Technology has been emphasised for its critical role in real estate education just after the rise of computer and internet technology in the turn of the 21st century. The use of virtual reality (VR) technology is rapidly expanding to facilitate customer experience and reduce operating cost in the real estate industry. Using an experimental course design and delivery in a real estate course under a business school environment in CUHK, this paper shows the design, development and implementation of an innovative teaching model with the support of VR technology. The results of this study show that VR technology can assist the development and enhancement of student’s sense of value as well as improving communicative efficiency of property investigation and analysis of the trade process.
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