The National Association of Realtors report of 2020 highlights the importance of websites in real estate investments. According to the report, 51% of home buyers found their home online, 28% from real estate agents, and only 1% from print newspapers.
The findings imply that websites and online real estate platforms are the future of home buying and selling. In other words, home buyers are increasingly using the internet to search for investment properties. This article will dive into the best websites and platforms to choose from for real estate investment.
The platform offers real estate investors the opportunity to join a global network where they can connect. More than just another property listing website, this platform allows members to learn from each other, access tools and resources, and find various real estate options and properties. Beginners can find training opportunities, webinars, real estate investing groups, forums, calculators, and more here. The website has a simple design that makes it easy to navigate. Users can find investment properties in a specific area or take their time to ask real estate veterans and investment pros for advice, tips, and help.
Zillow was started in 2006 to make home buying and selling more accessible by providing accurate property value estimates (“Zestimates”). Zillow has since become a comprehensive online platform for real estate, offering home shopping, financing, and rental services.
The platform offers users to search for homes by location, price, or type. In addition, it allows its users to sell or rent their properties. Zillow also has a database of real estate agents that the site, services, and reviews can filter. It contains more than 135 million properties with close to a million five-star user reviews.
Realtor.com uses MLS listings to show properties for sale in a given area. In addition, it offers similar search features to Zillow, allowing users to look for homes by price, location, or type.
The platform offers a “Local Experts” feature, which allows users to find real estate agents in their area. It also provides a “Market Trends” feature, giving users an overview of the housing market in their area. Realtor.com contains more than four million listings and gets more than 30 million unique visitors per month.
Trulia provides local info on homes for sale, apartments for rent, neighborhood insights, and real estate market trends. In addition, the platform has the best mobile app that allows personalized alerts for properties in a user’s desired area. It also has a useful “School Finder” feature to help users find schools near homes they are interested in.
Trulia splits its niches into two mobile apps:
- Trulia Real Estate: Focuses on helping users buy, sell, or finance a home
- Trulia Renters: Helps people find apartments and houses for rent
The website features real estate properties on auction, such as REOs, commercial and luxury real estate, foreclosures, and short sales. The platform offers a variety of properties at discounted prices. It also provides financing options and resources for first-time home buyers.
Auction.com has a user-friendly interface that makes it easy to find and bid on properties. The platform also offers a mobile app that allows users to track their favorite properties and receive alerts when new auction listings are posted. In addition, investors use the platform to access the auction calendar and property details and to place bids.
Redfin is a technology-powered real estate brokerage that acts as an intermediary between buyers and sellers. The company uses MLS data to provide users with a list of homes for sale in a given area. It also has a team of full-service real estate agents that help users buy or sell homes.
The platform offers a variety of features such as “3D Home Tours”, “Price Cutter,” and “Redfin Estimate.” The 3D Home Tours feature allows users to take virtual reality tours of properties. The Price Cutter feature helps users find homes priced below market value. Finally, the Redfin Estimate feature provides users with an estimate of a home’s worth.
LoopNet is a commercial real estate listing platform with more than five million properties. The website has a variety of property types, such as office space, retail space, industrial space, and land. It also has a “For Sale” section that contains listings of homes, condos, and townhomes.
The platform offers plenty of features such as “Market Trends,” “Property Finder,” and “Listing Alerts.” The Market Trends feature provides users with an overview of the commercial real estate market. The Property Finder feature helps users find properties that match their search criteria. Finally, the Listing Alerts feature allows users to receive notifications when new listings are posted.
The Bottom Line
In order to make sure that you are on the right track when it comes to real estate investment, be sure to take advantage of all these online platforms. The opportunities that the online space offer are unrivaled by the more traditional methods of procuring real estate investment traditionally.