New On-Demand Consumers and the Real Estate Market

By
Real Estate Broker/Owner with Homes By Cross, Inc.

New On-Demand Consumers and the Real Estate MarketNew On-Demand Consumers and the Real Estate Market

Over the past decade, the real estate industry has continued to grow, along with the consumer’s demand for an all-inclusive tech experience. Nearly everything is done online, and house hunting for the perfect Dilworth home for sale is no different. The consumer simply wants to have more control over the process. Read this article to learn about these new on-demand consumers and how they have changed the real estate market.

Changes for the Home Buyer

If you are searching for your dream house for sale in Waxhaw, you now have the freedom to browse listings from the comfort of your own home. Not only that, but the increase in technology has made the buyer more knowledgeable and educated concerning real estate trends and the home buying process.

There are even companies that allow buyers to tour homes on their own time without an agent present. For instance, if the potential buyer is interested in touring a home, they simply send a text message to the appropriate party to gain access immediately. However, the question is: Are we prepared to go without the human element for the sake of convenience?

Changes for the Home Seller

Changes for the home seller of a Providence house for sale are similar to the buyer. With technology, there is much more transparency overall, and many sellers can get a feel for what buyers are looking for. Additionally, many sellers have done their homework and often have an idea as to what their house is worth.

As life becomes more on-demand in general, we should be ready for even more changes in the real estate industry including everything from how we communicate to how we show a home to buyers. What do you think is the next big change facing the real estate industry? Please share your thoughts!

Comments (3)

MichelleCherie Carr Crowe .Just Call. 408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

I think the challenge is deciding if you can be a 24/7 agent!

May 29, 2018 10:57 PM
Eric J
Eric J - Dream Home Financing - Freehold, NJ
Dream Home Financing

Claude,

Technology is definitely changing. My wife and I have been shopping for a place in FL for a while now. Doing most of our searching online and then working with a realtor when we want to actually see the inside of a home. My prediction for the long term future is this...

1. One of the online services (ie Zillow or Realtor.com) will take over ALL activities for buyers and sellers. You would be able to schedule showings directly with sellers online with no need for a realtor. Of course, you would be able to list your homes that way too.

2. Today's realtors may become consultants for hire (for a flat fee) to the sellers giving them tips on how to sell their homes. 

Jun 02, 2018 05:27 AM
Claude Cross
Homes By Cross, Inc. - Charlotte, NC
Charlotte NC Homes For Sale

Hey Eric,

Hopefully, there will come a time when local MLS will eventually stop selling out to Zillow and Realtor.com under pressure from local subscribers. Real estate should be local

Jun 02, 2018 05:46 AM