The AZ Daily Star has an article titled “Real Estate listings go to cell phones” But it sounds to me that this new technology is not really about listings going to cell phones, that’s already widely available and somewhat useful, but about trying to stir-up an impulse buying state of mind in potential buyers. However ridiculous that may sound.
… a new [mobile] platform that lets users search listings, pre-qualify for loans, call up title reports and even submit offers — all by cell phone. Deals could be made — or at least tentatively agreed to — in minutes. If it takes off, it could change the shape and pace of real estate as buyers, fueled by instant information, blast out offers.
Yeah right, blast out offers, like bidding for beanie babies on ebay.
Try reading the fine print of a real estate contract, title report, or, better yet, a mortgage contract, on your cell phone, and then see how you feel about blasting out an offer.
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