Real Property Management Performance

Why Virtual Tours are a Must for Rental Property Owners

As a Long Branch rental property owner, you have to know that marketing is a factor in locating the perfect renters. And if you’re not taking advantage of virtual tours yet, you’re missing out! Giving potential tenants the chance to take a virtual tour of your rental properties is a wonderful way to show them what they’re possibly going to get before they even walk through the door. In what follows, we’ll discuss the benefits of using virtual tours for your rental property marketing and justify why every rental property owner should be using them.

Virtual Tour Basics

By definition, a virtual tour is a digitally rendered walk-through of a rental property. Nothing like photographs, which show the property based on the photographer’s point of view, virtual tours can present an in-depth glimpse into each room of a property. Virtual tours can likewise set aside prospective renters to measure spaces and areas of the home and even digitally place their furnishings to see how they would fit.

New studies have shown that renters want virtual tours of rental properties. According to results compiled by Zumper, more than 70% of renters say they would appreciate being able to rent an apartment without seeing it in person if they could check it out through a 3D virtual tour.

Types of Virtual Tours

Virtual tours are an immersive way for potential tenants to see your rental properties. They provide an opportunity for prospective renters to get a feel for the space and see if it meets their needs without having to visit the property physically.

There are three main types of virtual tours: a 360 virtual tour, a 3D virtual tour, and a virtual reality tour.

  1. 360 Virtual Tour. A 360 virtual tour is a single panoramic image stitched together from several photographs. These tours permit potential tenants to see an entire room in one image, then click and drag to look around. 360 virtual tours are simple and inexpensive to create, making them a great option for Long Branch property managers just starting with virtual tours.
  2. 3D Virtual Tour. A more immersive option than a 360 virtual tour, a three-dimensional (or “true”) virtual tour allows potential tenants to walk through the property as if they were there. These tours are created by taking numerous photographs of a rental property and then piecing them together using special software. Because of the time and effort involved in creating them, high-end rental properties usually only use three-dimensional virtual tours.
  3. Virtual Reality Tour. The newest and most immersive type of virtual tour is the virtual reality (VR) tour. These tours allow potential tenants to put on a VR headset and explore the property as if they were walking through it. While VR tours are still relatively rare, they are becoming more and more popular as VR technology becomes more accessible.

What are the benefits of virtual tours?

How to Optimize Your Virtual Tours

Quality Matters. Be sure to use high-quality images and videos, and avoid using low-resolution or blurry photos. You want the prospective tenants to get a clear sense of your rental properties, so be sure to use quality virtual tour content.

Include a Call to Action. Make sure to include a call to action (CTA) at the end of your virtual tour. A CTA is a statement or button encouraging potential tenants to take the next step, such as scheduling a showing or contacting you for more information. By including a CTA, potential tenants are more likely to rent from you.

 

Virtual tours are a great way to give potential tenants a feel for your rental properties without having to physically visit the property. If you’re not already using virtual tours in your rental property marketing, now is the best time to start. Ready to learn more about how to incorporate virtual tours into your rental property marketing? Contact us online today!