Gold Coast based Proptech company, RealAR announced this week that it has joined forces with location-based experience platform tagSpace to launch a new strategic partnership.
With COVID-19 now a global emergency, the recent heightening of travel restrictions, limitation of mass gatherings and social distancing are affecting multiple sectors, including the property industry.
The partnership brings with it the capability to take all aspects of travel out of the new home building experience by moving everything from the search for land to the design of your kitchen to your smartphone. Imagine being able to:
- Explore neighbourhoods and inspect land packages virtually;
- Review home designs and floorplans that are suitable for the land parcels you are interested in;
- Place a virtual version of the homes that you are interested in on the land you have selected;
- Virtually walk through the home on your land, taking in all of the surrounds of the land and positioning windows, doors and fittings in places that best capture the light and views.
It’s incredible, right?!!
Gold Coast Innovation Hub member and CEO of RealAR, Dan Swan said the partnership would solidify RealAR as the go-to solution for property professionals to understand plans as easily as physical property. “We have been watching tagSpace’s progress into areas such as Smart Cities for a number of years and now together we’re bringing the best experiences to both residential and commercial real estate, especially now with property professionals using technology in new ways to reach customers”.
Paul Martin, tagSpace CEO will become RealAR’s Co-CTO to bolster delivery of property visualization capabilities. The two companies are based in the Gold Coast region of Australia and specialists in the emerging technology of Augmented Reality. Both tagSpace and RealAR are also Techstars portfolio companies.
“We have been connected with the RealAR team a while but our relationship forged after our companies each joined the Techstars family, the global platform for investment and innovation. RealAR’s commitment to solving real world problems using technology is impressive. Visualising real estate in-situ using mobile AR technologies is important now more than ever due to travel and social recommendations being imposed in the wake of COVID-19”, said Paul Martin, Founder and CEO of tagSpace. “Combined with tagSpace’s XR city-scale annotative ‘tags’ and cloud solution, we are excited to have a combined offering that can help businesses sell and lease property, even in an economic downturn”.
Go to realar.com for more details how RealAR can help property buyers and sellers view property remotely during the COVID-19 global crisis.
Check out our member interview with Chris from RealAR for some tips on growing an innovative business from the Gold Coast.
