How Internet Has Changed The Way People Search For Homes

The way people navigate through the world of real estate is constantly changing as technological advances continue to put more emphasis on speedy, user-friendly searches and instant access to market data. A recent article by Realty Times suggests that is important to not only recognize that home buyers are using technology more than ever, but home owners as well. Studies show many home owners are looking at refi rates and making mortgage payments via smart phones in addition to search on their mobile.

Some revealing statistics to consider: 90% of home buyers use the internet to kick off their search, 24% contact an agent the same day after starting their search, and 40% wait an average of 120 days. Nearly 30% of home buyers are shopping via smart phone. Over the past four years, growth in real estate related search has increased by an astonishing 253%. For more statistics see How Home Buyers Use Technology. Sotheby’s International Realty (SIR), a leader in the sale and purchase of luxury residences throughout Colorado is ahead of the pack in terms of utilizing technological advances to enhance the way their clients search for real estate. From the SIR mobile app, to YouTube channels, social media platforms and more, SIR continues to provide the utmost in technological advances and service. Download the SIR app now by scanning the QR code.