“Buyers typically searched for eight weeks and looked at a median of 9 homes and viewed 5 of these homes only online.”According to the National Association of Realtors® Profile of Home Buyers
When we are speaking about statistics “median”, defined as, “…relating to the value in the center of the distribution for an array of data…”, the median that struck me is that Buyers are physically walking through four homes before going under contract.
Technology is a wonderful thing, being able to tour what may be the home of your dreams while on your fourth Zoom meeting and feeding your child slightly overcooked mac n’ cheese is now how most home searches commence. According to NAR “The share of home buyers who used the internet to search for a home increased to an all-time high of 97%.”
Getting to know various details about location, proximity to breweries, general finish and brightness of the home through what you research on the internets is a great way to find your next home. Now what is needed? How about the local knowledge and expertise of a real estate professional?
“88% of buyers recently purchased their home through a real estate agent or broker, and 6% purchased directly from a builder or builder’s agent.”National Association of Realtors®
Now it is time to take a deeper look into the homes of great interest, having a real estate professional with knowledge of the local area, subdivisions, taxes, other random details that have affect on decisions, is key. Think about the last time you reviewed the public records of your home. That is all, think about it, how long has it been? Since you purchased your home? Never?
The point is, technology is a great assist, especially when you are considering a move for more elbow room in a pandemic, in the end you will want to walk through a home and start to visualize your live edge coffee table in the newly painted blue room with your blue suede high back modern couch and ask, “How do we go about submitting an offer?”