The features of a real estate app must be user-centered and geared toward searching for a property as smoothly as possible. Core functionalities: filtering by location, price, and type; interactive maps with neighborhood details on schools and transport; high-quality images with virtual tours to offer an immersive experience.
We interviewed our project managers and CTO who worked with Hosty - a short-term property rent management app, real estate CRM system, and discovery phase for a real estate company.
At Stfalcon, we have experience assisting you in real estate app development and can help to implement the features you want. We can provide top-tier custom real estate software development. Contact us to implement your idea into a profitable solution.
So, we selected 10 Features for Real Estate App Development that will enhance your solution.
Core 10 Features for Real Estate App Development
No matter the type of app you want, it's crucial to outline a clear set of features. Check out our case studies to ensure we are experts in developing software solutions. Here's a compilation of the ten most compelling real estate app features. It will enhance real estate services and elevate customer satisfaction.
1. Interactive Property Search Functionality
A powerful search engine is one of the most prominent solutions for automating property search. Among the key features are a marketplace-like system of search filters and an interactive map. Integration with mapping helps a lot in usability, which enables users to target prime real estate.
Stfalcon is a company focused on the creation of detailed maps. We do it rather laboriously, paying great attention to the accuracy and workability of the final product. We divide areas into small districts and add the main business objects to them. Such an approach enhances the usefulness of our maps manifold. The detailing enables smooth navigation and helps make informed decisions with optimal routing, from logistics planning to simple everyday navigation.
MeinFernbus
Using mapping techniques ensures that users can rely on maps for practical travel. The routing lines map required geotagging, which initially caused imbalances and demanded ongoing optimization as the number of lines grew. Over time, it underwent three major redesigns and optimizations.
2. Property Comparison Tool
Real estate companies need a tool to help clients need a tool that will help them make informed decisions through detailed property comparisons. This will be important in purchasing, selling, renting, and conducting property financial analyses. Property comparison tool lets users compare properties based on fees, equity, ROI, and tax information.
3. Property Cost and Mortgage Calculator
Performing various financial calculations for real estate mobile application development could be overwhelming. A property cost and mortgage calculator does this by providing rough estimates of costs. This feature is invaluable for property evaluation, mortgage estimations, and leasing considerations.
The calculator estimates mortgage payments, house affordability, and refinance options. Integrating similar tools into real estate apps or developing platforms can provide insights.
The cost of developing a real estate app can be complex, but you can use our calculator. This tool allows you to estimate your app's cost. You can explore different combinations and receive a detailed estimate.
4. System of Reviews
Reviews play a crucial role in helping customers make informed decisions. A review system allows users to see the reliability of offers. This feature is essential for establishing trust between landlords, tenants, buyers, and sellers.
Clients place more trust in peer reviews and feedback. Integrating a feedback system can enhance the user experience (UX). The cost estimate covers the development of a basic comment feature.
Zillow is an example of an app with a practical review system. Implementing such a feature fosters transparency and accountability within the real estate ecosystem.
Ivanna
Client Manager
Rated 4.9 on Clutch, Stfalcon delivers exceptional real estate app development. Contact us now to turn your idea into reality!
Get a Free Consultation5. Documentation Management
Real estate involves a lot of documentation, like titles, contracts, agreements, and notes. Documentation management becomes crucial to avoid any legal disputes and to ensure smooth transactions. Documentation management integrated into real estate platforms provides secure storage and e-signature integration. The Brokerage Engine is one such examples that applies this feature in smoothing document handling. Additionally, customized documentation management solutions for real estate businesses keep document handling safe, while scalable cloud storage enhances access and security.
6. Integration with real estate property listings
Integration with real estate property listings enhances efficiency and expands offerings. This functionality of management software is adaptable across various software types. This benefits platforms facilitating property purchases, sales, and rentals. For instance, Internet Data Exchange integration enables platforms to show listings from sources. Integrating with MLS such as Bright MLS amplifies listing availability.
In our experience, we have projects that include listings. The aim was to create an online booking system (under NDA) and design a landing page. This solution will also facilitate registration and doctor selection for new patients.
Online booking system (under NDA)
Stfalcon offers a comprehensive range of services to ensure full-cycle product development. The back-end development incorporates integration with several third-party services, including BankID, Klarna, Listing, and FreeCard. The system provides a flawless and efficient experience by using these integrations.
7. Deposit Security Tools
Deposit Security Tools offer property owners and landlords safety measures by storing deposits. This feature is precious for property management solutions focused on landlord-tenant relationships. It is also pertinent to sales, mortgage, and lending platforms. Integrating with payment systems ensures deposit storage, complemented by administrative tools. PCI Security Standards compliance for data protection.
8. Tenant Screening Functionality
Tenant Screening Functionality automates tenant background checks, streamlining landlord-tenant relationship management. Custom algorithms retrieve credit history and other relevant information, ensuring reliability. Integration with AML and KYC services adds extra security and compliance.
KYC focuses on ensuring compliance with regulations. It helps understand customers during onboarding and throughout their lifecycle. It involves procedures to evaluate customer risk and prevent money laundering. PropTech companies use AI, ML, deep learning, and Big Data for robust KYC compliance.
AML involves assessing the risk associated with customers and transactions for criminal connections. PropTech companies screen customers against watch lists. This includes sanctions and PEP lists. It can show the customer identity and transactions in real-time. This screening process helps identify risks associated with senders, beneficiaries, and other elements. It ensures compliance and reduces financial crime.
9. Investor Portal
Real estate investors handle much information, so centralized data management is essential. Adding a real estate investment portal to a PropTech app is a great solution. This feature lets users gather key investment metrics, predict revenues, and create reports. A solid administrative platform helps users review their portfolios and investments.
This feature can employ analytical scripts to include investment reports and statistical analyses. Besides, extending the investor portal to mobile platforms increases convenience and utility. Our team is proficient in both native and cross-platform mobile development methodologies.
10. Real Estate Investment Advisor
The broker is an essential intermediary agent that brings together investors and property opportunities to close deals effectively. The investment advisor feature integrates the investor and administrative platforms. Advisors can present detailed portfolios showcasing the best options for potential investors. Brokerage firms can benefit from these tools and data advisors for informed decisions and strategic guidance. AI scripts can enhance this functionality by offering intelligent suggestions and income estimates.
Our Experience
Discovery Phase for a Real Estate Company
Transactions need specific licenses in the USA. These licenses provide access to comprehensive local real estate data. We first decided to expand our (MVP) to the Miami market. That allows our clients to get the necessary license and cover the US market.
To meet the needs of our users, we proposed developing two applications. A mobile app for quick and easy real estate searches. A web app for marketing and helping agents work from their offices. That allows seamless communication via desktop.
During discovery stage, we created a prototype to refine key features. The limitation of a pool of tenants or buyers and the difficulty of establishing proper communication is one of the challenges this platform faces. The costs of paid advertisements are also very high, which is a big obstacle. An easy user interface, smooth processing of easy advertising for agents, a chatting option for buyers and agents, real-time updating of real estate data integrated into official databases are some recommendations we provided. With the help of a prototype, we were able to create the application. We expand functionality, optimize performance, and ensure a seamless user experience. The aim was to create a high-quality app that meets all user and business requirements.
Hosty
A client with broad experience in the sphere of real estate rental addressed Stfalcon. Thus, he knew this field well enough and understood all the difficulties that the property manager faced.
Our main task was to develop an interface that would make managing large numbers of real estate objects simple and convenient. We also had to quickly integrate our solution with the Airbnb API to synchronize large amounts of data. We started integrating with Airbnb by getting certified.
The integration allowed us to connect existing listings and create new ones with over 100 fields, including property details, prices, and photos. We introduced the feature in chat to send pre-saved standard responses. Also, reservations can be accepted or declined directly from chat for the manager's ease of workflow and speed of operations.
Bottom Line
The list of real estate mobile app features can include comparison tools and tenant screening. Even more innovative features are IoT or blockchain integrations according to current trends. Building a real estate app depends on your specific profile, needs, and preferences.
We are among the top 1000 Clutch companies and have experienced real estate software developers. Get in touch with us and let our team guide you in building a top-notch app.
Explore the FAQ section below on real estate mobile app development.
FAQs about Real Estate Mobile App Development
What features improve UX in real estate apps?
Real estate application development must be integrated with all features that improve user experience and functionality. Elaborated property listing, advanced search by location and price, and maps for easy property navigation. Streamline communication is achieved by being able to chat inside an application. Push notifications are used to inform users of new listings or changes in price. It offers secure payment options for safe transactions and user profiles for saved searches and favorites. Real-time integration with official databases ensures accuracy and reliability throughout the platform.
How to choose a technology stack for a real estate application?
The selected technology stack shapes the app's functionality. Some technologies excel in handling large datasets and real estate information. Others support real-time updates and interactive features. Choosing the tech stack influences its performance and capabilities. Scalability and updates are also crucial. User demands and data volumes grow fast in the real estate industry. A good tech stack helps to handle traffic and data while maintaining performance. Cloud-based solutions offer flexibility, allowing for resource adjustments based on demand. This enables renting server space as needed or stopping it when unnecessary.
How much does it cost to develop a real estate mobile app?
Incorporating advanced features increases costs compared to a basic MVP. Ensuring compatibility across devices (iOS, Android) adds complexity and expense. As a real estate software development company, we can design an intuitive interface. Managing user data demands robust security measures, increasing costs. Ongoing maintenance and updates also add to expenses. Investing more in performance and functionality can save costs in the long run. Building a real estate app costs start $85,000.