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Overview

The Real estate industry is buying and selling land along with buildings and houses. A Real estate is a form of real property. Real estate businesses or real estate agents sell the property to buyers.

Investing is involved in real estate. Real estate investing involves the purchase, ownership, management, rental, and/or sale of real estate for profit.

Investors can make money in real estate by becoming a landlord of a rental property. People who are flippers, buy up undervalued real estate, then fix it up, and sell it for more.

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Innovation In Real Estate

Zillow: Website & App

  • Zillow is the leading real estate and rental marketplace dedicated for consumers to buy a home, sell a home, and rent a home. Consumers can enter an address, neighborhood, city, or ZIP code to find houses to rent and buy.
  • They have 36 million unique members every month.
  • Zillow was founded in December 2004.
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    Matterport: Camera & App

  • Matterport Pro2 Camera is a three-dimensional camera system you can use to create realistic, fully immersive experiences. The camera delivers high-quality 3D scans that produce extraordinary 3D tours.
  • Matterport had raised just under $63 million before this and had been valued at around $207 million, according to PitchBook estimates.
  • Matterport was founded in 2011.
  • Matterport Capture app allows you to make a 3D model Dollhouse View Tour of any space, from a room in a home or hotel, to an entire office building or factory using a 3D camera (Pro2 3D Camera), a 360° spherical camera, a lidar camera, or your iPhone or iPad!
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    CINC: Website & App

  • Allows you to find the hottest houses on sale.
  • You can make deals on the houses anytime, anywhere.
  • Grow your Real Estate Business on the app.
  • CINC leads have already sold 177,000 homes last year.
  • CINC was founded in 2011.
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    Our Furure Tech Innovation For Real Estate

    Possible solutions are making an app/website where it gives virtual house tours that the Real Estate agents are selling/ marketing to the buyers. There’ll be 3D house tours on the app & website. Including house tours in VR for the app specifically, making it feel like you’re touring the actual house in person. It’ll be a lot easier and efficient when it’s virtual with 3D house tours, where you can move around the house on the app & website. At the same time with having a VR (Virtual Reality) exclusive tour on the app ONLY, connecting your VR headset, and getting the full experience of a house tour all at your own HOME!

    You can still look through houses and see the tour of the house, but it’s virtual and you can even do it on your couch! Especially during this global pandemic, it’s extremely easy to spread the virus (COVID-19), mostly affecting Real estate agents trying to sell their house(s) to buyers but aren’t getting many customers because of social distancing rules.

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