Home buying and selling went virtual during the pandemic. Can it stay that way?

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Home buying and selling went virtual during the pandemic. Can it stay that way?
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Zoom video calls and virtual walkthroughs became real estate mainstays during coronavirus, but the need for physical home tours is not likely to go away.

as well, and more quickly than homebuilders expected. Properties are selling at a faster rate compared to the same time last year, and new contracts and new listings — while lower than a year ago — are easing in their rates of decline, according to the National Association of Realtors' weekly housing market monitor.

These trends are reflected nationwide: a May survey conducted by the National Association of Realtors found that 35% of realtors are seeing sellers rely on virtual tours.chief customer officer at RE/MAX While most of the process of homebuying, from negotiating a deal to writing an offer, can be done electronically, Nick Bailey, chief customer officer at, believes the in-person walkthrough is essential. "We will continue to see almost all buyers want to step into the home to feel it," said Bailey.

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