As we all know that in today’s digital world, it has become very essential for businesses or organizations to have their online presence to make their business successful. The same goes with the case of the real estate industry. In the past few years, real estate apps have gained immense popularity.
The real estate apps have made the lives of people much easier and convenient by providing the people who are looking for a house with the best possible deals on homes. Now, people can relax in their homes and leverage the advantages of real estate apps to find the house of their dreams.
The real estate industry is recognized globally. Here are some stats to look at:
It is estimated that by the end of the year 2040, the real estate market will grow to US$9.30 billion from US$1.72 billion in 2019. The real estate sector in India is expected to reach US$ 1 trillion in market size by 2030, up from US$ 200 billion in 2021, and contribute 13% to the country’s GDP by 2025.
As per ICRA estimates, Indian firms are expected to raise >Rs. 3.5 trillion (US$ 48 billion) through infrastructure and real estate investment trusts in 2023, as compared with raised funds worth US$ 29 billion to date.
Therefore, if you are looking to buy a house, there is something important for you! Before you plan to download any random real estate app, here’s the list of the latest & top real estate apps that are trending in 2023.
1. Zillow’s
Features
You can picture yourself in a home using 3D Home Tours
Get neighborhood details including restaurants, grocery stores, parks, and coffee shops
Push notifications let you know when houses come to market, have a sale pending, or drop in price
There are robust filters for school districts, views, pricing, pets, HOAs, and more.
Pros
Buy, sell, or rent a property
Get neighborhood details including restaurants, grocery stores, parks, and coffee shops
Robust search filters
Real estate agent directory
Tag and share listings
Sell quickly with Zillow Offers
Mortgage tools
Cons
Estimates can be inaccurate
Listings made by sellers can be out of date
Agents can pay for better placement
No way to block individual listings
2. Xome Auctions
Features of Xome Auctions App
Xome’s map browsing function, you can layer in ZIP code information, school zone boundaries, neighborhood boundaries, city limits, and more.
Whether it’s event registration, bidding, or signing the contract, everything can be completed using the app
Search assets by address, city, state, or property ID
Autosuggest search results to find similar properties
Save & revisit your favorite searches & properties
Push notifications so you never miss the opportunity to outbid your competition
Bidding overview tab with a summary view of active assets and bids
Pre-auction offer tab with the history of submitted offers and their status
Contract e-signing through the app
Pros
One of the largest databases of auction properties
Access to pre-auction properties
The same suite of features as the website
Push notifications alert you when a competitive bid happens
Contract e-signing within the app
Cons
App has a history of bugs
Relatively new without a very large client base yet
3. Apartments.Com – Best House Rental App
Apartments.com is a renter’s favorite place thanks to the biggest inventory of rentals on the market combined with amazing imagery to show prospective tenants what the property offers. Prospective tenants can apply directly through the app.
Apartments.com was founded in 1992. Apartments.com has over five million downloads and 25,000 reviews in Google Play. The website has a rating of four out of five stars on the platform. In the Apple Store, the website is ranked at the 24th place of the Lifestyle category, and it is rated at 4.7 stars with approximately 15,000 reviews.
The app’s revenue comes mostly from advertising fees as well as the application fees that cost up to $25 for every 10 applications in 30 days. Apartments.com won best for renters because of its large inventory of not only apartments but also rental houses, condos, and townhomes combined with its convenient “apply now” feature within the app. It has extensive search and sort capabilities.
Features of Apartments.com App
Check real-time availability, rent ranges, and specials without letting scams or repeat posts get in the way
View more high-resolution photos, floor plans, HD videos, and 3D walkthroughs
Subscribe to alerts for your saved searches to easily find the newest listings that meet your criteria
Contact properties immediately by starting conversation right from the app.
Pros
Largest inventory updated daily by an in-house research team
Apartments.com not only features apartments, but also houses, townhouses, studio homes, and condos
Within the app, you can send your application to the landlord or property manager through the “Apply now” feature.
Search filters include wheelchair access, air conditioning, dishwasher, and whether the unit has a washer/dryer or just a hookup
Cons
The app is rated well across platforms, but users sometimes face problems with sorting and updates
Relatively new waApartments.com does a good job of showing what’s nearby; however, it lacks in displaying the crime stats of the neighborhoods ithout a very large client base yet
The in-app application feature is convenient, but there is a cost of $25 to apply to up to 10 properties in a month
4. Redfin – Property App
Features of Redfin App
Instantly see every home, condo, and townhome that meets your search criteria
Easily share your favorite homes via text message, email, and social media before you book a tour
Search for homes near specific schools and school districts or other necessities
Get instant notifications when a new home hits the market
Pros
Customized searches
Accurate estimation of home values
Calculates mortgage, property tax, and insurance
Buy with a Redfin agent and share part of a commission
Cons
No feature to sort by last-updated
Less detail on the home’s surrounding neighborhood than other apps
5. Personal Capital – Apps Like Zillow
Features of Personal Capital App
User-friendly
Features automated net worth tracker
Integrated with Zillow home price estimates
Free retirement planner resource
Full-service personal financial planning platform
Limited accounting capabilities for tax planning
Pros
Individual securities available
Free, comprehensive investment management tools Free, comprehensive investment management tools
Dedicated financial advisors
Advanced tax optimization strategy
Cons
$100,000 account minimum
High management fee
6. DiversyFund
DiversyFund requires just a low-cost initial investment, and its app has all the functionality of the website. There are no management fees, so it’s easy for you to get started as an entry-level, non-accredited investor.
DiversyFund is a crowdfunded commercial real estate investment platform. Unlike the majority in the industry, DiversyFund owns and directly manages its commercial properties.
Features of DiversyFund App
Fee-free investing
No experience required
Expert investors
Pros
Has access to some commercial real estate deals
$500 minimum investment
No management fees
Accepts non-accredited investors
Cons
Highly illiquid investments
Has limited investment choices
Unable to choose between commercial projects
Whether you are looking for a perfect home and neighborhood that matches your lifestyle to buy or rent, this amazing app can be a good companion.
Its key features like virtual neighborhood tours and 30M+ neighborhood reviews from locals help you get a genuine feel of what it is like to live there.
Features of Trulia App
Easily tour the neighborhood with original photos, local stories, and drone footage Browse 34 neighborhood heat overlay maps such as crime, schools, amenities, and commute
Be in control with 30+ filters and custom keyword search Stay up to date on the market and neighborhoods with alerts on new listing recommendations, price drops, or nearby open homes
Pros
Local info on neighborhoods, schools, and shopping
Notifications about new homes on the market that fit your criteria
Link to the listing agent in each property listing
The platform provides pre-qualified financing and calculators
You can draw with your finger on the map to customize searches
Cons
Crime map is difficult to read
8. LoopNet
LoopNet.com is one of the best real estate apps for investors as it only lists commercial properties. Therefore, if you want to purchase a commercial property then LoopNet.com is the best solution for you. This saves investors time as they do not have to sort and filter through homes and individual apartments for sale and rent.
Same as Zillow, this real estate app also showcases bigger and multi-unit properties for sale and also offers many vital insights on a particular property. Once you enter a specific area, you can seamlessly access thousands of commercial properties or multi-store buildings perfect for office spaces.
Features of Trulia App
Listing Management Portal
Listing Syndication
Premium Listings & Profiles
Pros
Helps to minimize advertising costs
It is easy to use
The tool has a free version
Cons
Some services are only available on premium package
Lots of competition
Features of DealCheck App
Qualitative Analysis
Quantitative Analysis
Analytics
Asset Tracking
Data Import / Export
Performance Analysis
Cash Flow Analysis
Investors
Investor Management
Portfolio Analysis
Pros
Desktop and mobile apps
Recent sales and rental comps
Offer calculator
Customizable features
Cons
Complex interface
Recent upgrades sometimes cause data loss
Features of Realtor App
This award-winning app updates listing in real-time
Customize your search and get a home search experience tailored to you
MLS real estate listings include details like price, sales history, property tax, school information & more
Receive real estate notification alerts on price reductions & new listings
Pros
Users can hide a listing from their search results
Search other rentals in the same area with a touch of a button
Shows when the listing was last updated
Property listings include neighborhood noise level assessments
Cons
Clicking on “Contact Agent” will not go to the listing agent
Limited search criteria
5 Benefits Of Real Estate Apps For Agents And Brokers
Let’s see some of the benefits of real estate apps for agents and brokers:
Communication
Commission
Increase in Sales and Lead Generation
Instant Decision Making
Feedback
Feedback is one of the most important features of business communication. Each seller wants to know the reviews about their application whether their customer is satisfied or not is their concern. After investing in app development, it becomes your responsibility to know whether the users benefit from your products or services. If not, ask for feedback that can be helpful in improving the app.
How Much Does It Cost For A Real Estate App?
The cost of building feature-rich renowned apps like Zillow, Trulia, Xome can cost around $83,000 to $150,000. However, if you are planning to build an app with basic features, you can build starting from $10,000 to $25,000. For adding advanced features to your real estate app, the cost may go up to $35,000 or more.
The overall real estate app development cost may vary depending on several factors like features, the complexity of an application, developer charges, location of the company, etc. If your company is looking for an exceptional real estate app with extra functionalities, the software development cost of a real estate app may range from $50,000 to $100000.
Echoinnovate IT offers top-notch real estate app development services. Our highly skilled developers integrate the high-end real estate app features into your application. Our team of experts works really hard on all the aspects of a real estate app development project keeping your requirements into consideration and providing an outstanding real estate app design. Therefore, if you’re planning to develop an application for a real estate business, then contact our experts now!
In Conclusion
There’s a huge completion in the real investment market, you need to stay updated and ahead of the curve. That’s the reason we have come up with the best real estate apps for the year 2023.
You cannot neglect the fact that the best real estate apps will continue to benefit the users by enhancing the investment landscape and improving business efficiency and performance. Therefore, you can select the right application for you and gain higher profits and revenues in your business.
you are planning to invest in a real estate application, then Echoinnovate IT is the perfect choice for you.
Our expert developers and qualified QA Engineers promise to deliver the best and cost-effective real estate software solutions perfect for your business growth. If you have any real estate app ideas, do let us know. Get in touch with us now!
