Thirty-five percent of home buyers who purchased a home in November and December said they made an offer on the home without seeing it first in person, according to a newly released survey of more than 1,500 home purchasers conducted by the real estate brokerage Redfin.
Sight-Unseen Offers: The following lists the percentage of buyers by metro area who said they made an offer on a home they hadn’t seen first in person:
- Los Angeles: 57%
- San Diego: 46%
- San Francisco: 44%
- Chicago: 38%
- Austin: 35%
- Denver: 33%
- Washington, D.C.: 32%
- Phoenix: 31%
- Portland: 30%
- Sacramento: 30%
- Baltimore: 28%
- Dallas: 27%
- Boston: 25%
- Seattle: 19%
Realtor.com reported that millennial home buyers are the most likely to make an offer on a home without visiting it first (45 percent.) Younger adults may be more comfortable relying on information they find online about properties for sale and the neighborhoods. When potential buyers can’t see the property in person first, some real estate professionals are relying on FaceTime video call tours or 3-D virtual tour programs to give their clients a better idea of the interiors. For example, Angela Hunter, a real estate professional in Omaha, recalls helping a family expecting a child move from Jacksonville, Florida to Bellevue, Nebraska. She used video tours to show them properties in the area.
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