In 2020, nearly 63% of homebuyers made an offer on a home remotely rather than in-person which was up almost 200% from 2019. As millennials now make up as much as 45% of home buyers, the desire for digital solutions is only increasing. More and more homebuyers trust digital solutions for daily tasks and are willing to use these methods for real estate transactions as well. With the addition of virtual home tours, nearly the entire process can be completed using digital methods.
When purchasing a home, buyers often face tight deadlines for earnest money deposits. Coupled with the fact that driving a check to a title office is time-consuming and hours are limited, it can be incredibly stressful during a time that should create excitement and joy.
Digital solutions such as Tidal Money offer a secure, fast, and reliable transfer of funds anytime, anywhere. With options such as ACH and instant payment, the risk of wire fraud is greatly reduced and puts everyone’s mind at ease throughout the transaction. The homebuyer receives a secure link to register and make the payment, confirmation is sent once complete, and receipts are accessible and downloadable.
Why wait to streamline the process? A slower market is the perfect time to look at internal processes and see where efficiencies can be created. Get in touch with us today to chat about individual solutions!