The Death Of Location, Location, Location - Future of Real Estate

By
Real Estate Agent with Samson Properties VA0225077251

For centuries we have said in any real estate market Location Location Location is the most important. In the future of the real estate market, this will not play a signification role. Here are the reasons:

With the self-driving car future not too far away many of the commuters can start working and/or will catch up with their favorite Netflix during that commute time. The long commute will be less strenuous. I personally think the commute will be a personal time and will look forward to commuting to work. 

The second reason why the future of real estate won't care about the location is due to the easy delivery of good and products by the company like Amazon Fresh or Box or other companies. We can now order all our groceries and have it delivered to our doorsteps. With competition, this is going to get cheaper and more convenient. Gone are the days when I wanted to be near grocery stores or conveniences of the shopping center nearby.

Last reason is in the future the jobs are getting tech-driven so workplace like technology employers, auditors, accountants, sales can be done by robots which you navigate and control won't impact where you live and work from.

 

What will matter is we will be fighting for homes that have green space, fresh air and community feeling essential a place we had hundreds of years ago. I guess we will go through a circle of life!

 

This may be the future of real estate or home buying and selling of homes in the Northern Virginia (DC Metro suburbs)area of Fairfax or Loudoun County?

 

 

Posted by

 
                             
Associate Broker
MRP, ABR, ePRO

NVAR, Life Time Top Producer
NVAR,Multiple Million Dollar Sales Club Member
Samson Properties
Cell - 703-625-4949
Email - info@eNOVAHomes.com
Web: www.eNOVAHOMES.com
 
Residential real estate agent serving Northern Virginia in Fairfax & Loudoun county over a decade and almost $100+M in sales volume experience. 


 
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Rainmaker
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Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
New Hampshire Home Stager

Location also refers to beach front and views and sought after neighborhoods...I can't imagine that aspect of "location, location, location" changing.

Great points regarding location otherwise, though!

May 25, 2018 06:34 AM #1
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Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Our niche is quite specific in terms of location. Our clients seek that green you're talking about - and soothing views and stunning views are the location that seems to matter most. Like Sharon, I do agree with your logic regarding services and commute times. 

May 26, 2018 07:22 AM #2
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Robert Vegas Bob Swetz
Realty ONE Group - Las Vegas, NV
Las Vegas Henderson Homes for Sale

Hello Ritu,

I wrote a new post about reaching out to ActiveRain members that are following me at the AR network, your name showed up #61 on my list.

Have a wonderful Memorial Day weekend  2018 ... ;o)

May 27, 2018 10:30 AM #3
Rainmaker
4,260,777
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Ritu.  I respectfully disagree as people still want to live in communities with good schools and close to the amenities that fit their lifestyles.

May 29, 2018 05:34 AM #4
Anonymous
Mentallect

I disagree. People will always want to live in a safe area with good schools, dog parks, supermarkets, restaurants. Self-driving cars can't replace a location with good neighbors. Delivered food can't replace a outting to the grocery store. People value experience as much as the food. Location, Location, Location will always dominate because human beings find happiness near things and activities they enjoy.

May 30, 2018 06:45 AM #5
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953,527
Carol Williams
U.S.: I specialize in helping agents who have been in the business 2 years or less create a thriving business. - Wenatchee, WA
"Customized Mentoring & Marketing Services"

Hi Ritu,
You makes some great points!  I do agree that certain aspects of location requirements will be reduced for the very reasons you outline.  There are still other factors that make location important, based on individual lifestyle.  Thanks for the thought-provoking post.  

Jun 09, 2018 06:36 AM #6
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Ritu Desai

Virginia Realtor-Fairfax/Loudoun/PW-703-625-4949
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