Most Homebuyers Made Offers Site-Unseen in 2020, According to Redfin

2021-01-16T22:05:45-05:00February 1st, 2021|Categories: Investment, Investment Properties, Selling|Tags: , , , , , , |

House flippers, you may receive an increasing number of offers on your properties from out-of-state buyers. A record 63 percent of homebuyers made offers on a property last year without actually seeing them in person, Redfin reports. That’s an increase of 31 percent over November 2019. Redfin surveyed over 1,900 homebuyers across 32 major markets during the months of November and December, and in mid-January, said sight-unseen offers have never been more popular since it first began collecting data of this nature five years ago. The surge is due to an increase in virtual home tours as a result of