In the latter half of 2017, more than 50% of all homes for sale in the Mississippi housing market were ranked in the top third of home values. While this is great news for those looking to buy, you might also want to know that there are more buyers than homes in Mississippi today, meaning that those left on the market are hot items you will want to jump on fast. Due to advancements in smart technologies, you might find that the buying process is more efficient and personalized than ever, allowing you to easily find and snag the home you’ve always wanted.
VR & AR Making Property Visits Much Easier
With advancements in technology such as virtual reality and augmented reality that allow potential buyers to place themselves into a 360-degree world in order to look at every detail, viewings are improved and the buying process changes completely. Instead of wasting time driving to and viewing multiple houses in a day, this technology allows you to completely immerse yourself into a 3D floor plan and walk through the space without ever getting in your car. By allowing potential buyers to view properties in true-to-life definition through VR or online tours, they can shorten the home buying process and make more effective decisions.
Chatbots & AI Making Experiences More Personal
Buyers take an average of 4.3 months to search for their new home, while millennials take just under four months, and silent generation buyers take 5.6 months. Chatbots that are equipped with smart learning algorithms have the potential to completely change the way real estate companies provide customer service while also shortening this process for you. By automating the initial stages of back and forth between agents and buyers, which is often one of the most time-consuming parts of buying a home, an AI chatbot can quickly process a buyer’s information and feedback to be more engaging. What results is a quicker process in which you can effectively find and purchase the home of your dreams that exactly fits your specific needs.
Turning Home Buying into a Breeze
Artificial intelligence and virtual reality will continue to impact and improve the way people purchase homes in Mississippi and across the United States. Real estate companies are using AI to make the entire process more personalized and efficient for you while also allowing you to virtually step into the space you are looking to buy. This can only mean that, in time, one of the most stressful and time-consuming processes in one’s life will virtually be a breeze.