Whether you like it, or not; technology has changed the way the world conducts business, and real estate has not escaped the changes. The days before the internet and mobile devices made real estate a much different industry.
Today, agents have many different tech tools at their disposal. Virtual tours, e-signing, online listings, and social media marketing are the standards in the modern real estate industry. Check out a closer view of how technology is affecting the world of real estate.
Setting up business websites
It’s important in this technological day to have a solid digital home base for your real estate business. The first thing prospective clients will do is seek out a website.
Take this North Carolina apartment rental website for instance. Tenants can take a tour of possible floorplans, get in touch with professionals on-site, and even begin the process of applying for residency.
Build a virtual tour for prospective clients
Real estate agents have the ability to set up a virtual tour of their available properties through the power of technology. Prospective tenants can watch a walkthrough of the inside of the property without ever having to go to the physical address.
This is particularly helpful for people looking to move across the country. It’s hard to find the perfect home from 3,000 miles away, unless you have the perk of virtual reality (or should we say virtual realty).
Complete a mortgage contract online
Technology has taken signing your mortgage contract to a whole new level. You can actually complete a mortgage agreement online, and expedite the process of selling a property.
Inform clients of the options they have to quickly move through the steps of purchasing a new home, and the process will be made easier for you too. Research the many ways homebuyers can obtain funding digitally, so you’re always in the know.
Instantaneous communication with clients
Technology has released the barriers in communication between real estate agents and their clients. Mobile messaging, email, and other digital communication platforms make it easy to share information at the drop of a hat.
Should the market rapidly shift, opening up a perfect opportunity for one of your clients, you have the ability to quickly notify the right people.
A clearer perspective of the market
Technology gives real estate professionals an instant tap on the ups and downs of the real estate market. When prices rise and fall, you can be the first to know with the right tech tools on your side.