Use Real Estate Technology to Be More Agile During the Spring/Summer Rush
When a new real estate lead lands on your desk, you want to get the sales process started as quickly as possible, particularly in the busy spring/summer season. Luckily, gone are the days of long wait times and having to travel to in-person offices to access vital information. With real estate technology you can get the property data you need in real-time, all from the comfort of your computer.
Real estate tools not only can you save time and money in the sales process, but you can also take it even further — quickly identify new leads, determine property value, find out the property’s sales history, and much more, all with the use of technology!
Here are some ways that technology can help you stay flexible this spring/summer season:
- Show Properties Virtually, Right from Your Office
Some real estate tools, like the GeoWarehouse Property Details report, lets you show the property virtually. While a client will likely still want to see the property in person, being able to get an idea of the house online first can significantly narrow down your showings.
Technology like the GeoWarehouse StreetScape Imagery also lets you virtually walk around the exterior of a property. PivotView allows you to rotate the property 180 degrees for expanded views of the property.
- Rule Out Undesirable Neighbourhoods and Narrow Your Focus
Before you accept a listing, you want to make sure that it is one in your target market, or that there aren’t any glaring issues. The Neighbourhood Demographics Report can help you do that. Demographic data helps you learn about age distribution, marital status of residents, owned/rented properties, average household income, dominant language, and more. Not only can this help you weed out properties that aren’t in your wheelhouse, but it can also help you find areas that do fit your list.
- Detect Potential Fraud Early
The last thing you want is to go through the sales process only to find out that a client has an undisclosed lien or mortgage on their property. A POLARIS Parcel Register* will tell you the Property Identification Number, the legal description of the property, the type of ownership, registration (instrument) numbers for items registered on title, and more. If you have an instrument number, you can also go further and obtain an Instrument Image*, an image of a registered document with the Land Registration System of Ontario. These could include liens, mortgages, transfers, and condominium declarations, among others.
* An official product of the Ontario government pursuant to provincial land registration statutes.
- Easily Find Nearby Schools, Parks, and Other Amenities Remotely
If you have the time, driving or walking around a neighbourhood to see nearby community features is great, but it’s not always realistic. When you’re busy, going on a neighbourhood tour might not always be possible, especially if you have a client in the office asking you how close a house they’re looking at is to area schools. With technology like the GeoWarehouse Aerial Imagery, though, you can find out this information without leaving your desk chair.
- Determine Property Values When Listing or Evaluating Offers
With the GeoWarehouse Neighbourhood Sales Report, you can learn about the sales in the neighbourhood where the subject property is located. If you’re evaluating a property for listing or evaluating an offer on a home in an area that you’re not familiar with, this can be a big time-saver.
Real estate technology is constantly changing and adapting, but here at GeoWarehouse we believe whatever tools you choose they need to be easy to use, provide real-time data, and, above all, accurate. We’ve taken care to ensure our technology meets all three categories.
See all the features GeoWarehouse has to offer at www.geowarehouse.ca.