How many people look at real estate online? Is this market worth catering to?
Hi there,
These days many people start property searches on the Internet. A quick keyword search on Google by location will likely get you thousands of results. If you spot a property of interest on a real estate web site, you can typically view photos online and maybe even take a virtual tour.
These website give you an idea of the property’s value – http://www.plazaestates.co.uk/valuations – see what the current owner paid for the property, check the real estate taxes, get census data, school information, and even check out about local shops and market as well. Access to this database of property listings provided the most efficient way to search for properties.
Real estate has been evolving in stride with technology, and the internet has enabled prospective buyers to view and tour properties on the other side of the globe. The concept is so in demand that eBay has since added a separate section for advertising real estate globally on their site. More specific to the Greater Vancouver area, overseas buyers are attracted to the area due to its geography, its natural beauty, and its breathtaking cityscape. Also, what really attracts overseas buyers is the square-foot-per-dollar ratio. Although the value of property and the cost of living here in Vancouver are considerably higher than many other parts of Canada, prospective buyers from places like Tokyo, Tehran, and London gravitate to our wide open spaces with large, open architecture houses on large lots – something that would cost much more were they to attempt to buy locally. That’s not to say that local buyers do not also utilize the internet when looking for a new home. In fact, many people
