2000 can’t afford CGIs….. 2023 can’t afford not to
ROI Using Property CGI: How Virtual Tours and Flythroughs Can Benefit Your Real Estate Business
In the world of real estate, time is money. The longer a property sits on the market, the more it costs in holding costs, and the more it risks losing value. This is why it's crucial to find ways to speed up the planning process, reduce holding costs, and minimize construction risk. One tool that can help achieve all of these goals is property CGI.
What is Property CGI?
Property CGI, or computer-generated imagery, is a powerful tool that allows real estate professionals to create virtual tours and walkthroughs of properties that haven't been built yet. Using advanced software, CGI artists can create photorealistic images and videos of properties that are so realistic it's often hard to tell the difference between the CGI and the real thing.
How Can Property CGI Benefit Your Real Estate Business?
1. Speeding up the Planning Process
One of the most significant benefits of property CGI is that it can help speed up the planning process. Planning views verified accurate and non-verified, real estate professionals help possible objectors understand the design and layout of the property. This can help reduce objections and speed up the approval process, saving time and money.
2. Reducing Holding Costs
Another significant benefit of property CGI is that it can help reduce holding costs. For example, when interest rates are rising, every day a property sits on the market can cost thousands of dollars in controlling costs. By creating virtual tours and walkthroughs of properties, real estate professionals can give potential buyers a better sense of the property, reducing the time it takes to sell and minimizing holding costs.
3. Reducing Construction Risk
Construction risk is a significant concern for real estate professionals. With property CGI, there's more certainty of finishes, allowing developers to make better decisions about materials and finishes. This can help reduce the risk of construction delays and cost overruns, saving time and money.
4. Grabbing an Audience with Viewings Anytime, Anyplace, Anywhere
One of the most significant benefits of property CGI is that it allows real estate professionals to grab an audience with viewings anytime, anywhere. With virtual tours and walkthroughs, potential buyers can view properties from anywhere in the world, at any time of day. This can help increase interest in properties and speed up the sales process.
5. Increased PR with Static Images and Moving Images/Walkthroughs
Finally, property CGI can help increase PR with static images and moving images/flythroughs. By creating high-quality photos and videos of properties, real estate professionals can generate interest in their properties and increase their visibility online and in print.
In conclusion, property CGI is a powerful tool that can help real estate professionals speed up the planning process, reduce holding costs, minimize construction risk, grab an audience with viewings anytime, anywhere, and increase PR with static images and moving images/walkthroughs. Real estate professionals can increase their ROI by investing in property CGI and staying ahead of the competition.