National Brokers Network

How Australias Real Estate Can Benefit from VR

Virtual reality has evolved into something that can be beneficial to other fields other than games. This innovation has been penetrating different businesses and a lot of these establishments have already been reaping the benefits.

Now, with virtual reality’s growing attention, more and more businesses are starting to take notice and one of them is real estate. Since the house and apartment demand in Australia is skyrocketing, business brokers Victoria should come up with ways on how to engage home buyers and the increasing demand.

Virtual reality can help the real estate agency in Australia and here are its benefits.


1. Instant home hopping

The equipment needed is only a virtual reality device and computer to get started. Virtual reality can give virtual tours to interested home buyers without leaving their homes or the agent’s office. This can save a lot of time and money, especially if the home buyer lives far away or wants to see a hundred homes and only going to choose one.


2. Real-time changes

With virtual reality, revisions and renovations on three-dimensional models can be applied and these real-time changes can be evaluated without doing anything on the house physically. Again, this can save a lot of energy since the renovations won’t be applied to the actual building.


3. Client connection

Virtual reality can become a tool for realtors to be able to explain and sell their homes to these buyers, thus creating a connection with their buyers. This benefit has a connection with number 1, home buyers will get appealed to check more houses and decide faster since they can see more houses in one day.


4. Faster and easier Licensing and Legislation

Virtual reality can offer a three-dimensional plan which can help zoning administrators and make the life of people applying for licenses easier by assessing the plan without going to the actual site. This innovation can also help by reflecting potential pipes and problems that may arise, thus giving time to prepare to face and solve the problem.


5. Better management

Once the project is slowly becoming a reality, property managers and clients can see the actual progress and compare it to proposals. This can improve the communication between the team and encourage them to stay on schedule.

With the potential positive effects and benefits of virtual reality, now business brokers Victoria can have more access and accommodate more home buyers. Also, these home buyers will have more areas to choose from and consider moving into Australia.



Confidentiality Agreement

In Consideration of the Vendor of the subject business, or any other business introduced to the Proposed Purchaser and their agent National Brokers Network (“the agent”) providing information to the Prospective Purchaser, the Prospective Purchaser agrees:

1. To keep all information provided confidential in respect to the subject business and any other business introduced to the Prospective Purchaser by the Agent.
2. That no information is to be disclosed by the Prospective Purchaser to any third party without consent by the Agent;
3. That it will not use for themselves. Or for others benefit, such information other than to Purchase the subject business or other business introduced by the Agent;
4. That any agreement to purchase the whole or portion of the business shall be exclusively through the Agent;
5. To immediately return to the Agent all such information and other details in written form including any drawings and any copies made of written information, notes, summaries or extracts of any document therefor if any when requested by the Agent;
6. Under no circumstances will the Prospective Purchaser make direct contact with the vendor of the subject business or other introduced business without the prior written consent of the Agent;
7. If the Prospective Purchaser breaches this agreement or buys the business direct from the Vendor, the Prospective purchaser is liable to and indemnifies the Agent for any and all losses the agent may incur including economic loss and loss of income.v

Client Signature (Sign on the box below)