Virtual reality (VR) technology represents a huge potential for the real estate industry. Those looking to buy or rent a new property may no longer need to visit a potential new home in order to get a sense of it, instead strapping on a VR head-mounted display (HMD) to step inside a virtual representation of that house. But while many are simply talking about that potential, a new company by the name of VirtuEye is actually acting upon it with a new app designed for use with mobile HMDs.
VirtuEye allows those with a smartphone-based HMD such as Google Cardboard and view fully 3D environments in 360 degrees, giving them a sensation of actually being in the room they are looking at. The aim is to diminish the importance of in-person viewings of houses, at least for those that buyers would eventually decide against. Buyers will also be able to head to select agents offices to use an HMD to view a property.
“Taking time out to visit properties, viewing them and choosing the right one is a hard and time-consuming job, but it doesn’t have to be,” explains Tadas Vidmantas, co-founder of VirtuEye. “We believe technology exists to make our lives easier”.
It’s not yet clear when the VirtuEye app will launch. VRFocus will continue to follow any and all uses of VR, reporting back with the latest updates on them.