We all know that time is money. Immersive technologies can greatly reduce the amount of time spent considering different properties. Through virtual tours, individuals can visit properties remotely and rule out options that don’t work without any of the time required to coordinate or execute a physical walkthrough. By using VR and AR, raw spaces can be designed and redesigned with a click of a button — with the added benefit of being able to experience what “could-be,” prior to breaking ground or “proceeding to checkout.” Instead of designers or salespeople spending time and money on one vision of a space, there is flexibility to allow for new visions and revisions to be easily considered for clients, collaborations, or personal use.

Being able to take 3D or VR tours of properties at any point of execution of a project also has many benefits. For example, one aspect is the ability to reduce time answering simple questions that people can experience and answer for themselves via a virtual tour. Allowing for clients to walk through a space at their own leisure without feeling rushed or encroached by other potential buyers is another benefit. Tours being accessible globally also allows for those relocating to get a more realistic perspective of what the property looks and feels like. These unrushed tours also have shown to give people an emotional connection and sense of ownership of a space which can help with sales.

Other aspects of owning property, as well as benefits for property management, can also be improved with these new technologies. Using augmented reality instructions or virtual reality to train proper maintenance can benefit time and efficiency or be incredibly helpful for rental properties.

Join us on June 2nd. We will be exploring how real estate is implementing immersive technology tools.

What’s The Format:
6:00-6:15pm – Networking & Preparation
6:15-6:30pm – Introductions & Welcome
6:30-7:30pm – Presentations and Q&A
7:30-8:00pm – Networking

Host:
Matt Wren – BUNDLAR

Panel Members:
Gregory Kirsch – Cushman & Wakefield
Brad Andersohn – eXp Realty and Virbela
Rajat Jain – Culenz
Vishal Reddy – Wowsome

About Our Panelists’ Companies:

eXp Realty
has transformed the real estate experience through innovation and technology, offering some of the most powerful online marketing tools and virtual technology in order to create a world-leading real estate brokerage model. eXp’s innovative business model offers an unparalleled compensation package through a generous commission structure, a unique revenue program and the potential to earn eXp World Holdings stock awards (Nasdaq: EXPI). Agents can earn stock for various achievements such as closing their first transaction as well as the opportunity to earn back their yearly commission cap in stock. eXp Realty is the first cloud-based, agent-owned brokerage from 2009.

Cushman & Wakefield’s
technology strategy is people-centric – they prepare their teams and clients for what’s next by giving them access to the best technology solutions in the industry. Their strategy focuses on four key objectives:

– Optimize day to day operations through a robust technology infrastructure
– Innovate in everything they do
– Become trusted advisors to clients and
– Invest in strategic collaborations with technology leaders to continue discovering the best new solutions

As part of their strategy, their Global Innovation Hub works to identify leading and emerging PropTech providers, solutions and services. They also provide advisory services on how emerging technology trends and solutions impact, disrupt and create new opportunities within commercial real estate.

Culenz
is a virtual reality company mainly focused on creating Virtual Reality experiences for different industries based on their needs and requirements, clients, model of business, sales method etc. It offers top-quality VR experience in 360 photo-video tours, and live streaming. It is also into Machine Learning and Computer Vision based AR apps for industry specific solutions.

WOWSOME
specializes in building fast immersive solutions using established Extended Reality (XR) platforms. The company has earned its authority from its prior art – the design and engineering of over 5000 experiences. WOWSOME’s secret sauce is in the application of XR technology stack with added hyper-personalization using Deep Learning AI. Serving global customers who are industry leaders in the publishing, media, retail, and manufacturing sectors. The company also demonstrated its capacity for cutting-edge R&D by developing new products like ioLive.

Thanks to 1871, BUNDLAR, and Virrbela for providing venue, management, marketing & logistics support and to our partners 2112, VR Motion Learning, XR Women, & International Game Developers Association Chicago (IGDA Chicago) to the VRAR Chicago event series.