Video: Could virtual reality home tours help out-of-town buyers?

This high-tech opportunity still seems out of reach -- but here's one way that it might work for the real estate industry
  • Real estate seems like a no-brainer for virtual reality adoption. But its cost and lack of easy application is preventing widespread adoption.
  • Virtual reality home tours could not only help long-distance buyers but also decrease the number of property showings that a buyer agent has to attend.

The practicality of having long-distance buyers use virtual reality to tour a prospective property or builders using it in their sales office made me realize that this high-tech opportunity could feasibly and dramatically reduce the number of homes a buyer agent needs to tour.