The most successful entrepreneurs are able to pivot how they operate through changing environments and the corona virus pandemic is certainly one of those times to reinvent how to operate your business. In this day and age, there seems to be a technology solution for everything. Here are some tech tools to help Chicago real estate investors during the coronavirus pandemic.
Virtual Tours
A virtual tour is a wonderful tech tool to help real estate investors on a regular basis. As a real estate investor, you would still have to see the property and tour its insides and check out the neighborhood, but it is safest to do it from the comfort of your home. With virtual tours, you will be able to see the outside of the property, the inside of the property, and you may even be able to explore the surrounding neighborhood depending on how and where it is listed. If you are really serious about buying a property, you can contact the real estate professional, or homeowner if it is for sale by owner, you could request a video call and have the agent walk you around as if you were actually there!
Three-Dimensional House Staging
There are many providers out there to help Chicago real estate investors stage a house using pictures of the property and imposing three-dimensional furniture and objects into the photos to scale! This technology is considerably more cost effective and much faster, than the traditional route of hiring a professional decorator to move furniture into the property. It also prevents damage that may occur during the moving of furniture and installation of wall art. These three-dimensional displays can be updated to fit your taste and colors and really help showcase the property
Digital Paperwork
Another amazing tech tool to help Chicago real estate investors during the coronavirus is the ability to prepare, negotiate and finalize contracts digitally. These services are available through multiple reputable companies and are generally accepted as legitimate contracts in [market_state}. The beauty of the digital contract is that it can be easily signed and initialed with a simple click of a mouse. You can also make comments and notes on these documents without having to worry about reading someone’s writing or the quality of the scanned document. Please call Blue Ladder Development today at 630-387-6861 to find out if you can qualify for a digital closing. You can also purchase properties via wiring funds from your bank to the title company. You may not have to leave your home office to complete a transaction or try to find a notary!
Management Software
Another extremely useful tech tool to help Chicago real estate investors during the coronavirus would be management software like Buildium . If you own rental properties, this software is a great way to keep track of your payments on properties and also allow tenants to make their rent payments online. Tenants are able to submit repair request online. In addition the software will help you can keep track of all of the properties you own, lease expiration dates, when taxes are due, when insurance is due and so much more.