VR allows potential buyers to take virtual tours of properties, giving them a more immersive experience than traditional photos or videos.

VR can be used to create more realistic 3D models, enable collaboration with clients in a virtual environment, and help architects visualize the impact of design changes in real time.

Virtual real estate auctions are not a common application of VR in real estate. VR is primarily used for property tours, staging, and renovations.

Virtualization is the process of creating a virtual representation of a real-world space using VR technology.

Limited availability of VR-compatible content is not a key challenge associated with the adoption of VR in real estate and architecture. The other three options are common challenges.

VR can be used to allow potential buyers to experience properties remotely, help real estate agents create more engaging marketing materials, and enable real estate agents to conduct virtual open houses.

Increased construction costs are not a potential benefit of using VR in architecture. VR can help reduce construction costs by enabling architects to identify and resolve design issues early on.

Virtual reality is the term used to describe the process of creating a virtual environment that simulates the look and feel of a real-world space.

Virtual real estate transactions are not a common application of VR in architecture. VR is primarily used for building tours, interior design, and construction simulations.

VR can be used to allow architects and clients to experience design concepts in a virtual environment, enable architects and clients to provide feedback on designs in real time, and help architects and clients identify and resolve design issues early on.

Lack of skilled VR professionals is not a key factor driving the adoption of VR in real estate and architecture. The other three options are common factors driving the adoption of VR.

VR can be used to allow potential buyers to take virtual tours of properties, help potential buyers visualize the layout and space of properties, and enable potential buyers to experience the property's surroundings.

Increased productivity and efficiency is not a potential challenge associated with the use of VR in real estate and architecture. VR can help improve productivity and efficiency by enabling users to experience and interact with virtual environments.

Augmented reality is the term used to describe the process of overlaying digital information onto the real world using VR technology.

Increased construction costs are not a potential benefit of using VR in real estate. VR can help reduce construction costs by enabling architects and contractors to identify and resolve design issues early on.