August 3, 2017 | Abby Hood
LRE Social Blog

With the influx of new technology and web based solutions, it isn't a surprise that everything is moving fast into the era of the Internet. From sites like Uber to Grubhub, we generally can pull up our phones or laptops to order what we want with ease. With nearly every industry being revolutionized by technology, the same methods are "attempting" to be applied to the real estate industry. 

We could all agree that the simplification of the home buying or selling process would be great for agents and buyers/sellers alike; however, the attempt of replacing the Realtor, by sites like Zillow and other third party resources, can lead to disaster. Think about this: You can use your mobile device to quickly place your order for a $20 meal, but when it comes to having a surgical procedure done, you would put that phone down and visit a professional. Now think of your real estate agent and home buying or selling being in between these two scenarios. You can use your phone or laptop to look for a home online and look at market data the way you look at WebMD, but you should know not to take it too seriously because you need a real professional's input. Looking at houses online is fun, and gives you a general idea of what to expect, but the data available online is an oversimplified version of what goes into the process of buying and selling. Just like you would not rely on WebMD to diagnose a serious medical condition, you should not rely on third party real estate websites to assist you with one of the biggest financial decisions of your life!

Although a Realtor isn't quite like a doctor, the industry in it's legalities, contracts, and processes is similar in the sense that it needs to be taken seriously. Looking for a house online and wanting to put an immediate offer on one can be exciting and fun, but the issues that require a professional's guidance comes after the initial contract is written up and the hard work comes into place to actually make the home your own. Same for sellers, if you decide to put your home on the market and want a website that will give you an automatic offer, how do you know you're not being taken advantage of on the price? More importantly, how do you know you're not being taken advantage of in other aspects of the contract, that could have legal repercussions? There is a lot more to the sale of the home then just agreeing on a number. 

The next time you're digging through public sites for homes for sale, and getting instant home valuation estimates, keep in mind that this is a simple process to give you an idea of your market. A very general idea. But after you've found the perfect house, or after you've decided that the numbers make some sense for you to sell, call your favorite real estate agent and make sure they give you a more detailed look into the market and assist you through the full process, not just the exciting first parts. Because it's going to be in the middle of a contract when the lending is falling apart, or negotiations can't be made on repairs and emotions are at an all time high, that you are going to wish you had put down your laptop and had an agent fighting for you by your side. Use the internet, have fun with it's amazing resources, but don't let it replace your agent. We aren't in an age, just yet, where technology can do everything a professional can!

Give us a call today to discuss your buying or selling needs!



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