Albuquerque Journal

Builders tap into social media to reach buyers

- BY PAT SETTER TRIBUNE NEWS SERVICE

We’ve all seen the way homebuying has changed over the years. Today’s savvy buyers are doing more research ahead of time than ever before, and they walk into a real estate or sales office educated about their choices.

Social media — especially Facebook, Pinterest, Foursquare, Twitter and YouTube — has become increasing­ly important in the homebuying process.

Whether you’re looking for a home across town or across the country, Facebook connection­s can usually lead you to someone in the area where you’re thinking of moving. You’ll soon be connected to more people in that area and can learn about a place from those who live there. Community-related pages can also provide informatio­n on a specific area.

Recent studies have shown that even the decision to buy a house is influenced by social media. Because home values are often a point of discussion on social media, those connected to people whose property has increased in value are more likely to buy a home than those with online friends who own homes with fluctuatin­g values.

If you’re ready to take the homebuying plunge, it’s easier than ever to do research to find the right builder. With the everincrea­sing presence of social media, you can be sure that smart builders have taken notice, and they want to contribute to the conversati­ons taking place.

Here are a few hints to help you engage with builders of interest before a site visit:

Be sure to follow your favorite builders to get their latest posts and informatio­n.

Feel free to engage with a builder on a post or page.

Check out the YouTube videos available from a builder. It often gives you a virtual visit and offers informatio­n on the nearby neighborho­od shops, restaurant­s, schools and more. To get a perspectiv­e on a home’s location, check out Google maps or Google Earth.

Read the content a builder will blog or post. It gives insight into what kind of company it is, and areas of passion and expertise.

Check out the location-specific posts — ones about the communitie­s you are considerin­g. These will help you stay informed on your favorite neighborho­ods. If there’s an opening coming up or a sales release, it’s a pretty good bet that it will be posted there first.

The only drawback is that everyone interested in similar homes also has access to the same informatio­n. With homes in short supply, it’s imperative to make quick decisions when a home becomes available. Getting preapprove­d credit is essential when it comes to making an offer.

The good news is that with so much informatio­n at everyone’s fingertips, consumers are much more informed and can search a wide variety of home options in a short period of time.

Being engaged and active on the social media sites you already use will give you knowledge about builders and what’s happening at your targeted communitie­s.

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