In a few days, realestate.com.au will be launching a BRAND NEW Digital Inspections feature to allow video walkthrough tours to be uploaded to properties displayed on their site.

This newly developed feature is separate to property videos or virtual tours.

The digital inspections feature is designed to allow agents to simply record a video of the home from their smart phone or tablet whilst walking through and around a property so that potential buyers can see the raw footage of some of the other features that may not be shown in the professional photos or existing property video.

This is an excellent idea for both buyers and sellers, especially during the current Coronavirus pandemic and it will help provide extra detail along with more transparent information about a property online so that buyers can make more educated decisions about a property and should help to pre-qualify and determine whether the buyer wanting to schedule an inspection is serious about purchasing the home or not.

During this next phase of the Covid-19 crisis I anticipate that we are going to find that there will be more online views and more enquiry from potential acreage buyers due to the fact that people will have more free-time to look at property online.

Visitor traffic to realestate.com.au will follow a similar online trend to what typically happens each year during the Xmas holiday period.

However, due to the pending Lock Down laws, so many people Working from home and the Social Distancing, the number of physical buyer inspections look likely to reduce.

But, now with the New Digital inspections feature, more information about the home will be available (if your agent uses it), and you’ll find that the actual need for the physical inspection from the buyer may actually be reduced and we may see a lot more transactions occur without the buyer inspecting the property at all.

The physical inspection of a property is what I actually call the ‘Validation Inspection’.

The Validation Inspection is where the buyer validates that the home is actually like what they expected when they saw it online and they want to check to see if there’s anything that they should be aware of that wasn’t displayed.

They also want to get the feeling and sense of proportion of the home along with the essence of what it would be like to actually live there.

By providing raw walkthrough videos, some of that validation inspection could actually be done online and the need for the physical inspection may be reduced

You see currently many owners say to their real estate agent, ‘there hasn’t been anyone coming through”, but, in reality there really has been, but, they haven’t been through physically.

The buyers first inspection of a property is actually the online inspection and then if they see features about the home that they feel may suit them and their family, they will then arrange to come out and do the physical (validation) inspection.

Here’s an insight into what realestate.com.au are about to release in an effort to assist agents, property owners and property seekers throughout the Coronavirus pandemic and beyond.

During a time where social distancing is being practiced to help flatten the COVID-19 curve, open for inspections may be unsettling for some. To help overcome this, on Thursday we will be launching a new free Digital Inspections feature, so you can showcase your listings to those who may prefer not to inspect in person. This will help buyers and renters discover the features of a property they’d normally see when attending an open for inspection, ahead of making a face-to-face appointment.

Here at McGrath we are doing Business As Usual In An Unusual Way.

Free video walkthroughs is just one of the recent innovations (amongst several others) that I am adopting as part of my newly developed ‘Acreage Sellers Go-Forward Plan’ which I sincerely believe anyone looking to sell or lease their acreage property should be seriously considering during this current uncertain climate.

I have developed a planned approach which I’m very confident that I will be able to create the enquiry required to maximise value and achieve the best offers possible for your acreage property.

If you’d like to know more about the ‘Acreage Sellers Go-Forward Plan’ along with the other ways that we can assist you to sell your acreage property during the Coronavirus crisis, don’t hesitate to get in touch with me if I can assist you in any way or if you have questions about what’s involved in arranging a Digital Inspection.

I hope you find this information helpful.

Regards

Greg Vincent