Are you shifting or moving to a new place, city, or country? Oh, dear! We know how exhausting it can be! There is a heck of a load of things to take care of. And amidst all this, finding and renting a new apartment that you can call ‘home’ tops the list of worries. To rent the right property or apartment, you will certainly need to contact real estate agents of the city you are moving to.
Real estate is one of the largest and fastest-growing industries today. Hence, millions of people rely on real estate firms or agents to find rental properties at the right prices. Real estate firms and agents provide a wide range of services to their clients, including tenants and landlords.
With the rise of demand in rental apartments, the demand for apartment rental finder app development is also booming. Moreover, the never-ending spike in technology is also responsible for the unstoppable growth of real estate apps.
While we are on the topic of real estate rental finder apps, the newest addition to the apartment finder app development bandwagon is Zumper. Real estate apps and property management solutions like Zillow and Redfin are enjoying their global success, Zumper is also paving its way as a trusted name in the real estate industry.
If you are into the real estate business and wish to expand your services with the help of technology, following the footsteps of Zumper would be quite helpful. Thus, we have put together an overview of Zumper, including its business model and the real estate rental app development process. So, get to it.
So, what is Zumper? Let’s know it better!.
Zumper is the third-largest, fastest-growing rental finder platform in North America, supporting over 90 million people every year to rent the apartment of their dreams. It seamlessly enables the users to find the apartments they are looking for. Zumper claims to change the way people rent apartments forever.
With Zumper, the users can discover apartments, houses, or rooms for rent that match their preferences. Whether they are looking for an apartment in a posh area, outskirts, or offbeat location, Zumper is there for one and all.
Here are the ways in which Zumper helps the users-
- Browse listings
Discover millions of places for rental apartments throughout the U.S and Canada. Browse listings with high-quality images, videos, and even virtual tours.
- Set filters
Set filters and choose your preferred price range, neighborhood, amenities, bedroom count to customize your search experience. This is one of the standout features of a rental finder app.
- Create alerts
The app sends the users real-time notifications about new rental listings on the app. These notifications help to keep the users updated about the apartments that match their preferences.
- Book in-person tours
The users can book tours on the app with just one click if they are interested in an apartment. If the users are not available for in-person tours, they can request HD videos or virtual tours as well.
- Pay rent
The app allows the users to pay rent online with the app itself. Now the users can enjoy one-tap rent payments with credit cards, debit cards, or bank transfers.
Reserve instarent apartments and lease them completely online in 24 hours. This feature is available in select cities in the United States and Canada.
How does an apartment rental app like Zumper make money?
Zumper makes money in two ways.
- Firstly, the landlords pay a certain amount of money on the app to stay on the top of the feed in a classic lead-generation model. This helps them get more exposure and, ultimately, more renters.
- Secondly, the landlords pay the Zumper to close leases. For example, if a landlord uses Zumper’s tools for a transaction, it has to pay a certain fee per transaction to Zumper.
When it comes to renters, they can browse the apartment on the Zumper for free. Furthermore, if they find a property they were looking for, they have to pay for the application, reservation, and screening fees later on.
Which features are a must-have for apartment rental finder app development?
Here is a list of features you can’t do without while developing an apartment rental finder app like Zumper.
- Availability management
- Booking management
- Calendar management
- Customer database
- Online booking
- Alerts and notifications
- Electronic payments
- Multiple payment gateways
- Reservation management
- CRM integrations
- Advertising and marketing tools
- Analytics and reporting
How to develop an apartment rental finder app like Zumper?
You must be wondering what strategy or process to follow to develop a rental finder app like Zumper. Hence, let us help you understand the steps.
To make the best rental finder app, you need to follow a few crucial steps. Let’s have a look at them.
Initiating app development without proper market research can result in disorder and confusion. Moreover, conducting a market analysis will help you answer the following-
- Who is the targeted audience of your app?
- What do you want your app to achieve?
- How to differentiate your rental app?
- How will you fill the market gap with your app?
Once you brainstorm these questions, you will have a clearer idea of how to go ahead with the app development.
Hire an app development company
The next big step is to hire the right app development company for your project. The app development company you hire will bring your app idea to life. Thus, it’s probably the most important decision.
Make sure to look for these things in the app development company you hire-
- Expertise in rental finder app development
- UI/UX design of past projects
- Their overall experience
- Their technology stack
- The hourly rates of services
- Support and maintenance services
Prototyping and wireframing
Prototypes are the app’s design and advanced UI model, enabling the designers to test the app’s navigation and give feedback about the app’s design.
On the other hand, Wireframes are guidelines of an app that provide a clear overview of the app’s structure, layout, and architecture. The designers follow the wireframes, which are like a visual guide of the whole app.
Design and development
Now comes the most time-consuming step of the overall development. First comes the design, where the designers create a format that compliments the app well.
At the same time, the app developers bring life to the app with exciting features and functionality that contribute to a successful and influential app.
Testing and deployment
Lastly, the app goes to the Q A team for final testing. Once the app is tested and given a green signal from the team, it can be deployed and launched on play stores.
What would be the estimated cost to develop an app like Zumper?
The real estate rental finder app development cost sways from one project to another depending on various factors. Among these factors, two major factors are-
- The hourly rates of developers;
- The total hours of app development
Besides, development rates also vary according to the geological location of developers. For example, if you hire mobile app developers from an Indian-based software development company, the hourly rates would range from $10 to $50.
Accordingly, if you hire a software development company from India, the average cost to develop a standard real estate rental finder app would be between $15,000- $50,000. At the same time, if you hire mobile app developers from the US and UK-based countries, the cost would be much higher. Thus, always consider your overall budget before hiring an app development team.
Since real estate apps are booming, people rely on them more than ever to find suitable apartments and homes for rent. According to Statista, around 84% of the population in the United States prefer to rent a home as it is more affordable.
So, why not grab this opportunity and develop a cutting-edge app like Zumper? If you are looking for an app development team that understands your project from head to toe, you can contact us.