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TECHNOLOGY<br />

BY WENDY FORSYTHE<br />

Selling Homes in the Digital Age:<br />

Make Technology Work for You<br />

Today’s homebuyers are<br />

hungry for information —<br />

and they expect to get that<br />

information with a few quick<br />

taps on their smartphones,<br />

tablets or laptops. In fact,<br />

according to a recent study<br />

by the National Association<br />

of REALTORS® and Google,<br />

the Internet is one of the<br />

primary sources for real estate<br />

information for 90 percent<br />

of homebuyers. In addition,<br />

the study found that nearly<br />

one-fifth of real estate related<br />

searches were conducted on<br />

a mobile device (smartphone<br />

or tablet).<br />

Reaching potential buyers<br />

where they are is critical<br />

— and buyers are online.<br />

Although the majority of<br />

homebuyers still find their<br />

homes with the help of an<br />

agent, the number that<br />

discover their homes online<br />

is increasing. In fact, in one<br />

recent survey by the California<br />

Association of REALTORS®,<br />

the number of homebuyers<br />

that found their home online<br />

jumped from 16 percent in<br />

2012 to 37 percent in 2013,<br />

and remains on the rise.<br />

Researching listings is just the<br />

beginning of online research<br />

as today’s homebuyers are<br />

using online resources for<br />

every aspect of their home<br />

purchase. So how can real<br />

estate agents compete in an<br />

increasingly competitive online<br />

marketplace<br />

First you have to be online in<br />

a real and transparent way.<br />

Consumers are not only looking<br />

for the details of the home<br />

they want to buy, but also the<br />

kind of agent and company<br />

with whom they want to work.<br />

If you are not online consumers<br />

are not going to find you or be<br />

able to validate your skills and<br />

expertise.<br />

The second key to competing<br />

online is to create trust with<br />

the consumer. Creating trust<br />

in a digital environment can<br />

be tricky, but it starts with<br />

providing information in a<br />

september/october issue The P<strong>IN</strong> MAGAZ<strong>IN</strong>E | 46

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