A study revealed that one in five potential homebuyers spend less than 20 minutes viewing a property before making an offer. This rush decision-making process can lead to buyers overlooking crucial details such as the condition of the boiler, water pressure, or signs of damage and damp.
To address this issue, a trial conducted in Ruislip introduced new eye-tracking software to help buyers avoid common pitfalls associated with quick decisions. The trial participants were given a full tour of the house, yet they showed little interest in essential components like flooring, the roof, or the ceiling. Surprisingly, they spent minimal time inspecting radiators, a crucial part of a home’s heating system.
Research from Zoopla involving 2,000 homebuyers who attended house viewings in the past five years found that only half of them checked the boiler, while a significant percentage failed to inspect for damp or condensation. This lack of thorough inspection can result in unforeseen issues and expenses for buyers down the line.
Daniel Copley, a consumer expert at Zoopla, emphasised the importance of utilising cutting-edge technology to understand buyers’ behavioural habits during property viewings. He highlighted the significance of inspecting all elements of a property to avoid potential challenges and financial implications in the future.
Zoopla offers a variety of online tools, including filters, to assist buyers in narrowing down their property search and focusing on relevant listings. Lily Mace, a senior sales consultant at Coopers Residential, expressed enthusiasm for collaborating with Zoopla to enhance the homebuying and selling experience for clients.
In conclusion, taking the time to thoroughly inspect a property before making an offer is crucial in ensuring a successful and satisfying homebuying experience. By leveraging innovative technologies and being mindful of essential details, buyers can make informed decisions and avoid potential pitfalls in the long run. Remember, buying a home is a significant investment, and conducting a comprehensive inspection can save both time and money in the future.
