Categories
Featured-Post-Software-EN Software Engineering (EN)

Create a Real Estate App: Process, Costs, and Key Features

Auteur n°3 – Benjamin

By Benjamin Massa
Views: 22

Summary – In a $7.84 T real estate sector by 2033, digital transformation demands a clear process, cost control, and integration of essential features to secure transactions, streamline rental management, automate brokerage, and enhance customer experience through AI, LLM, and AR/VR. A cross-platform, cloud-native stack with iterative agile deployment ensures scalability, security, and budget oversight (MVP CHF 80,000–150,000; full platform CHF 300,000–600,000).
Solution: adopt a modular, hybrid approach (outsourcing + local support), diversify monetization, and track CAC, LTV, and time-to-value to maximize ROI and turn the app into a true growth driver.

The global real estate sector, estimated at USD 7.84 trillion by 2033, is undergoing a digital revolution. Apps are no longer just property catalogs: they are becoming fully integrated platforms covering rental management, transactions, financing, and customer support. In this competitive environment, defining a clear development process, controlling costs, and selecting key features are essential to turning a real estate app into a sustainable and differentiating growth driver.

Supported Business Models

Modern real estate apps support a variety of transactional models, from buy-to-rent to asset tokenization. These platforms also integrate secure transaction handling and automated brokerage to offer a multifaceted value proposition.

Buy-to-Rent and Rental Management

This model allows an investor or manager to offer properties for long-term or furnished rental through a centralized interface. The platform handles bookings, invoicing, and tenant relations, while providing visibility to both owners and tenants.

The methodology incorporates workflow automation: security deposit collection, lease generation, and payment tracking. It reduces manual interventions and minimizes administrative errors.

By combining a SaaS model with transactional services, the app publisher can charge a monthly subscription and take a percentage of each rent payment.

Tokenization and Digital Escrow

Tokenization involves splitting a real estate asset into digital tokens, allowing ownership access in smaller amounts. The platform issues and manages these tokens, ensures their traceability, and simplifies liquidity for held shares.

Digital escrow secures the transaction by holding funds in escrow until contractual conditions are met, thus mitigating the risk of non-performance or disputes.

This model attracts new investors, enhances transparency, and generates recurring revenue through management and transaction fees.

Automated Brokerage and Mortgage-as-a-Service

Automated brokerage uses AI to analyze buyer profiles, recommend properties, and generate tailored proposals. The algorithm aggregates market data and refines recommendations in real time.

Mortgage-as-a-service involves integrating banking APIs to simulate and subscribe to a mortgage directly within the app, shortening the customer journey and reducing friction.

By combining brokerage and integrated financing, the app creates an ecosystem where each service becomes an additional revenue source through commissions and subscriptions.

Example : A company launched a buy-to-rent platform combined with an in-house tokenization solution. This case shows that by mixing these two models, the player was able to diversify revenue streams, attract more small investors, and limit exposure to rental market fluctuations.

Benefits for Stakeholders

A well-designed real estate app significantly reduces customer acquisition costs and shortens the sales cycle. It also enhances engagement through personalized services and strengthens operational efficiency.

Lower CAC and Accelerated Sales Cycle

Digitalizing the customer journey reduces reliance on costly traditional channels (offline advertising, physical agent networks). Acquisition via SEO, AI and AI chatbots delivers qualified traffic at a lower cost.

Automating lead filtering and online booking reduces the time between initial contact and signing the mandate or contract.

The result is a lower cost per transaction and faster property turnover, optimizing marketing and sales ROI.

Client Engagement and Personalized Services

By integrating intelligent recommendation modules and dedicated portals, users enjoy a seamless and contextual experience. AI chatbots answer queries 24/7, improving satisfaction and retention.

Push notifications and personalized dashboards encourage interaction and maintain a privileged connection between the user and the platform.

This personalization builds trust, promotes digital word-of-mouth, and increases customer lifetime value.

Operational Efficiency and Reduction of Manual Tasks

Integrating e-signature tools, document management, and automated workflows reduces manual interventions. Teams can focus on high-value tasks.

Syncing with accounting and CRM systems eliminates duplicate entries and reduces errors, ensuring optimal traceability.

As a result, service productivity increases, lowering the average cost per transaction and improving operating margins.

Example : A real estate development firm deployed an AI brokerage module and integrated e-signatures. This case demonstrates how the platform shortened the validation process by 30 %, reduced administrative costs, and improved institutional investor satisfaction.

Edana: strategic digital partner in Switzerland

We support companies and organizations in their digital transformation

Key Technologies for a Real Estate App

To meet performance, security, and scalability requirements, the app must be built on a robust mobile and cloud stack. AI/LLM and AR/VR components enhance the experience by adding intelligence and immersion.

Mobile Stack and Cloud Infrastructure

Cross-platform frameworks (React Native, Flutter) speed up development while ensuring a native UI/UX. They simplify maintenance and reduce multi-OS development costs.

On the backend, a microservices architecture deployed on a public or private cloud ensures scalability and service isolation. Docker containers and Kubernetes handle deployment and automatic orchestration.

With CI/CD and infrastructure as code, each update is tested and deployed reliably, securely, and repeatably.

AI, LLM, and Automation

Language models (LLMs) provide the foundation for chatbots, document analysis, and personalized recommendation generation. AI refines property selection based on preferences and behavioral data.

Scoring algorithms assign creditworthiness and relevance scores, facilitating automated brokerage and lead pre-qualification.

Automated AI workflows handle fraud detection, document validation, and dispute management, freeing support teams to focus on other tasks.

AR/VR and Immersive Experiences

AR integration enables prospects to visualize virtual furnishings overlaid on the actual property. VR offers immersive 360° tours accessible via headset or browser.

These experiences increase engagement, reduce physical visits, and broaden the prospect pool internationally.

The AR/VR combination enhances the app’s appeal and positions the platform as an innovative player in a competitive market.

Development Costs and ROI Strategy

Budgets vary widely depending on scope: an MVP focuses on core features, while a full-featured platform requires higher investment. The choice between outsourcing and local development also affects the overall cost.

From MVP to Full Platform

An MVP focuses on core features: catalog, search, user profile, and contact. It validates the concept in 3 to 6 months with a budget estimation of CHF 80,000 to 150,000.

The full platform additionally integrates tokenization, mortgage-as-a-service, advanced AI, and AR/VR. Expect costs of CHF 300,000 to 600,000 and a 9 to 18-month deployment.

Adopting an iterative roadmap ensures quick initial feedback while progressively controlling feature scope and budget.

Outsourcing vs Local Development

Outsourcing to specialized providers offers expert skills at competitive rates but may require increased communication and quality management.

A local development center, ideally in Switzerland or Europe, facilitates cross-functional collaboration, ensures aligned time zones, and enhances data confidentiality.

The hybrid model, combining offshore for standard components with local teams for strategic modules, balances costs and risks.

Differentiation Strategy and Maximizing ROI

To stand out, identify high-value features: AI scoring, bespoke AR experiences, exclusive banking API integrations, or digital concierge services.

A diversified monetization strategy (subscriptions, commissions, freemium) ensures recurring revenue and enables reinvestment in innovation.

Tracking key metrics (CAC, LTV, time-to-value) and continuously adjusting the roadmap ensure optimized ROI.

Example : One player launched a mobile MVP dedicated to rental management before adding tokenization and AI brokerage modules. This case shows that a progressive scale-up aligned with user demand limited initial cost overruns and increased ROI by 40 % over two years.

Maximize Your Real Estate App’s Performance

By combining tailored business models, proven benefits (lower CAC, client engagement, operational efficiency), an evolving tech stack, and a controlled cost strategy, your app becomes a true growth driver. Adopting an iterative and hybrid approach, favoring open source and modularity, ensures a secure, scalable, and differentiating solution.

Our experts are available to analyze your project, define the most suitable roadmap, and support you in building your real estate platform. Together, let’s turn your vision into a lasting competitive advantage.

Discuss your challenges with an Edana expert

By Benjamin

Digital expert

PUBLISHED BY

Benjamin Massa

Benjamin is an experienced strategy consultant with 360° skills and a strong mastery of the digital markets across various industries. He advises our clients on strategic and operational matters and elaborates powerful tailor made solutions allowing organizations and entrepreneur to achieve their goals. Building the digital leaders of tomorrow is his day-to-day job.

FAQ

Frequently asked questions about real estate applications

How do you determine the key features for a real estate application?

To prioritize essential modules, start by analyzing user needs and your business model. Identify the main workflows: property management, listing searches, online payments, or automated brokerage. Then, validate each feature through workshops with stakeholders. This iterative approach allows you to narrow the initial scope and build an MVP focused on business value, before gradually adding modules like tokenization or banking APIs.

What are the main risks when implementing a real estate MVP?

Major risks include scope creep, unsuitable architecture, and regulatory non-compliance. Insufficient decoupling can hinder development. Be sure to continuously validate the technical and legal feasibility of features (GDPR, escrow). Adopt a modular architecture and frequent releases to quickly correct any deviations. Finally, involve end users early to avoid off-target development and ensure adoption.

How do you choose between a monolithic architecture and microservices for this type of application?

The choice depends on the complexity and rate of evolution desired. A well-structured monolith is suitable for a simple first MVP, with shorter timelines and lower maintenance costs. If you anticipate rapid scaling, varied features, or integration with third-party services (AI, tokenization), microservices provide isolation, granular scalability, and facilitate independent deployments.

Which metrics should you track to measure the success of a real estate application?

To evaluate performance, monitor Customer Acquisition Cost (CAC), Lifetime Value (LTV), churn rate, and time-to-value (time to contract signing). Analyze engagement through return rate, time spent in the app, and features used. Complement these metrics with customer satisfaction (NPS) and lead-to-contract conversion rate to adjust your roadmap and optimize ROI.

How does open source improve the flexibility and security of a real estate application?

Open source provides full control over the code, reducing vendor lock-in and accelerating innovation through a large community. You can audit and tailor each component to meet your security and privacy requirements. Additionally, regular updates and a proven ecosystem ensure higher reliability and scalability, while keeping license costs low.

How do you integrate a tokenization solution without complicating the architecture?

Opt for a decoupled module via a dedicated REST API or a specific microservice for tokenization. This isolation allows you to handle token creation, traceability, and digital escrow without impacting the core functionality. Carefully document the interface and standardize security processes (cryptographic keys, audit logs) to simplify maintenance and scaling.

What criteria should you use to select a local versus offshore provider?

First, assess mastery of key technologies (Flutter, Kubernetes, LLM). A local provider (Switzerland/Europe) facilitates real-time collaboration, confidentiality, and cultural proximity. Offshore can offer competitive rates for standard components. Favor a hybrid model where the local team leads architecture and strategic modules, while the offshore team handles repetitive development under a strict agile framework.

How do you ensure compliance and security for integrated transactions (digital escrow)?

Implement automated escrow procedures to ensure funds are released only upon meeting contractual conditions. Encrypt data at rest and in transit according to standards (TLS, AES). Establish an immutable audit trail for each step and continuous anomaly monitoring. Finally, validate legal compliance (KYC/AML) and conduct regular penetration tests.

CONTACT US

They trust us for their digital transformation

Let’s talk about you

Describe your project to us, and one of our experts will get back to you.

SUBSCRIBE

Don’t miss our strategists’ advice

Get our insights, the latest digital strategies and best practices in digital transformation, innovation, technology and cybersecurity.

Let’s turn your challenges into opportunities.

Based in Geneva, Edana designs tailor-made digital solutions for companies and organizations seeking greater competitiveness.

We combine strategy, consulting, and technological excellence to transform your business processes, customer experience, and performance.

Let’s discuss your strategic challenges:

022 596 73 70

Agence Digitale Edana sur LinkedInAgence Digitale Edana sur InstagramAgence Digitale Edana sur Facebook