Tech Revolution Set to Transform American Property Trends
Virtual Reality and Augmented Reality in Real Estate
Virtual Reality (VR) and Augmented Reality (AR) are revolutionizing the way properties are marketed and sold. These technologies allow potential buyers to take virtual tours of homes from the comfort of their current location, saving time and resources. This is particularly beneficial in the luxury market, where international buyers can now view properties without the need for travel. According to industry reports, 77% of real estate professionals believe that VR can help close deals faster2.