July 13, 2023
When it comes to home features, there’s nearly one that just about every homebuyer agrees they want, and it’s not an in-ground pool, wood-burning fireplace, or even a fenced-in backyard. It’s fast, reliable internet—specifically, fiber.
Unfortunately, not all homes have access to modern internet technology. That’s why fiber internet has been shown to increase a home’s value and listing price by an average of 3%! Whether you’re on the hunt for a new home or looking to get more for your listing, Broadband Property Reports can help.
Read on to learn more about what a Broadband Property Report is, how to read it, and how it can help make all the difference in your next home sale or purchase!
What Is a Broadband Property Report?
If you’ve never heard of a Broadband Property Report, don’t worry! This innovative tool is relatively new and is developed by experts knowledgeable about both the real estate market and fiber internet technology.
Broadband Property Reports allow real estate agents and homebuyers to find comprehensive internet availability information for any home in the country. All relevant information appears on a one-page report that’s easy to read at a glance.
Agents often print these reports to include in disclosures, marketing materials, or at open houses for any listing. The reports can also be shared electronically in an email or text message.
Anyone can search an address and run a report at FiberHomes.com, right on the home page, though agents may want to create a free account for additional resources.
Key Features and Data Points of a Broadband Property Report
Broadband Property Reports have a simple and straightforward layout. If an internet provider has reported offering fiber at that home, you will see “Fiber Internet Confirmed” with more information about the provider right at the top of the report. That information may include internet speeds and package prices or new mover promos.
Below the confirmed provider (or in place of one if it’s not a certified Fiber Home), you’ll find providers “Confirmed in the Area.” These are providers that reported offering service in the census block to the FCC, though they may or may not connect the home you’re researching.
For each of those providers, you’ll also see the technology they have reported offering in the area. When comparing the options, it’s important to remember that nothing beats fiber internet! Fiber is the only existing internet technology designed specifically to deliver internet—as opposed, for example, to cable, which was designed for television signal. Fiber’s internet signal is sent through light along tiny glass fibers, an advanced material that is not impacted by weather conditions and is far less prone to distortion, slowdowns, or crashes.
As for speed, fiber transmits data at close to the speed of light! Internet service speed is measured by “upload” and “download” speeds. This is how quickly you can send and receive information from a device. Broadband Property Reports also include maximum speeds reported in the census block but remember: It’s important to contact those providers directly if you want to confirm availability at the address.
Broadband Property Reports have useful marketing features for realtors, too! If you’re an agent, you can add your photo and brokerage information to customize these reports for free by creating a profile at FiberHomes.com/agent. Branding the reports can help position you as the local expert you are!
How a Broadband Property Report Can Make All the Difference
If you’re a real estate agent, it’s important to run a Broadband Property Report on every home you list or sell. Imagine helping your client close on a multimillion-dollar home, only for them to find out too late that they can’t get adequate internet to work from home or stream on two TVs at once. Yikes!
In an easy-to-read one-page document, a Broadband Property Report provides the most comprehensive internet availability information out there. The Report clearly shows the two most important factors in determining the type of internet a homebuyer needs: type of technology and speed. It then compares the certified fiber provider’s stats (if available) to those of any other providers in the area.
Using Broadband Property Reports is the easiest way to help your clients (or yourself!) make critical decisions when buying a new home. By just running a quick report, buyers can “rule out” homes without fiber—and sellers of homes with fiber internet can gain an edge over the competition.
A Broadband Property Report is a free and effective resource for real estate agents and their clients. Search any address at FiberHomes.com to get started. Or, if you’re an agent, create your free account today and be sure to run these important reports for all homes you list or show!
