Are you feeling difficulty in selling a property during the lockdown? Here we shall discuss how IBuying helps in selling the property during the COVID.
Table of contents
- What is IBuying in real estate?
- How IBuying in real estate helps during COVID?
- What is the difference between IBuying and traditional ways of buying a property?
- What are the benefits of IBuying in the real estate industry?
- Conclusion
What Is IBuying in Real Estate?
Instant buying or IBuying is the latest trend in the real estate industry. We see that online methods are being used in every field. That is why the real estate industry also giving some space to the new ideas of selling and purchasing the property.
Moreover, through IBuying, people can easily buy the property online just using an electronic device i.e., a mobile phone or a computer. Likewise, several real estate developers have launched websites to facilitate the users to select their dream property. For that reason, you need to visit online property portals.
Further, these portals come up with the listings of several properties. Many online property portals are working worldwide, Zillow and Opendoor are some of the examples. Likewise, in Pakistan for the first time, Sirmaya.com took a bold step to launch this facility.
How IBuying in Real Estate Helps During COVID?
A severe pandemic which we called COVID 19 or Corona Virus affecting the world on a large scale. Moreover, this virus has minimized the activities of the public because it transfers from person to person. That is why, during the lockdown period, IBuying is helping people to buy or sell the property by using online methods.
Previously, people needed to visit realtor to the realtor or seller to seller to visit the property. Similarly, after visiting the property, they select which suit them. Now, no difficulty can be seen in how IBuying helps in the real estate industry.
Further, the lockdown during the Coronavirus period damaging traditional businesses. Therefore, people choosing to shift their businesses to online portals.
What Is the Difference Between IBuying and Traditional Ways of Buying a Property?
We say traditional ways of buying property to the means used for buying property manually. It means that you need to visit the seller with the property yourself. Moreover, a real estate agent can help in this regard.
The real estate broker is a person who works on commission and shows you several listings. Further, he tells the different rates of the properties. On the other hand, online portals use for buying property while staying at home.
You can choose the property in listings, hot listings, and super hot listings. Similarly, once you select the property you need to pay a visit and make the deal.
What Are the Benefits of IBuying in the Real Estate Industry?
The most important benefit of IBuying is to save your precious time. Moreover, you can see several options of property in the listings section. The benefits of how IBuying helps we say the number of realtors attached with the property portals. Therefore, we can say that property portals are the one-stop solutions in your services.
Conclusion
To conclude, we can say that IBuying is the trend of modern times. Similarly, this concept changes and revolutionize the real estate market. The speed of the time seems double and everyone feels busy. Therefore, this opportunity is much easier and more beneficial to invest in the real estate industry.
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