Posts Tagged as Real Estate Market Trends

Consumer Empowered Real Estate Information Changes Agents' Selling Models

Real Estate Market Watch – Consumer Empowered Real Estate Information Changes Agents’ Selling Models

Today’s real estate trends point to a shift in the real estate sales paradigm. With today’s consumers empowered by information freely available online through portals like Zillow and Trulia, home buyers and sellers are increasingly looking to alternative sales models they feel offer better bang for the buck.

Sales Evolution
Though many agents fear replacement, market information accessibility isn’t rendering agents nonessential. Instead the rise of accessible digital home information has consumers looking to new opportunities in digital property transactions. Like the travel industry’s shift from agents to online tools, consumers no longer need the middle man to safely conduct transactions.

The Shift to Digital
Rather than the traditional 2.5-3% agent fee on each transaction side, consumers are looking to flat rate services such as Reali, which offer value while upholding quality of service. With the typical fee at about $5,000 for homes valued between $250,000-750,000, this offers both buyers and sellers substantial savings.

On a $500,000 home, which at a 3% commission would normally run $15,000, buyer savings amounts to $10,000 – a pretty penny in an era where scrounging up the cash for a down payment remains a significant challenge. And such services are not discounted, but full service, providing all the services and protections buyers typically expect from a broker, including open communication 7-days a week.

The Realization of a New Era
In this new era of real estate sales, most buyers/sellers opt for a non-intrusive chat/text session. Video/photo tours are created online, and buying/selling documents scheduled and uploaded through the service’s app, including disclosures and an executive summary of each deal’s details.

From scheduling a showing to shopper questions, everything is managed digitally via a buying/selling process that is automated, efficient, and tech-driven, yet still protects both parties, providing essential transactional guidance. Transparent, real time transactions, from the source, with no middlemen.

Arm yourself for changing real estate trends. Stay ahead of the game with the help of Properties Online.

Can Staging Help Home Sales?

Market Watch: What’s Hot and What’s Not in Home Design

We can’t always be experts on interior design, which is why a bit of professional advice is always welcome. In today’s real estate trends, we’ll look at what’s hot in home design from the 2018 Interior Design Show.

The Kitchen as a Focal Point
Kitchen upgrades remain a key investment opportunity, not just in design, but in technology. In today’s homes, there are an array of opportunities for design and technology to meet, and this is especially true in the kitchen. Now seen as a place to gather and even entertain, not just a place to cook, opportunities abound for kitchen personalization in both the design and technology genres. From multifunctional kitchen islands to smart refrigerators, stoves, and more, design elements turn the kitchen into an ideal second living space, the hub of the home.

Durable Materials with Clean Lines
Topping off favored kitchen materials: Engineered quartz, whose fabrication advancements have opened new doors in other areas of the home as well, surrounding tubs, showers and even fireplaces. Heavier, contrasting concretes are also quite popular surfaces around the home. Clean lines are big, with distressed wood cabinets replaced by cleaner, sharper surfaces, including boldly painted cabinet fascia.

Curvy Furnishings
Curves and soft round edges in all types of furniture, from chairs and tables to lighting, are cropping up. Lighting is more than functional, it is sculptural, with homeowners investing in lighting as they do artwork: The more fixtures the better.

Extending Living Space Outdoors
Due to limited space and sometimes crowded living quarters, extending living space outdoors continues to rise in popularity, making outdoor living spaces among the most popular real estate trends to date. Here customization opportunities abound as well, from outdoor kitchen, dining, and bar additions, to living areas, game rooms, private garden retreats, and even outdoor office space.

Strive for a listing that home buyers warm to with the hottest real estate trends from Properties Online today.