While the idea that one is now able to buy real estate online may be startling to many people, the fact is that millions of people have now come to rely on the Internet as their portal to real estate transactions. For those deciding to buy real estate online, the websites of both real estate developers are treasure troves of details on their current projects, and if you choose to buy real estate online directly from them, you will save the costs of going through a real estate broker.
The exponential growth of Internet commerce over the past decade has shown that people are willing to purchase almost anything online, so their willingness to buy real estate online is really not surprising. Internet commerce is expected to surpass the five hundred billion-dollar mark by 2010, and millions of people shop online every day. Their numbers are only expected to keep growing, perhaps even doubling over the next decade.
A Developer’s Dream:
Given that kind of audience, it only makes sense for real estate developers to market their properties over the Internet, where those who want to buy real estate online will be able to find them, instead of having to spend serious time traveling from development to development.
Those wanting to buy real estate online need only search for new developments in the areas of their choice to find information about the properties for sale. Many developers have sites that allow prospective buyers to buy real estate online that falls within a specific price range.
The sites which allow people to buy real estate online will provide them with the contact information either for the seller or for a nearby realtor when they have chosen the property in which they are interested.
A Realtor’s Dream:
Thousands of realtors have seen the wisdom of making it easy for consumers to buy real estate online, and have established websites that exhibit not only the real estate which they are offering but their other services. By having Internet “offices,” real estate agents make it possible for those who will be moving to their area to look over the homes for sale and begin to plan for their future purchase.
Even though they may not actually buy real estate online from that broker, having access to the website and getting an idea of what is available from that broker may lead them to utilize the broker’s services when they do their home search.
A Consumer’s Dream:
The Internet, by allowing people to buy real estate online, has brought together developers, real estate agents, rental property owners, and consumers in a way unimagined just a decade ago. People thousands of miles from an area can see and reserve rental properties, or begin to set up the financing for a house purchase to ease their transition into their new home. Now consumers can say ‘we buy house, we buy dream’.