The COVID 19 crisis could be changing the property market for ever. The trend at the moment is towards virtual real estate viewing at least at the start of a property search.
Due to the social distancing, a property inspection in the usual form was practically impossible in the past weeks. For many, however, the search for an apartment couldn’t be put off – and it didn’t have to be. Because numerous Estate agents have been using state-of-the-art technology for some time and enable virtual tours through apartments and houses. A trend that will become significantly more important in the future and will be accelerated by the current situation.
Virtual property inspection – what does that mean?
Visiting a property from the sofa? So far unthinkable for many of us. It was better to drive across town at rush hour to be on a property visit. The Corona crisis forced a rethink and underlined the relevance of virtual visits to apartments and houses. Thanks to sophisticated technology, many freestanding properties can be experienced realistically virtually – without you having to be there yourself as a prospective client. A click of the mouse on the object is enough to start the tour of the apartment or house!
What methods are there?
House inspection via live stream: When viewing the apartment via live stream, the Estate agent/consultant moves through the property with his smartphone at a fixed time and films all the rooms. If you are interested, you can click online and follow the tour in real time. A chat function usually gives you the opportunity to ask questions.
Tour with VR glasses: Real estate experiences can also be created regardless of time and location using virtual reality. As a prospect, you will be placed in a purely digital or simulated environment. That means you can also experience rooms or the view of an apartment that only exists on the plan. However, this requires special hardware, such as VR glasses.
What are the advantages of a virtual property inspection?Pictures give a first impression. However, they are unable to transport all relevant information. Nor can they provide a realistic insight into the property. On a virtual tour, however, this works quite well. As a prospect, you get a feel for the room layout, style and atmosphere of the property. Based on this, it is relatively easy to decide whether the house or apartment will be shortlisted or not.
What do you have to consider as a searcher?
Virtual tours are an enormous relief when probing. This enables you to quickly determine whether the property is fundamentally suitable for you or not, without having to be on site, so no wasted journeys. They are not a real substitute for a personal property inspection.