Can You Even Buy and Sell Real Estate Online
                     Can You Even Buy  
and Sell Real 
Estate  Online?
Before COVID-19, this question might have raised eyebrows or triggered laughter, 
but now it is no  more an impossible task. All thanks to the virus for letting the 
world leverage the true potential of  technology. The real estate agents around the 
globe had to change their way of selling and buying  properties. So, it was no 
exception to me too.
Hii, I am Manny Singh, a real estate agent serving my expertise in Pakenham, 
Narre Warren,  Hampton Park and nearby suburbs.
"Pandemic has changed the way real estate agents now take care of the day-to-day 
tasks. If we talk  about buying and selling homes, this too has got a revolution. 
COVID-19 has prompted real estate  agents to take over real estate activities online. 
For instance, virtual home viewing became prevalent  during the lockdown. Buyers 
and sellers resorted to the internet to reach real estate agents."
Today, almost every real estate agent has a business online. They run their 
businesses using social  media platforms and websites etc. Through the strong 
online presence of real estate agents, people  were able to sell and buy homes 
online.
So, by this, we get to know that yes, it is quite possible to buy and sell properties 
online. At least,  during the lockdown, it has become so.
Sell It Yourself
It is always possible to go solo on the ride for buying and selling properties. But if you are 
new to the  process, it is always suggested to hire a real estate agent by your side. A local 
real estate agent would be of  a great help to you in taking such a crucial decision of life. 
However, if you are considering to do it all by  yourself, then you can reach out to the 
websites online, gather information, and act accordingly. But in this  case, there is a 
probability that buying or selling might take time. On the other hand, with an experienced  
real estate agent, you will stay stress-free. Everything from pin to an elephant will be 
handled by real estate  agent.
When it comes to buying and selling online, the process remains the same. But you would 
still need a real  estate agent to know the valuation of the property, to understand the 
changes in real estate market, type  of market (buyers' or sellers 'market), negotiations, 
searching a potential buyer or seller, preparing  documents, inspections, open houses, 
auctions, and so on. All these steps and everything in between these  would require an 
assistance of a real estate agent, especially if you are a first-home buyer or first-home  
seller.
Also, there are certain things that you will have to take care of while buying and selling 
online. For instance,  you will have to see the right online website for yourself.
How to Choose the Right Real Estate Website?
So where and how do you start? There are a number of sites where you can list your 
home for selling. A  quick search online reveals some sites promote themselves heavily 
on social media while others might not  have a strong visibility.
Every website will have its own terms, conditions, and costs. So, choose the one that suits 
the best to your  needs and requirements. Also, do not make any decision in haste and do 
not even go for the one that offers  cheap rates.
While you are searching for the right real estate websites, make sure you compare the 
costs with inclusions  as well as the fine prints.
Also, check that they include a property report for your area so that you get a price 
guide for negotiations.  If a weekly report is important, look for a site that offers 
engagement data on your home listing. Also, with  social media as a big part of people's 
lives, you would need to see if they have a presence on social media  channels to capture 
more eyeballs or not.
In case, you need some personal assistance with selling your property, look for a site 
which has  testimonials, feedbacks, and reviews. Also, check the sign of 'For Sale', if it 
has been created and installed  properly, offering a good street visibility.
Find a Real Estate Agent Online
This is the first step to selling your house 
online. There  are number of online and hybrid 
agents out there. Look  for those who is able 
to fulfill your requirements. Also,  compare the 
packages, pricing and then finalize.
What to Check and Compare?
Fees
The low fee is often the biggest attraction of 
online real  estate agents versus high street 
agents. The fee among  online real estate 
agents varies considerably. So,  comparing 
their fees would be the first step in deciding  
which real estate agent you will be working 
with.
Remember, some real estate agents also offer 
no sale no  fee packages too. In this case, you 
are only allowed to pay  on completion but 
usually such real estate agents are  expensive.
Prices Also Vary Based on the Package
Comparing packages is also important to ensure 
that you  find the right package and price to 
suit your needs. While  looking into the 
packages, makes sure you check in the  
following criteria such as photography, floor 
plans,  advertising etc. Must look into other 
services they offer  because anything extra may 
come at an additional  charge.
Marketing Period
Do not forget to ask about the marketing time 
span. Ask  the real estate agent if the 
marketing of the property is  for a fixed time 
or unlimited time.
Get the Valuation
How would you even sell your house without 
getting  right valuation done. Make sure you 
get your property’s  valuation done from 
online agents. Some real estate  agents may 
give you detailed valuation reports too. So,  
look into this aspect too.
A local real estate agent would be able to give 
you the  right valuation of your property better 
than anyone else.  Along with valuation, also 
discuss the marketing.
Remember that getting the right valuation 
of the  property is incredibly important, not 
just in terms of a  final sales price but also 
for the speed of the sale.
Seek Feedback and Conduct Viewings
Usually, the real estate agent will ask you for 
viewings  too. The online real estate agent 
may also book buyers  through their 
dedicated online system.
Even though the system is online, you must 
speak to the  agent and understand about the 
number of viewings, the  price included, who 
will conduct them and how it will  come into 
the practice.
Offer Negotiation
Handling the entire selling of property online is 
a whole  new world. It should be your duty as a 
vendor to look  that the funds are in place. 
Even though having a real  estate agent will be 
a boon for you because the agents  take care of 
every step all by themselves, you should stay  
aware.
You should expect the agent to pass the 
information on  and guide through the process 
of negotiation and making  an offer.
Exchanging Contracts
Contracts are exchanged when the sale 
becomes legally  binding. This is the point when 
you and the buyer agree,  the day money is 
transferred and your home is sold. Most  online 
agents may even involve an up-front payment 
for  marketing. So, you must see this part too 
before hiring a  real estate agent online. 
However, reaching this point  means it is the 
time to crack open the champagne.
By all the above points, we get to know that 
searching  real estate agent online, working 
with them, and finally  selling or buying a home 
is not a thing of past anymore. If  you are 
looking forward to buying or selling properties  
online, do not hold yourself back because of 
COVID. We  are still on the move and working 
day and night to meet  your real estate needs.
Contact now!
GET IN TOUCH
3 Withers Ct, Pakenham VIC 3810, 
Australia
+61 423 277 447
[email protected]
Content Resource:  htt
ps://ealestatepakenham.blogspot.com/2022/03/can-you-even-b
uy- 
 and-sell-real-estate.html
THANK YOU