Getting into the metaverse in 2022

If you’re still getting to grips with the rapidly advancing tech connected to the virtual world, don’t lose sleep over it. But set time aside to learn how it will impact the real estate industry, so you can talk to your clients about it.

Everybody’s been talking about the “metaverse” since Facebook rebranded itself as Meta with a plan to become a major player in the virtual world. However, there is not only one metaverse. There are dozens. In the US alone, Meta (Facebook), Roblox, Fortnite and Microsoft are dominating the race to lead the field. Why? Because that way they’ll control how you interact with other people. By 2030, more people are expected to hang out in the metaverse than in “real life”.

So what does it mean for you?

The metaverse is a virtual space that people can connect to through certain devices. These include virtual reality (VR) and augmented reality (AR) glasses or helmets as well as applications that enable an immersive experience of a product or place. You will even be able to interact with other people without leaving your room.

If you’re keen to grow your real estate business, look at selling in the metaverse. Real estate investors are already buying land and houses via Sandbox and Decentraland and these are just two of the virtual worlds out there. And real estate investors need real estate brokers…