Industry News

How to protect “sight unseen” house hunters

Photo by Toa Heftiba on Unsplash

REALTOR Magazine

The pandemic and technology are rapidly changing how home buyers shop for a house. They are driving an increase in buyers who will put a contract on a home without physically stepping inside it.

In the early months of 2020, 25% of real estate professionals reported that their clients had made a “sight unseen” offer. In a recent survey from Homes.com of 1,500 consumers, 42% of buyers say they would consider putting an offer on a house without physically seeing it first.

Virtual tours, 3D photos, drone videography, and other technology tools are allowing buyers to see inside houses virtually and make them feel like they had been there in person. Buyer’s agents also are increasingly offering video walkthroughs through FaceTime or Zoom of showings to buyers who can’t be there in person.

Read more online: Help Protect ‘Sight Unseen’ House Hunters

Related posts

How More First-Time Homebuyers are Successfully Navigating this Challenging Housing Market

jlspr

Year-end lull a rare sign of normalcy in housing market, but will it last?

jlspr

King County property values are climbing – what does that mean for taxes?

jlspr