Real Estate App Development: Types, Features, Cost Breakdown & Step-by-Step Process
The traditional way of searching for properties in newspaper ads has been replaced by real estate apps. With smart real estate apps, now you can connect with realtors and make the deal. The Deloitte Centre for Financial Services reports that 34% of real estate companies have embraced technology, 30% are moving towards modernisation, and 27% still use old systems. Just 5% of businesses have updated their systems to use cutting-edge technology like AI/ML in real estate applications.
Unlike other industries, the tech landscape is also growing. Why are you still following the traditional process of listing properties when you have the smart techniques? According to a survey, 74% of prospective homeowners begin their online property research using smartphones and tablets. Investing in a real estate mobile app development company is a game changer for business. Read the below guide if you are going to develop a real estate application soon.
Types of Real Estate App
Property Valuation application
Apps for property evaluation by real estate mobile app development companies determine the precise value of a single flat or house for sale. They rely on data obtained from the proprietor or other internet sources. Businesses and real estate agents may create applications with useful features to engage audiences with the aid of a real estate mobile app development firm.
Apps for Real Estate Investment
Cryptocurrency and equities are not the only ways to invest. One of the earliest types of assets that evolves over time is real estate. In addition to searching for and purchasing real estate, people are thinking about investing in it. To determine the worth of real estate, they do their own investigation and study. People may become full-fledged private property investors with real estate investing applications.
Apps for property management
Navigating numerous homes may be difficult, but property management applications make it effortless. This kind of real estate software really serves as a digital assistant, easing communication between landlords and tenants and adding transparency to the renting process. Tenants may pay their rent online, request maintenance, and more with the ease of mobile access. However, automated procedures like rent collecting, financial tracking, and other property management tasks are advantageous to landlords.
Apps for lending and mortgages
Numerous financial institutions provide cash or other forms of financial assistance to consumers via these applications. Depending on their company needs, users may select a lender, determine the sort of loan they want, and filter among a variety of loan possibilities.
App for the Property Marketplace
Building a marketplace with all the characteristics needed for purchasing, selling, and renting homes is considered possible by real estate companies. When the general public thinks of a real estate or property app, they think of this kind of software that caters to everyone’s demands.
Key features of the Real Estate mobile application
Onboarding of users
A seamless onboarding experience is the first step to a successful app. Users are more likely to spend time on an app if it is simple to sign up for. The registration and signup procedure should be easy for users to complete when they visit your app.
Adding Search filters
Alternatives like search filters and categories make it easier for users to search and locate properties that meet their requirements. When selecting real estate mobile app development, make sure you understand the elements that your clients find most appealing so that you can seamlessly incorporate them.
Interactive Map View
Users may locate properties as well as neighboring sites and services with the use of an interactive map. By giving consumers a precise perspective of the region surrounding the property, the tool improves the browsing experience.
Detailed Property Listings
To assist buyers or renters in making well-informed selections, incorporate comprehensive property listings into your real estate mobile app design. These should include information like location, area, number of accommodations, amenities, pricing, and more.
Mortgage Calculator
By calculating possible monthly mortgage payments depending on the home’s price, down payment, interest rate, and other financial variables, mortgage calculators assist users in creating a budget. It’s an extra function you may include to make your consumers’ life easier.
Call or Chat Options
Provide phone and chat capabilities so users may get in touch with operators fast. Users will be able to respond to enquiries and make choices more quickly as a result. Direct communication will enable people to get in touch with one another and receive the help they need right away.
Breaking down the cost of Real Estate mobile application
You may be wondering how much it costs to create an app right now. When evaluating the cost, there are a number of aspects to take into account, which are listed below:
• Web and Mobile Development
The more sophisticated the features you want to include, the higher the development costs will be. The platform your app will operate on, such as iOS or Android, should also be taken into account. It is better to create cross-platform apps that are compatible with every device & OS.
• Design of UX/UI
A distinctive UI/UX design will provide responsive UI and positive user experiences by examining your target audience.
• Quality and Testing assurance
Before releasing your product to the public, it is vital that you test it. Testing, both automated and manual, will ensure that there are no issues left and that performance is unaffected.
The cost of an easy solution might range from $25,000 to $45,000. The price of advanced real estate applications by app development companies might reach $70,000. The intricacy of the project will determine the total cost of creating a real estate mobile app. The more complex the application you want to create, the more technologies and expertise you’ll need.
Step by Step process of developing Real Estate Mobile application
• Decide your requirement
Determining the needs and advantages of corporate real estate applications is the first step. Understanding the business is achieved by defining its characteristics and functionalities, determining its target market, and using intelligent technology.
• Hire a real estate app development company
Hiring a real estate software app development company is the next step. Businesses must carefully analyse an app development company’s portfolio, evaluations, and prior work before employing them. You must engage them for your real estate app as soon as you are happy with their level of knowledge.
• UI/UX design
By guaranteeing methodical market and competition study, the skilled UI/UX design team helps real estate companies wireframe the app layout. The designs should be seamless, information-accessible, and easy to understand
• App development
The process of developing an Android, native, or iPhone app starts as soon as the UI/UX design is complete. A real estate mobile app development business uses agile development approaches to guarantee a methodical and systematic approach, from integrating third-party APIs to adding intelligent features.
• Assurance of Quality and Implementation
The next stage of creating a real estate app by an app development company is checking the application for faults, and resolving problems. The application is prepared for deployment and user presentation after it shows no faults or performance problems.
• Maintenance and Assistance
In order to guarantee seamless operation, real estate apps need to be regularly maintained and supported for issues that appear later.
Summary
The need for user-friendly, feature-rich apps has never been higher, even while technology is still changing the real estate sector. With the increasing number of real estate companies, you need to develop an application that holds people’s attention & achieves maximum deals. Well, that’s only achievable if you work with a real estate mobile app development company that has years of expertise in creating apps, gives seamless user experiences, and offers 24/7 support.
