Technology continues to change rapidly every day. It has made it much easier and more convenient for businesses to operate daily, especially during the coronavirus pandemic.
As an investor you should look to use the growing technological advances to help grow and improve your company.
Here are some simple but needed tech tools to help Houston real estate investors during the coronavirus pandemic.
3D Virtual Tours
A virtual 3D tour is a simulation of an existing location, typically composed of a series of videos.
It is a great tech tool to help real estate investors and realtors on a regular basis and is a lifesaver during the coronavirus since we continue to observe a stay at home order.
It is critical that investors in Houston are able to show houses via the internet. Many potential home buyers are still looking for homes.
Since they can’t physically go to the property. A virtual tour is the best option for home shoppers right now.
As a real estate investor, you would still like to see the property and tour its insides and check out the neighborhood, but it still isn’t totally safe to be out and about looking at properties right now, especially if you have medical conditions that would compound contracting the coronavirus.
With virtual tours, you will be able to see the outside of the property, the inside of the property, and you may even be able to explore the surrounding neighborhood depending on how and where it is listed.
If you are really serious about buying a property, you can contact your real estate professional, or homeowner if it is for sale by owner, you could request a video call and have the agent walk you around as if you were actually there!
If you don’t have a real estate professional we can recommend a great one to help you. Just contact us here at Sell Your Homes Houston we are happy to help any way we can.
3D House Staging
3D house staging is a great tech tool to help Houston real estate investors during the coronavirus.
The tech tool will stage a house using pictures of the property and impose three-dimensional furniture and objects into the photos to scale so you can get a real feel of the space.
Who needs real furniture anyway!
This technology also saves the seller time and money, because they do not have to hire a decorator, buy or rent any furniture or decorations.
These three-dimensional displays can be updated to fit your taste and colors and really visualize if the property is a good fit for you or your portfolio.
Another amazing tech tool to help Houston real estate investors during the coronavirus is the ability to prepare, negotiate and finalize contracts digitally.
These services are available through multiple reputable companies and are generally accepted as legitimate contracts by title companies.
The beauty of the digital contract is that it can be easily signed and initialed with a simple click of a mouse.
You can also make comments and notes on these documents without having to worry about reading someone’s writing or the quality of the scanned document.
Title companies are also utilizing digital notaries which means an entire closing can be done electronically!
Note: This is very new legislation and there may be restrictions. Please call Sell Your Homes Houston today at 832-535-2034 to find out if you can qualify for a digital closing.
You can also purchase properties via wiring funds from your bank to the title company. You may not have to leave your home office to complete a transaction or try to find a notary!
During the coronavirus, this is a critical tool to help all parties involved in the house buying process to be safe.
Using Management Software
Another extremely useful tech tool to help Houston real estate investors during the coronavirus would be management software.
If you own rental properties, this software would be a great way to keep track of your payments on properties and also allow tenants to make their rent payments online so they wouldn’t have to worry about getting a money order, having to mail a check, or bringing rent to a rental office, depending on how you receive your rents.
This way it keeps everyone involved at a safe distance.
There is also management software for real estate investors of other types of properties. With portfolio managers, you can keep track of all of the properties you own, when taxes are due, and some software have the ability for you to find a new property to purchase!
There are many new technologies available now to help investors and it’s only getting better. If you want to keep your self and the general public safe this article covers four amazing tools that you can implement in your business right now.
Not only will they save you time and money. The technology will help to keep you safe during the coronavirus pandemic.