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REMOTE BUYING IN REAL ESTATE: HOW DO YOU GO ABOUT IT?

Buying a property remotely has been the trend nowadays. With the quarantine restrictions placed all over the country, it has been challenging to go on open houses and property trippings. Many property buyers then resort to virtual arrangements, and rely on video tours to choose their property.

Since medical professionals are yet to find a vaccine for the virus that brought about these drastic changes in our lives, it completely makes sense to shift to buying properties remotely. However, to make sure that this acquisition process goes smoothly, you’ll have to take into consideration the things we will outline.

Search for the right real estate agent for you

Given the limitations brought about by the pandemic, you’ll have to let your agent do almost everything. The entire property acquisition process will be on his hands, so you need to make sure that there’s a good fit between you two to prevent complications in the process. Your agent’s personality should complement yours to be able to arrive at an understanding of what your dream property is, as well as how you will be able to get it done from start to finish.

Let your agent know what you want

After you’ve chosen the perfect agent to help you, start to list down the factors that would qualify for your dream property. This includes the perfect location, lot size, amenities, and other things that you envision for your next investment. Aside from the positives, you should also list down some deal breakers, or those you would not want for your property. This may include a specific neighborhood you wouldn’t want to be part of, the shape of the lot, or other features that are part of your blacklist. 

Through the list you will be providing to your real estate agent, he can help you identify properties that would suit your interests and needs. You can both save time and resources by having this comprehensive “wish list.”

Learn about your agent’s experience

Experience matters, especially in real estate. Knowing your agent’s previous clients and experience in dealing with investors like you, whether remotely or not, will show how trustworthy they can be. A good track record can give you a peace of mind that you chose a good agent to take care of the hard-earned money you will put into your dream home. Remotely, you can do a virtual call with your agent to know more about him and give you a glimpse of how he deals with clients.

Check your agent’s availability

Some real estate agents nowadays have side hustles. Therefore, it is important to check if your agent can handle your requests from start to finish. Like what was mentioned on the first item, your agent will do almost everything in the process, so they would need to be readily available to take care of the acquisition. You should also establish timelines to be met to ensure the smooth flow of your buying process.

The rise of virtual tours

Ultimately, the remote buying process brings in more challenges. But, the challenges brought about by the new normal made people unleash their creativity and resourcefulness more, and real estate is no exception to that. Because of restrictions, virtual tours have become popular so buyers won’t need to go to the properties in person and risk getting exposed to the virus. 

To ensure the safety of our clients, we also have our own take of this. Me and my team do our own style of these virtual tours, highlighting the location as well as the possible views from the property. We also add drone shots using our own equipment to give our clients a bigger picture of what the property looks like. We make sure that it’s as detailed as possible so that our clients don’t even have to see the lots. Aside from keeping the safety of all parties in mind, these virtual tours are also perfect for those abroad who wish to invest in properties here. 

Have you seen some of our virtual tours? If not yet, check out these videos, and don’t forget to like and subscribe!

Amazing lots in Sun Valley Phase 5C: https://www.youtube.com/watch?v=w5sOJ_r_UuE

Fairway lots in Eastland Heights: https://www.youtube.com/watch?v=yScLfp7fO5Qa

If you’re interested in Antipolo properties for sale, I’m your guy! I can help you find a property that would be perfect for you and your family. For inquiries, contact me at 0927 957 2503 or shoot me an email at dan@danielalleje.com.📲  

 

Reference

Folger, J. (2020). Buying a Home Remotely: A Step-By-Step Guide. Retrieved from https://www.investopedia.com/articles/investing/022217/buying-house-remotely-stepbystep-guide.asp

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