Central Florida Real Estate News & Trends

A virtual tour is a simulation of a physical location created by stringing together a series of panoramic images. This involves the use of VR technology to create a virtual experience of visiting a place. Once all the images are stitched together, the user can experience what it’s like to be in that location without physically visiting the place. 

Here are some important statistics that tell us more about the benefits of using 360 virtual house tours for real estate – 

• Buyers tend to spend a lot more time on websites that offer virtual tours. People can spend up to 5-10 times more time here compared to the time spent on websites that don’t offer 3D house tours.
• The interest in a business listing is likely to double if a 360 virtual tour of the property is offered.
• A property listing that offers a virtual tour gets 87% more views on real-estate portals.
• Up to 67% of people want more businesses to offer a 360 tour for easier understanding online.
• The return on investment for virtual tours in real estate is as little as four weeks.

360 virtual tours for real estate have played an important role in recent times. People can take a 360 virtual tour of a property they are considering to buy, through their laptops, mobile phones or tablet PCs. Virtual home tours offer a higher level of interaction for potential buyers before they make a decision. You can also enhance the virtual tour experience by adding narration describing the highlights of the property, or a piece of pleasant background music when exhibiting a property.

Benefits of 360 Virtual Tours in Real Estate

1. Saves time – Organizing in-person visits for multiple buyers can be a time-consuming exercise for real estate agents. In a virtual tour, customers can view the property on their own and save the agent’s time.
2. Reduces costs – Estate agents invest a great amount of time and money in organizing open houses and in-person tours of properties. Virtual tours offer buyers the same experience at a fraction of the cost.
3. Ease of Sharing on Social Media – Virtual tours can easily be shared on a social media website for extra visibility among buyers.
4. Stand Out from the Crowd – Virtual tours are an attractive way to showcase properties online. If your website offers virtual tours, people are more likely to take note. 
5. Convenience – Buyers and sellers both find it convenient to be able to view the property anytime they wish to see it. 
6. No Technical Skills Needed – Using virtual tours in real estate requires minimal technical skills. All you need to do is click the right pictures or make videos of the property and experts such as the designers at Styldod can create a stunning virtual tour of the property.
7. Greater Reach – Showcasing your property online can help you reach buyers worldwide as opposed to other mediums.
8. Permanent Open House – A 3D virtual tour online is like a continuous open house wherein prospective customers can visit at any time from the convenience of their homes.
9. Effective on Real Estate Search Engines – Offering a virtual tour of the property is likely to improve the ranking of your property listing on search engines and property portals.

Author Bio:

Rahul Agarwal is the Co-founder & Chief Business Officer at Styldod, where he has taught a computer to do interior design! Styldod provides the most hassle-free & inexpensive virtual staging solutions for real estate agents so they can sell their listings faster, and for higher prices. Rahul was also a co-founder of Mebelkart (which is acquired by Ask Me). He's your everyday IIT Kanpur nerd who pushes the boundaries with his innovative entrepreneurial stints and is also a sound start-up investor & advisor. Rahul attributes his success as a professional to the discipline he has learned from his district hockey days, being a swimmer and a gym enthusiast.