Everything you need to know if you want to build an app like Zillow
The real estate sector is getting a lot of traction in the digital world. The only reason behind this is the increasing usage of smartphones among users across the globe for the majority of tasks. Moreover, people have become more mobile now.
By this, we mean that when you observe your surroundings, you will not notice that someone is making a shift. Now, this shift is not just about moving to a new home, but to a new city or country.
Moreover, this change in the lives of people is now reached to mobile technology. Using apps such as Trulia or Zillow, it has become quicker and easier to buy or rent any house. But what is the fascinating thing about them and why you should consider developing an app like Zillow?
Let’s get straight to the point & review some statistics of the app:
- Zillow serves more than 195 million users across the globe and it earns a revenue of $1.3 billion via different conversation models.
- 80 million homes on zillow are updated by users.
- It consists of a database of more than 110 million homes.
As per the National Association of Realtors report of 2018, more than 73% of people use a smartphone, tablet, app, or a website to an app to search for a new home.
This indicates that the real estate business is making its presence online. Whether you are a real estate business owner or you are an entrepreneur who wants to enter into the real estate industry, then you should consider real estate app development.
In this blog, we will provide pointwise information about making an real-estate app like zillow.
Everything you need to know if you want to build an app like Zillow
Here is the list of different aspects that you should know before developing an real estate app.
Things you should consider while building an App like zillow
Clear UI/UX design
A real estate app more or less depends on the usability side; therefore, a clear and concise design should be the priority.
Effective Searching machine
This is another essential point which you should consider when building an app like Zillow. When people are searching for a home, they want to find a home as quickly as possible, and therefore you should integrate various benchmarks that ease their tasks.
You should include a prominent and organized library of photos in your app. This is essential as people will first view photos before making any decision.
During the development process, you should store all of your documents and stores in one place. For this, you should utilize NAR and MLS databases to enhance the streaming speed.
Features that you must integrate in your Real Estate App
Signup is the most essential thing in the majority of mobile apps. Therefore, you should include it in your real estate app also. This should be real-quick, and as soon as a user sign’s up, you should provide a smooth onboarding process that explains all the basics of your app. This includes different features of the app, type of navigation pattern, etc.
Advance search & Filter
With a massive amount of data present in a database, it is heavily essential to display it accurately. But, the main issue is to provide specific information to users in the best possible manner.
To display things in an enchanting way to users, you should include different advanced search and filters like location, price range, square foot, year developed, property type, extra facilities, and many more.
The users of the app want to know in detail about their neighborhood before selecting a property. This can be done by integrating maps into your app. The map will provide details about various things located near the property, such as:
- Crime rates
- Local population
- Schools, colleges, & hospitals near the place
- Opinion about the neighborhood
Details about the property
Users of the app always want to know more about any property; therefore, you should provide enough information about it. This includes different things such as type of property, address, photos, area, address, lot size, and much more.
Video tours can be integrated into apps based on streaming and imaging technologies present in the market. A properly scripted and professionally shooted video should be integrated into the app to provide video tours. This will save a vast amount of time for users and they will get a clear idea about a particular property.
3D VR Tours
There are a lot of properties that are under construction. If a user wants to buy something that is still not developed fully, then you can provide a virtual presentation about the property. You can include a video about any property in the app which a user can watch from any part of the world.
In any business where you have to handle a huge amount of information, databases play a vital role. In the case of a real estate app, you have to continually add details about different properties, owners, agents, and many more. Here, you have to utilize an extensive database which can store all these details. To achieve this, you can include either NAR, MLS, or any other third party database.
With the help of push notifications, you will be able to keep current users of the app engaged and also attract new users to the app. You can send push notifications about different things like new property updates, the price drop in a property that a user liked or saved, or anytime there is an update in current property.
With the help of this feature, users can check which properties they have looked at in the first place. This option looks similar to the “Add to Cart” button present in an eCommerce store.
How much does it cost to develop an app like Zillow?
The cost of developing a real-estate app depends on a lot of things such as the location of the development team, size of team, technology on which you want to build an app, backend, and many more. In general, the cost of developing a fully-functional real estate app ranges between $10,000 to $50,000 and more.
How to monetize your real estate app?
After developing a real-estate app, it is considered worth only when you can generate profits. However, you think about monetizing the experience of the users without affecting the user experience. Some common ways to monetize real estate app are given below:
This is an identical method of monetizing that is used by a majority of apps. With this method, you will earn revenue either from total views or taps.
Using this model, you can keep your app completely free. Also, the higher the audience, the higher the revenue you can expect. The main drawback of this model is the adverse effect on its UX. Therefore include a limited number of ads.
Zillow is using this model. It gives freedom to real estate agents and brokers to promote their services at a specific price directly to prospects. By doing this, users will not see any irritating ads. Ads will only be shown to customers who are ready to do a transaction. The ads will be showing profiles of any brokers or agents who are particularly working with a property for buy or rent.
This is yet another popular way of generating revenue from the app. Using this model, the app will be available to all the users with some primary features & functionality. In case users want to access more features, they have to purchase a premium version. This premium version will be free of ads.
Wrapping it Up
Before putting your idea in front of the public, you should have a brief idea about your real estate app. For this, you can refer to the competitor’s app in the market. Moreover, you can present your idea to a professional real-estate app development company; they will provide the most unique and innovative solution for your project at an affordable cost.