1 in 5 Buyers Make Offer Without Seeing Home
September 21, 2015
Twenty-one percent of more than 2,100 home buyers recently surveyed by real estate brokerage Redfin say they made an offer on a house without seeing it in person.
Read more: Buyers Leverage More Tech in Home Searches
"That's a testament to the proliferation of online listings, mobile real estate apps, and cool things like 3D scans that take you inside and through every room of a home for sale online," according to a blog on SurveyMonkey, a surveying firm that conducted the survey on behalf of Redfin.
Millennials were the age group to be most likely to make an offer without seeing the house in person first at 30 percent. What's more, 53 percent of buyers who paid more than $750,000 for their home made offers without seeing the house first.
Source: Redfin and "4 Real Estate Trends That Show a Changing Industry," SurveyMonkey Blog (Sept. 15, 2015)
Updated: February 14, 2020