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How Real Estate is Using Technology

Friday, October 16, 2020   /   by Breanna Thornton

How Real Estate is Using Technology

If you have read any of our previous posts, have you wondered how the buying process manages to stay afloat with shelter-in-place orders and social distancing requirements? This post is dedicated to explaining different virtual options available in real estate right now. These are great ways to get started buying a home online!


Image from shutterstock.com


1)  Virtual Consultations

Zoom has been everyone’s best friend lately! Most agents are making themselves available via video chat to maintain safe conditions. They can still get to know you and your real estate needs so you have the best possible experience given the circumstances!

2)  Showings & Home Searches

Since the majority of buyers are looking online for houses in the first place, it makes sense that virtual showings are becoming increasingly more popular. How do they work? Simply watch the video uploaded to the website at your own pace. With good enough video and audio quality, you can get a great idea of what a house looks like. You can always ask for more information until you feel more comfortable with what you know about the home.

3)  Document Signing

Another convenient aspect about the technology we have access to are all the new programs. Some of these programs allow documents to be signed right from your own computer. Although your online signature might not be a work of art (it can be difficult to sign with a mouse), there are many legal benefits to electronic signing. Plus, it saves a lot of time and traveling!

4)  Sending Money

There are so many options available to send money over the internet. Purchasing a house requires a lot of different transactions, and keeping these all online can be more convenient. Talk to your bank about purchases through your credit card, send a check in the mail, or give payments to a mobile escrow agent! Research what is best for your individual circumstance and what corresponds with your state regulations.

5)  Closing Costs

The closing process is also a tedious experience that can be handled virtually.  Mobile notaries are becoming more popular for bringing the required paperwork, and some are even allowing drive-thru closings. This essentially has the same feel as a drive-thru restaurant window, but for your home! Check local regulations to see what will work best for you.

Covid does not have to be an impediment in the buying process! We are committed to helping you stay in the loop and safe during this time. As always, reach out with any questions!

Information from Keeping Current Matters Buyers Guide & Realtor Magazine
Header image from texasrealestate.com