Some real estate tech observers predict that one fine day, all buyers will be able to go online, choose any for-sale property they like — maybe check it out in person, maybe not — and just buy it … on the Internet. Investors have been able to snap up distressed properties like this for some time on online auction platforms. But it’s been more challenging for buyers who want to purchase homes they plan to live in and need financing.
By staying up-to-date with the latest trends in technology, the likelihood is increased that you will be on top of your selling game. After scouring the Web, I have found four top apps that will aid in the selling and renting of homes in the era of the millennials.
With the release of the annual report into vacation home and investment property activity comes confirmation that the second-home market is booming while the rate of investment property purchase is declining. The report touches on many areas that show a drive toward investment in short-term rentals by three specific groups — affluent families, preretiree baby boomers, and investors who traditionally bought into residential rental properties.