Buying and Selling Real Estate is Getting Easier
In the past, finding Real Estate to buy or sell, residential or commercial, was quite a chore. Basically, you got in a car with a Realtor® and drove around all day looking at properties. And if you were looking for real estate out of town, throw in an airplane trip also. However, the internet is once again streamlining another industry by allowing both buyers and sellers of real estate to easily review properties across the nation from the comfort of their own home.
A number of new internet sites are now available with extensive databases of both residential and commercial properties for sale and sophisticated tools that allow buyers and sellers to review these properties and actually consummate a deal.
In the residential market, Zillow.com is making the most waves. Based on Google Earth technology, Zillow allows users to zoom in from outer space and see large swaths of cities or neighborhoods at a glance. They have assembled a database of previous home sales so users can quickly see what their neighbors paid for their home. In addition, they will also provide a "Zestimate" which gives users an idea of what their property is worth based on comparable sales data. And finally, in a move that has Realtors® nervous, users can even list their property as being available for sale.
If it is commercial property you are interested in, visit Loopnet.com. Loopnet operates the largest commercial real estate listing service online, with more than $405 billion of property listed for sale. Loopnet currently has over 2 million members which includes high-profile real estate firms such as CB Richard Ellis, Century 21, Coldwell Banker, Grubb & Ellis, RE/Max, and Trammell Crow just to name a few. They even have a lender network available to help with financing.
Finally, if you want a Condominium instead, take a look at USCondex.com, the world's largest condo marketplace. And they do mean World. US Condex currently has over 300,000 condos listed for sale from the U.S. and 40 other countries valued at over $100 billion dollars.
So, if you are interested in Real Estate, visit the ManagingMoney.com Real Estate Center which can be accessed through our overall Investment Center. In addition to links for the companies just mentioned, you can also find Foreclosure listings and even specialty Real Estate Software titles to help with your investment decisions.
Digg It!, 
Reddit or 
Bookmark it!
