Young people are the most technologically integrated generation yet. Technology is used in almost every professional decision as well as a huge part of their personal lives, so using technological solutions is something they aren't afraid to do. Ergo, online platforms are used for almost everything, so having a feature that helps users compare prices and save time is almost a must.
However, when it comes to Real Estate, it is still considered as the most complex buying-decision in most of our lives. Not only it is a high stake decision in terms of money involved, it even does not bring the transparency of what exactly you get in the money you spend. The picture of barren lands with no timeline of when the project will be handed over, adds more to the concerns of the first-time buyers.
Real estate developers have now started to understand the concerns and are bringing technology solutions which can attract such buyers. The latest VR and XR systems can enable potential customers to view and take a virtual look of upcoming properties from the comfort of home.
Foyr, a prop-tech company, based out of Singapore with offices in US, India & Europe is simplifying the process of creating virtual experiences in the real estate industry.
Read more here
Join us in Bangkok the 19th to the 22nd of March for the Property Portal Watch Conference.