You’ve just begun to think through the idea of selling the home you currently live in. You haven’t looked at new houses yet and aren’t completely sure when the move might take place.
When suddenly you notice that every ad popping up when you look at your social media sites is about how easily your home could sell and how fast it might sell and maybe even how much it most likely would sell for! How did they do that? How did they know you were thinking about selling your house?
The new technology is advanced, far more advanced than we “non-techies” realize. Algorithms reveal what we might be interested in knowing more about. You show interest in market value of homes in your neighborhood and ads pop up offering to help you sell within minutes.
- Thanks to these portals making every detail of every home available to buyers within seconds, offers are forthcoming in shorter and shorter time spans – often before the sign even finds its way to the front yard!
- Online application processes set up loans within minutes– cutting market times considerably.
- Coordination for closing is now hours instead of weeks.
- Deals are begun and completed electronically, eliminating printed paperwork altogether in most cases.
This is a thrilling new aspect of selling a home, especially for those homeowners who love the idea of selling and closing in just 3 days or less!
Technology is surely making the real estate transaction a faster experience but a word of caution must be included, that it doesn’t mean it will automatically be a better one. The speed of changes means you will most likely need guidance concerning price and marketing strategy, and you also need to know how to make that technology work to your advantage without you having to be a quick study in techno-sciences.
The speed technology adds to the real estate transaction is astounding! Hiring a representative early in the process will be an invaluable benefit.