![]() This will allow tenants, landlords and brokers to understand how to optimize the best fit-outs for a space. “Combined with tagSpace’s XR city-scale annotative tags and cloud solution, we are excited to have a combined offering that can help businesses sell and lease property, even in an economic downturn.”ĭuring the coming months, RealAR will release its automated conversion technology which uses artificial intelligence to create real-size and real-time experiences. Visualizing real estate in-situ using mobile AR technologies is important now more than ever due to travel and social recommendations being imposed in the wake of COVID-19,” said Martin. ![]() RealAR’s commitment to solving real world problems using technology is impressive. “We have been connected with the RealAR team a while but our relationship forged after our companies each joined the Techstars family, the global platform for investment and innovation. Paul Martin, tagSpace CEO will become RealAR’s co-chief technology officer to bolster delivery of property visualization capabilities. Likewise, RealAR real-size 3D models created from a 2D floor plan can be placed at real-world locations via the tagSpace portal. tagSpace is also a Techstars portfolio company, having recently participated in Lisbon 2019.Īs RealAR’s technology partner of choice, tagSpace will provide annotation tags within its property tours. Upon completion of the Colliers Proptech Accelerator Program powered by Techstars, RealAR partnered with Colliers to expand into commercial real estate. RealAR came to market in 2018 with an initial focus of helping home buyers view homes before construction was completed. The two companies are specialists in the emerging technology of augmented reality. “We have been watching tagSpace’s progress into areas such as Smart Cities for a number of years and now together we’re bringing the best experiences to both residential and commercial real estate, especially now with property professionals using technology in new ways to reach customers.” “This partnership solidifies RealAR as the go-to solution for property professionals to understand plans as easily as physical property,” said Dan Swan, CEO of RealAR. Recognizing these realities, real estate augmented reality visualization platform RealAR recently partnered with location-based AR experience company, tagSpace, to launch a strategic partnership. Sellers targeting foreign buyers for instance, are recording drops in very high percentage rates. SAN FRANCISCO-With COVID-19 now a global emergency, the heightening of travel restrictions, limitation of mass gatherings and social distancing, and people being required to work from home are all affecting multiple sectors including the real estate industry.
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