Executive Summary
- Client: A leading real estate platform based in Europe.
- Challenge: Slow property sales due to limited in-person visits and lack of immersive property exploration.
- Solution: A Native mobile application (Android & iOS) with 360° virtual tours, AI-powered recommendations, and seamless booking for property visits.
- Results:
- 50% faster property sales cycle.
- 40% increase in virtual tour engagement.
- 25% increase in qualified leads.
“American Chase transformed the way buyers explore properties, making decision-making faster and more engaging.”
– Head of Digital Strategy
Client Background
Who They Are
A real estate platform that connects buyers, sellers, and agents across Europe. They specialize in high-end residential and commercial properties, helping customers make informed decisions through digital innovations.
Pre-Challenge State
- Property sales relied heavily on physical visits, leading to delays.
- Buyers struggled with inconvenient scheduling and travel limitations.
- Real estate agents faced high drop-off rates from uninterested buyers.
“Our agents wasted hours on property visits that never converted. We needed a digital-first approach.”
– VP of Sales
The Challenge
Pain Points
- Limited Virtual Engagement: Static images and text listings failed to provide a real sense of the property.
- Lengthy Sales Cycles: Buyers had to visit multiple properties before making a decision.
- Unqualified Leads: Agents spent time on visits that didn’t convert into sales.
Business Impact
- Lost revenue due to slow conversions.
- High operational costs from in-person visits with low closure rates.
- Missed opportunities from remote buyers unable to visit properties.
Client Goals
- Reduce reliance on physical property visits by offering immersive virtual tours.
- Shorten the sales cycle and improve lead qualification.
- Improve agent productivity by reducing time spent on unqualified visits.
The Solution
Approach
- Developed a Native mobile application for Android and iOS with 360° virtual property tours.
- Integrated AI-driven property recommendations for personalized search.
- Implemented seamless booking for in-person visits for serious buyers.
Key Features
- 360° Virtual Property Tours: Users can explore properties remotely in high definition.
- AI-Powered Recommendations: Machine learning suggests properties based on preferences and browsing history.
- Augmented Reality (AR) Staging: Users can visualize different furniture and layouts in real time.
- Instant Messaging with Agents: Direct chat functionality for real-time queries.
- Seamless Visit Booking: One-tap scheduling for in-person viewings.
Implementation Process
Technology Stack
- Mobile Application: Native development for Android (Kotlin) and iOS (Swift).
- Virtual Tour Integration: 360° video rendering and WebGL-based visualization.
- AI & Personalization: Machine learning for property recommendations.
- Backend: Scalable API architecture for real-time updates on listings and bookings.
- Database: Cloud-based real estate listing database with high-speed search.
- Analytics: User behavior tracking for engagement insights..
Platforms
- Android (Google Play Store)
- iOS (Apple App Store)
Timeline
- Phase 1 (Research & UX Design): 5 weeks analyzing user behavior and testing UI/UX.
- Phase 2 (Development & Testing): 12 weeks for app development, AI integration, and virtual tour testing.
- Phase 3 (Deployment & Optimization): Launched with a phased rollout and feedback-driven improvements.
Team Structure
- Mobile Developers (Kotlin, Swift), AI Engineers, 3D/AR Specialists, UX Designers, and Real Estate Analysts.
Overcoming Hurdles
- Optimizing Virtual Tours: Ensured seamless 360° viewing with minimal load times.
- Lead Qualification Improvements: AI refined property suggestions to match serious buyers.
Results and Impact
Quantitative Metrics
50%
Reduction
in the average property sales cycle.
40%
Increase
in virtual tour engagement.
25%
More Qualified Leads
reaching real estate agents.
Qualitative Benefits
- ✅ Higher Buyer Confidence: Virtual tours helped buyers make faster decisions.
- ✅ Increased Agent Productivity: Focused on high-intent buyers, reducing wasted visits.
- ✅ Expanded Reach: Enabled remote and international buyers to explore properties effortlessly.
“With virtual tours, we no longer waste time on uninterested buyers. Our agents now close deals faster than ever.“
– VP of Sales
Project Snapshot
- Client: Leading Real Estate Platform, Europe
- Project Duration: 4.5 months
- Platform: Native Mobile App (Android & iOS)
- Key Metric: 50% faster property sales cycle
Summary
Integrated AI-driven virtual tours to increase property inquiries by 35%.