The real estate industry is ever evolving, and right now is a new era in real estate. Technology has had a dramatic influence on the current standards in the day-to-day real estate business. More sophisticated and user-friendly business models have adapted to the changes in order to better serve consumers’ needs in every area.
Read on to explore three of the changes to the the real estate industry in Tampa over the last ten years.
Online Listings
Technology is a key factor in how the real estate industry in Tampa has changed over the last ten years. Online listings have become the main method of marketing property. As a buyer scrolls through these listings online, there is only one chance for your property to make a great first impression. Among the expectations for sellers from their agent is the strategic use of high-quality digital photography of the interior and exterior as well as 360-degree drone footage for virtual walk-throughs, which are now industry standard. To this end, top agents will market properties on multiple sites, utilizing the services of professionals to grab the attention of buyers. With these highly detailed photos in mind, staging has risen to the forefront of the industry, highlighting properties for buyers by removing personal items that show possession and using neutral tones throughout the home. Additionally, pricing your home right has never been more critical; setting the wrong asking price could eliminate your property from the right buyer’s search because your number is too high or too low. These changes have also made properties in less-than-perfect condition difficult to sell at market value through an online platform.
Buyers Habits
Buyers have become pros at searching online listings when searching for a new home, and this the second important way that the real estate industry in Tampa has changed over the last ten years. Expectations have shifted for tech-savvy prospective buyers as they scroll through properties online, and unfortunately, presenting a property with a lived-in feeling and low-quality images to this audience will typically raise a red flag and turn them off the listing. However, because of the speed at which these buyers can now review massive amounts of data, you’ll find the buyers that you deal with are well aware of how much your home is worth on the current market. They understand what’s implied when a price is too low: there’s probably something wrong that the agent isn’t mentioning in the listing. Because of this assumption about an unrealistic listing price, negotiating with sellers may be challenging. Since today’s buyers prefer properties that are move-in-ready, homes that require noticeable repairs typically receive insultingly low offers, if any at all.
Hybrid Agent Investors
One of the most remarkable changes to the real estate industry in Tampa over the last ten years is the fusion of professional real estate investors and professional real estate agents. Once you meet with a hybrid agent investor, they will present you with two potential outcomes, detailing the expenses and final profits from a traditional listing on the MLS as well as a direct sale to your hybrid agent investor. Then it’s up to you to decide which is best suited to your personal and financial needs and goals. The goal of a hybrid agent investor is to provide you with all of the necessary details so that you can make an informed decision about what is best for you. We want you to feel good about your decision long after the transaction ends, and we do this with no obligation.
Your hybrid agent investor will act as a professional investor, working with a team of industry professionals to quickly assess your home. They have the power of cash on hand to promptly purchase and fully rehabilitate your property. In addition, your hybrid agent investor works as an experienced real estate agent, marketing and selling your property while utilizing the latest technological advances. And, since they have spent so many years networking within the investor side of real estate and in their career as an agent, word of mouth will spread quickly on available properties to buyers of all types when you have that amount of connections. No matter your home’s condition or any time constraints you feel, you will find the solution with a hybrid agent investor to guide you through any obstacles you may feel stand in the way of your sale.
The emergence of the high-tech savvy hybrid agent investor is one of the most significant changes to the the real estate industry in Tampa in the last ten years. Buying or selling your home will likely be the most substantial financial transaction of your life, so why not find out how this revolutionary combination can benefit you? Contact You Pay Zero Tampa today at (813) 686-5404.