Closing Real Estate Deals from a Distance using Virtual Tech

With the evolution of technology, nowadays distance isn’t an issue anymore. Multiple industries throughout the world use the internet to market their products and services. Now you can purchase anything from the comfort of your own home and it will be delivered at your doorstep. Expanding your reach is so important for all industries and success has followed many companies who used virtual tech to their advantage.

With distance becoming less of a challenge, the real estate industry saw this as an opportunity to go online. Back in the days finding a home for sale through yard signs and word of mouth was common. Now it is easier and more convenient to go online to a listing site and look for a home in the area.

Now contacting and finding top real estate agents is easier than ever with the help of internet and online platforms. Nowadays the process of selling/buying a home can be done from a distance without requiring the physical presence of the parties involved. As long as everything is legal you should not have any issues in closing a real estate deal from a distance using virtual tech.

Selling a home using virtual technology

two business persons are developing a virtual project

The traditional way of selling a home is no longer as reliable as the methods used nowadays thanks to virtual technology. A 2017 survey made by the National Association of Realtors reported that 51% of home buyers were looking for homes online, and 30% of people found a home through an agent. Only 7% ended up finding their home through a yard sign.

There is no doubt that both virtual technology and virtual reality have transformed and will continue to change the process of selling a home. Let’s see how it affected the real estate market currently.

Nowadays for more exposure, you should definitely go online and you can do this in two ways. You can choose to sell online with the help of a real estate agent that will list your home for you. Or you can sell it online yourself without the help of an agent. Both methods offer the benefit of virtual technology by going online for more exposure. We will cover the aspects of choosing one or the other.

Article and Photo originally posted by Real Estate Agent last December 21, 2020.