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Digital Real Estate – A Growing Trend in Real Estate

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.

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