No matter where we look, new technology is popping up. Whether it be in the cars we drive, our home appliances, and yes, even in real estate. While you might not have purchased a Massachusetts home recently, we’re excited to share some of the ways technology is changing real estate, but also how it can make your next real estate transaction super easy.

Here’s what’s up with the latest and greatest in real estate technology.

Real Estate Technology: Simplifying Your Next Waltham Home Purchase

Have you ever wondered how many homes are bought and sold each year in the U.S.? It’s a pretty impressive statistic. In 2023 alone, there were about 4 million transactions including single-family, condo, and co-ops—and that’s just for existing home sales, not including new construction. And that’s all happening despite high interest rates on mortgages.

One of the reasons we think that real estate continues to thrive is because the industry is continuously looking for ways to simplify the process for home buyers (and sellers, too). Here are just three of the ways technology is making the real estate industry more efficient than ever before.

1.    Online Listings and Pre-Listings: Be First in Line

The rise of online listings has totally overhauled the way we buy and sell homes. Platforms like Zillow and Realtor.com display Massachusetts’ homes as they hit the market and feature pre-listings. These pre-listings allow potential buyers to be prepared to act quickly when a Waltham, MA, home officially becomes available. This is a great way to help you snatch up an amazing property in a super competitive market.

2.    Mobile Apps: Convenience at Your Fingertips

Mobile apps have transformed the real estate search process, offering unparalleled convenience. With a 157% higher conversion rate than mobile websites, apps like Redfin and Trulia allow users to browse listings, schedule viewings, and receive instant notifications about new properties from Massachusetts on their smartphones. This ease of access means buyers no longer need to be tied to their laptops or desktops; they can look up properties anytime, anywhere.

3.    Virtual Tours: See Before You Visit

Virtual tours have become an invaluable tool in real estate, providing a detailed view of properties from the comfort of your home. This technology allows buyers to explore Massachusetts homes through high-quality, 360-degree images and videos, offering a comprehensive look at the space without needing to be there in person.

 

For out-of-town buyers, virtual tours are especially beneficial, enabling them to narrow down their options and decide if a property is worth a physical visit. This innovation saves time and travel expenses and helps buyers make more informed decisions about their potential new homes. Many homebuyers are happy to trust in the expertise and recommendations of their real estate agent, especially if they can “see” the home online before making an offer.

Ready to Buy or Sell?

Are you ready to buy or sell a home in Waltham, MA? Looking for a new home to expand your family? Or, are you looking to downsize and lessen your mortgage payment? Contact the team at Hans Brings Realty today. Our real estate services not only leverage the best in real estate technology but also make home purchases an enjoyable process!