The internet has done some amazing things when it comes to finding homes and real estate for sale.
Before, even back in 1996, when we bought our first Santa Clarita Home, the “listings” were the property of the brokers. The real estate agents were very “private” when it came to what homes were for sale. In some cases, they would attempt to “hold out” for a buyer of their own so they could achieve the extra money which “dual agency” provides.
The agent we hired also did a great job of “steering” us away from the new homes which were for sale in Stevenson Ranch. Touting those homes had not stood the test of time as the one which we were interested in. The home we were interested in was built in the 1960’s – fyi. Today, we represent our clients when buying new homes.
Fast forward to today. The internet is not for “buying homes” and real estate. The internet has made the ability to “find homes” on line much easier than when Paris and I first bought.
While you will find the searching for homes easier, it’s not without it’s own fair share of warnings and cautionary tales. Some of the homes which are showing as being “for sale” online, are not for sale. Look at the small print, if it exists. Look at the location on the websites which talk about the website owner not being responsible for errors, etc.
Buying real estate has not been made easier with the advent of the internet. There are very few people who would buy a home online. There are way too many steps when it comes buying homes. Here is a short synopsis of the home buying process – there are many sub levels which are not on this list.
Getting approved for a home loan –
Searching for the “right” home –
Viewing the home in person –
Writing the offer –
Doing the Research –
Request for Repairs –
Seller Response to request for repairs –
Removing contingencies for the home buyer –
Verifying seller contribution/repairs completed –
Verifying termite/retrofitting standards adhered to –
Loan and Lending Pre/funding and post/funding conditions –
Extensions – Per Diem’s – Closing – Key Surrender – Possession –
Some buyers don’t care and just sign where directed. This is not a common buyer type. Most real estate buyers want the process explained and the paperwork explained in detail before signing.
This home buyer’s complaint had to do with the lack of attention to their own desires. They explained they had never bought a home before. They also explained they wanted to know how the process worked. In fact, the term “game plan” was mentioned.
Truly, buying a home is still an “in person” process. It takes an experienced real estate agent who knows the process. Who has accolades and stories from past client experiences and who is able to offer them to the home buyer to help them through the home buying process.
While searching and finding homes has become easier, buying them has not. “Choose wisely horsefly“…