I’m not directly in real estate, but I've interacted with a few professionals and homeowners about marketing properties. I live in a medium-sized city where virtual tours are becoming more popular, especially post-pandemic.
The guys from https://www.thepropertybuyingcompany.co.uk/ showed me that homeowners prefer traditional photos over panoramas possibly because they can control the narrative more tightly, choosing the best angles and aspects of their home to highlight, without exposing less flattering views that might be caught in a panorama.