Businesses in this sector look for innovative ways to beat the competition.

Reports suggest that the global AR/VR in Real Estate Market will reach USD 1151 million by 2023.While VR offers a virtual tour of a property, AR can help you view the same property differently.

Real-estate businesses can showcase the same property as a home, an office space, or a fashion studio by altering AR projected virtual interiors.

With an AR and VR-based virtual tour of the property, property buyers no longer have to take the stress and travel long distances to get a basic view of the property they are considering.It thus helps real-estate customers/buyers get a better picture of properties located in any part of the world from the convenience of their homes.

Sellers no longer need to spend vast sums of money on costly interiors to attract buyers for their property as there is no need for buyers' in-person visits.

Moreover, virtual tours of the property can also be modified easily as per changing market needs.Thus, VR and AR enable overall cost reduction for real-estate businesses and remarkably enhance the return on investment (ROI) and brand loyalty.4.