How Much Does It Cost To Build A Real Estate App Like Magic Bricks?

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How Much Does It Cost To Build A Real Estate App Like Magic Bricks?

Posted By : Mohd Rahil,  Posted Date : Dec 03, 2023

Magic Bricks is an online real estate app that helps users list their properties with details on the app and garner potential customers for the properties, either for rent or for sale. This app has been a game changer in the real estate industry as it created its brand name by incredibly simplifying real estate requirements and transactions.
The popularity of real estate app development has grown significantly, with successful Magic Bricks like app making a notable impact on the market. Moreover, building real estate with advanced features and functionality like Magic Bricks requires a thorough understanding of the latest technologies, user preferences, and industry trends. This blog will cover the essential features needed for real estate, like Magic Bricks, and the associated development costs.

Magic Bricks App: An Overview and Success

The property selling app Magic Bricks has established itself as a prominent player in the industry with over 10 million downloads owing to its user-friendly interface and extensive property listings. Since its launch in 2011, the app has significantly changed the real estate marketing apps by providing a diverse range of properties for buying, selling, and renting. Its intuitive design and efficient services have earned it a credible reputation among other property search app. The app's success can be attributed to its regular updates and vast user base, which have simplified property searches and made it a preferred choice for simplifying real estate requirements.

How Much Does It Cost To Build A Real Estate App Like Magic Bricks?

If you are planning to build real estate like Magic Bricks for your business, you should be aware of the various factors that cost you, along with varying development costs across different regions of the world. The average app making cost is between $20,000-$60,000 for a real estate app like Magic Bricks.

Factors that determine the app development cost of real estate apps like Magic Bricks:

  • App Features: The complexity and number of features desired in the app can affect the development cost.
  • Platform (iOS/Android): Developing the app for both iOS and Android platforms can increase the cost compared to choosing one platform initially.
  • Design and User Interface: Investing in a user-friendly and visually appealing design may require additional work and impact the overall cost. 
  • Development Team: The expertise and location of the developers and designers can result in different rates and affect the cost. 
  • APIs and Integrations: Integrating APIs for payment gateways, maps, and other travel data providers can be costly. 
  • Maintenance and Support: Ongoing support and updates contribute to the long-term cost of the app.
  • Marketing and Promotions: Allocating a budget for marketing and promotions is necessary to increase brand awareness and attract more users. 
  • Security and Privacy: Implementing robust security measures and ensuring user privacy can increase the overall cost. 
  • Scalability: Building the app with scalability in mind to accommodate future growth can impact the development cost.

How to Build a Real Estate App Like Magic Bricks?

To ensure success, it is crucial to have a thorough understanding of the target audience, the market size, and the necessary technological infrastructure and features. The following steps should be taken into consideration:  

  • Firstly, conduct extensive market research to identify user challenges and address them through your app.  
  • Secondly, explore the potential for uniqueness by introducing innovative features.  
  • Thirdly, adopt a user-centric approach and utilize SWOT analysis.  
  • Lastly, incorporate effective promotional strategies to increase brand awareness.

KEY TAKEAWAYS

  • Ideation, Research and Evaluation: Proper research is crucial to validating an idea before proceeding with strategy and development.
  • Strategy: The integration of the envisioned UX/UI design requires careful strategizing.
  • Development: Wisely selecting a team of developers is crucial for successful development.  
  • Focus on Product Growth: It is essential to maintain a track record with the help of analytics on your app usage for future growth by integrating updates according to the users' needs.

Must-have Features of Real Estate Apps Like Magic Bricks

  • User Registration and Profile Management: An effortless registration with essential details of the property Efficient profile management allows you to effortlessly view, modify, and update information. 
  • Comprehensive and up-to-date property listings: various property types such as residential, commercial, and land Detailed property information, including property images, area, floor plans, contact details, and virtual tours (if available). 
  • Advanced search filters that enable users to refine their searches based on location, price, size, amenities, and more for precise results. Customizable search options that allow users to tailor their search criteria to their specific needs.
  • Personal user accounts that allow users to save searches, favourite properties, and manage preferences. Integrated maps that provide a visual understanding of property locations and nearby amenities. 
  • Profiles of agents or brokers, facilitating direct communication for property inquiries and viewings. 
  • Push notifications for new listings, price changes, or updates on saved properties of interest. Real-time updates on property availability and status. A user-friendly interface that makes it easy to navigate and find the desired property information.
  • Feedback and Reviews: Opportunity to rate and review property to build trust and transparency. A platform for constructive feedback to continuously enhance the user experience. 
  • Customer Support and Assistance: 24/7 customer support is available for prompt query resolution and assistance. Guidance and support are provided for any discrepancies or issues. 

Admin Panel

User Panel

User Management

User Registration

Property Management

Property Search

Dashboard Analytics

Saved Listings

Ad Management

Property Listings

Reports & Analytics

Property Comparison

Payment Management

User Profile

CRM Integration

Notifications

Team Required for App Development Like Magic Bricks

For real estate to be launched successfully in the market, it is imperative to have a team of innovative developers, creative designers, and other experts in their respective fields working together in harmony. The app development process requires a collaborative effort from various professionals to ensure that the final product meets the desired standards and fulfils the needs of the target audience. 

Mobile App Developers

Project Manager

Back-End Developers

Business Analyst

Front-End Developers

Database Administrator

UI/UX Designers

Customer Support Team

Magic Bricks Mobile App’s Technology Stack

  • Languages: Java/Kotlin for Android, Swift/Objective-C for iOS
  • Framework: Android SDK, iOS SDK
  • Cross-platform Development: React Native, Flutter
  • Server: Node.js, Ruby on Rails, Java
  • Database: MySQL, MongoDB, PostgreSQL
  • Storage: Amazon S3, Google Cloud Storage
  • Hosting: Amazon Web Services, Microsoft Azure
  • Push Notifications: Firebase Cloud Messaging, Apple Push Notification Service
  • Analytics: Google Analytics, Mixpanel

These integrated technologies collectively power the Magic Bricks platform to provide a user-friendly interface and effective order management.

Contact Duplex Technologies for real estate app development

The real estate industry is experiencing rapid growth due to technological advancements. Real estate industry players have realised the importance of establishing a digital presence through the development of real estate app development company such as Magic Bricks. Our blog aimed to provide insight into the essential features and costs associated with app development services for building real estate apps like Magic Bricks to enhance your understanding of this process.  

Duplex Technologies is the best app development company with over 12 years of experience in delivering highly functional and feature-rich apps like Magic Bricks that meet our client's specific requirements. Do not delay any further; contact us at +91-9452000089 to partner with us for the best app development services.

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FAQs Related To How Much Does It Cost To Build A Real Estate App Like Magic Bricks?

The average cost ranges between $20,000 to $60,000, influenced by factors like app features, platform choice, design complexity, and ongoing maintenance.

Essential features include user registration, comprehensive property listings, advanced search filters, user accounts, integrated maps, agent profiles, push notifications, feedback systems, and customer support.

Success hinges on thorough market research, innovative feature integration, a user-centric approach, SWOT analysis, and effective promotional strategies to boost brand awareness.

A cohesive team comprising mobile app developers, project managers, backend and frontend developers, UI/UX designers, business analysts, database administrators, and customer support is crucial for successful app development.

Languages like Java/Kotlin for Android, Swift/Objective-C for iOS, frameworks such as Android SDK and iOS SDK, cross-platform tools like React Native or Flutter, and servers like Node.js, Ruby on Rails, or Java, along with databases like MySQL, MongoDB, or PostgreSQL, are commonly employed.

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