Process of dealing with Internet real estate Figures will hit 70% by 2020, with only a third of the UK population seeking help through traditional methods of real estate agents.
With an increase of 5.5% from just 0% of people using the Internet to carry our house sales within the last decade in the UK, figures show that there will be a huge increase to a percentage of 50 by 2018. International e-real estate statistics Īccording to Realtors, 90% of home buyers searched online during the process of seeking a property and the percentage of consumers searching for information relating to real estate on Google has increased by 253% over the last 4 years. Some of the primary Internet real estate platforms include Zillow, Trulia, Yahoo! Real Estate, Redfin and. Internet real estate platforms surfaced around 1999 when technology advanced and statistics prove that more than 1 million homes were sold by the owners themselves in the United States alone in 2000. However, there are few exceptions where an online real estate agent would exist, still dealing via the World Wide Web and often stating a flat fee and not a commission based on the percentage of total sales. Often, Internet real estate properties are listed and managed by landlords themselves. ( Learn how and when to remove this template message)Īn electronic version of the real estate industry, Internet real estate is the concept of publishing housing estates for sale or rent online, and for consumers seeking to buy or rent properties through such platforms.
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