Arcanite Releases DragonVR onto Real Estate Market

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Arcanite has announced it has developed DragonVR, which allows developers, house and land builders, and agents to showcase upcoming developments prior to construction.

“It can be a challenge to succeed in running a project selling agency if you are using the same methodology as traditional real estate sales,” said William D. Lin, Arcanite Founder and CEO. “The right tools are needed to not only address the specific needs of project sales, but to cater towards the demand for accessibility, convenience, and fast-paced nature of the industry.

“Placing a strong emphasis on mobility and finance is where Arcanite found the sweet spot in terms of meeting the needs of agile property professionals and Aussie buyers looking to secure their dream home quicker.”

“We recognised how difficult it is for so many Australians to enter the property market, from saving for a deposit to coming up with additional funds to cover bank fees, including Lenders Mortgage Insurance (LMI),” said Phil Foweraker, CEO of Equimate. “Equimate helps first home buyers into home ownership, and saves costs involved in LMI premiums from standard lending institutions.”

“We’re proud to be fostering an environment where such companies are offering technology that is transforming the property industry,” said Michael Bromley, CEO of Stone & Chalk Group. “In fact, our Scaleup Hub in Sydney is using DragonVR to showcase our unique workspaces.

“This technology is helping break down barriers between potential tenants and real estate owners. Arcanite and the upcoming Equimate recognise the potential to shift Australia towards futureproofing the economy and diversifying entry conditions to reach a wider market.”

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