With increased hype around virtual reality open houses, I'm curious about the benefits for buyers and seller. While technologically they provide a better sense of space than photo galleries, I'm unsure whether it will change the overall need for in-person visits. Like pictures, a virtual visit helps potential buyers decided whether they are not interested, but it doesn't provide enough information to execute the transaction. There will still be a need for in-person due diligence to check that a property is still in the state that it claims to be online.
To me, the main benefit of virtual reality open houses will be to sell properties that are still under construction. Being able to "look around" is far more compelling than just looking at still frame renderings. But aside from this use case, I'm skeptical that it'll make a difference.