The process of manually looking for a house or a property is a tedious task, and people are finding it more difficult to find homes to suit their needs. Through Zillow like apps, people can easily find homes that match their requirements. More than 196 million unique users have used the Zillow app to look for properties. Zillow app has been downloaded more than 10 million times on Google Play Store.
With the rise in the Coronavirus cases, the business prospects for an online business is far greater than the traditional real estate businesses. People can conduct the initial level of screening by looking at the images presented in the app, thereby avoiding traveling to see the properties.
Entrepreneurs can invest in Zillow clone app development and reap tremendous benefits from the online business. This blog covers the major factors that need to be taken into consideration for being successful in real estate clone app development.
Basic functionality of Zillow like app
Before proceeding with the app development process, it is essential to understand the major functionality of Zillow like apps.
Rent property: People are looking for homes to rent. Each property must have pictures, price, and contact details. In addition to that, there are several factors that make users experience memorable, but these are factors that are fundamental for any listing. For both buying and renting homes, the major criteria based on which users search are locality and price. There must be an efficient algorithm to list properties based on location search and sort the listings based on the renting price.
Sell property: For property sellers, there must be provision to upload images, add description, price, and contact details. In addition, there can be provision to link their other properties to increase their visibility.
Buy Property: The major portion of users will look for buying properties through the real estate app. There must be facilities to chat and communicate with the seller.
These are the major functionality of using real estate applications. The app development process should focus on the must-have features to provide a seamless user experience.
Must-have features to include in real estate clone app development
High-resolution images: Customers buy the properties based on the photos presented in the app. Offer provision to upload high-resolution images so that users can get the complete idea of the property presented to them. The detailing plays an important role in houses. People will look for specific aspects of the house interiors. So, the capacity to zoom in images will be useful for customers to get a closer look at the house. Not just images, videos would also increase the prospects of the house purchase. There must be features to add videos and 360-degree images.
Reviews: For every listing provide customer reviews, so people can know what the fellow buyers’ opinion about the property. Buyers must have the option to write their heartfelt reviews.
Home loans: Not all users are financially able to buy the house at one stretch. The app must have tie-ups with banks across the globe, so people can easily connect with them for loans and EMI privileges.
Sorting: There are various parameters for users selecting a property. The efficient sorting algorithms will make it easier for customers to find the property based on their needs. The major parameters for sorting include price, locality, and ad posted date(recency).
Chat options: Customers can schedule a meeting with the property manager or owner through the in-app chat option. It will also be useful for customers to know additional information regarding the property.
Compare prices: People can drop in one or more listings in the compare module. The product comparison criteria such as price, house dimensions, etc., can be selected by users for a better comparison view.
Property value calculation: Sellers placing advertisements in the Zillow clone app can get a better idea of the price details if there is an in-app calculator to evaluate the price on the location value. It will help to analyze market trends and place the Ads on the application.
Map view: The location is an important aspect of any property. Using the in-app map features, customers can view the property on the map. The app can be integrated with Google maps so that customers can get a direction to reach the property without leaving the app.
Save Favorites: This feature is similar to the one present in the e-commerce sites. Customers can save the property and view the saved listings by clicking onto the tab.
In order to offer seamless communication between seller and buyer, there have to be proper communication channels introduced such as chatbot, live streaming, talk to an expert, etc.
The various amazing features offered by Zillow will present a better picture for developing Zillow clone app:
Bridge interactive: It acts as a communication platform connecting market brokers with prospective buyers.
Zillow research: The trends related to the real estate industry keeps on changing. For some people owning flats are luxurious, while for others owning independent houses is luxurious. Sellers can understand customer preferences by analyzing the buyers’ statistics.
Zillow Rental: Based on the specification set by the users, Zillow rental offers prospective homes and properties that are suitable for them. Users can change the alert settings based on various factors such as location, price, etc.
The revenue model for building app like Zillow
Revenue is an essential means of profits for any business. The monetization modes have to be decided beforehand according to the business requirements.
Subscription fees: Sellers list the properties in the app for which they have to pay a subscription fee. As per the subscription model chosen, the number of properties to be listed varies. It is one of the major sources of income for apps like Zillow.
Featured listing: In order to enhance the chances of attracting prospective buyers, sellers can pay a listing fee for their property to appear on the top of a particular listing category.
These are the primary revenue streams for real estate listings apps. There are also secondary revenue streams that include users platform usage charges, expert guidance charges, charges applicable to usage of exclusive features, and so on. In addition to that, the major contribution of revenue comes from advertisements.
We live in a technology-driven world, where people prefer to get services online rather than the traditional means of getting it done. Real estate app development, such as the Zillow clone app development, may not be new in the application sector, but it is considered evergreen by the experts. Entrepreneurs can sustain to offer exemplary service to customers through full-fledged app like Zillow. Connect with our expert team to learn more about clone app solutions.
Are you willing to venture into the prosperous real estate sector?
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Is this legal?
PicMix and PicYou are almost exact clones of Instagram. MyCityDeal and Wimdu are clones of Groupon and AirBnB respectively. The only thing companies can patent is methodology for achieving an action or leading to an end point. If you can figure out another way to do that, without infringing on other's IP, you totally can. We could, so we did.
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