Why look at a picture when you can walk through it instead?
Virtual reality (VR) and augmented reality (AR) are two terms that you’d usually encounter in entertainment, specifically in gaming. Who would have thought that it would come handy, too, in the world of real estate?
VR is, in fact, becoming more popular in the real estate market. Some have started offering clients 3D virtual property tours right on their laptops or tablets. And since 3D virtual tours are more attention-grabbing and engaging, real estate agents turn to these for that extra edge when marketing their listings.
Creating a virtual tour of a home, however, is more pricey and complex. These 3D cameras are not only more expensive—the process is also more time-consuming. This led Simon Gemayel, chief executive officer and founder of HomeSpace360, to utilize smart phone technology to create, share and display 360-degree content in 2D and 3D, at a fraction of the cost.
“Technology is the great equalizer. And we want to enable all realtors by democratizing immersive virtual tours through user-friendly technology,” said Gemayel. “With HomeSpace360, we use smartphone technology to bring high quality 3D virtual tours within reach of every marketer.”
HomeSpace360 is an app designed to be a more affordable alternative to a 3D camera for creating deeply engaging virtual tours. Together with the HomeSpace360 Cloud, property marketers can now promptly and economically capture, distribute and visualize properties in 2D and 3D. The all-in-one mobile app can create high quality 8K 2D and 3D photographic and video VR experiences directly on a smart phone.
Brokers who subscribe to the HomeSpace360 app are sent a kit which includes a mobile VR viewer, battery-free smart phone rotator, lightweight tripod and an high definition fisheye lens for 3D capture. It is all that a broker needs to create and share high quality 360 virtual tours immediately.
“With our technology, marketers can easily transport their clients to 10, 20, even 30 properties in an hour,” Gemayel added.
Shang Properties senior property specialist Ehryq Young attests to the convenience of using the HomeSpace360.
“HomeSpace360 saves me and the client a lot of time. The client doesn’t have to actually go to the unit,” Young shared. “The client can even see the details of what’s in a particular area of the unit with the HomeSpace360.”
“It’s exciting to see partners like HomeSpace360 create democratizing solutions to today’s problems with Microsoft technology. Microsoft Partners such as HomeSpace360 are at the center of our digital transformation as they continue to enable our customers to achieve more,” added Eileen Ong, Microsoft director of commercial partners and small medium corporate business units.