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(VIDEO) Augmented reality and the future of real estate

Layar co-founder: Make virtual home tours more real

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From sci-fi and fighter-jet roots, augmented reality, with the rise of smartphones, is finally ready to become a mainstream, everyday reality, said Claire Boonstra, co-founder of Layar, an augmented reality-focused company founded in 2009. Among many features she spoke of during her 20-minute keynote address at Real Estate Connect New York 2012, Boonstra showed how augmented reality, the overlaying of digital information on real-world experiences, via a smartphone as windowglass, can display the 3-D, fleshed-out, finished product of an in-progess skeleton of a building on a smartphone screen.The free Layar app, available on most smartphone and tablet platforms, including Android and iPhone, could be used to view a virtual home tour, explained Boonstra, triggered by a geotagged for-sale sign at a home.Watch the video:The app, which bypasses the need for QR codes, uses the smartphone's camera, compass and GPS system to access reality-related augmented information.For example, Layar all...