This article covers the Buyer experience for clients of Loan Officers on Homebot. Learn about different home search options and how Homebot Home Search helps clients make smart purchase decisions with personalized financial insights on every listing.
Homebot for Buyers is a fun experience to educate the renters, investors, and prospects in your database as they house hunt. It's sent automatically each month to help your clients:
Get a smart price point and request pre-qualification
Compare markets by market temperature, cost, square footage & buying timeline
Explore markets by the factors that matter most to them
Track changes to market rates and how it may impact affordability
See how their properties of interest could perform as a short-term rental
SETTING THEIR PRICE POINT
The price point can be set by you or by the buyer at any time. All information below is based on their price point, as well as their favorite markets.
COMPARING MARKETS OF INTEREST
Your clients can easily compare markets of interest by:
DISCOVERING NEW MARKETS
Your potential buyers can also Explore more markets and quickly direct message you with questions! Learn more about the explore market feature here.
UNDERSTANDING THEIR BUYING TIMELINE
Understanding the buying process is essential to propelling your leads towards making a decision. Our buying timeline will outline the main steps in home buying, helping them understand the best time to get started and set expectations around accordingly. You can customize the Prepare & Close phase, learn how here.
TRACKING & LOCKING IN INTEREST RATE
Interest rates change every day, and that can affect what your buyer could qualify for. Their Market Report will show them how interest rates rising/falling may ultimately affect what they can afford.
Buyers can click on Change to update their annual income, monthly debt, downpayment, and loan term to find out how much they can afford at current interest rates
DISCOVERING SHORT TERM RENTAL POTENTIAL
Buyers can also learn more about the potential income opportunities of Airbnb with our short-term rental module. Buyers can enter addresses and zip codes, as well as how many nights per month, to determine earning potential.