How Much Does It Cost To Create A Property Auction App In 2022?

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Although the specific usage of the property management platform app is sophisticated, it still elaborates the communication flow, and sets functions to fulfil users’ specific goals!

A real estate, property auction app can help you value a property, lease a property, keep it leased, get financing, title, and protect entities, find hidden investment opportunities, minimize taxes, and establish your team of advisors.

To start with, the cost to create a real estate app in 2022 comes to around 35,000 – 40,000 USD in approximately 1600 hours. (Source)

Such applications help tenants, and landlords reinvent and manage rental property and make it much more streamlined. It is a multifunctional property management software that assimilates landlords, tenants, and third-party contractors into a single mobile app.

Use Cases for Three Parties Involved

Tenants can take images, send maintenance requests to their landlords, talk to contractors and landlords, and track the job progress.

Landlords can send maintenance requests with attachments to contractors, stay updated with the progress, supervise multiple maintenance requests across multiple property locations, select and add contractors to a unified database, and process invoices upon completed work orders.

Contractors get to talk to tenants, and landlords directly, update work progress through file sharing, itemizing expenses and issuing invoices with email confirmations upon job completion.

How Can A Property Auction App Help You?

  • To achieve wealth and cash flow through real estate.
  • To find a property with real potential.
  • To show how to unlock the myths that are holding you back
  • To negotiate the deal based on the numbers
  • To evaluate the property and purchase price
  • To increase your income through proven property management tools

Which Technologies Affect the Cost of Real Estate Business?

  • Esignature
  • Local MLS Apps/Technology
  • Social Media
  • Lockbox
  • Video conference
  • Customer Relationship Management
  • Transaction Management
  • Showing/Open House Software
  • Personal Website
  • Cloud Storage
  • Lead Generation
  • Virtual Tours
  • Digital Marketing Platform
  • Personal Safety
  • Cyber security
  • eNotary
  • Predictive Analytics
  • Rich Media
  • Voice Assistant
  • Virtual Reality
  • Augmented Reality

Real Estate App Types

  • Apps for realtors
  • Household management apps
  • Property listing apps
  • Smart home access apps
  • Property management apps
  • Buying or Renting a Home
  • Assistance for Real Estate Agents
  • Home Valuation
  • Virtual Tours

Must-Have Features in Real Estate App

For Clients

  • Navigation and street view
  • Advanced search
  • 3D Virtual Tours
  • Save Search and Favourite Listings
  • Property Cost and Mortgage Calculators
  • Feedback System
  • Chatbot
  • Augmented Reality
  • Categories and Filters

For Agents

  • Databases
  • Real-Time Messaging
  • Calendar
  • Analytics
  • Personal Profiles
  • Administrative Panel

Technology Stack to Build Real Estate Application

  • Google Places API– to detail about the local area and neighbourhoods
  • CoreData or Realm frameworks– to manage saved properties list
  • Firebase SDK or Apple Push Notifications Service– for push notifications
  • Zillow API– to access Zillow’s neighbourhood information and listings
  • SimpleRets, iHomeFinder, Spark APIs– to normalize MLS data flows
  • The Onboard Informatics Community, Spatial Neighborhood APIs– to provide demographics and information about particular districts
  • Facebook SDK– to integrate a Facebook sign-in
  • Mapbox or Google Maps API– to builds custom maps
  • Amazon S3– as cloud storage for listings
  • Java or Kotlin– as a developmental language for Android
  • Swift or Objective C– as a developmental language for iOS

Necessary Technologies for Real Estate App Development

  • .NET
  • Azure
  • WebRTC
  • Swift
  • Kubernetes
  • NodeJS
  • JavaScript
  • React JS/Native
  • Typescript
  • AWS
  • Kotlin
  • Elasticsearch

API’s To Illustrate Real Estate Applications

  • Google Maps API
  • Zilyo API
  • Mortgage Payments API
  • Zillow API
  • Points of Interest API
  • Community API
  • SimplyRETS
  • SchoolDigger API
  • Yelp Fusion
  • Rest.ly

How to Start With Property Auction App Development?

To start with the development of a property auction app, opt for local online auctions, plan out the development, buy a domain name, locate and secure web hosting, set off the development cycle, choose a secure payment gateway, fill it up with content, and test the created website.

Conclusive: Why is a Property Auction App Required?

A real estate property auction app is required for a faster sales process, to erect a persistent communication channel, for a more rewarding customer experience, and to automate routine tasks. Access our Portfolio; Reach out to us for real estate app development!

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About Author
Neeti Kotia

Neeti Kotia

Neeti Kotia is a technology journalist who seeks to analyze the advancements and developments in technology that affect our everyday lives. Her articles primarily focus upon the business, social, cultural, and entertainment side of the technology sector.

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