The concept of marketplaces has revolutionised the way products and services are consumed by the world population. The advent of on demand marketplace availability, has been like a Tsunami flooding over one industry sector after another. This has started a trend of aggregation in the traditionally personalised businesses like real estate listings, sale and purchase. Real estate marketplaces not only enables you to find accomodation, but also list your property for sale. Online marketplace platform connects right customer with right house. Property details that were only accessible through real estate brokers are now available at one-tap on smartphones.
The market leader for real estate industry is Zillow. It is dedicated to empowering users with data, inspiration and knowledge around the place they call home, and connecting them with the best local professionals who can help.
Developing application like Zillow can help people rent or sell out properties and make them meet people who are looking for accomodation. Application users can even search for accommodation using smart filters that helps define their accommodation requirement. Users can have list of rental properties based on their budget, location preference, amenities and more. And hence you can’t just let your users connect with you but also provide them real time assistance to locate the best properties for their needs.
The real estate businesses are evolving. If you are planning to develop marketplace for your real-estate business then you can be benefited by studying the business model of Zillow. Following are some key points how business keep growing:
Premium services at 10$ per month for real estate broker
Rewarded advertisements for premium property lenders
Compensated Ad
If you are the owner of an real estate business, you already are aware about the importance of bringing innovations to your business for staying in the competition.
The estimated cost of developing real estate marketplace platform will be in the region of $35k-40k. Let us have a look at the features users will be able to avail on real estate marketplace :
| System Users | User App | Renter App | Super admin |
|---|---|---|---|
| Basic Features | Register/Login | Register/Login | Login |
| On-boarding screens | On-boarding screens | User Management | |
| Advance Property Search | Multiple Property Listing | Manage Renters | |
| Map Integration | Manage Property Details | Manage Properties | |
| Mortgage Calculator | Upload Property Images | Filter Properties | |
| View Property Details | Upload property tour in 3D VR format | Sort Properties | |
| View Property Images | Upload Digital Documents | Access Digital Documents | |
| View property in 3D VR | Push Notifications | Send Push Notification | |
| Social Sharing | Reviews and Ratings | Manage Rating and Reviews | |
| Push Notifications | Manage Profile | Manage Subscriptions | |
| Reviews and Ratings | Subscribe Premium Package | Manage Advertisement | |
| Manage Profile | |||
| Cost for online real estate marketplace application | USD $35-40K (For iOS + Android + Web Admin + Web Services) | ||
Smartphones are making lives easier than ever before. Real estate businesses can take advantage of growing reliance on smartphones with mobile app development. It can help real estate business attract more users to buy and sell their properties.
We have extensive experience in developing demand marketplace platforms for various industries. A classic development team for real estate marketplace can consist of:
It is vital to get in touch with the best app development company that has the expert consultants, Mobile and Web developers. Only the best will be able to help the purpose of entering the market with the right strategy along with the best online real-estate marketplace application having flawless UI/ UX and standout features. Hire our IT solutions experts because:
End-to-end app development, business analytics and product management.
Guaranteed app approval from Android and iOS app store.
Highly efficient testing policies.
Strategic features.
Affordable estimation costs.
Being the top mobile app development company, Let’s Nurture has rich portfolio in developing custom web and mobile applications on all platforms, for all industries including Real Estate. Please click on the link here for a similar client project
This is absolutely possible to integrate on demand taxi booking service feature in real estate marketplace application development by using Uber or Lyft APIs. Using this, users will also have an option to book a taxi to visit properties they have viewed.
Have an !dea to develop an app like Zillow?
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