Mobile apps have reshaped the real estate industry with digitization and emerging technologies. Time has gone when people used to sweat all day searching for homes, flats and accommodation facilities. Today, anyone can easily find a house, apartment, or flat for rent or purchase with just a single click.
A report released in 2019 by the National Association of Realtors in the USA suggests that 80 percent of millennials and 78 percent of Gen X searched for their real estate property on a mobile application.
In the current digital transformation age industries are turning to the mobile-first approach. The real estate industry has good potential to drive the benefits of mobile apps. If you also have a platform for real estate app development, this article will give you a quick and brief idea of how to develop a mobile app for real estate.
Why Develop a Real Estate Mobile App in 2022?
Mobile apps are an extremely useful digital solution for the real estate industry. It helps both real estate agents and customers. Realtors can easily post their properties online with attractive pictures and customers can explore all the listed properties with pictures and required information to make the right selection of the property.
It not only saves immense time and effort for both parties but also gives them faster and easier access to a common marketplace. Real estate mobile app is a boon for homebuyers who want a reliable and cost-efficient way to buy or sell real estate properties. Here are the below benefits that prove why business people want to create a mobile app for real estate in 2022:
- Faster access to customers
- High customer loyalty
- More successful deals
- Real-time communication between agents and clients
- Good marketing opportunity
- Reduced cost of advertising
- Advanced analytics
- Better Business processes optimization
- Brand recognition and awareness
How to Develop a Mobile App for Real Estate
1. Decide the Type of Real Estate App
Real estate app development offers many types of apps. You can include it in your business model as per project requirements. This industry has a certain target audience: homebuyers, renters, sellers, flat owners, landlords, and agents.
Hence, you don’t have to scratch your head on deep market research and customer segmentation. But the type of mobile app you choose certainly impacts your business prospects. So choose the type of real estate app as per your business goal. Here the those
- Property Management App
- Real Estate App for Agents
- Mobile app for Buying, Renting and Selling Properties
- Real Estate Investment App
2. Choose the App Features
Since you already know who your target audience is, it won’t be difficult for you to decide what feature you need to build. There are mainly two key players in this industry so accordingly create features that help use your services seamlessly.
- Signup and login
- Property information
- GPS map
- Search and filter functionality
- Real-time chat
- Push notification
- Mobile payment
- Mortgage calculator
- Virtual Tour of the property
- Real-Time chat
- Personal Profiles
- Property listing management
- Image filters
3. Select the Tech Stack for Real Estate App Development
Real estate apps require simple to advanced features. You need to integrate mobile payment facilities, APIs, Maps, and other features to provide the needed services to users. Therefore, you will need to choose the right tech stack for developing your mobile application. The below are required tools and frameworks that you can use for real estate mobile application development.
- Cross-platform app development: React Native, Flutter
- Programming language for Android: Java or Kotlin
- Programming language for iOS: Swift or Objective C
- Cloud storage: Amazon S3, Azure,
- APIs: Zillow, Google PLaces, Simplyrets, iHomeFiner, Spark APIs, Google Maps
4. Develop and Launch
After choosing the tech stack, you can start your mobile app development process and build an MVP to check whether all the features and functions work out best per the defined parameters. Once you validate that the app perfectly meets the user’s requirements, you can launch it on the app stores.
How Much Does it Cost to Develop a Mobile App for Real Estate?
The cost of creating a mobile application is not a straightforward answer. It depends on several factors like location of the mobile app development company, per hour rate, number of features, the complexity of the app, and so on. However, the average cost to build a mobile app for the real estate industry ranges between $25,000- $45,000. If the app is advanced then cost may go up to $70,000.
Developing a mobile app for real estate provides immense benefits for both agents and customers. As the real estate industry is getting more advanced in combination with IoT and AR/VR, a mobile app can help you take great advantage of this promising sector. And if you want to assure your success, collaborate with MobileCoderz, a highly experienced mobile app development company that can build you a powerful real estate app with rich features at cost-efficient rates.
Erma Winter is a senior mobile app developer at MobileCoderz, a leading android app development company. Over the years, she and her team have delivered dozens of real estate applications with the latest tools and technology. Apart from her professional life, she takes a keen interest in surfboarding on the beach and playing with dogs.