This blog talks about creating a real estate app using Ruby on Rails. It discusses why Ruby on Rails is a great choice for real estate apps and mentions some popular ones made with this technology. It also explains what features a real estate app needs.
Insights on the scope of the real estate market and information about PropTech.
Because more people around the world are increasing, the need for technology in real estate is also growing. Searching for properties online, taking virtual tours, and doing transactions digitally are becoming more common. Companies that provide these tech solutions for properties (called PropTech) will probably keep getting bigger in the future.
The market for property technology (PropTech) is expected to get bigger in the next few years. People want more digital solutions, artificial intelligence (AI), eco-friendly features, and better ways to evaluate property. However, big companies might take over the market, making it tougher for smaller ones.
A report by ResearchAndMarkets says that the global PropTech market could grow by about 25% every year from 2021 to 2025. For real estate business owners, picking the right technology setup for their PropTech app is very important.
This blog explains why using Ruby on Rails for your real estate app is a good idea. It also talks about popular PropTech apps made with Ruby on Rails and shares a successful real estate case study by Bacancy using this technology.
Advantages of Using Ruby on Rails to Develop a Real Estate App
Ruby on Rails is a widely used tool for making the behind-the-scenes part of a property technology (PropTech) app. It’s popular because it’s easy to work with, helps create things quickly, and has lots of ready-to-use parts that make development faster.
When it comes to choosing the right technology like Ruby on Rails for a real estate app, it might be great for some cases, but not always the best. There are things to think about before deciding if Ruby on Rails is the right fit for your PropTech app.
Using Ruby on Rails for a PropTech app can save money because it’s free to use and has lots of ready-to-use parts. This can make it faster and cheaper to build, which is great for small companies or startups with not much money to spend.
For apps like PropTech that need to manage lots of data and visitors, it’s important that they can grow easily. Ruby on Rails can handle this growth well because it’s set up in a way that allows it to expand and manage many users and data.
Yet, if you need an app to be super-fast and handle lots of visitors, especially if you expect a huge number of users, you might want to think about using different technologies that work better for really big applications.
Ruby on Rails gives real estate developers tools and features to make property apps fast. It helps create good quality apps quickly and easily, making it faster to get them out to people.
High Return on Investments (ROI)
Using Ruby on Rails to make PropTech apps can give back a lot for what you put in. It helps to get apps out quickly, grow them easily, spend less making them, keep them safe, and make them better for users. This way, businesses can make really good PropTech apps that people like, giving back more than what they invested.
Faster Response Time
When real estate websites take longer to load, fewer people view the pages. But using Ruby on Rails for PropTech apps helps make things faster. It has a way of working that helps developers do their job better and faster. This means they can make changes and grow the app easily, making it quicker to respond and easier to build.
Integration With Other Technologies
Ruby on Rails works nicely with various other technologies like React, Angular, and Vue.js. So, if you want to create the visual part of your app using one of these, Ruby on Rails is a good pick. In India, Square Yards and Housing.com use React with Ruby on Rails, while in the U.S., NestAway and GrabHouse use Ruby on Rails together with AngularJS.
Availability of Developers
Ruby on Rails has lots of developers who know how to use it. So, if you already have a team of Ruby on Rails developers, it might be easier and smarter to stick with this technology instead of spending time learning something new for the backend.
In short, Ruby on Rails can be great for building a PropTech app if you want it done quickly and without spending too much. But if you need a super-fast app or if you have a specific way you want the visual part to work, you might want to consider other options.
Ruby on Rails stands out as a favorable choice for developing PropTech applications, offering benefits such as a robust developer community, ease of finding skilled developers, and efficient development processes. Choosing a Ruby on Rails development company could be advantageous, especially when aiming for cost-effective and rapid application development. However, the suitability of Ruby on Rails links on specific needs: it excels in scenarios prioritizing swift deployment and affordability but might not be the optimal solution for high-performance demands or intricate frontend integrations. Therefore, considering the strengths and limitations of Ruby on Rails is crucial when determining the best technology for developing a PropTech application.