The Internet began as a form of basic communication, then along came zeros and ones and the digital age began; fast forward to today and we have a global platform (and network) that services every industry. Billions (thousands of millions) of people purchase goods online, as e-commerce looks set to take over as the number one shopping choice, and when looking at real estate, the World Wide Web offers very powerful tools.
Online Real Estate Agents
These are usually networked, which means a listing will be posted on many websites and is recognised by all the major search engines, so by listing your property with a single online agent, you can reach many thousands of potential buyers. When a property owner approaches an online real estate agent, the agent will arrange for a professional photographer to visit, and with professional copy writers, your home will be presented in a professional manner.
First Time Buyers
There are online companies that help first time buyers to get onto the property ladder, such as https://newsensationhomes.com.au, a leading provider of home ownership that handles every aspect of the real estate process, including:
- Land source & acquisition
- Legal aspects
- Home loan – First-time buyers
- Home design & construction
If you have been renting for a few years and you are nowhere near saving the required deposit, you’ll be happy to learn that there are ways that first-time buyers can get their feet on the property ladder.
Free to Buyers
If a person is looking to buy a property and they approach an online real estate agent, the service of free, as the seller pays the agent a small remuneration, which is great for the buyer. You simply tell the agent your preferred location, details about the kind of property you are looking for and a price range, and they will do all the hard work on your behalf, and you can view properties online and make a shortlist of homes you would like to arrange a viewing.
Real Estate Search Engines
Of course, there are search engines designed around real estate, where you have search fields such as:
- Price Range – Minimum to maximum.
- Geographical Location – Specific suburbs.
- Style – Detached, semi-detached, bungalow, condo.
This makes it very easy for a potential buyer to view properties online, and with a network of real estate agents’ websites all connected, searching is quick and thorough.
The Internet of Things
You may have already heard the term ‘Internet of things’, which describes a global network of 5G with every single device connected, and this is the next level of the World Wide Web, which is evolving at a rapid rate. With speeds 10x what they currently are with 4G, the real estate industry will benefit greatly from this, as will every other sector, and with every square centimetre of our planet covered, we are moving into a digitally controlled world.
Whether looking to sell your home and upgrade, or get into the property market as a first-time buyer, there are online solutions to help you.