always possible. Due to showings, sellers may need to find someone to watch their children or pets while they're away.

Clients are more likely to make an offer on a home after a virtual tour, even if the number of actual tours is lower, because they have already been captivated by the property. The seller's efforts to achieve the desired outcome are then secondary.

Innovations in virtual reality and virtual tour solutions are providing users with increasingly realistic and immersive experiences. In the near future, we may be able to use our other senses, such as hearing and touch, to take a virtual tour.

If you are interested in buying or selling a home and would like to take advantage of virtual tours, please contact our agency.