There was a time when Realtors were often buried in paperwork, and unable to get out into the field. Technology has changed all that, whether you’re helping clients to lease, rent, buy, or purchase property.
Not that the process of actually doing “property business” has become easier, but technology has made huge strides in streamlining the process. It goes well beyond the customer being able to compare rates online and see how large a mortgage he or she can qualify for.
Government agencies have partnered up with software companies to provide full, digital financial services, which makes meeting in person and juggling hard copies a thing of the past. You can get bundling discounts, finance your e-plan, and have 24/7 access to virtual support with the right agencies.
But this is just a couple slivers of the whole pie. Here are more ways that technology has made all property deals a lot easier.
Apps for everything
There are apps for home buyers, home sellers, real estate agents, brokers, and those who arrange mortgages. The apps range from free to somewhat pricey.
They can notify you the instant your dream house goes on the market. With regard to financing, you can keep up with the latest interest rates, monitor your credit score, and ensure your online banking is routing funds toward your housing fund.
For building permits and development projects, you can depend on cloud solutions in order to “green up” the process. It’s now simple for everyone from developers to government entities to have the latest information and forms at their fingertips.
All the players are moving into the cloud, even the Department of Defense (DoD), which could mean the traditional nightmares of red tape when you’re seeking permits may finally be getting gentler.
Digitizing the Electronic Plan Review (EPR)
The EPR is a web-based solution for everything related to permits and development. It could be just the thing for commercial buyers who are scouting out residential zones, developers looking to build the next Street of Dreams, and a host of others in the property market.
However, not all EPRs are created equally. In order to pick the best EPR for you, do your homework and match your needs to what each EPR has to offer.
This is a crucial step in the process, so don’t go with the first one you find, or depend on word of mouth. There’s a perfect fit for you out there, and it can make a world of difference when you find yourself in the middle of getting those permits filed.