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Tech Usage of the Homebuyers During Research Process.

One of the greatest needs of human beings is undoubtedly housing. This shelter adventure, which starts with caves and nomadic tents from caves and nomadic tents, continues with options such as apartments, residences, villas, and personalized garden properties. In this process, the concept of property, one of the essential elements of “Housing” and the home research process, is one of the most significant problems of modern humanity.

There have been many changes in the home research process from the past to the present. Likewise, as media systems diversified and evolved, the home research process and the use of these media systems have changed and developed. In this blog article, we will explain the difference between the ways of using people who buy a home and the sharp distinction in home research processes through generations. We hope you will enjoy reading our blog.

We know it’s a bit strange question. But no matter how odd the question is:

-How old are people buying a house?

-What sources do they use first when buying a home?

-What are the primary information sources?

-Which devices do they use?

Like these questions, possibly many other questions confuse our minds in this case. But finally, we have reached the beautiful reports that we think would answer these questions. And it was necessary to share this data with you.

In the following parts of our article, we will find the answers to these questions together. If the answers we will find do not satisfy you, you can send us other questions, requests and suggestions from the contact section of our site.

What is the age distribution of people buying houses?

24 %of the people buying houses consist of the X-generation ages of 42-56. And 23 %of the 57-66 years of age, the older part of the X generation.

Another information shows that 18 %and 14 % share, and finally, the Z generation. But the 5 %share of the Z generation is also excites us.

As a result, everyone is attending this home buying research process to buy a house according to their income situation to cover their housing requirements with all generations included. And all of these generations use the internet in some of the processes of buying houses. So, for example, if you can read this article right now, you are using the internet.

So what happens to the first step in buying a house?

We have good information about this; let’s look at our data and interpret it.

43 %of all users are first looking for the house they are looking for online. 18 % related to real estate consultants, and the other 9 % is researching the internet on the internet. So if you are reading this article right now, don’t worry; you are at the correct address. When we look at the difference between the generations, we see that 65 % of X and Y generations use the internet for home research and online listed properties. Since elderly generations trust in old methods, we see that primarily contact with real estate consultants or banks. As a result, even if there are similar sources for all people, generation difference changes the priority order to resort to resources.

Which information sources do we use?

We use many resources within the possibilities. But the information with the developing technology is now in our palms. To explore the world, we don’t have to be “Christopher Columbus”. With a Google search, we can access a lot of information. In this case, looking at the preferred information sources and devices is necessary.

Real estate consultants are the first place in the information sources we use most for the property we are looking for during the home research process. However, 76 %also use mobile and tablet devices. The number of people who visit empty houses with 53 %and 41 %rates and examining rental house posters is relatively high. And 41 %online video sites. So, of course, in the frequency of use, real estate consultants and mobile/tablet devices are in the first place.

Which devices do we especially prefer on devices?

The use of devices between generations is another element in digital transformation. So, what instruments do people prefer to use? We are sure that new generation devices will create a big denominator in the future. Especially with the spread of virtual tour preferences, it will probably be history in the future in all these devices. But the current distribution is seen in the following graph.

When we examine the data in the graph, we view that generation Y uses mainly mobile devices (65%and 70%) for real estate research, and the generation of X, and after the generation of X, and later, uses desktops and laptops. (70-75%)

People pay attention to many things while performing this research. In other words, when we investigate a house, what information we see is especially valuable. So let’s take a look at him briefly.

The most crucial component of a real estate listing website is the photos of that property and detailed information about real estate. But it is necessary to consider the other information people are interested. For example, they were sharing floor plans to increase people’s trust, sharing real estate consultant contact information and providing virtual tour opportunities to ensure that the buyer convinces the properties accountability faster. Therefore, it minimizes the effort of real estate companies and consultants.

And as the last word:

People find the house they are looking for by 51 % on the internet, utilizing 28 % of those people find their properties using real estate consultant services. The ratio of other options is relatively low. So, of course, it is necessary to give the following advice to the companies and real estate consultants who list online. First, be honest with the information you share because people’s trust is higher than in the past. Do not waste time, and do not waste time with other people researching the house. And be transparent and honest about the information you provide.

We say “Good Luck” to everyone researching a house from 7 to 70. Although you have many options, we will not forget to compile good articles about what you need to pay attention to when buying a house and share it in our other blog posts in the future. If you have questions if you have a real estate search, and if you have advice, do not hesitate to contact us. Until you meet in our next article, all of you stay healthy and happy.

References: Research Report – Real Estate in a Digital Age https://www.nar.realtor/research-and-statistics/research-reports/real-estate-in-a-digital-age

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