April 26, 2011
Buying a Home: There's an App for That
The Wall Street Journal Reports that if you're in the market to buy a new home there's a "slew of new smartphone apps aim to make the job easier and save you time." Again, why do we still need realtors?
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This is good news to have another source for searching for a house. I bet the Department of Justice (in regards to Sherman Act) is happy about this new app since it gives better services for both buyers and sellers to have the houses marketed in a broader set of people. I can also see that it will lower the cost for advertising, which is good for the buyers and sellers as well.
We still need realtors because we need to make sure that everything is in order. I think the largest benefit of having a realtor is the better possibility of contracts being in order. I do hope that realtors do take their time to explain and create a contract that will be beneficial for their customers. Can you imagine having to deal with all the fine prints and everything there is connected to real estate contracts? Those are already hard to understand on their own. I can only imagine how many mistakes and/or misunderstanding (possibly lawsuits) can result from the absence of realtors.
Posted by: Katherine Moore | Apr 26, 2011 7:19:55 PM
Thanks for the video. I think having "an app for that" is truly beneficial for a new home buyer. I think this ease and accessibility of having an app allows users to do more research in less amount of time.
However, I think realtors are essential to the equation in completing the transaction. Apps aren't able to offer a human component and really build a relationship or rapport with the property. The experience of buying a house goes beyond simply knowing the facts and there's NOT an app for that, yet :)
Posted by: Michael | Apr 27, 2011 10:14:14 AM