Real Estate News
Real Estate News

Why Social Media Should Be Your Best Friend When House Hunting


Written By: Jaymi Naciri
Tuesday, May 14, 2019

Get to know your neighbors

You can learn a lot by spending time in the neighborhood where you are considering buying a home. But if you can get access to the neighborhood Nextdoor, yoursquo;ll get a behind-the-scenes peek at who lives there.

Keep in mind that every arearsquo;s Nextdoor is filled with the requisite wild animal sightings, landscaping gripes, and grumps who want everyone to slow down while driving and wait until after 10am to mow the lawn on Saturdays. But if therersquo;s something that stands out as a red flag, you might want to do a little more research into the place yoursquo;re looking to call home.

To know what happened in your house

Is it invasive to read through the timeline of sellers on Facebook or look through their Instagram feed? If they donrsquo;t have their social media pages set to private, you might be able to get some background on the house. Maybe they posted pictures of before-and-after renovations. Maybe the house had a flood or fire or some other issue that they havenrsquo;t disclosed. Maybe those countertops that you thought were real marble are really a 90 DIY paint-over-laminate situation. The more information you can gather about the house and its condition and its history, the more confident you may feel making an offer, or walking away.

To keep up with mortgage rates

Mortgage rates have been all over the place this year, rising one week and taking a surprising dip the next. Following a site like Bankrate or Nerdwallet on Facebook or Twitter can ensure that you know whatrsquo;s happening, so you can save money wherever possible when buying a home.

To learn more about real estate in your neighborhood

Nextdoor is also a great place to learn about homes for sale that may not be on the MLS and rentals. Both can potentially affect your decision to purchase a home there.

Homebuyers are going to look at Zillow, Redfin, and Truliamdash;itrsquo;s inevitable. But do so with an understanding of what yoursquo;re looking at. You can review actual home sales to compare prices in different areas. But trusting estimates on these sites that are typically many thousands of dollars off and not reflective of actual, current sales can be dangerous. Itrsquo;s best to trust the comparative analysis your real estate agent provides to you.



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