Tag Archives: Buying

Consumerism

Consumerism can very generally be defined as a preoccupation with and inclination toward the buying of consumer goods. There are other interpretations as well but to simplify it – we work more, to earn more, to spend more.

Consumerism

While there are different types of consumerism, the decision to buy a home falls into the category of “purchase with a high amount of decision making”. These types of purchases are usually unfamiliar and expensive and the items are bought infrequently – cars, homes, or computer systems for example. The buyer often invests a significant amount of time gathering information before committing to the purchase because there’s a high degree of risk financially.

Buying a new home

When looking at scaling down, you’re going to spend a lot of time on that decision. What items can you not live without in a smaller home, and what can you easily dispose of? If you’re at a place in your life where you don’t want to worry about so much “stuff”, you’ll need to be honest with yourself in your assessment and get rid of whatever is surplus or not used.

Is your new home move-in ready or are you going to do some renovating. If you’re renovating, will you consider the type of materials you use? Are they environmentally friendly, are they sustainable? Are they durable or will you end up replacing them again before long?

Informed purchase with your home

To avoid falling into the consumerism trap, you’ll want to make sure your decisions are made based on as much information as possible. Are the materials going to last or will you be replacing it all again in a few years? This can apply to both the house structure itself, as well as the fixtures and fittings inside. Can you lower your impact on the environment by using more energy efficient items or fixtures that help reduce your water consumption?

Give careful consideration to the purchases and investments you make. Evaluate whether or not they are a necessity or a luxury, the origin (how it’s made and where) and what impact it may have on the environment. Then make your decisions based on what best meets your needs, in the most economical way.

If you are considering moving, call one of our expert agents today at RE/MAX of Nanaimo at (250) 751-1223. They can help you find exactly what you dreamed of when you first thought of scaling down.

Technology Advancements In Real Estate

There was a time when real estate agents were the gatekeepers of all property information. Buyers would have to come to their agents with a list of their wants and preferences, and the agents would line up suitable options for them to look at. Let’s take a look at how technology advancements in real estate effect how home buyers look for homes.

Home buyers

These days, most prospective homebuyers do much of their own research online. Not only are they coming to REALTORS® with specific homes in mind but they have often done the research about which areas have the best schools, amenities and lowest crime rates as well. On one hand this sounds like it makes the REALTORS® job easier, but in some ways it does the exact opposite.

The real estate market is highly competitive and for agents to succeed they have to be constantly coming up with new and improved ways to get the attention of prospective homebuyers, by using the internet and social media in particular. The latter is a powerful way to keep existing clients informed and to catch the attention of new ones on a global scale.

Mobile technology for REALTORS®

Mobile technology itself has had a positive impact on the daily life of the average real estate agent. For example, these days with the use of laptops, tablets and even wireless printers, REALTORS® can do much of their work in the field. They are no longer chained to their desk or paper files, which means more time to spend with clients and more time researching and visiting homes for sale in person.

Handheld devices, often cell phones, can be used to take both verbal and text notes while also storing and filing photos of properties and anything else that the buyers would like to see.

There are also software programs developed specifically with REALTORS® in mind. Some will help manage appointments, while other systems provide comprehensive mobile marketing platforms that can be used by the entire team.

Technology advancements in real estate

As you can see, while current technology is adding to the competitive nature of the business, it is also simplifying it. There is more to consider and manage, but it has never been easier to keep in touch and up to date with prospective homebuyers.

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