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The Internet is
"Cool" for Real Estate
What's "cool"
about the Internet is that there is so much information available,
including information about real estate. You can read online
articles about how to buy a house, sell a house, getting a mortgage,
local communities, and more.
Especially cool is that now
you can do something that (in the "olden days") only Realtors could do.
You can see all the listings on the web.
Practically all of them, anyway.
...and online listing information isn't
always the most current data available, especially on some of the bigger
national sites, but still...
...it is a LOT of information.
And it is cool.
As you're looking at listings, typing in
search parameters, hitting your back button and your forward button
looking for deals in different communities, trying to find the home that
fits you....
...time just flies by.
You click and scroll until you find
yourself looking at the same property more than once. Not all the
listings have photos, so you skip by those. The online listings
you like most have LOTS of photos - the view of each room, the view out
the front window, the view of the back and front of the property, and so
on.
After a while, you begin to skip the
"virtual tours" because they are so SLOW that they bore you.
Clicking on pictures is so much faster.
At some point, you want to know "more."
So you send an email to a listing agent,
perhaps. Maybe it is a property in a community you know or it is a
property clear across the country, but you are genuinely interested in
getting more information about that particular home.
Maybe you do this on several properties to
several different agents.
Two days go by and nobody answers you.
Not one response.
Surprising?
Believe it or not, most Realtors still are
not used to the web and email. Some are though (hint,
hint).
If you think the above is just a made-up
scenario, it is not. A very web-savvy individual was relocating
far away and described the above experience (only in much more
vivid detail).
Plus, there is more.
Since not all Realtors are used to the
web, they don't all have a digital camera so they can take photos of
property for upload. Of those that do, it often costs extra to put
multiple photos on the web.
As a result, if you were to look at
several different real estate sites (like our web-savvy friend did) you
may find that multiple sites will display the listing, but one may have
no photos, one site may have one photo, and another site will display
multiple photos.
You may have skipped something great.
Heck, a listing may not even display
on the web. Or it may already be sold, but it displays as an
active listing, or it may be a new listing that isn't on the web yet.
In short, the web is behind. That
data isn't always current.
So yes, the web is "cool." More info
is available, but there are also limitations.
Those limitations are unwelcome, but in
this beginning stage of the home hunt, you still want to be independent
and you enjoy that independence.
But after awhile, it can be frustrating,
too.
What you need is a "mentor" - someone who
respects your independence but will answer your emails and phone calls
promptly, someone who can tell you more about a particular property,
someone who can tell you if it is overpriced or if it is a "make-sense"
purchase. Someone who can tell you when a "three bedroom home" is
actually two bedrooms and a study (there is a difference).
That mentor is your local real estate
agent.
You still get to do the "fun" part, but
don't have to deal with the frustration that comes when you need more
information or get ready to act.
"Cool."
©
copyright October 2005 by RealEstate
ABC
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Real Estate & Mortgage Insights
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