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Real Estate in the Information Age - Problems & Solutions

There seems to be no end to the amount of real estate information available to anyone who knows how to search online. You can find listings in all the far reaches by typing and clicking from anywhere in the country. You want demographics? You've got it. Want to know about schools? Type and click away. Restaurants? Medical facilites? Churches? No problem.

There has never been a time like ours when information is so bountiful and so easily and quickly accessed.

The only problem is how to process the information so that it tells you what you want to know. Most information is self-evident. If 5 churches are within a 10 mile radius of a property, then that's that. If a property is within walking distance of 3 restaurants and 5 miles from a hospital, then little processing is needed.

But when determining the nuances of a property within the full context of  its surroundings, the history of appreciation, the possible changes in the area, the enjoyment factor, the reliability of the information gathered -- well, this can be tricky.

A local expert in real estate can help you process information. Realtors have always helped with information. However, many realtors only knew a particular area well enough to be called an expert -- in that area. A good agent who represents buyers and is not stuck to one area, will, nowadays, be informed of all surrounding areas. We have access to local information that is updated constantly.

If we, the local experts, are doing our jobs, we will be current with all changes, or, at least, know exactly where to find the information. We will know how to take the information and make common sense out of it based on our knowledge of the big real estate picture.

It is easy to get lost in a sea of information. Unless you can sift and get quickly to the bottom line, you can be led down many paths -- some not too profitable.

The great news is that there is plenty of information with which to make a wise, informed decision that will be profitable -- the bad news is that gobs of information can be misleading if not processed and understood properly.

Make your life easier, if you are in the market for a home - use a buyer agent who represents you, and has the skills and knowledge to effectively make information work for you.

 

Published Monday, March 26, 2007 3:04 PM by Mike Farmer

Comments

Thursday, March 29, 2007 3:34 PM by Red Sea Real Estate

# re: Real Estate in the Information Age - Problems & Solutions

I think that every problem has a solution in my opinion

Red Sea Real Estate

info@redsearealestatesharm.com

http://www.redsearealestatesharm.com

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