Stay Ahead of the Game in the Real Estate Industry in This Age of iBuyers and Agent Competition
iBuyers are investors who use industry information to come up with a fair price for a house. After this is done, the entity buys the home and promptly resells it later for a profit. Find out more about how this real estate tech works on the site. Sellers can benefit from this type of technology since they can get a personalized home offer in less than 24 hours. Even though a traditional real estate agent may feel as though they are disposable with this technology, they need to work with iBuyers to make the process more efficient. Herein are ways through which this can be achieved.
It is necessary for agents to have a look at the business model used in iBuyer processes and understand how they can improve their practice. They can analyze whether people are attracted to the iBuyer model because it provides speed and cost efficiency, and seek to achieve this in their own practice. This useful resource has content on real estate tech to help you understand what is going on in the real estate world regarding technology. Instead of letting the technology render their services useless, agents need to improve the service delivery such that the level of service cannot be found elsewhere. Real estate agents across the globe are improving the ways to help them stay relevant, and here are some of how they are making this happen.
Real estate agents are applying an emphasis how important personal relationships are. By highlighting the personalization of the service they offer, real estate agents are already ahead in this game. This is particularly important to homebuyers because the times are emotional and complicated, and being a huge investment of their lives, such buyers are more likely to entrust the services to a personalized service rather than leaving it up to an online transaction. This aspect is essential in the real estate sector especially for homebuyers, since this being one of their most significant investments, leaving it up to an online transaction may not be an appealing thing to do. Real estate agents should ensure that the establish such new connections and will also foster their existing ones. See this real estate tech blog for information about how you can pursue relationships with your clients.
There is a higher level of frequency of clients viewing their devices and engaging technology as indicated by the popularity of the iBuyers model. Real estate agents can use this to their advantage by creating sound and interesting real estate tech and social media content to attract customers to them. They can also use some aspects of iBuyer technology to enhance their own service delivery.
Real estate tech can be used to your advantage as an agent, find out how.
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