Virtual Tours in the Wake of COVID-19

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$ 99.00


11 am PT / 12 pm MT / 1 pm CT / 2 pm ET
*approximate length: 45 minutes to 1 hour

Presenter: James Scott, Lead Researcher, MIT’s Real Estate Innovation Lab

The COVID-19 pandemic continues to cause major disruption across the real estate industry and as social distancing has become our new reality, we have all had to adjust our lifestyle which has had considerable impact on how people can view real estate. To combat a stalling market, real estate professionals from all over the world are now shifting their focus to the concept of virtual tours. Property managers have been at the forefront of adopting these new technologies in the wake of the virus outbreak and thankfully a number of products and technologies are readily available to help showcase properties through different technologies such as virtual reality (VR).

During this informative session, James Scott, Lead Researcher at MIT’s Real Estate Innovation lab will provide a background to all aspects of this technology area outlining 3D virtual tours, VR equipment, schematic floor plans, customizable 3D presentations, interactive maps, and live panoramas, while also looking at some of the more interesting companies providing these systems.

Key takeaways:

  • How Virtual Reality is being used in real estate
  • The decision factors involved in choosing the right technology for you
  • What the best real estate virtual tour software features are
  • Insight into the leading providers in the marketplace

James Scott James Scott, who is working with IREM as Technology Innovator-in-Residence, is Lead Researcher for the MIT Real Estate Innovation Lab (REIL). REIL merges MIT’s school of real estate with its technological capabilities to create an innovative real estate tech research platform. Among other projects at REIL, Scott has been responsible for creating a global database of all real estate-oriented technology companies, and has identified over 1,800, with that number continuing to rise. His experience with this project further validates the impact of technology on the world of real estate. As Innovator-in-Residence at IREM, Scott’s goal is to identify innovations that can help IREM members operate their buildings more efficiently, improve their properties’ competitive positioning, and better serve tenants and clients.

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