Streamlining the homebuying process through virtual reality
The idea is to leverage virtual reality technology to provide immersive home tours and streamline the homebuying process. Buyers can remotely explore properties, virtually stage interiors, and even visualize renovations. This taps into the frustration of limited time, travel constraints, and the difficulty of picturing oneself in a potential home. The market size of the global real estate market was estimated at $340 billion in 2020.