We are starting to see VR tools move into the real estate industry beginning with new developments and then filtering their way down the pipeline to your average listing. It’s interesting with all of the technology that we have at our fingertips that the average listing does not even have a video tour and the majority of the rental listing photos are taken with an smartphone. This delay in embracing new technology by the majority of the Manhattan real estate brokers is nothing new.
With international buyers searching Manhattan properties from all over the world and in many different time zones, having a video tour or 3D tour that can be navigated by the buyer (similar to Google maps) is an ideal 24 hour sales tool. Having only professional quality photos plus a 2D floor plan is akin to putting an ad in NYT and holding open houses. It might have been the tools that worked 15 years ago but times have changed.
Take a look at the video tour that was done for 189 Edgecombe avenue, a Harlem townhouse that is in contract. Video tours are an ideal way for buyers to get to know a property before they see it in person as well.