iBuyers are online investors who use the sector’s data to establish a reasonable price for a home. After fair prices are determined, the entity acquires the house and resells it days later at 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. Traditional real estate agents can feel as though they are left out in these transactions, but there are ways that they can approach the process in such a way that they create a more effective process that allows everyone to win. Find tips below to help you know how to make this happen.
Agents need to look at the iBuyer business model to understand how they can strengthen the practice as a whole. 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 are coming up with ways to stay relevant, and below are some of how they are doing that.
Real estate agents are applying an emphasis how important personal relationships are. Real estate agents are ahead in the game when the highlight a level of personalized and face to face tailored service to their customers. Homebuyers are particularly interested in this because being such a massive investment in their lives, and they would like to meet and talk with a person other than leaving this 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. Agents need to establish such new relationships and continue to foster those that are already existing. See this real estate tech blog for information about how you can pursue relationships with your clients.
The popularity of the iBuyers move shows that people are returning to their devices to engage technology more regularly. 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.