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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