Zillow expands and improves AI-powered interactive tours, helping home shoppers move with speed and confidence

Rhea-AI Summary

Zillow has launched Zillow Surfing 2.0, featuring an AI-generated floor plan that integrates listing photos and 3D tours to enhance the virtual home shopping experience. This technology allows buyers to visualize a home's layout and flow without physically visiting. Research shows that 56% of buyers wasted time on homes they would have skipped with prior floor plan knowledge. The new tools aim to expedite the buying process in a competitive market, where homes sell in an average of just four days. Agents are also seeing increased interest from serious buyers due to immersive listings.

Positive

• AI-generated floor plans enhance home searching efficiency.
• Over 70% of buyers and sellers find interactive floor plans crucial.
• New technology aims to reduce time wasted on unsuitable listings.

Negative

• None.

The next generation of Zillow surfing uses an AI-generated floor plan to bring together listing photos and 3D tours for a more authentic and seamless virtual home-shopping experience

SEATTLE, June 15, 2022 /PRNewswire/ -- Zillow surfing 2.0 is here. At a time when so many people are rethinking where and how they want to live, home shoppers in major markets across the country can get a deeper sense of a home than ever before without stepping foot inside.

Zillow's AI-generated floor plan — powered by Zillow tech but available to use for free on listings anywhere — serves as a dynamic guide to give shoppers digital insight and detail so they can more quickly and easily narrow their search to only the homes they love and want to see in person. Now, Zillow uses machine learning to not only generate floor plans, but also imports each listing photo and places it on the floor plan, giving shoppers an in-person perspective of a home's shape and flow that simply scrolling through can never do.

"Zillow surfing has always been about imagining all the possibilities a move could bring, and Zillow surfing 2.0 is bringing those possibilities to life in a much more interactive, realistic way," said Josh Weisberg, vice president of Zillow's Rich Media Experience team. "Now shoppers can act more quickly and confidently, whether they're searching in their own neighborhood or hundreds or thousands of miles away. We're pushing the boundaries of what home buyers and renters can expect when shopping for a home online."

For buyers and renters, Zillow's AI-generated floor plan means navigating more seamlessly and naturally through photos, a 3D Home tour and other listing information, getting a remarkably accurate sense of a home's flow and space. An hour of teleporting through interactive floor plans on Zillow can replace an afternoon, or longer, of scheduling tours and driving around town to see homes in person. 

More than half (56%) of buyers agree they wasted time on their home search by viewing properties that they would have skipped if they had understood the floor plan before their visit. Almost three-quarters (74%) agree that a dynamic floor plan helps them determine if a home is right for them.¹

The pandemic and the supercharged housing market that followed drove rapid adoption of tech tools that have fundamentally changed the way people buy and sell. With more virtual tours on Zillow listings than ever before, it's easier to explore and picture life in a home. Shoppers can evaluate homes from the comfort of their couch — assessing condition, validating details, layout, size and orientation — to make the most of their time. Or they can relive an in-person tour without traveling for a second visit. That speed is critical in today's ultracompetitive market, when homes are selling in just a week nationwide, and as quickly as four days in some areas.

For agents and landlords, this new and expanded technology means bringing a listing to life and showing homes to more serious and interested shoppers. Eighty-one percent of buyers and 71% of renters said they were more likely to visit a home if the listing included a floor plan they liked.

Zillow uses panoramic photos captured by an agent or photographer with the free 3D Home app and a 360-degree camera, and then applies the company's computer vision and machine-learning models to generate a 3D Home tour and interactive floor plan. This includes AI-predicted room dimensions, square footage and the location of the listing photos relative to the other media. And now, it also imports every listing photo and places them on the floor plan to more easily navigate and get a feel for the home.

The floor plan, 3D tour and photos are automatically uploaded to the listing on Zillow and Redfin, and can also be added to the MLS, embedded in a website, or shared via email or social media.

That's especially important for agents using Zillow's immersive virtual tours as a cost-effective way to showcase and share listings and generate more leads. In a survey this spring, 71% of sellers said they are more likely to hire an agent who includes virtual tours and/or interactive floor plans in their services. And three-quarters of sellers said including a floor plan was a highly important characteristic for their listing.

"Immersive floor plans give agents the ability to build a connection between potential buyers and listings prior to any showings," said George Laughton, founder of the Laughton Team in the Phoenix area. "They give buyers a sense of familiarity and make them feel as though they've been in the home before, helping them establish a stronger emotional connection with the home."

¹  According to data from the Zillow Consumer Housing Trends Report. The survey was fielded between March and August 2021.

About Zillow Group

Zillow Group, Inc. (NASDAQ: Z and ZG) is reimagining real estate to make it easier to unlock life's next chapter. As the most visited real estate website in the United States, Zillow® and its affiliates offer customers an on-demand experience for selling, buying, renting or financing with transparency and ease. 

Zillow Group's affiliates and subsidiaries include Zillow®, Zillow Premier Agent®, Zillow Home Loans™, Zillow Closing Services™, Trulia®, Out East®, ShowingTime®, Bridge Interactive®, dotloop®, StreetEasy® and HotPads®. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org). 

 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/zillow-expands-and-improves-ai-powered-interactive-tours-helping-home-shoppers-move-with-speed-and-confidence-301568369.html

SOURCE Zillow

FAQ

What is Zillow Surfing 2.0?

Zillow Surfing 2.0 is a new feature that combines AI-generated floor plans with listing photos and 3D tours for a more immersive home shopping experience.

How does Zillow's AI technology benefit home buyers?

Zillow's AI technology helps home buyers visualize a property's layout and flow, potentially reducing time spent viewing unsuitable homes.

What percentage of buyers wasted time on unsuitable home visits?

56% of buyers agree they wasted time on home visits that could have been avoided if they understood the floor plan beforehand.

How quickly are homes selling in today's market?

Homes are selling in an average of just four days in some areas, highlighting the importance of efficient home shopping tools.

What impact does the new technology have on real estate agents?

The new AI-generated floor plans and immersive tours are likely to make listings more attractive to serious buyers, helping agents generate more leads.