What is a Virtual Office Website (VOW)?
Basically a Real Estate Virtual Office Website is an online place of business, where real estate brokers and their agents may work directly with buyers and sellers as if they were physically present in their own brick and mortar office.
In effect a Huntsville Real Estate VOW will be a very different website when compared with current IDX based public sites. With the Virtual Office, consumers will be able to essentially access online all non-confidential information within the local MLS through their own real estate professional’s web services.
Why VOW’s are important to you as a consumer?
Don’t get me wrong current public real estate websites provide lots of useful information, however they fall very short when it comes to allowing buyers and sellers access to the deep levels of information that are important for any real estate transaction. Thus to learn about comparable market analysis (CMA), days on market (DOM), price changes, tax information, sold history, and other important types of information; today’s consumers typically need to contact their real estate agent to extract this information for them.
The Real Estate Virtual Office thus presents some new consumer engagement options:
- Clients will be able to browse and establish notifications for recently SOLD homes
- Clients and their Agents can leave blog comment remarks about specific listings
- Agent CMA Estimates may be visible on some listings and automated on others
- And many more new features with real-time chat are all possible with the VOW
Local VOW News and Happenings
The North Alabama Multiple Listing Service (NALMLS), as required by the 2008 Department of Justice and National Association of Realtors (NAR) settlement, has already begun providing additional information within their feeds for use within VOW environments and other VOW related feed changes are currently underway.
Moreover as Real Estate Technology Leaders, The @Homes Realty Group have their own VOW currently under construction at www.atHomesRealty.com We of course are working hard on this effort that will have many new customer and client features and we look forward to launching this additional consumer centric website in the coming months, so stay tuned for updates.
If you are a current buyer or seller in the Huntsville Real Estate market and would like to know more about our current and upcoming VOW services just drop us an email or give us call at 256-263-4241 and we will be happy to assist in anyway we can.