Exp Metaverse is a virtual campus that eXp Realty, a cloud-based real estate brokerage, uses to connect its agents and clients in an immersive and interactive way.
Exp World Holdings, a company that owns eXp Realty, a cloud-based real estate brokerage, has announced new updates to its metaverse offerings, which include Virbela and Frame.
These are virtual world platforms that enable remote collaboration and community building for the modern workplace.
The new updates include a newly designed virtual campus, a new avatar system, an integration with Zoom, and more.
See more: eXp World Holdings Continues to Innovate and Expand Its Metaverse Offerings
What is Exp Metaverse and why is it different from other real estate platforms?
Exp Metaverse is a virtual campus that eXp Realty, a cloud-based real estate brokerage, uses to connect its agents and clients in an immersive and interactive way.
Exp Metaverse is different from other real estate platforms because it allows users to create their own avatars, explore the virtual world, attend events, network with other professionals, access training and support, and conduct transactions in a more engaging and efficient manner.
It works by using Virbela, a virtual world platform that enables remote collaboration and community building. Exp Metaverse allows eXp Realty to connect its agents and clients in an immersive and interactive way.
It is also powered by Virbela and Frame, which are virtual world platforms that enable remote collaboration and community building for the modern workplace.
Virbela is a 3D immersive platform that creates a sense of presence and immersion for users while Frame is a 2D browser-based platform that allows users to access virtual worlds from any device without downloading any software.
What are the benefits for real estate agents and clients?
Some of the benefits for real estate agents and clients who use Exp Metaverse are:
- They can save time and money by avoiding travel and commuting costs, and by completing transactions faster and easier in the virtual world
- They can access more opportunities and markets by connecting with colleagues and clients from different locations and regions
- They can enhance their skills and knowledge by attending training and events, accessing support and resources, and learning from experts and mentors in the virtual world
- They can also improve their communication and collaboration by using immersive and interactive tools, such as voice chat, video conferencing, screen sharing, whiteboards, presentations, and more
- They can increase their engagement and satisfaction by creating their own avatars, customizing their environments, socializing with other users, and having fun in the virtual world
What are the features and tools available on Exp Metaverse and how can they enhance the real estate experience?
Avatars: Users can create their own avatars, customize their appearance, clothing, accessories, and expressions, and use them to interact with other users in the virtual world.
Avatars can help users express their personality, identity, and emotions, and create a sense of presence and immersion in a virtual world setting.
- Environments: Users of the metaverse can explore various environments in the virtual campus, such as offices, auditoriums, classrooms, meeting rooms, lounges, cafes, parks, beaches, and more. Specific environments can help find the best setting for certain needs, such as working, learning, networking, socializing, or relaxing.
- Events: The metaverse can also be used to attend various events in the virtual world, such as training sessions, workshops, webinars, conferences, expos, awards ceremonies, parties, and more. Events can help users learn new skills and knowledge, exchange information and ideas, meet new people and build relationships, and have fun and entertainment
- Tools: Users can use various tools in the virtual world, such as voice chat, video conferencing, screen sharing, whiteboards, presentations, polls, surveys, quizzes, games, and more. These features can help users communicate and collaborate effectively and efficiently, share and access information and resources, and engage and enhance their experience and satisfaction.
- Transactions: Transactions can be completed easily such as buying and selling properties, signing contracts, making payments, verifying identities, and more. Crypto and Defi transactions can help users save time and money by avoiding travel and commuting costs, complete transactions faster and easier in the virtual world.
See also: Top 5 Metaverse Entertainment Platforms
What are the future prospects and opportunities of Exp Metaverse and how can it shape the real estate industry?
Some of the future prospects and opportunities of Exp Metaverse and how it can shape the real estate industry are:
- Exp Metaverse can expand its virtual campus to include more environments, features, and tools that can cater to the diverse and evolving needs of real estate agents and clients. For example, it can create realistic simulations of properties, neighborhoods, and markets that can help users visualize and compare different options
- Exp Metaverse can use web3 technologies to create more secure, transparent, and efficient transactions and services for the real estate industry. For example, it can use smart contracts to automate and enforce agreements, digital identities to verify and protect users, NFTs to tokenize and transfer ownership of properties, and cryptocurrencies to facilitate payments and rewards
- Exp Metaverse can also collaborate with other metaverse platforms and projects to allow users to access Exp Metaverse from different devices and applications, transfer their avatars and assets across different metaverses, and integrate with other Web3 protocols and platforms.
- Finally, Exp Metaverse can create more value and impact for the real estate industry by providing more opportunities for education, innovation, and social good. For example, it can offer training and certification programs for real estate agents, and support research and development projects for new technologies and solutions.
These are some of the future prospects of the advantages of metaverse applications in the real estate industry.
For a comprehensive and detailed explanation of the subject, please refer to The Virtual Real Estate Market: Top Detailed Guide
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