Real Estate Apps: Worth the Investment? Discover the True Cost of Development!

Real Estate Apps: Cost of Development Revealed!
Abhishek Founder & CFO cisin.com
In the world of custom software development, our currency is not just in code, but in the commitment to craft solutions that transcend expectations. We believe that financial success is not measured solely in profits, but in the value we bring to our clients through innovation, reliability, and a relentless pursuit of excellence.


Contact us anytime to know moreAbhishek P., Founder & CFO CISIN

 

In 2022, more than 23% of real estate firms invested more than $500 per month in creating technological tools. Two of the most crucial business tools are the local MLS app and eSignature.

You may still use a single mobile real estate app to integrate these technologies. As real estate technology evolves to meet new issues and incorporate new technologies, app developers must keep up.

Tools for property management apps have been designed to professionally serve the market. These technologies streamline the procedure and make buying, renting, or selling simpler.

This essay showcases our knowledge. The varieties of real estate applications, functionality, and features for the ideal app, as well as procedures and procedures for producing a mobile real estate app, are all covered.


Why Real Estate Mobile App Development Is One of the Top Trends in the Industry

Why Real Estate Mobile App Development Is One of the Top Trends in the Industry

 

Real estate technology transactions totalled $7.3 billion in the United States in 2020. As of October 2021, according to Statista, it had more than 36 million monthly visitors.

This amount is astounding.

There is no space for error in a market that is changing quickly. You will only win the war if you can please every client.

A mobile real estate app could be a potent tool for you to use against rivals.


A Faster Sales Process

A customized real estate software solution can help agents speed up the sales process. The development of virtual tours for rental search apps would reduce the time it takes to show properties.

Documents can also be electronically signed and transferred to be located more quickly.


24/7 In-App Communication Channel

An app's 24/7 communication channel enables quick chats and cuts down on waiting periods.


An Experience that is More Rewarding for Customers

Customers will enjoy being able to store searches and favorite houses, get easy access to a mortgage calculator, view 3-D tours, access detailed local information, and much more.


Automating Routine Tasks

Many of the time-consuming jobs can be delegated by agents. Chatbots may rapidly respond to potential customers and generate leads by automatically filling out property details.

Homebuyers also profit from automation because they can submit offers and obtain paperwork immediately. They receive alerts about new houses that attract them as well.


Real Estate App Ideas & Types

Real Estate App Ideas & Types

 

A personalised real estate app can perform various tasks and fulfill multiple objectives. Before starting the real estate app development process, it's crucial to decide on your app's function, structure, and features.


Apps for Realtors

Realtors can create custom apps that cover basic features that make communication easier with clients. These apps allow you to access real estate documents and reduce the paperwork.


Apps for Managing your Household

These apps keep tabs on the availability of homes and apartments in the real estate market.


Apps for Property Listing

Property listing apps allow customers to access a list of available homes and apartments. They often give some basic details about each piece of real estate.

Creating a real estate app can be a brilliant idea that will bring in a lot of money for its creator.


Apps for Intelligent Home Access

These apps allow you to search for apartments and houses with innovative home features. This is one of the most popular trends among millennials.


Apps for Property Management

Property managers can see a summary of the state of their properties thanks to these property booking online solutions.

Viewing maintenance requests, rent due dates, and sophisticated analytics for their company could all be done via the app.

For instance, we developed the app Proper to make managing rental properties more accessible. It links landlords, tenants, and independent contractors to benefit all three parties.


How to Buy or Rent a Home

Using factors like price, location, amenities, and more, renters and purchasers can look for their new residence.

According to each user's preferences, the results will be filled with in-depth information about each listing.


Assistance For Real Estate Agents

This programme can be used for various things, such as client communication, document management, and streamlining the listing process.

This software can considerably lessen the agent's workload and improve their employment enjoyment.


Home Valuation

Real estate professionals and investors can ascertain a property's current market worth by using public and private data on housing trends and previous sales.

This data can be utilised to forecast home values in the future and identify the motivating elements.


Virtual Tours

By adopting 3D tours, agents and sellers may make the online viewing of properties feel more natural. Virtual tours are 32% more popular than homes without them, according to research by Zillow.


Must-Have Real Estate App Features

Must-Have Real Estate App Features

 

When selecting the features to include in your real estate app development, you must first consider your target audience.

Examining functioning is equally crucial. Now let's take a closer look at a few characteristics. Applications for real estate might target either clients or agents.

Below is a description of each feature in the real estate app.


Navigation and Street View

Similar to maps, users may have a better grasp of the area. Interested individuals can view the neighborhood from their computer using a Google Maps API without physically going there.


Advanced Functionality

Price range, location, listing type, and lot size options must all be included in search functions.


3D Virtual Tours

Virtual tours are a great way to make your home more appealing to potential buyers. Virtual tours give you a better understanding of the property and provide a more accurate view.


Save Search and Favorite Listings

Give consumers the option to store and make a list of properties or searches so they may return later. Agents can see their client's preferences and make comparable suggestions.

The user's profile provides access to these lists. Creating a mobile app to aid real estate brokers frequently includes this capability.


Property Cost and Mortgage Calculators

To simplify the procedure, they can acquire automated estimates from various calculators. The cost of a piece of property can be calculated using the down payment, taxes, and interest.

Monthly mortgage payments, taxes, and insurance are all included.


Feedback System

Homebuyers can depend on and trust their ratings. The app will be more trustworthy and transparent if previous users provide reviews for landlords or brokers.

Users can also leave reviews about their local area. This functionality can also benefit from the creation and upkeep of mobile agent apps.


Chatbot

Customers can use a chatbot or online chat to receive answers to their questions immediately. Users have the option to ask frequently asked questions and receive automatic responses.

Additionally, they will gain more knowledge about the subject without searching the app.


Augmented Reality (AR)

AR can be a benefit to both buyers and sellers. Users interested in customising their properties will love the ability to change wall colors and add new furniture.


Filters and Categories

Another option is to use filters and categories. This will make it easier for people to search. Make sure to understand your client's requirements and add them to the types and filters when creating a real estate app.


Databases

Any real estate software must integrate databases, significantly if it aids property search. With third-party applications like APIs, MLS data can be streamlined and customised to fit an application's format.


Real-Time Messaging

To communicate with one another, agents, homebuyers, and agencies should all have access to instant messaging. Sending emails, SMS, attachments, and files are all included in this.

We advise using the phone and video calls to expand your options for communication.


Calendar

Buyers can schedule meetings with their agents and viewings using a straightforward calendar tool. They may see the available dates through the rental listing app and reserve them.


Analytics

The business is dedicated to gathering and processing information on customer preferences and behaviors. The apartment search can be made more productive by analysing the data.


Personal Profiles

Agents can also benefit from a profile. A profile can help realtors describe their experience and features and attract potential clients.


Administrative Panel

This function is quite beneficial for landlords, agents, and property managers. Each party might track their revenue streams and add or remove listings.

A rental agency can access this panel to check past tenancies and request credit reports from future tenants. These aspects of real estate applications guarantee efficient management.

Want More Information About Our Services? Talk to Our Consultants!


Real Estate Application Design Best Practices

Real Estate Application Design Best Practices

 

As we have already mentioned, real estate app development is on the rise. You must follow specific trends to provide a great user experience for your customers.


Simplify Customer Journey

Users of real estate apps anticipate locating a home or apartment quickly and easily. The fundamentals, such as built-in filters or straightforward navigation forms, should be present in your programme.

For any real estate software, local information is crucial. You must ensure that your application's user interface is simple for your consumer to use and get this data.

The navigation panel can be expanded to include a map view. With a map view, you can also describe the object.


Gamification is a High-quality Art Form

When customers choose an apartment or home through a mobile app, they want to know as much information as possible about the item.

More than including pictures and videos is required. Many solutions are available thanks to contemporary trends to make the procedure interactive and more efficient.

By utilising AR and VR technology, you can give your consumers a distinctive experience.


MPA format is a Good Idea

Apps with multiple pages might help yours stand out. The SEO optimization of these apps is better. Additionally, it is simpler to incorporate analytics tools, evaluate pages, and gather other data required for future improvement.

Read More: What is the Difference Between the Real Estate Apps Redfin Realtor and Zillow?


Tech Stack: How to Create a Real Estate App

Tech Stack: How to Create a Real Estate App

 

A powerful backend is essential to build your real estate app. This list contains valuable tools that can be used to develop real estate applications.

  1. CoreData and Realm frameworks: manage a list of stored properties.
  2. Google Places API: provides details about local areas and neighbourhoods.
  3. FirebaseSDK or Apple Push Notifications Service: include push notifications.
  4. SimpleRets and iHomeFinder, SparkAPIs: Normalizes MLS data flows.
  5. Facebook SDK: integrates a Facebook sign-in option.
  6. Zillow API: provides access to Zillow neighbourhood information and listings.
  7. Mapbox and Google Maps API: is used to build custom maps.
  8. The Onboard Informatics Community Spatial Neighborhood APIs: provide information and demographics about specific districts.
  9. Java and Kotlin: are two types of Android development languages.
  10. Swift and Objective C: are two types of iOS development languages.
  11. Amazon S3: Cloud storage for listings

Developing Real Estate App

Any mobile real estate app can incorporate a bespoke engine. We made use of our knowledge of developing real estate mobile apps as well as industry best practices.

Specific steps may be sped up or skipped. It employs artificial intelligence (AI) to learn user behavior, virtual reality (VR) to create virtual tours, augmented reality (AR) to highlight features, a simple interface that anyone can use, a lifetime to make the online experience as real as possible, and automatically scoring rental applicants.

A ground-breaking tool that boosts real estate brokers' productivity

An app for mobile devices that offers crucial real estate features, including intelligent zones and customized notifications

This is the technology stack that was used to create Apartmani

  1. .NET
  2. NodeJS
  3. JavaScript
  4. React JS/Native
  5. Typescript
  6. AWS
  7. Kotlin
  8. Swift
  9. WebRTC
  10. Kubernetes
  11. Elasticsearch
  12. Azure

Real Estate Application Development APIs to Add

Real Estate Application Development APIs to Add

 

Developers of real estate apps (or realtor app developers) integrate specific APIs into their applications for buying, renting, and selling houses.

These are the top API integrations that real estate mobile apps use:

  1. Google Maps API
  2. API for Mortgage Payments
  3. Zilyo API
  4. Zillow API
  5. Points of interest API
  6. Yelp Fusion
  7. Community API
  8. SchoolDigger API
  9. Rets.ly
  10. SimplyRETS

These APIs are designed to provide basic functionality for any real estate-related mobile app. These APIs can change depending on what features you require for your app.

The more functionality you want to provide, the more APIs you should add to your programme. This is something that any real estate-focused mobile app development business will tell you.


Innovative Technologies You Can Use in House for Sale Apps

Innovative Technologies You Can Use in House for Sale Apps

 

You can employ various modern technologies when developing a mobile app for a realtor or real estate business. You might be curious about the following:


AI For Task Automation

AI can automate some consumer interactions as well as the collecting, processing, and creation of data for reporting and analytics.


AR/For Property Showings

With the use of a VR app for real estate, buyers will be able to view properties while reducing travel. They will be able to customize their dwellings with AR.

In our other article, you may read more about the price of developing VR apps.


IoT Technology For Real Estate

Streamline processes, engage customers more, and boost output. This can be accomplished by incorporating IoT into a real estate app.

To enable agents to unlock residences for showings remotely, Rently was created leveraging smart home and lock technologies.


Big Data

By analyzing and extracting information from massive data sets, decisions can be made using data. Big data can make it simpler to provide users with search recommendations and notifications by assisting in predicting their behaviour.


Mobile App Development for Real Estate: Challenges

Mobile App Development for Real Estate: Challenges

 

An app for real estate brokers that satisfies your company's needs must be developed gradually. The difficulties you encounter could affect the development process.


Market with High Levels of Activity

For years, the real estate market has been highly competitive and complicated. Development for mobile devices is not an exception.


Integration of Multiple APIs is Required

Even if you are developing an app for real estate listings, you will still need to integrate APIs to demonstrate the advantages of each object.


Expertise is Lacking

You may need to gain experience to create a real estate app.

It is better to trust professionals with experience in developing real estate apps. This will ensure a satisfactory result.

Read More: List Of Top Trending Must-have Features Of Real Estate App


Real Estate App Development Cost

Real Estate App Development Cost

 

The price of creating a real estate app may suddenly be on your mind. Since there are so many variables, there is no conclusive response.

There are several things to consider, such as the intricacy of the software you're producing, if you're outsourcing the labour and overall features.

Let's begin by outlining the main phases of developing a real estate app.


Web and Mobile Development

This is the initial phase of developing a real estate app.

Here, technology is implemented, beginning with the administration panel and progressing to the features and technologies you want to use in your application (e.g.

AR, chatbot, or push notifications).

It's crucial to keep in mind that more sophisticated features require higher development costs.

It would help if you also considered whether your app would operate on iOS or Android. If you wish to satisfy the expectations of customers on all platforms, cross-platform applications are preferable.

Web and mobile development costs about $27,000 and can take up to 900 hours.


UX/UI Design

Your target audience will value a distinctive UI/UX design that produces responsive user interfaces. All devices, including cross-platform apps, are compatible with a mobile adaptive real estate design.

The UX/UI design price is $6,000 for up to 200 hours.


Testing And Quality Assurance

It's crucial to test your product before making it available to the general audience. Both manual and automated testing will be done to ensure that performance is maintained and defects are eliminated.

Insight into programme usage will also be gained, and functionalities and user interfaces will be improved.

Price for QA: $6,000 for up to 200 hours.


Project Management

The project scope will be as narrowly specified as you desire, and project managers will ensure that all milestones are met.

Additionally, they can interact with clients throughout designing a real estate application and perform security checks to identify potential security problems.

Typically, project management consumes 10% to 15% of the budget. Based on our current projections, it will cost around $5,500.

A modest solution will cost between $25,000 and $45,000. Apps for real estate that are more complicated can cost up to $70,000 more.

The cost of creating a real estate app will depend on how complicated the project is.

Making complicated apps will require more skill and technology. Before you start building your bespoke real estate app, you can still acquire a pricing estimate.

For a cost estimate for your real estate application and a breakdown of what is included in the development costs, get in touch with us.


Experience

Experience

 

Cyber Infrastructure Inc understands the difficulties and complexity of creating real estate technologies. We can make devices powered by IoT or AI thanks to our more than six years of experience.


Case: Real Estate Association Mobile App

The French Real Estate Association approached us about developing a smartphone app that could offer up-to-the-minute details on homes that were up for purchase or rental.

We started this project because we have extensive experience developing real estate applications.


The Process

We started with market research and business analysis to decide what features and tools a platform must have. After that, UI/UX design and coding came next.

After the product launch was a success, we continued to offer maintenance services to the company.


The Solution

For the French Real Estate Association, we created an iOS mobile application that enables the communication between clients and agents.

It raises consumer happiness and the number of profitable transactions.

The following features were added to the product

  1. Real-time market section visibility with the ability to geo-locate or filter searches to find properties that match customer requirements
  2. Property descriptions added to the platform
  3. Real-time comparison tool
  4. Collaborations between agencies and agents
  5. custom zones option
  6. Notifications

These are the Results

More than 3,900 agencies presently utilise the software. The solution was also given the MobileWebAwards Best Real Estate Mobile Application 2020 honour.


Rently Mobile App

Recently, a digital platform that integrates IoT in Real Estate has been integral to property demonstrations. Recently reached out to us asking for the resignation of the product.


The Process

The app's most troublesome areas have been identified, and recommendations have been made to improve them. Simple registration forms and poor UX maps were just two of the issues.

Using market research and our real estate app development knowledge, our team took on the most challenging problems.


The Solution

We came up with these solutions to redesign Rently:

  1. Building the first wireframes
  2. New user flows
  3. Redesigning the visual layout

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The Result

The real estate sector presently uses Recently extensively. It is accessible in all significant US cities, and its demographic appeal is growing.

Our hardworking team offers a range of real estate software development services. We abide by local data privacy protection laws, rules, and regulations, as well as the GDPR.

Our apps are always current and accessible anywhere, at any time.


Develop Your Own Real Estate App

Develop Your Own Real Estate App

 

Thanks to mobile applications, renting or purchasing a home is now simpler than ever. All stakeholders engaged in the house search process, including brokers, consumers, and agents, can benefit from using these apps.

An excellent resource for home buyers is a professionally built real estate app. We attempted to explain this in our essay on how to make a real estate app.

Our team will ensure you are adequately equipped to enter and remain in the market by offering a competitive app.

We can assist you in realising the digital potential of your real estate app development company.