While homebuyer demand has plummeted, there are still some out there who may need to move, and either purchase or rent a home. So, much like all interaction in the age of COVID-19, home touring is moving online, using robots and going solo.
Zillow, a home listing site, said it saw a 191% increase in the creation of 3D home tours in the first weeks of March compared with the average number created in February. Even before the coronavirus, listings including a 3D Home tour were saved by users 50% more, and those homes sold on average 10% faster.
Redfin, a real estate brokerage, saw a 494% increase in requests for agent-led video home tours two weeks ago and at the beginning of last week 18.9% of tour requests from Redfin.com were video-chat tours, up from 0.2% at the beginning of March, a 94-fold increase.
At Rently, a software company that makes digital lockboxes that allow individuals to tour empty homes all on their own, demand is soaring. A renter or buyer can register with their…