The on-demand economy with its uber-like apps is disrupting the market. Recently uberisation reached the real estate market as well. Traditional real estate agencies soon will be the thing of the past with Uber Real Estate App, bringing the commission significantly down.
Millennials, who used to buy and check on things with their smartphones before actually buying something, are purchasing their first properties now and that is why the real estate market needs a change.
Traditional real estate agencies kept their interest very high and often employed under qualified realtors who didn’t act very professional. Uber Real Estate, on the contrary, claims to reduce the transactions fee by up to 50 percent.
You will never again pay a full commission using Uber Real Estate
Brent Ritz
Unfortunately, the real estate market wouldn’t work completely without intermediaries, so we can’t say goodbye to real estate agents. Uber Real Estate claimed that they employ only highly experienced and qualified realtors with at least 10 years of experience.
But Uber Real Estate is not the only app in this category represented on the market.
Redfin allows users to search for all kinds of properties around a certain location and to track new homes that hit the market.
Homes.com has a detailed search feature and a built-in calculator of rental or mortgage payments.
Trulia app not only provides advanced search through listings but also local information about crime situation and video tours. All of these apps belong to the agencies, so you won’t see the on-demand economy in action here.
Apart from real estate apps, virtual tour apps like iStaging, Tourwizard, My360, and others are represented on the market. Thanks to these apps house-hunters don’t need to visit every property they are interested in personally, which saves both time and money.
As we can see, the real estate market is not being truly uberised but we do believe that a start has been made.
How much does it cost?
To make an Real Estate App you need designers, developers, business analysts, project managers, and hard work by many professionals. Usually price for such Real Estate App starts from 30K per one platform (iOS or Android) and it can increase, depending on the company you will choose. However, as we have ready-made developed modules as well as extensive experience making such applications, our prices are lower. We may deliver your own on-demand app with unique design developed specifically for your Real Estate Business for only about 10K.
We have been developing Real Estate Applications for a long time. Thanks to this we accumulated a huge base of knowledge, expertise, and even ready-made MVP. Using such modules, we reduce app cost down to the most affordable on the market.
Have an idea for Uber for real estate?