The real estate business is thriving and growing in popularity across the globe. Modern real estate applications assist agencies in selling, leasing, or renting residential as well as commercial properties online.
If you own a real estate firm, developing unique mobile applications can undoubtedly help your internet business expand. It advertises your brand, enables agencies to engage effectively with consumers, expands market reach, enhances retention rates, offers lucrative rewards, and so on. Therefore, investing in a real estate app could be very effective and help you improve customer engagement and enhance reach.
In this article, we will discuss how much it costs to develop a real estate app and its varied benefits that are brought about by the real estate application.
Cost of Developing a Real Estate App
The real estate app development cost depends upon certain factors. A mobile application is very different from a computer application. But similarly, it also has to be developed for various platforms and according to system environments. Here are the factors that are responsible for determining the price of the application.
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The features and all the functionalities of the applications play an important role in determining the development cost of the application. The more features that are included in the application, such as 3D viewing, VR assistance, rent calculator, and so on, the more will be the development cost of the application. As it would take more time for these applications to be developed, and hence the cost would increase with every additional feature.
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The size of the application is also very important when determining the development cost of the application. As the application size determines what other functionalities need to be inculcated into the application. And would the application need any extra storage space, which additionally determines the cost of the application?
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The location of the developer of the application also plays an important role when determining the cost of the application. As the development cost is different in all the locations, if the developer lives in a state where the development cost is high, you would have to pay more.
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The development platform of the application is another important aspect, along with the UX/UI design of the application.
The cost of developing a real estate app is determined by the number of features incorporated in the application.
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For a single platform, the construction of a real estate market application with minimal features would cost between $10,000 and $13,000.
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A real estate app featuring significant functionality will cost between $15,000 and $30,000 for something like a single platform.
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The cost of developing on-demand real-estate apps with extra features such as CRM integration would range between $30,000 to $65,000 for both Android as well as iOS.
Conclusion
A real estate application is very important and could help agents as well as agencies. Real estate smartphone applications make it simple and handy to rent or buy a new home. These apps assist everyone involved in real estate, including brokers, agents, clients, and owners. Therefore, investing in the development would be beneficial.
