What to Know About Buying a Home Virtually

The process of home buying is ever changing as time passes and technology grows. One way the process has differed in recent years is buying homes essentially “sight unseen”. According to a study by Redfin, nearly 45% of people bought a home in the past year by making an offer on a home they had not toured in person. The amount of people buying a home without touring it in person is up 28% year-to-year from 2019. Below are some things to consider in regards to today’s new home buying process.

  • Picking the right agent is even more important now. Having an agent who understands your tastes, preferences, and needs makes finding the right property easier for you. They will act as your eyes and ears in the buying process, so they need to understand what is important to you!
  • Request the most in-depth video tour possible. In addition, having the measurements and floor plan available to you during the video tour will help you get a better feel for each room.
  • Sellers may be biased against buyers who haven’t toured in person. When it comes time to make an offer, it’s important a buyer who never toured the home in person puts their best foot forward. Choosing a local mortgage lender, confirms the loan officer or client should be easily accessible by the seller’s agent should any questions arise.