The days of homebuyers going from one house to another, looking for the perfect fit, may be over. Real estate agents now want to bring listings to you! Bill Brown, the CEO of virtual and 3D camera company Matterport, says that millennials welcome the added convenience. “People can go and see 20 or 30 properties in the time that it’ll take them to drive and see 1 or 2 properties,” Brown said. “It makes the process that much more efficient, you don’t waste a lot of time going and walking through properties that you could’ve easily eliminated upfront.” Matterport’s technology allows homebuyers to digitally tour and explore a home they might want to move into through headsets, tablets, or other devices. The trend is catching on. Real estate firm [Redfin](https://www.redfin.com/) says that 1 in 3 people buy homes they have not seen in real life. And the number of people making offers on properties they’ve only visited virtually grew 19 percent in 2017. Millennials particularly are jumping on board. Redfin says the demographic is three times more likely than Baby Boomers to bid on a home, sight unseen. For full interview [click here](https://cheddar.com/videos/the-reality-of-real-estate).

Share:
More In Business
Stocks on Pace for Winning Session Amid Upbeat Economic Data
As the first half of the year comes to a close, a mixed market kicks off with the Nasdaq on pace for its best quarter in nearly four decades while the stock market looks to get its first positive session in seven tries as upbeat economic data comes in.
As Fuel Taxes Plummet, States Weigh Charging by the Mile
U.S. states could face some hurdles as they experiment with road usage charging programs aimed at one day replacing motor fuel taxes, which are generating less each year, in part due to fuel efficiency and the rise of electric cars.
Load More