In a world where we all work remotely and depend on digital assets to perform dayto-
day tasks, it’s no surprise that real estate has started to adopt some of the trends
that are happening across other industries. One such trend is the use of virtual
reality (VR) and augmented reality (AR), which allows homebuyers, tenants, agents,
and brokers to see properties from different perspectives.
This is a growing trend in real estate that could help to improve customer service,
boost efficiency, and even increase sales. VR isn’t just for the tech-savvy, but can be
used by anyone with a computer and access to the Internet. A Matterport survey
shows that listings with a 3D virtual walkthrough sell 31% faster and are priced 9%
higher than those without.
Digital real estate refers to any online property — from domain names to developed
websites, smart phone apps and digital products — that has value. This value can
vary significantly based on how desirable the property is, how stable it is, and how
much it generates in revenue. The digital real estate space has become highly
profitable in recent years and it’s no surprise that more investors are getting
involved. Also read https://www.modernpropertysolutions.com/
Some examples of digital real estate include e-commerce websites, social media
accounts, and blogging sites. These types of assets can be monetized in several
ways, including through advertising on the site. Many people also earn income from
owning online assets such as local lead generation businesses that rank high on
search engine results pages and generate leads for small business owners. These
assets can be sold or rented out to achieve passive income.
Other forms of digital real estate include metaverse properties and online games.
The first commercial metaverse property — an office building in Miami called
Inhouse Commercial — went on sale for $25 million this year, making it the highestvalued
property sold on four major metaverse platforms. Metaverse companies like
The Sandbox, Decentraland and Second Life allow users to purchase acreage of
virtual land that they can use for commerce or other purposes.
The value of digital real estate is rapidly increasing, and more investors are starting
to explore it as a way to diversify their investment portfolios. However, there are
some myths about this emerging sector that should be cleared up before you
consider investing in it. One myth is that you need advanced technical knowledge
and experience to invest in digital real estate. The truth is that you can learn the
skills needed to make money from digital real estate if you are willing to put in the
work. Another myth is that you can’t start a successful digital real estate business if
you don’t have a lot of money to invest. The truth is that you can start a business
with as little as $10 and build it up to a profitable level over time.