Wonder if you can benefit from this great Tooele County Real Estate market.?
In all my years in the Real Estate business in Tooele County, I can’t recall ever seeing a time when the market looked so good while the entire industry is paralyzed and threatening to come to a halt.
Up until recently Buying or selling a house has been a hands on enterprise that required person to person interaction.
As a buyer or seller of a Tooele County house you would immediately be expected to work face to face with a number of support people; agents, lenders, title folks, bankers, appraisers, movers ETC:
And………….. it seemed like that’s the only way it could be done.
But…… because of recent technology (some not so recent), and some “out of the box thinking” we think it’s possible to put together a new way of performing our tasks efficiently and SAFE!
Let me invite you to peek @ the following short articles see if it’s something you would be comfortable with,
Read this article to know if you would like to examine how to take advantage of this great market in Tooele County.
How Technology Is Enabling the Real Estate Process
Today’s everyday reality is pretty different than it looked just a few weeks ago. We’re learning how to do a lot of things in new ways, from how we work remotely to how we engage with our friends and neighbors. Almost everything right now is shifting to a virtual format. One of the big changes we’re adapting to is the revisions to the common real estate transaction, which all vary by state and locality. Technology, however, is making it possible for many of us to continue on the quest for home ownership, an essential need for all.
Here’s a look at some of the elements of the process that are changing (at least in the near-term), due to stay-at-home orders and social distancing, and what you may need to know about each one if you’re thinking of buying or selling a Tooele County home sooner rather than later.
1. Virtual Consultations – Instead of heading into an office, you can meet with real estate and lending professionals through video chat. Whether it’s your first initial needs analysis as a buyer or your listing appointment as a seller, you can still get the process started remotely and create a plan together. Your trusted adviser is still on your side.
At Group1 Real Estate we have been preparing for this for quite a while. Our agents have the latest tools to support this new kind of customer interaction
2. Home Searches & Virtual Showings – According to the National Association of Realtors (NAR), the Internet is one of the three most popular information sources buyers use when searching for homes. Your real estate agent can send you listing information and help you request a virtual showing when you’re ready to start looking. This means you can virtually walk through the homes on your wish list while keeping your family safe. As a seller, you can still have virtual open houses and virtual tours too, so as not to miss those buyers looking to find a home right now. You can see all of the Tooele homes for sale on our home search site.
3. Document Signing – Although this is another area that varies by state, today more portions of the transaction are being done digitally. In many areas, your agent or loan officer can set up an account where you can upload all of the required documents and sign electronically right from your computer.
4. Sending Money – Whether you need to pay for an appraisal or submit closing costs, there are options available. Depending on the transaction and local regulations, you may be able to pay by credit card, and most banks will also allow you to wire funds from your account. Sometimes you can send a check by mail, and in some states, a mobile escrow agent will pick up a check from your home.
5. Closing Process – Again, depending on your area, a mobile notary may be able to bring the required documents to your home before the closing. If your state requires an attorney to be present, check with your legal counsel to see what options are available. Also, depending on the title company, some are allowing drive-thru closings, which is similar to doing a transaction at a bank window.
Although these virtual processes are starting to become more widely accepted, it does not mean that this is the way things are going to get done from now on. Under the current circumstances, however, technology is making it possible to continue much of the real estate transaction today. Make sure the Brokerage you select understands that they have the responsibility to provide tools to make your transaction easy peasey!
If you need to move today, technology can help make it happen; there are options available. Let’s touch base today to discuss your situation and our local Tooele County regulations, so you don’t have to put your real estate plans on hold.
Ready to move forward? Need a partner? I’d like to apply for that job. Give me a call. Berna Sloan 435-840-5029.
Just ask can I benefit from this great Tooele County real estate market.?