The Traditional vs. the Virtual Real Estate Process of the Future

The Traditional vs. the Virtual Real Estate Process of the Future

In Maryland and Washington, DC. The real estate process is moving quickly toward a digital, friction-free transaction, saving time for buyers, sellers and agents. While some steps, like inspections and appraisals, are still being largely handled in person today, here’s a glimpse of what a 100% virtual transaction could look like in the future.

  •      TRADITIONAL
  1. Show Home In-Person
  2. Collect Signatures
  3. Open Escrow & Mail or
    Wire Transfer Earnest Money
  4. Get Home Inspected
  5. Perform the Title Search
  6. Secure Insurance and a Loan
  7. Get the Home Appraised On-Site
  8. Notarize Documents
  9. Gain Compliance
  • VIRTUAL
  1. Show Home Using 3D Tours, Video or Virtual
    Reality (VR) Before In-Person Showing
  2. Collect eSignatures
  3. Open Escrow & Pay
    Earnest Money Digitally
  4. Get Home Inspected Virtually
  5. Get the Title Order Digitally
  6. Secure Insurance and a Loan
  7. Get the Home Appraised Off-Site
  8. Notarize Documents Online
  9. Automate Compliance

If you are looking for a real estate agent, realtor, and lifelong real estate partner contact a Reliable Investment Consulting agent today at 301-823-5800, hire an experienced team of a real estate professionals in the Washington, DC, and Maryland marketplace.

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