AI Generated Business Plan
Here is your Startup Idea
You can use this idea to start your own business. You can also use it to pitch to investors.
Real Estate Virtual Tours
Real Estate Virtual Tours provides real estate agents with an immersive platform to create virtual tours of homes for prospective buyers.
- Industry
- real estate
- Product Type
- digital
- Problem
- Real estate agents have difficulty providing prospective buyers with a comprehensive view of homes during the pandemic.
- Market Size & User Personas
- Real estate agents, home buyers, home sellers, real estate investors.
- Solution
- Provide an online platform for real estate agents to create virtual tours of homes for prospective buyers.
- MVP Features
- 360 degree views of homes, interactive elements such as movement through rooms, ability to add text and images to the tour.
- Implementation Details
- Create mockups of the virtual tour platform and test with users, hire software developers to build the platform, set up hosting and personnel for customer service and marketing.
- Value Proposition
- Real estate agents will be able to offer their clients an immersive experience, allowing buyers to view homes from the comfort of their own home.
- Pain Points to Solve
- Provide a safe and secure way for buyers to view homes without having to physically visit the home.
- Sales & Marketing Channels
- Online marketing, social media, word of mouth, referral networks, email marketing.
- Revenue Stream Sources
- Subscription fees, advertising revenue, sponsorship, affiliate programs.
- Cost Structures
- Software development, hardware, hosting, personnel.
- Key Activities
- Software development, user experience design, customer service, marketing and advertising.
- Key Resources
- Software developers, user experience designers, customer service personnel, marketing and advertising staff.
- Key Partners
- Real estate agents, home buyers, home sellers, real estate investors.
- Competition Landscape
- Competitors include virtual tour platforms such as Zillow, Redfin, and Matterport.
- Competition Advantage
- Our platform will provide a more immersive experience for buyers, with 360 degree views and interactive elements.
- Idea Validation Steps
- Interview real estate agents and buyers to assess the demand for the product, conduct market research to assess competition, create mockups of the virtual tour platform and test with users.
- Potential Business Challenges
- Competition from existing virtual tour platforms, difficulty in acquiring users, scalability.