You might not know that 4 out of 5 people use a real estate mobile app to find, buy and sell properties online. Real estate has been a lucrative business for a long time, and now with the development of smartphones, it has become.
The trend of online property search is at its peak today, due to which there is fierce competition in the real estate market
According to market reports, 95% of real estate agencies have their own websites with property listings.
However, when we are talking about such a huge competition then building a website is just a small step in this field. In addition to a website, you’ll need a custom mobile app for your real estate business if you want to be at the forefront of the game.
And it is also important to note that your real estate mobile app should be different from the overcrowded app stores so that more and more people can download and use it.
So this article will help you know which features you should add to your real estate app but before finding the answers to these questions, let us see why it is important to develop a mobile app for your real estate business. And what are the difficulties faced in developing a real estate app?
Why Should You Have A Real Estate Mobile App for Your Real Estate Business?
The real estate market today has become highly digitized. Homebuyers no longer have to go to agents to find suitable properties. Rather check multiple homes and properties instantly on their smartphones.
As claimed by the National Association of Realtors report
- In 2018, more than 44% of the and this number will inevitably increase in 2022
- Roughly 81% of older millennials, 80% of the younger millennials, and 78% of generation X homebuyers found their properties on mobile in 2018 (Source)
- More than 90% of baby boomers (aged 53-71) believe virtual house tours are the most crucial feature of a real estate app.
Homebuyers, sellers, and realtors are all using real estate mobile apps to bridge the gap in the real estate market.
However, given this huge real estate competition, you need to make sure that your real estate app must have some unique features that can make you stand out from the crowd. So let’s take a look at some of the important features that you can include in your real estate app.
What features are required in a real estate mobile app?
Our primary goal of developing a real estate app should be to capture the attention of the users and make the buying or selling process as easy as possible.
However, you don’t want just another real estate app in the App Store that no one downloads. Hence, it is more necessary to keep an eye on the latest trends and features and incorporate them into your app.
Below, we have discussed some basic as well as trendy features that you ṁ definitely want to make a part of your real estate app.
1. User Onboarding (Signup/Login)
User onboarding is the most basic feature of a real estate app, and it needs to be as simple as possible. And this can happen in three ways which are mentioned below.
- Social media authorization
- Authorization via email
- Phone verification
The users can choose any of the above-mentioned methods to sign up in the real estate app. But, combining all the above options can be a great idea too. It will provide convenience and flexibility to the users, and make the sign-up process even simpler.
2. User Profiles (User, Sellers & Agents)
Users can create their profile in the app so that they can perform various activities in the app. There should be a facility to create separate profiles for different sets of users.
Let us see from the perspective of an example of a buyer’s profile should be different from an agent’s profile. A buyer will be able to access home listings, view individual listings in detail, make inquiries, etc. Whereas the profile of an agent will be different from this. An agent would be able to see his own listings, schedules, list of interested buyers, number of views to individual listings, advertisement options, etc.
They can add some common factors to The features, such as maps and messaging, which can be accessible to all users.
3. Listings and Database
Property listing is another important basic feature of the real estate app. You have to display the list of available properties with all the necessary details in the listings
Any user looking to rent or sell their property should find it easy to add their property listing without any difficulty.
For this, you may need a large database in the future as property listings will continue to grow. There will be more users, and therefore, more listings in the future, so make sure the database or server is flexible enough to support scale-up operations. A strong database is extremely important for any real estate app.
4. Filters and Categories
Do you know what is the most cumbersome part of online property search? It has been estimated that it is the most cumbersome task for a user to choose the right property for himself.
So in order to make the property search process more simple for the users, you need to provide advanced search options to the users. Add categories and filters so that users can easily locate properties that best suit their needs.
5. Property Profiles
These profiles give detailed information about the property, such as descriptions, photos, videos, rich media, value details, value proposition, neighborhood information, owner details, and so on.
More than 80% of users decide whether to buy a home or not based on the information provided such as photos and videos.
In addition, the contact details of your property owner or agent are included in the property profile so that the user can interact with the property owner or agent according to him.
6. Favorites (Shortlisting)
The app should be one such feature to allow users to shortlist and save their favorite assets. Which helps them to make their decision-making process much easier.
As a result of which users can access their favorite properties with all the details in their personal profiles.
You can’t imagine a real estate app and another app without this feature. Integrating maps into the app can help you provide valuable information to end-users.
You can not only show the location of the property with the help of this feature but also display data and statistics related to selected properties. You can find location-wise information such as crime rate, infrastructure, nearby schools, average income, and risk of natural disasters on government websites.
An experienced real estate app developer will help you fetch this information from government records and display it on the map in your app.
How Much Does it Cost to Develop A Real Estate App?
Okay, so now you know what features to include in a real estate app, but now you must be wondering about the cost of building a real estate app. How much does it really cost to develop a real estate mobile app? Well, to be honest, there are many factors that affect app development costs.
Below we have listed the factors that affect the development cost of a real estate app:
- Features set
- Device (iOS and/or Android) and Technology
- Hourly rate of the development company
The hourly rates largely depend on the number of developers working in the mobile app development company as well as the location of the company. As an example, companies in North America typically charge between $50 and $250 per hour, while you can find several affordable options in Eastern Europe.
Appic Softwares are an award-winning web and mobile app development company with vast experience in building innovative applications for real estate businesses. All you need is a great real estate mobile app to take your real estate business to the next level. And, we really know how to build an amazing real estate app that comes equipped with user-friendly features.
Our team of skilled mobile app developers can help you turn your ideas into digital reality.
Connect with us to make your vision a reality.