Virtual Reality

Virtual reality is finally here. Development teams are developing virtual and virtual reality real estate [http://vr.me/VR] systems that can provide studios where a team of developers and agents can converge and work in a matter of hours. Agents can be more productive working on space management issues, such as theAmbient functionality.ifts to produces new video and 3d models of properties in a level of detail and variety that is only reserved for real estate exhibitions.

Today’s technologies allow a building’s owner and agents to collaborate and access inventory information, market data and so much more, working together to make strategic decisions.

Virtual reality allows a building’s owner to literally walk through the spaces in a high-density electronic environment, eliminating the need for an agent and viewers to travel to different areas and real-time updates.

Agents can deliver presentations and meetings from anywhere in the world, but have the ability access 360 degree views of inventory units in their offices, offices of their clients and at their client’s locations. Virtual tours and video tours presented by a professional are now common place in RE sales.

Technology allows the building owner and agents to have interactive discussions face to face, with no boundaries. With open communications and substantial knowledge of the property’s real estate, buyers, renters and investors at their fingertips, building owners and agents can more efficiently be on the same page.

The next step in integrated building systems is access to more specialized data stores. Armed with more detailed knowledge of home and commercial real estate information, including the latest data from municipal land registries and public Office of Land Sales databases, more knowledgeable owners and agents can be more creative in attracting interest, promoting projects and selling services.

New information technology can also calculate values and forthcoming sales results for specific properties, assisting buyers, sellers and tenants, and theoretically could lead to more efficient and targeted advertising and sales efforts.

Agents can hope that future faster access to more detailed and up-to-the-minute information will enhance the benefits of being the local experienced agent.

“A higher quality and more effective use of information could result in stronger, longer lasting relationships with clients, more effective services and ultimately, a more profitable real estate practice.”

Typical real estate software is not designed specifically for the latest emerging technologies nor is it aware of these technologies. Often, real estate agents and consultants are forced to use antiquated, limited technologies in order to effectively serve their clients and compete in today’s real estate market.

The woven web of information, data services, applications and underlying technologies combined and woven together in one powerful,Educational platformconnects agents and professional consultants together and enables them to deliver more efficiently and more productively to their clients.

This revolution in real estate is not supported by traditional real estate software and by most real estate brokerage firms. Given the intense interest in the new and emerging technologies, it is likely the share of know-how and product offerings available for immediate use will sharply decrease, making real estate more process-oriented and more professional-sized.

The vast opportunities available to businesses in the long-term potential of real estate virtual reality has opened up a dramatic new business opportunity in education.

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