Octulus Rift, Google Cardboard or Samsung Gear VR? Is the future of property VR?

Octulus Rift, Google Cardboard or Samsung Gear VR? Is the future of property VR?

So, virtual reality isn’t exactly something new, but one thing is clear – VR is revolutionising the way we view properties and it does look rather exciting.

So what exactly does VR have to offer?

Could you imagine viewing a property that is hundreds of miles away from you or one that is yet to be fully constructed? Or how about having the capabilities to view ten houses in the same time it would take to travel and view one? These are some of the many benefits of VR for your agency. Virtual Reality offers viewers an insight into a property that simply cannot be shown by floor plans and photographs. Using Virtual Reality gives you a strong representation of a property in terms of the capacity of the house and its layout. Property marketing is undoubtedly enhanced with the use of Virtual Reality and we can expect to see more developments in the new year with Stats like these from VR Summit.

The Rise of VR

Virtual Reality has become one of the most exciting tool for property experts, and is expected to kickstart an era which will have technology at the forefront of everything. The thought of being able to collaborate the digital world to the physical world is no longer a far-fetched dream, it’s here and here to stay. Large brands are paying close attention to virtual reality, as numerous VR devices such as Octulus Rift, Samsung Gear VR and Google cardboard continue to make huge waves across several different industries. The potential of VR is huge and is likely to grow exponentially.

Why are we so interested in VR?

The media attention circling VR illustrates just how excited people are about VR, People are licking their lips at the prospect of using VR. The possibilities it brings combined with the time and money potentially saved is a very attractive proposition for the public. As technology continues to grow rapidly so does the demands of people who who want choice and accessibility. They want to be in control and have the ability to view properties when they want, wherever they may be. The thought of spending less and seeing more is an huge incentive for potential home-buyers and virtual reality provides this along with added engagement for house hunting.

What applications are we starting to see within the property industry?

There are many applications currently trending in the property industry, the one that seems to be making the biggest impression is Octulus Rift, priced around the £600 pound mark and owned by Facebook. A cheaper alternative would be Google Cardboard where you can hook your smartphone to a google cardboard to access virtual views for just under £20. Going back to a more flashier application, Samsung Gear VR can be purchased anywhere from £50-120, depending on the model.

Why should you use VR in your business?

Virtual Reality might have been seen as an speculative idea with not much purpose behind it, but that is no longer the case. More and more businesses are trying to find ways to formulate virtual reality into their strategy, with the hope of giving clients, customers and employees a better experience. VR completely immerses customers, it empowers viewers to see a product in action so they get a better feel before committing. Gone are the days where you would need to pay a manufacturer for a proposed design. Now you can just create a virtual model of your product and make changes before paying for production, saving a lot of time and money in the process.  

At Estate Apps, we are always ready to guide and advise people when it comes to digital related topics. Even though, we do not provide VR services ourselves, we would be happy to help get the word out about your agency and mention just how forward thinking you are. If you are unsure on what to do as agency or have any more queries about VR, do not hesitate to get in touch, we will be more than willing to help you stay ahead of the game!

By Alex Evans, Estate Apps.

 

Alex Evans

You May Also Enjoy

Letting Agent Talk

Landlord returns reach almost 7% in some areas

Landlord returns reach almost 7% in strongest rental markets, but protecting those returns is just as important as generating them   The latest analysis by The Letting Partnership has revealed that rental yields are reaching almost 7% in England’s strongest-performing markets, but the firm has warned landlords that generating a healthy return is only half the equation,…
Read More
Letting Agent Talk

Portfolio landlords now control almost half of England’s private rentals

A changing landlord landscape is being shaped by wealth creation, lifestyle flexibility and a more professional approach to property investment. A new generation of investors are entering the market driven by long-term wealth creation, lifestyle flexibility and a more business-minded approach to property ownership, according to John Minnis estate agents. While the latest English Private…
Read More
Rightmove logo
Breaking News

Commuter growth peaks in the north as Manchester and Glasgow lead the way

New analysis from the UK’s largest property platform Rightmove, reveals the commuter hotspots around six major cities where average asking prices are rising the fastest Affordable commuter locations around Glasgow and Manchester lead house price growth Falkirk, Stirlingshire, has the highest price growth at +13.5%, with an average asking price of £183,596 While asking prices…
Read More
Estate Agent Talk

Castles, cottages, vineyards and barn conversions

The latest data from LandSale has revealed what buyers can expect to pay, and how much they can get for their money if they want to escape to the country, with castles, vineyards, barn conversions, and cottages currently offering very different routes to rural living. The analysis draws on LandSale’s internal listing data and examines…
Read More
Breaking News

Poor property maintenance could wipe £59,000 in value

The latest research by property management specialist, Rushbrook, has revealed that landlords who fail to adequately maintain their rental properties could see as much as £30,172 wiped from the value of the average buy-to-let investment across England, with this potential loss climbing to almost £59,000 in London.   Rushbrook analysed landlord-specific property values across each…
Read More
Breaking News

Breaking Property News 20/8/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   Why Angela Rayner Housing Secretary is in the wrong job – again   A smile, bluster and vague soundbites will not solve the UK housing crisis  Thought Leadership by Andrew Stanton – CEO Proptech-PR  ‘I have been involved in the UK property industry since the mid 1980’s…
Read More