7 Reasons You Should Go On A Sunday Drive For Real Estate ??

It is Sunday which means when you are out on the roadways you might be stuck behind people that are just moseying along in their car without a care in the world.?

Luckily it is the weekend so you shouldn’t feel too much road rage being delayed by these types of drivers.

Unless of course, you are running late for your tee time, in which case you better pull off some fast and furious moves to fly by that person and get to the 1st tee.?

Well, my wife and I went out for our weekend drive to do one of our favorite things…

Scout for untapped real estate opportunities.???

We’ve found that the best real estate opportunities are not the ones that sit on Redfin, Zillow, or your local MLS.?

They are found with boots on the ground that have the local market knowledge to figure out what piece of land, run-down building, or mixed-use facility could be ripe for your next big deal.?

Driving around to find real estate can offer several benefits, although, with the rise of online tools and platforms, this practice has become less common.?

?? Here are my 7 reasons why people should drive around to find real estate:

1. Local Knowledge: Driving around a neighborhood allows you to gain firsthand knowledge of the area. You can get a feel for the ambiance, see the condition of homes and properties, observe the level of maintenance, and assess the overall appearance of the neighborhood. This can help you make more informed decisions about whether the area aligns with your preferences and requirements.
2. Hidden Gems: Not all properties are listed online, especially those being sold privately or by word of mouth. By physically exploring an area, you might come across properties that are not listed on popular real estate websites, giving you a competitive edge in finding potential deals.
3. Neighborhood Exploration: When you drive around, you can explore the amenities and facilities in the vicinity. You can find out how far grocery stores, schools, parks, and other essential services are from potential properties. This information can be crucial in determining the convenience and suitability of a location for your needs.
4. Property Comparison: Physically visiting properties gives you the opportunity to compare different options side by side. You can see how the layout, size, and condition of various properties match your preferences and requirements, which can be challenging to gauge solely from online listings.
5. Market Research: Driving around can provide insights into the real estate market in a particular area. You can observe trends, note the types of properties available, and even gather information about local property values. This information can help you make more informed decisions when negotiating prices or making offers.
6. Personal Connection: Sometimes, the emotional aspect of purchasing a property is just as important as the practical considerations. Visiting an area in person can help you establish a personal connection with it, making you feel more comfortable and confident about your decision to buy.
7. Safety and Security: By driving around, you can assess the safety and security of the neighborhood. You can observe factors such as lighting, the presence of law enforcement, and the general atmosphere, all of which contribute to your overall comfort in the area.

Here is the con to driving around…

It takes more time.

A lot more time.???

You can save yourself time by sitting on your couch and surfing the internet.?

I do that too.

But if I only used the internet and didn’t go out on my drive to see these potential investments in real life then I would not be able to get the edge over others in the real estate market.?

If you want to win in real estate, then do yourself a favor, take a leisurely drive around your city, and just look for all those hidden gems.???

Enjoy the drive!

PS: If you want to see how to leverage tech while driving then check out this video. ??