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Mistakes to avoid when searching for a home on the internet

Mistakes to avoid when searching for a home on the internet

September 7, 2011


While the internet is a useful tool for prospective home buyers, sometimes people forget about other aspects of the home searching process when looking for a home. 

As useful as the internet is, and as much information as people have placed online, buying a home is still a complex process, especially for those with little experience.

For example, U.S. News and World Report notes people shopping for a home sometimes assume they can do everything themselves. Depriving themselves of the assistance of a real estate agent can make it harder for home buyers to find an appropriate property and leave them unprepared for what's next if they locate one.

Using narrow searches

One pitfall many home buyers fall into is relying on a single search engine, or a few listings, to find possible homes. Homes are not necessarily listed on all these sites, so this may eliminate a lot of prospects from the search.
 
While narrowing it down is a necessary step, this can remove good choices from consideration as easily as poor ones.

MSN Real Estate suggests selecting several such search tools and using them in tandem. This can fill in gaps and allow home buyers to compare results. That way, the home buyer has a better overall picture.

Missing out on resources

MSN Real Estate reports that one major time-waster among home buyers is looking at homes they cannot afford. Getting pre-approved for a mortgage is one way to determine what price range to shop within and avoid wasting time on properties over the budget.

Another resource home buyers may be unaware of is real estate RSS feeds or email alerts, which can help fill in knowledge gaps about the market and provide current information.

According to U.S. News and World Report, a good agent can have years of experience in a locality, and may know what neighborhoods to look in just from a description of what the home buyer wants. In addition to finding more listings and their ability to narrow things down more efficiently, agents stay informed about current developments in an area, which may be difficult for home buyers not from the area.
 

About Coldwell Banker®

Since 1906, the Coldwell Banker® organization has been a premier provider of full-service residential and commercial real estate. Coldwell Banker is the oldest national real estate brand in the United States and today has a network of approximately 83,000 sales agents working in approximately 3,100 offices in 50 countries and territories. The Coldwell Banker brand is known for creating innovative consumer services as recently seen by being the first national real estate brand to create an iPad application and the first to fully harness the power of video in real estate listings, news and information through its Coldwell Banker On LocationSM YouTube channel. The Coldwell Banker system is a leader in specialty markets such as resort, new homes and luxury properties through its Coldwell Banker Previews International® marketing program. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated.
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