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Technology in Real Estate


Technology is jumping by leaps and bounds and the world of real estate is no different.  I remember when I started in real estate,  the piles of paper that everyone had to sign.  It became a joke that buyers had cramps in their hands from signing all those documents.  Now, buyers in one part of the country can electronically sign their documents a half a world away and buy a house with the click  of their mouse.

One of the neatest advances is the QR code.   A QR code (abbreviated from Quick Response code) is a type of matrix  barcode (or two-dimensional code) designed to be read by smartphones. The code consists of black modules arranged in a square pattern on a white background. The information encoded may be text, a URL, or other data.   Created by Toyota subsidiary Denso Wave in 1994, the QR code is one of the most popular types of two-dimensional barcodes.

You will see these codes on many products and advertisements.  One of the areas that you will see a QR code will be on some real estate ads, especially flyers for listed homes.   You only have to have the QR application on your smartphone and when you scan the QR code, it will take you to the web site pertaining to that listing.  It is one of the many ways that technology is being used in real estate.

Technology is a tool, much like the Internet, to help buyers find the home they would like.  But after all is said and done about technology, it is important to remember that it is here to help us, not to do the work for us.  The bottom line is a REALTOR can still help you ask the questions that you may not even know need asking.  Having a professional help guide you through this maze of today’s real estate is a real plus.

As always, if I can help you with any of your real estate needs, please don’t hesitate to contact me.

Roland

Hello world!


This blog is about real estate – all about real estate.  I will try to provide as much information as I can about the market, what you may want to look for, and how to select a real estate agent.  Any questions you may have are welcome and I will try to address what I can to help you the real estate buyer and/or seller.  You hear alot about how badly the market is doing, but in reality, this may be the ideal time to buy or sell real estate.

Now for the disclaimer which I will post periodically.  I am a real estate agent and REALTOR (more about the difference later) with Coldwell Banker Barnes in Franklin, Tennessee and would love to do business with you.  But the purspose of this blog is to provide information.  If I give you information that is useful, I have accomplished what I set out to do.  If it is information that does not suit you, throw it out and use what info is helpful.  It is all about you!

If you have any questions or comments, please feel free to leave them through the blog or you can contact me through my website at RolandLow.ColdwellBankerBarnes.com.

I look forward to hearing from you and helping you in any way I can.

Roland

The Never/Ever Changing World of Real Estate


Dear Reader:

A day doesn’t seem to go by without receiving bad news about something – everything at times.  Yesterday the market dropped over 600 points and the media spent the entire evening spewing out how things were going to get worse the next day.  Although it certainly did not recover the 634 points lost the previous day, it did make an upward turn.  And once that happens people start to focus on other, more dire, topics.

Real estate is no exception.  When the market turns down, as it  most surely has in recent years, the fear that kicks in makes the pesimistic predictions a reality to some.  Yet real estate, in my opinion, and in that of many other folks is still a good buy for people.  It is not just a purchase of real estate, but it is also a home to live your life, build memories and feel secure.

The purpose of this blog is re-instill the value of homeownership and provide information that will hopefully help anyone who is thinking of buying real estate.  The topics will cover the gamut of having a real estate agent, the difference between a real estate agent and a REALTOR, insurance, mortgages, etc.  Questions that you may have are invited and I will try to cover as much of the requests as I can.

Now for the disclaimer:  I am a real estate agent with Coldwell Banker Barnes in Cool Springs, Tennessee.  I am also a REALTOR ( more on that later).  I would certainly welcome any referrals or interest you may have in buying or selling real estate, but this blog is about information to help you, the real estate buyer or seller.  FSBOs may be helped with this blog.  FSBOs are welcome to submit questions about any issues they may have.

To sum up the first posting, let me just say that interest rates are around 4.5% for a fixed, 30 year mortgage right now.  That is an unbelievably low interest rate and should entice home buyers to get into the market.  I would suggest that if you are interested you should contact a mortgage broker and/or a REALTOR to help you through the process.  These services should be free and they can at least tell you where you need to start.

Second, if you are trying to sell your home, ask your real estate agent for a CMA (Comparative Market Analysis).  This should tell you a range of what you could expect to sell your house for.  The kiss of death in this market is to price your home to high.  Have a realistic conversation with your agent.  The price may not be what you would like, but it is more important to price the home where it will sell and not what you would like to get out of it.

Talk to you soon,

 

Roland