The COVID-19 pandemic damaged almost every sector of the global economy in 2020, and real estate also felt the impact. Selling houses requires meeting people, talking with them, and guiding them to and around properties. Public health measures in place around the world today have strictly limited all of these things.
Engel & Völkers was better prepared for these challenges compared to most real estate companies. It had already shopped around for the best technologies on the market and had chosen Matterport.
Results:
- 30% increase in revenue – a record, even during a crisis year
- Reduced costs
- Reduced physical site visits
- More efficient decision-making processes
- More dynamic real estate listings
Read the complete case study to know more.