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Like Video Games? RE Ones Offer Real-Life Lessons

While Monopoly might not give you a solid foundation for buying hotels, online RE gaming is based on many of the principles found in actual commercial transactions.

NEW YORK – Real estate gaming – also known as property tycoon or simulation games – can offer real estate professionals insights into property development and entrepreneurship.

Many of the games allow virtually anyone with a computer to explore and engage with online versions of real-life locations, opening up the property investment arena without entailing risk. The games frequently incorporate aspects of competition and progression, encouraging players to stay engaged.

Another advantage is user-generated content. Players can design and customize their properties, as well as share them with others in the game community. The skills players gain in areas like property testing, deal negotiation, resource management and critical thinking can also translate into the real world.

Source: Realty Biz News (10/03/2023) Restea, Beni

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