Why Is It Harder To Buy A House Online? – How Buyers Are Affected By Melbourne’s Stage 4 Restrictions

Anyone who has bought shoes or clothes online knows that it can be extremely difficult to find the perfect size and fit. No matter how detailed the measurements are or how innovative the website makes the try-on process (some sites offer virtual reality on clothing items) there is nothing like seeing and feeling it in person.

Luckily, online stores have exchange and return policies in place so if it doesn’t fit or feel right you are able to return it…

This is very different to buying a property…

Which comes with a large price tag and is a high stakes decision as buyers may spend their whole lives in that house…

Therefore, it is no surprise that the stage 4 restrictions in Melbourne have made it incredibly hard for buyers to transact online. With inspections and auctions cancelled, virtual walk-throughs and pictures are the only methods for buyers to examine a property before they buy. Which makes it incredibly difficult to see the granular details of a property which home buyers inspect before buying. A clearance rate of 39% last weekend showed that buyers are less inclined to engage and buy properties.

For most, buying a home is a once in a lifetime endeavor and involves taking on a large mortgage for 30 years. As it is a high-ticket item, home-buyers want to make sure that they have made the right choice and that they love the way the experience and feel of their new home from little details such as the benchtop to how they incorporate their existing furniture to the new home.

If you are selling, the silver lining is that once restrictions ease and buyers are allowed walk throughs again real estate agents are predicting an extremely busy September to October. So be ready to capitalize on this opportunity and ensure that you prepare yourself with our 7 Tips to Make Buyers Fall in Love With Your Property: https://www.salebydesignhomes.com.au/blog/7-tips-to-make-buyers-fall-in-love-with-your-home.