How Much Does It Cost to Create a Commercial Real Estate App like Zillow?

Have you asked yourself how the real estate market was able to change over the past ten years?

The real estate market has grown due to the mobile applications growth in the recent past. It has become one of the most progressive sectors due to technological development. Also, it has become clear that it is useful to use a commercial real estate app like Zillow while taking part in buying or selling a house. However, this has been made easier in modern society by introducing real estate applications for Android, iPhone, and the web. From entering specific property searches to feeling a sense of virtual property tours, these smart real estate apps provide clients with tailored recommendations and filter options to enhance the user flow. This has changed the conventional business manner in the real estate industry, and mobile applications for Android and iOS devices have been adopted. 
Why is Zillow one of the top real estate apps in Canada? Given this question, it is necessary to focus on what exactly a commercial real estate application is.

What is a Commercial Real Estate App?

A commercial real estate app is an application that can be utilized on a website or a mobile device to let commercial property investors and owners buy, sell, rent, or manage the property. These types of property include offices, shops, factories, etc. It has provided numerous options and tools to assist with various practices based on business and property with respect to investors, brokers, property managers, and tenants involved with commercial real estate ventures.

Now, let’s explore the pivotal features driving a commercial real estate app like Zillow.

Key Features of a Commercial Real Estate App

Here are some key features to consider while building a commercial real estate app like Zillow.

Lead Management:

• CRM Integration: Tactics such as Customer Relationship Management tools for managing leads, follow-ups and customer interactions.
• Contact Options: A clear individual and easy access of the intended buyers or tenants to the brokers or property owners.

Lease Management:

• Contract Handling: Platforms that help administrate leases, renewals, and expiration of leases.
• Tenant Communication: Access to features that allow property managers to interact with their tenants, report issues and request maintenance. 

Financial Tools:

• Mortgage Calculators: Software applications for calculating home loans and related financial solutions.
• Expense Tracking: Some of these include the property expense tracker, the rental income tracker, and the company’s overall financial performance.

Data and Analytics:

• Market Insights: Market information that constitutes market trends regarding vacancies and rental rates for property.
• Property Performance: Information on property performance and tenant demand, such as occupancy and turnover rates.

Notifications and Alerts Updates: 

• Event-triggered: This feature gives real-time notifications about new places for sale, new rental places listed, sales starting soon, space leases expiring, etc.
• Reminders: Notifications of upcoming meetings, appointments, property inspections, maintenance, and other financial events.

Moving forward, let’s discuss crafting the optimal tech stack for a commercial real estate app like Zillow.

Optimal Technology Stack for a Powerful Zillow Clone App

Building a robust commercial real estate app like Zillow needs a well-chosen technology stack that ensures flexibility, efficiency, and dependability. Here’s a concise overview of the key technologies involved:

Key Components for Developing a Real Estate App

1. Mapping and Location Services:
   • Google Maps and Location Tracking APIs: These are essential for accurate property locations and neighbourhood insights in a commercial real estate app like Zillow.
2. Development Frameworks:
   • Firebase SDKs: Available for Android, iPhone, and web applications, providing authentication, real-time databases, and analytics.
3. Cloud Services:
   • Amazon Web Services (AWS): Apps like Zillow offer scalable and reliable cloud computing platforms and APIs for seamless data access and storage.
4. Native Android Development:
   • Java and Kotlin: Primary languages for efficient and stable Android app development.
5. Native iOS Development:
   • Objective-C and Swift: To build a commercial real estate app like Zillow, Objective-C and Swift are used for for modern and high-performance iOS app development.
6. Cross-Platform Development:
   • React Native, Flutter, and Xamarin: Allow development of apps that run on both iOS and Android from a single codebase.
7. Database Management
   • MongoDB: A flexible and scalable database solution for managing large datasets, such as property listings and user profiles.
8. Third-Party APIs
   • APIs: Enable integration of dynamic content from Zillow, providing up-to-date property information and market data.
9. User Behavior and Marketing Tools
   • SDKs: Facilitate understanding user behaviour, improving marketing campaigns, social login options, and content sharing.

Now, let’s discover the essential steps and costs to develop your commercial real estate app like Zillow.

Estimating the Cost to Develop a Commercial Real Estate App like Zillow

Creating a commercial real estate app like Zillow involves several key factors influencing the overall development cost. Here’s a concise breakdown:

• Feature Complexity:

Mobile phone features, in general, are an important criterion that affects mobile phone costs. Such smaller-scale features include property listing and search with additional authentication properties. Enhanced elements such as map integration, 3D tours, and integration of customer relations management make the system more sophisticated and expensive. The actual costs include additional service features like Artificial Intelligence-based suggestions and Live conversation help.

• Development Team:

A team involves a project manager, the UI/UX designer, frontend and backend coders, IOS/Android developers, and QAs. In this situation, the application is still being developed collectively by a team of developers, in which all of them, assuming various responsibilities, are involved in its design and functionality.

• Technology Stack:

Some of the technologies embraced by the developers are HTML5, CSS3, Java script front-end node js, Python and Java back-end mobile swift, kotlin, react native, and flutter, as well as database management like MongoDB, PostgreSQL, and MySQL cloud services like AWS, Google Cloud Platform, and Microsoft Azure. There are also external costs, which may include integration with parties such as Google Maps and APIs. The React native app development costs also determine the overall cost of creating a commercial real estate app like Zillow.

• Design and User Experience:

For the application to be successful, the design must make it comfortable for the user. User interface, wireframing, prototyping, and GUI/UX designs help make the final app understandable, attractive, and responsive for both portable and non-portable devices.

So, when working with a professional development team, these factors can be considered, and an accurate estimation of the cost of creating a commercial real estate app like Zillow will be possible.

After learning the real estate app development cost for building a commercial real estate app like Zillow, now let’s discover the benefits of an app like Zillow.

Benefits of a Commercial Real Estate App like Zillow

A commercial real estate app like Zillow offers numerous benefits to various stakeholders within the real estate industry and beyond:

1. Increased Accessibility: Listing properties in a commercial real estate app like Zillow is very easy through mobile devices and computers, which reach the probable buyer, sellers, tenants, or investors more easily.
2. Efficient Property Search: Applicants can employ specific filters and other enhanced search options and receive individual tips for selecting the proper commercial properties, which is far more convenient than employing conventional means.
3. Innovative Tools: Innovative elements, such as tools like an interactive map or a virtual tour and detailed property descriptions, help the user gain as much exposure to the property as possible and make an informed decision.
4. Streamlined Transactions: It streamlines the negotiation process for buyers, sellers, and real estate brokers, making overall home buying/brokerage transactions easier. Consumers can arrange appointments to preview properties, make offers, and conclude the deals with a click, eliminating much paperwork and bureaucracy.
5. Market Insights: While these highly recommended apps cater to commercial real estate entities in different ways, they are all typically able to deliver property insights and specific product trends, not to mention property pricing and neighborhood demographics, to enhance the user’s buying and investment decisions.
6. Improved Customer Engagement: Commercial real estate apps like Zillow include features such as user-generated reviews, ratings, and feedback options, they enhance the trust and transparency of the users, which, in return, ensures a high level of customer satisfaction and, inevitably, revenues.
7. Accessibility to Professionals: Brokers, agents, or property managers keen on the real estate market can benefit from the app and gain a new channel to promote their listings and try to attract a broad audience and several appealing clients, using integrated tools of CRM and lead managers.
8. Cost Savings: In this digital age, cost savings are achieved in marketing-related costs, operational costs in marketing their related products or services, and time in completing a single property transaction, increasing the efficiency and profitability of the endeavor to both parties involved.
9. Market Expansion: Real estate business applications may retain features for international transactions. They give customers a platform to support across the global real estate markets without being physically present there, increasing the range of available investment opportunities and portfolio diversification.
10. Adaptability: By adopting technology and invention, a commercial real estate app like Zillow stays ahead of the arc and adjusts to varying market dynamics, providing persistent relevance and competitiveness in the industry.

Why Choose Techugo for Real Estate App Development?

In real estate, Techugo can be considered the best fit for expertise and creative ideas for app development. Having successfully implemented the best solutions for various industries ranging from real estate, Techugo boasts a rich experience based on mobile solutions. Their team of highly qualified developers, designers, and strategists has focused on working on hi-tech applications that best suit their client’s needs and expectations. Through the usage of the new trends applied to technologies, we guarantee that your real estate app will look as great as it works and is very convenient to use.

Using the best technical practices to develop technological solutions, Techugo embraces the concept and design of future technology development and expands its reach to cover the deployment and all subsequently relatable processes. To build a commercial real estate app like Zillow, Techugo has dedicated attention to user needs, validation, and rigorous QA processes means they deliver a bug-free, user-friendly app experience. Additionally, Techugo provides additional app support and maintenance services to retain its efficiency for an endless period and suit the constantly evolving needs of the real estate market. Techugo, an app development company in Canada, brings the value-added concept of comprehending the regional market trends and client base, making it the best choice for developing software.

In Summary

To sum up, the segment of real estate services has continued to evolve over the last decade, mainly through increased use of technology and mobile applications. Undoubtedly, a valuable commercial real estate app like Zillow has played a crucial role in transforming the commercial real estate industry by providing more accessibility, faster and more convenient deals, and timely and relevant market data to others in the world. These apps for property experience include search filters, automated mapping and virtual tours, and tour virtualization; the features can offer a natural customer experience for buying, leasing, trading, or investing in property. Thus, the availability of a successful mobile app development company in Canada, like Techugo, also added value to the emergent real estate industry. Techugo can tap into the experience of the firm and its innovative approaches to provide unique value and solutions that can help them compete and thrive in today’s volatile business climate while at the same time gaining greater efficiency.

Contact us today to embark on a journey towards digital change and excellence together.