Cody Community Blog One person's perspective on living in Cody Wyoming.

Archive: August 2018

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Technology And Real Estate

Technology Is Changing The Way We Buy Homes

Here in Cody, the median listing price for homes is $319,000. Home sales have also been generally higher in 2018 than they were in 2017. This information is not only open to the public, but it is also easily accessible. With technology involved in the home buying process of today, potential buyers can locate listings easily, view properties from the comfort of their own home,  and significantly reduce the time it takes to complete the home buying process.

Finding and Viewing Homes

The first step in the home buying process is finding a home you love. Before the incorporation of technology into real estate, flyers and newspaper ads were some of the most common ways to find available homes, while driving to them in person was the only way to view them. Online apps and websites have made it extremely simple to find all the available properties in the Cody area at the touch of a button. This convenience allows buyers to narrow down all their prospectives without having to waste their time. Also, with the wide open spaces and natural beauty of the area, visiting multiple homes in a day can be a daunting task. Virtual reality software has been developed to allow buyers to view a home whenever they please, as opposed to just physically. This allows the buyer to see the property an infinite amount of times which pushes the sales along quicker, as the buyer is surer of the property.

Get The Best Prices

In the past, information regarding properties and their pricing were held by those who owned or were selling the property. With the accessibility of today's information, middle-class home buyers can be just as informed as those in the industry. Not only has technology offered up an even playing field, but it gives buyers the means to compare brokers and mortgages. Online applications for pre-approved mortgages, as well as competitive comparisons, speed up the home-buying process for all parties. This accessibility also gives buyers the opportunity to get fair prices and land in the best possible financial situation for you.

Technology Makes Home Buying Easier

Technology is meant to be a way to make life more efficient. In the housing industry, technology allows buyers to find and visit all the properties that interest them from their phone on their couch. This convenience saves time, money and effort. Technology also gives buyers access to all the information about a home, as well as the best prices and deals for mortgages and real estate agents. Your next purchase in Cody could all be done from your fingertips, a norm of home buying in 2018.