| | SEPTEMBER 20209Virtual tours This new development proved to be a sheer boon when the en-tire world was grappling with a pandemic that had restricted hu-mans within the confines of four walls. Under this system, agents can provide their clients with an immersive three-dimensional ex-perience of the property without actually visiting the site. By wear-ing a simple VR head-set one can view numerous properties within a short time-span. Further, such visits enable one to make an in-formed decision free from varied geographical barriers. Virtual staging Visual appeal has been given par-amount importance by developers across the board. The concept of virtual staging allows sellers to add furniture and other wishful items which make the property soothing and attractive to the eyes of the buyers. It is the best method to convert a potential home into an apartment, giving the client an actual look and feel of how their personal space will look.Virtual commerce This idea can be called a lucrative element that walks hand in hand with staging. While adding fur-niture and fixtures helps in leav-ing a long-lasting impression, it also boosts the sale of ancillary offerings along with allowing homebuyers to customize their space. This can be achieved by in-tegrating an online store with the staged elements. Apart from the above-men-tioned aspects of an industry empowered by AR-VR, there are several other areas where this technology has been seamlessly included, such as architectural visualisation, virtual interactions, virtual instructions, and others. The main aim of all these services is to provide buyers with an un-matched experience and unparal-leled benefits, some of which are listed below- Saves time Time is the most precious thing known to mankind, and thanks to virtual reality both the parties ­ the buyers and sellers can curb the wastage of time which hap-pened in the past due to hectic traffic jams and distance between two properties. Further, with the buyers of today always work on a restricted timeline, it is difficult for them to adjust their schedule for every property visit as tim-ings tend to vary. However, virtual tours allow them to view the prop-erty anywhere at any time without any such hindrance. Expands reach Back in time, when real estate agents had to carry out all the tasks manually, it consumed their maximum time, consequently al-lowing them to work with only a limited number of clients. Howev-er, as solutions driven by AR-VR came into existence they eradi-cated all the barriers in terms of time and location, realtors can now showcase their offerings to potential buyers residing in re-mote as well as international locations; ultimately leading to extended outreach. Pocket-friendly The idea of adopting VR might seem like an onerous investment, but this notion is incorrect. Usage of elements such as 360-degree view and guided tours from one location helps realtors in curb-ing the amount spent on contin-uous travelling to and fro several locations. Further, with the help of virtual staging one can depict how the property will look after making customised changes with-out actually making them. This facility plays a prominent role in keeping the costs low. Emotional connection The inclusion of AR-VR opens doors for limitless possibilities. It is a thrilling experience to view one's dream house for the first time the way it is imagined. When this activity is merged with techno-logical disruptions then every sin-gle imagination of the buyer can be converted into a reality. With virtual tours, commerce, guides, and staging realtors can develop an emotional connection between their clients and the property. Finally, the transition of an apartment into a home not only fills the buyer with delight but also provides them with a sense of ownership and belongingness. With these path-breaking innova-tions coming into play, the realty market has achieved great heights. From here on, one can only won-der what more enchantments will come forth? Rahul Grover
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