A Third Of Buyers Rely Solely On Video Technology For Real Estate Purchases

Dated: 09/07/2017

Views: 158


According to the latest Redfin Statistic, “Buyers are increasingly relying on video usage in real estate marketing, making 1 in 3 purchases sight-unseen.” Low inventory and rising prices in Central Florida have likely fueled this trend, but regardless of market conditions the use of video has many advantages--particularly for long distance buyers. Advanced technology also allows interested buyers an opportunity to get a live tour of the property using smartphone features and apps like Facetime, Facebook Live, and Periscope.


“Live video tours have been a great addition to my business”, says Nikki Rittenberry, a Central Florida Realtor and Certified Staging Professional. “It allows me to interact with buyers. They can see the property in real time which makes it easier to answer any questions that may come up during the tour. It also gives the buyer access to areas of the home they wouldn’t ordinarily see in traditional photography or virtual tours.”



Local buyers are taking advantage of this technology as well.


“People are busy”, Nikki Rittenberry adds. “Many buyers have the need and desire to purchase a home, but lack the time it can often take to visit multiple properties. Working with an agent that’s willing to engage with them in this way alleviates the hassle of freeing up large blocks of time they simply may not have. Valuable time isn't wasted on coordinating schedules or commuting from house to house. Buyers can literally be on their lunch breaks, tune in for a live tour, and have an offer submitted by day's end."


And in a fast-paced market like we're currently experiencing here in Central Florida, a buyer's success often hinges on the ability to make a decision quickly.

Image title



Sources: https://www.inman.com, https://blog.propertiesonline.com/, Nikki Rittenberry

Nikki Rittenberry is a REALTOR and CERTIFIED STAGING PROFESSIONAL ELITE AGENT with Preferred Real Estate Brokers.


Want to Advertise on this Site?

Latest Blog Posts

Its Official Lennar CalAtlantic Merge

It’s Official: Lennar, CalAtlantic Merge DAILY REAL ESTATE NEWS | WEDNESDAY, FEBRUARY 14, 2018 Homebuilding giant Lennar Corp. announced it has completed a merger with former rival CalAtlantic

Read More

5 Razones Para Querer Utilizar Un Profesional En Bienes Races Infografa

5 Razones para querer utilizar un profesional en bienes raíces [infograf]

Read More

Airbnb Income Counts Toward Refinancing

Airbnb Income Counts Toward Refinancing DAILY REAL ESTATE NEWS | MONDAY, FEBRUARY 12, 2018 With the backing of Fannie Mae, home-sharing giant Airbnb has announced a new partnership with select

Read More

Immigration Concerns Rattle Some Real Estate Moves

Immigration Concerns Rattle Some Real Estate Moves DAILY REAL ESTATE NEWS | THURSDAY, FEBRUARY 08, 2018 Heightened concerns over the nation’s immigration policies and proposals caused some U.S.

Read More