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2018 Top Mobile Apps for Home Buyers

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A review of the top mobile apps at every stage of the home shopping and buying process. A resources for buyers and providers in the housing industry.

Published in: Real Estate

2018 Top Mobile Apps for Home Buyers

  1. 1. FROM CULTURAL OUTREACH
  2. 2. Check out our Mobile App Handout PDF for a brief overview
  3. 3. Our team’s top picks for every stage of the homebuying process DREAM PREPARE SHOP MOVE DESIGN
  4. 4. Best apps for home buyers - how they work, pros and cons, and screenshots to see them in action WHAT’S INSIDE Top-Ranking Apps How to Use Best FeaturesHome Buyer Stats
  5. 5. Source: NAR,Home Buyers & Sellers Trends, 2018
  6. 6. Home Buyer Statistics Median age of first-time buyers- 32 Average income - $75K Median age of repeat buyers - 54 Average income - $97K Source: NAR, Quick Real Estate Statistics - 2018
  7. 7. Millennials are the largest group of home buyers at 36% 65% of these are also first-time home buyers Millennial Homebuyer
  8. 8. 99% of Millennials go online to find a home 58% of those utilize mobile apps Millennial Homebuyers are Tech Savvy But they still desire human interaction and a relationship with trusted professionals
  9. 9. Thinking about what buyers want in a home DREAM
  10. 10. 1. Trulia ● Great app for home discovery & neighborhood statistics ● Shows top-rated schools in an area ● Points of interest ● Easy to share with others
  11. 11. ● Cool features like searching customizable areas with the “draw” tool ● Save search filters for future searches 1. Trulia
  12. 12. 2. Zillow ● Simple, easy to use home search app ● Beyond the basics: offers free access to foreclosure property listings ● Look up public and private school ratings in an area
  13. 13. Cons: Zillow & Trulia ● Often outdated information ● Slow to update listings
  14. 14. 3. Homesnap ● “Snap” feature allows buyer to take pictures of any house and get immediate listing information ● Chat/share homes with Realtor ● Listing capture is GPS-based, not image-based, so if a low-quality pic is snapped, that’s OK
  15. 15. Cons: Homesnap ● Can’t save filters ○ Have to reset every time a user opens the app
  16. 16. Find out how much home buyers can afford PREPARE
  17. 17. 4. Credit Karma ● Simple & quick way to learn credit score ● Free credit report ● Personalized tips to improve credit ● Easily learn about credit profile, and what each area means ● Provides a good deal of financial education throughout
  18. 18. 5. Mint.com ● Presents financial information in an easy-to-use interface ● Primary feature: budgeting & tracking
  19. 19. Get alerts for: ● Late fees ● Over budget in a category ● Bill reminders ● Rate changes ● Large purchases 5. Mint.com
  20. 20. Great for retroactive budgeting & seeing spending trends, but not as strong for larger wealth building goals and financial projections Cons: Mint.com
  21. 21. 6. Nerd Wallet ● Personalized financial planning with tailored tips ● Prioritize financial goals ● Learn credit score and factors that influence it
  22. 22. 7. Karl’s Mortgage Calculator ● Straightforward, simple tool for calculating mortgage payments ● Option to reverse calculate variables ● Multiple rounding options on loan calculations
  23. 23. 7. Karl’s Mortgage Calculator
  24. 24. Finding and comparing homes SHOP
  25. 25. 8. Redfin ● Provides up to date information for both buyers & sellers ● Most Accurate Home Data: MLS real estate listings refreshed every 15-30 minutes ● Connects with redfin account on desktop ● Competitive Edge: Identifies which homes are likely to sell the fastest so the buyer doesn’t miss out.
  26. 26. ● Difficult to delete large quantity of favorited or eliminated listings (there is a max to how many favorites you can have) ● Some difficulty coordinating open houses through the app Cons: Redfin
  27. 27. 9. Realtor.com ● Clean interface ● Potential buyers can give a listing their own rating - helpful when considering multiple homes *Tip: Homes that a buyer has already looked at gray out on the map so they don’t repeat viewing the same home over and over
  28. 28. 10. My Nest ● Home buying photo journal that captures and organizes details of homes to review & share later with friends ● In-app total cost analysis mortgage calculator
  29. 29. ● Buying a home requires lots of signed documents ● Easily scans documents/receipts into PDFs and shares them through mobile ● Great for important documents that need to get signed and sent quickly! 11. Tiny Scanner
  30. 30. ● Uploading docs to: Dropbox, Google Drive, Evernote, require paid Pro account ● Free version allows: email, fax, or save PDF to camera roll only Cons: Tiny Scanner
  31. 31. Planning, organizing, and streamlining the move MOVE
  32. 32. 12. Sortly ● Organizational app that creates a visual inventory of personal items with photos, tags, notes, & more ● Organizes and manages the move ● 5-levels of folder organization
  33. 33. ● Some features unavailable without a paid subscription ○ log large # of items ○ download or back-up data to phone ● Subscription service vs. flat-fee ● Only allows one-user per list ○ Can’t share inventory Cons: Sortly
  34. 34. ● Largest mobile marketplace for buying and selling items ● Features seller profiles and reviews for added safety and verification 13. OfferUp
  35. 35. ● Customer Service can be frustrating ○ Slow to reply Cons: OfferUp
  36. 36. 14. Task Rabbit ● Hosts a variety of home services from assembly to moving help ● Provides qualified and vetted “taskers”
  37. 37. 15. Trello ● Organization management app ● Offers ability to: ○ Collaborate ○ Add checklists ○ Create boards ○ Assign due dates or reminders
  38. 38. ● Some user difficulty when setting due dates/calendar items ● Initial difficulty of use ○ Lacks tutorials or helpful in-app tips Cons: Trello
  39. 39. Home projects, decorating and renovations DESIGN
  40. 40. 16. Houzz & Pinterest ● Discover, collect & share DIY projects and home design ideas Pinterest
  41. 41. Houzz ● View products in a new space ● Connect with design professionals 16. Houzz & Pinterest
  42. 42. 17. magicplan ● Create floor plans ● Generate job estimates ● View new space in 3D ● Add notes and photos
  43. 43. ● Some limited capabilities ○ Requires floor corner vs ceiling corner for AR measurement ○ Difficult if room is already furnished ● Fine controls can be temperamental ○ Better for high level projects (visualizations) Cons: magicplan
  44. 44. 18. Wayfair ● Purchase home goods ● Customized features section based on past searches ● Create project pages ● Shop look books
  45. 45. ● Largest selection of items across the board ● Items can be at the door in 2 days or less! ● Use Alexa to shop ● Compare before buying 19. Amazon Prime
  46. 46. Check out our Mobile App Handout PDF for a brief overview
  47. 47. culturaloutreach.com kristin@culturaloutreach.com sarah@culturaloutreach.com 2018 BEST MOBILE APPS FOR HOMEBUYERS

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