Decades ago, homebuyers would often spend several long weekends touring home after home in person before they found their perfect house. Today, many homebuyers start their search online. By shopping online, you can look at photos of most rooms of the home, and you may even be able to take a virtual tour of some houses. This minimizes the need to tour so many homes in person.
How many homes does the average homebuyer tour in today’s virtual shopping environment? On average, eight homes are toured before an offer is made. This includes both virtual tours and live tours. However, there is considerable variation in the actual number of homes toured. In fact, because of how much information is available online, some homebuyers may only tour one home in person before making an offer. After all, it may be easy to rule out many homes from your search based on listing photos and virtual tours.
Are you wondering how many homes you should tour before you make an offer? The reality is that some people will find their perfect home on the first live tour. With this in mind, there is not a magic number of homes that you should tour before you decide. You should tour as many homes as you need to in order to find a home that is ideal for you and your family. If you narrow down the options through online research, you may find that your magic number lies somewhere between five and 10 homes. However, if you need to tour 20 homes or more, this is fine as well. The bottom line is that you should not settle for a home that does not live up to your expectations.
At MortgageDepot, we are available to assist with your efforts. Through a mortgage prequalification, you will learn about the maximum loan amount that you qualify for. This will help you to narrow down the scope of your home search. Contact us today to get prequalified for your mortgage.
Connect with one of our loan consultants to learn more.