Technology has made it possible to buy and sell property with very little in-person contact. In fact, you can be an entirely different city during your real estate transaction. Our real estate agents have helped many buyers find new homes using video conferencing and other online tools. Here are their top 5 tips for anyone who is interested in buying a home remotely
- Commit to the Idea
Remote house hunting is not for everyone. Making such a big purchase this way comes with some unavoidable risks and concessions. There are ways to mitigate some of these (more on that later), but you will never have the same experience as a buyer who is shopping on-site. If you're prepared for that, though, you'll have no trouble securing an excellent property. You might even find you prefer doing business this way!
- Know What You Need
Next, you'll want to think about what kind of home you're searching for. Narrowing down your needs will help you target the right kinds of properties when you begin looking for your new home. You may need to change this list of requirements if the realities of the market aren't in line with what you can afford, but starting out this way will keep the process from becoming overwhelming.
- Find the Perfect Location
After you've decided what your home should look like, start thinking about the area where you'd like to live. You probably have a rough idea of where you want to end up, but you may not know exactly which city you'd like to buy in or what neighborhood is best for your needs. Is the scenery important? Should there be lots of nature trails and bike paths for exercise? How walkable is the area? Are their schools and playgrounds nearby for your kids?
You can find the answers to all of these questions online, so be sure to sit down and do some research before deciding on a few target areas.
- Get the Right Agent
Once you know what kind of house you need and where you want to look for it, you can enlist the help of a professional real estate agent in that area. This person will serve as your in-person proxy during your house hunt, so it's important to choose someone you trust. You should also look for an agent who has plenty of experience in conducting remote home sales. This will make communication easier and significantly improve your ability to protect yourself from bad situations.
- Budget for Travel Expenses
No matter how hard you try to keep the entire process remote, it's likely that you will need to visit at least one prospective home in person before making your final decision. Set aside a few thousand dollars in your home purchasing budget to cover your plane tickets, gas, hotel rooms, meals, and any other expenses you might incur.
Contact us today to get in touch with one of our expert real estate agents and start the search for your dream home, no matter where you're currently living.