Tech to Find the Right Home
According to the 2018 Profile of Buyers and Sellers, 52% of buyers want help to find the right home to purchase. Physically locating the home is certainly part of what buyers want from their agent but finding the right home at the right price and terms is also crucial.
87% of buyers purchased their home through a real estate agent or broker. Slightly more than half of buyers were referred to their real estate professional by/or is a friend or relative or had used the agent previously to buy or sell a home.
There are tech tools that can be used together with the expertise and experience of your real estate professional to make the home buying process efficient and effective.
Listing Alert … while this service is called by other names, the buyer identifies the specifics about the home they want, and it will notify them directly when a new listing comes on the market that matches their needs.
Real estate smartphone apps … imagine driving a neighborhood, seeing a sign and immediately being able to know the price and specifics about the home; very convenient. There are a variety of different apps available such as Homesnap, and others, ask your agent for their recommendation before installing one.
Digital documents … companies like DocuSign have revolutionized real estate negotiations by doing everything digitally so that you’re not going back and forth between the parties signing and initialing changes. It is safe and secure and your agent will handle this end of it for you.
ColorSnap Visualizer … this Sherwin Williams app for iPad allows you to paint walls on a picture, match photos to find paint colors and other things before you commit to a color.
Google maps … plug in an address on Google Maps and you see street view of the home, satellite view, surrounding businesses, traffic speed and other things.
Sex Offender Registry … NSOPW, the National Sex Offender Public Website is a safety resource that provides the public with access to sex offender data nationwide.
Financial Calculators … fill in the blank applications that can illustrate the benefits of renting vs. owning, Equity Accelerator, Adjustable Rate Comparison, Cost of Waiting to Buy and many other homeowner situations.
Free Public Records Directory – OnlineSearches provides access to public record sources like deeds and assessor and property tax records. While this service is free, some state and county agencies may charge fees for accessing public records.
Virtual open house … an alternative to physically viewing a home is to look at the multiple photos online. If the property is interesting, you can schedule a physical showing with your agent.
Check your credit … Order free credit reports from Equifax, Experian and TransUnion each once a year at www.AnnualCreditReport.com.
The final recommendation is your phone. When you have a question, contact your agent. Calling another agent may seem like an expedient way to get an answer, especially if you cannot get a hold of your agent but it could inadvertently, cause issues.
Your real estate professional can assist you with these and other tools to help you find the right home. If you have any questions, feel free to call us at 815-842-1400.