How Real Estate App Development Can Maximize Sales Revenue

There is no second thought that the real estate sector is overwhelmed by applications to help home buyers find their desired home or any property. Similarly, real estate companies are pumping toward real estate app development to reach a wider audience and increase overall sales revenue. 

According to one report from Mordor Intelligence, the Global IT Market in Real Estate Industry will touch USD 10.54 billion in 2024 and USD 17.22 billion by 2029, at a CAGR of 10.32%. The shift from physical promotion of real estate projects to digital-based applications is significant in adopting new technology. Real estate companies must meet the increasing market size and demand for real estate mobile app development to serve clients better.

Top real estate applications enable brokers, agents, landlords, and other real estate business participants to increase revenue and maintain relevance in today’s technologically advanced culture.

Why does one need a Real Estate Application?

Investing in a property is quite a complex thing. From finance to location, different aspects cover the purchasing process. Moreover, complicated paperwork and visiting the area are another challenge. 

Home hunters aren’t the only ones facing issues, as real estate firms and agents face difficulties in addition to home purchasers. These difficulties include heightened rivalry from other agents, challenges promoting their businesses, drawing in new clients to use their services, etc.

Realtor apps for Android and iOS with customized features make brokers and agents more visible and reachable to buyers and sellers. Real estate professionals can reach a wider audience, promote their brand, and have a more noticeable online presence by providing a mobile app. Here are some stats that promote reasons to invest in real estate app development–

• Over 80% of home buyers in the US use mobile apps to find a property.
• Over 90% of real estate professionals improved user experience in mobile apps, increasing sales.
• Real estate apps offering 360-degree views increase user engagement by more than 25%.
• Adobe reports that home buyers and sellers dislike using mobile websites to explore real estate listings. Instead, they would look up property listings using a real estate agency app.

Top Reasons to Invest in Real Estate Apps

Let us check some of the reasons why companies must invest in real estate mobile app development–

• Enhanced User Experience

If you are using any top real estate apps, you will find that real estate app developers worked their best at its user interface. It makes listing, buying, and selling of properties easy. Users can quickly narrow down listings by using various search parameters and swiftly browse through photographs to find out more details about a property that’s for sale or rent. Moreover, users spend more than four times more time on apps than on websites. Compared to websites, app session durations are over three times longer. This gives enough reason to connect with a real estate app development company that ensures the User Experience is at its best.

• Drives Enough Engagement

Real estate apps with accessible listing, search, and geo-location features witnessed a 30% increase in user engagement. Apps that offer personalized search experiences attract more users. Once downloaded, your real estate app can be utilized with only one click, making it far more straightforward than opening a web browser and manually entering a URL, only to receive a subpar experience.

Research indicates that users of real estate apps are especially active in the first week after downloading the app. Driving engagement with an app is far more accessible than a website, even if users aren’t using it frequently. You may entice inactive users to open the app by sending them customized push notifications about new listings.

• Real Estate Apps are Versatile in Nature

Real estate companies invest in real estate apps because they carry multiple features and are versatile. Some of the features are-

• Highlight commercial properties for sale or rent.
• Rental listings for landlords and renters
• Home value estimates for prospective sellers
• Commercial property listings for property managers
• Open house information and in-person visit scheduling.
• 360-degree virtual tour
• Stay Ahead of Real Estate Market Trends

In the US, there has been a 15% increase in the downloads of real estate smartphone apps. It has pushed the demand for property apps in USA. Buyers and sellers already use two of the most popular real estate apps, Redfin and Zillow. Since they are ahead in features, the demand for trendy real estate apps is increasing. Build an app that gives users regular updates about the latest real estate market trends so they don’t have to visit other apps.

• Enhanced Marketing of the Company

As real estate apps allow companies to connect with their target audience directly, it can enhance the overall marketing process. Moreover, it helps in getting more target customers. This will eventually increase the company’s overall revenue. In addition, a finely developed app helps increase user engagement and convert potential users into customers.

How can Real Estate App Development Maximize Your Profit?

When you choose real estate mobile app development, you are investing towards maximizing the profit for your business. While working on the product, real estate app developers integrate user experience with flexible tools that can create more engagement and retain customers. Let us check how real estate app development can maximize profit-

• Better Customer Experience creates a Business Identity

Due to the availability of real estate apps, customers won’t have to leave their homes to visit the property site. With 360-degree virtual view and image availability, buyers can check out the property within the app as per the location. So, when you hire real estate app development companies, request that the property listing be made according to the locations of the target audience. Ensure the mobile app provides easy access to all pertinent information, including pricing, site photos, and areas.

• Good Deals and Easy Calculation

To ensure that your business goals and customers’ interests are perfectly aligned, you need an app that creates buying interests. You can give your clients exclusive discounts and alluring offers within the real estate mobile app at no additional expense. Push notifications are another excellent technique to inform clients about the newest offers, projects, and real estate listings.

Furthermore, include a mortgage and loan calculator in your real estate mobile app. You may increase buyer attraction by having even the most essential tools in your app.

• Using Trendy Technology in the App

AR/VR is a part of real estate; your app with this technology can increase engagement. AR can be pretty helpful in developing mobile real estate apps since it allows customers to have a closer look. For example, you can add a virtual view of the project where users can check out the project live to get the actual feeling of presence. The 3D view of the projects creates more chances for the customers to buy the property. Hiring real estate app developers who implement new technology within the app is best.

• Adding Enough Database

Creating the ideal database for app users is crucial. A list of different properties in a specified nation, city, or state is included in the database. It is a real estate app’s primary USP. Adding more property databases can help buyers have better options and go ahead and make a deal.

Also Read: The Complete Guide to Salesforce Development Services

Top Features to Build a Profitable Real Estate Mobile App

Attracting users and streamlining the purchase or sale process are the main objectives of creating a real estate app. To make your real estate app profitable, here are some features you must add-

• Simple Onboarding Features

New user onboarding is the most common feature but must be hassle-free and quick. Professional real estate app development companies in USA focus on three things-

• Social media authorization
• Phone Verification
• Email Authorization
• Property Listing and Database

Another profitable feature of the real estate app is the property listing. You must display a list of available properties together with all relevant information. It should be easy for users to add to their listings if they wish to sell or rent out their property.

Due to the constant growth of property listings, you will want an extensive database. Ensure your app has enough flexibility and support to add a new listing because there will be more users in the future, leading to more listings.

• Easy Property Filtering

Finding the right property is a challenge for many users. You shouldn’t be among those companies offering such difficulties to users. Your real estate app must have easy property filtering as per your needs. Hire real estate developers in USA who can develop an app with advanced search research and easy filtering.

• Push Notification

Push alerts are a practical kind of advertising. For your real estate app to be successful in the long run, push alerts will let you keep customers at the forefront of your mind. It is also beneficial for efficiently marketing your offerings. Users can even be notified when new properties are added to a particular area or when prices are altered.

Foster your Real Estate Business with Lucenta Solutions App Development

If you want to revamp your real estate app or build a new one from scratch, Lucenta Solutions is one of the USA’s best real estate app development services. We work with some of the leading real estate companies to build apps that run at 10x speed and are tailor-made. Our top-quality real estate app development service will help drive sales and generate leads and other benefits.

Conclusion

Real estate mobile apps are essential for everyone related to the property or business. Since mobile applications are so flexible, you can utilize them for various purposes to improve how your business and consumers are served. Leveraging the experience of a real estate app development company can maximize profit in all senses.