Investing on the Go: Mobile Apps Revolutionizing How You Manage Your Property Investments

| Updated on April 15, 2024
mobile apps

Gone are the days when real-estate investments solely relied on traditional methods. It’s

Gone are the days when real-estate investments solely relied on traditional methods. It’s time to embrace proptech mobile apps. For those who don’t know, proptech stands for property technology.

Investing on the Go

The advent of mobile apps to manage property investment has totally changed the way people buy, sell, rent, and manage properties. 

These leverage the possibilities of mobile devices and the internet to streamline investment processes. 

When you feel the need to buy houses in Indonesia for investment purposes, mobile apps prove to be a handy solution for all your needs. 

How? Simple, you can browse through property listings, view photos, and gather all the relevant info about the property right from your mobile devices.

In this guide, go through how applications revolutionize property investment management including real-time exposures with search filters, virtual tours, seamless communication, etc. 

Advent of Property Investments with Mobile Technology

Truly, mobile apps have emerged as a powerful tool that not only empowers property managers but also investors.

Since mobile apps have become an inescapable part of our lives, the real estate industry is no exception. They direct investors to get around the intricacies of the real estate market. 

With a few taps, investors can browse through a variety of property listings (including images, videos, prices, and amenities), schedule visits, and make online payments.

Availability of Real-Time Property Exposures with Search Filters 

Real estate mobile app development is proven ideal for both property managers and investors. All you have to do is launch the application and enjoy access to real-time property listings.

Property search has become a lot easier than ever before, particularly streamlined. 

With applications, you have a range of options and features at your fingertips. For more accurate results, investors can apply advanced search filters and search based on their location, price range, amenities, and other specific criteria.

The great part is many apps even reveal details about the neighborhood as well as nearby facilities like schools, hospitals, restaurants, and public transportation.

Virtual Property Tours

To cater to the growing trend of consumers relying on mobile devices, property tours can contribute to decision-making. The introduction of virtual property tours has become a big hit.

This lets investors explore the property remotely in a fully immersive, 3D environment. Therefore, investors experience properties first hand without the need for a physical visit, a great way to save time. 

Fast Fact:
As per the 2024 reports, 77% of clients want to take a virtual reality tour prior to physically visiting a property. 

Seamless Communication and Issue Reporting

“Effective communication is the best way to solve problems”

– Bradford Winters, television writer, and producer

Mobile apps are making it possible for real estate agents and investors to communicate instantly. You are open to connecting with as many agents as you want to, receiving new property announcements, and engaging in programs.

In-app communication with an agent over a chat or video call for diverse problem-solving needs streamlines the process. Even investors can make an appointment and schedule virtual property viewings, one step ahead to make a decision.

In essence, this is the direct line of communication between two parties. Hence, there will be no intermediaries like agents or brokers.

Sustainable Paperless Transactions 

Today, there is a shift towards paperless transactions as a means of reducing environmental impact. From a technological standpoint, the greatest example of all time is electronic checks. 

These function similarly to paper checks but with a digital twist. Results in, the elimination of the need for paper and a reduction in the carbon footprint. 

Different payment modes like net banking, account transfers, UPI, etc. 

Besides, e-documents and digital signatures made the process more environmentally friendly by cutting down on administrative overhead.

Key Features of Real Estate Mobile Apps

Features of Real Estate App

Indeed, mobile apps offer useful features that make them worthwhile. Let’s check out some of the features offered by the applications dedicated to property investment management:

Protection of Sensitive Data with Modern Encryptions

Technologies do come with challenges. Likewise, there is debate over the usage of proptech mobile apps to manage property investment regarding security or protection from cyber fraud.

Stats on North America Proptech Market

In 2021, the global PropTech market size was valued at USD 25,145.1 million across the real estate industry which is predicted to expand at a CAGR of 15.8% from 2022 to 2030. 

Like every problem has a solution, fortunately, there are modern encryption practices incorporated in such applications. 

It involves encoding data into a format that is available only to authorized individuals possessing a decryption key. 

This thereby maintains the privacy of investment details, financial transactions, and property records.

Online Appointment Scheduling

Once you are satisfied with a realistic sense of the space, you can go ahead with the appointment booking process. Apps even include some exceptional online scheduling features.

This eliminates the need for repeatedly asking for an appointment over phone calls or emails. Property managers update dates and investors can schedule accordingly, saving time and improving the overall experience. 

Feedback Access

Feedbacks are believed to be a transformative resource for property management. Properties with great ratings or reviews navigate investors in decision-making.  

Other than that, mobile app solutions including options for comments let there be an open line of communication. 

Mobile App Dashboards and Analytics

For real operations, the availability of an overview of property performance metrics and trends on dashboards provides users with a comprehensive view.

Dashboards having advanced analytics, allow investors to monitor key performance indicators (KPIs), utilize data-driven insights, and optimize their real estate portfolios.

Future of Real Estate Mobile Apps

Definitely, technology will continue to advance, and investors around the globe can expect to witness new technologies like virtual reality and augmented reality. Incorporated with new techs, real-estate applications will provide a realistic experience.

Do You Know?:
Shortly by 2025, the global virtual reality in real estate market size is expected to reach USD 3,161.2 million.

Even the combination of AI and ML enables users to observe personalized recommendations, based on preferences and behavior.

Its integration with blockchain technology will improve transparency in transactions. As a result, there must be a downfall in fraud. 

Final Take 

Undeniably, proptech mobile apps have brought revolution in the property world. 

From advanced techs, user-friendly interface, virtual tours, and seamless communication, to the availability of real-time property exposures with search filters, proptech apps have overtaken the traditional ways. 

Dashboards with market insights, streamlined documentation process, and GPS functionality is driving digital transformation in the real estate market.

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