How much does it cost to build a business intelligence app for the real estate sector?

Standard price for a business intelligence app for the real estate sector: $37,500

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What is a business intelligence app for the real estate sector?

Business intelligence apps for the real estate sector provide business owners and investors with information about regional and global markets. Real estate professionals can use these apps to track local and national housing trends, analyze the impact of current economic conditions on their businesses, or make long-term investment decisions based on market forecasts.

Business intelligence apps for real estate are similar to other business management apps like project management apps and marketing automation apps. Real estate business intelligence apps include Apartment List, Zillow, Zumper, and Yardi Pro.

Here are some recent business intelligence app for the real estate sector examples built with Crowdbotics:

  • A web app that shows real estate listings in Moscow and allows users to browse pertinent details about each listing (including pictures, dimensions, and price) and provide details that they can use to contact the realtor for each listing.

What is the typical cost to build a business intelligence app for the real estate sector?

A business intelligence app for the real estate sector usually costs $37,500 to build. However, the total cost can be as low as $25,000 or as high as $50,000. A business intelligence app for the real estate sector with a low number of features (also known as a "minimum viable product", or MVP) will be more affordable than an app that includes all intended functionality.

For example, here are some recent price quotes for a business intelligence app for the real estate sector from Crowdbotics:

  • $35,000

How long does it take to build a business intelligence app for the real estate sector?

A business intelligence app for the real estate sector usually takes 467 hours to build. However, a business intelligence app for the real estate sector can be built in as few as 233 hours, or in as many as 700 hours. The exact timeline mostly depends on how complicated your app is. As a general rule, it will take longer if you require highly custom designs, niche features, or non-standard release platforms.

For example, Crowdbotics produced the following recent hourly estimates for a business intelligence app for the real estate sector:

  • 467

How to successfully grow your business intelligence app for the real estate sector

A business intelligence app will achieve viral growth when it provides specific, relevant information to real estate professionals. A business intelligence app for the real estate sector could provide notifications about new listings, the latest market trends, and data on home values in local neighborhoods. This type of app will need to offer a personalized experience for its users. It must be able to analyze each user's preferences and display information based on that analysis. The app needs to show users data that is relevant to their line of work and also highlight any new trends that they may not already know about.

Risks and challenges of building a business intelligence app for the real estate sector

Business intelligence apps for the real estate sector may face risks related to data security and privacy. It is important to ensure that you have a strong permission flow, strong authentication mechanisms, and detailed retention policies for sensitive data.

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Some of the descriptions on this page were completed with AI assistance. Learn more here.