Available for any agent or broker website, the feature will speed up and simplify planning, which is essential especially in fast-paced markets.
- Schedules available for home visits posted in real time on broker and agent websites
- New feature improves visit scheduling efficiency in a competitive market, where ads only last 11 days
- The feature is now available in four markets, with a nationwide rollout coming later this year
CHICAGO, April 4, 2022 /PRNewswire/ — Display time unveils a new feature that displays real-time home viewing availability, dramatically speeding up the process of booking a home viewing and reducing hassle for buyers, sellers and agents.
“Back and forth conversations about tour availability and the hassle of scheduling take time and are a potential killer in today’s fast-paced marketplace,” said Michael Lane, vice president and general manager of ShowingTime. “The functionality of this new feature has long been sought after in the industry because it helps everyone involved in a transaction – buyers, sellers and agents – by clearly indicating when a home is available for viewing, making it quicker and easier to buyers in the homes they want to see.”
The feature is live in dallas, Houston, denver and Atlanta, and will roll out nationwide later this year. It will soon be available for easy inclusion on broker and agent websites around the world through the application programming interface (API) of ShowingTime, a leading technology provider to the residential real estate industry for view market management and statistics.
Real-time availability is designed to reduce agent load, especially due to the complexity of scheduling in today’s highly competitive marketplace.
By using this feature, agents know for sure when a home is available for booking and can schedule those viewings with their buyers more quickly – a key part of narrowing down the best options quickly in a market where the typical quotation lasts only 11 days before a seller accepts an offer. It will also significantly reduce the burden on listing agents to manage posting requests that conflict with blackout hours.
Interest in 3D and virtual tours has increased during the pandemic, but demand for in-person tours is also increasing. The number of markets averaging double-digit projections per ad jumped 45% year-over-year, from 75 to 109 in February, according to the latest report from ShowingTime. Index display® report.
Typical buyers interviewed by Zillow in 2020 and 2021 took three private visits, one more than the typical buyer in 2018 and 2019. And in 2021, 95% of buyers took a private visit.
Sellers also benefit. A simpler and more efficient showing-scheduling process means sellers can present their homes to more buyers who are ready to make a sale. Sellers still living in the home they are showing will also have a better understanding and control of potential viewing windows and know exactly when buyers will arrive.
On Zillow Group
Zillow Group, Inc. (NASDAQ: Z and ZG) is reinventing real estate to make it easier to open the next chapter in life. As the most visited real estate site in United StatesZillow® and its affiliates provide customers with an on-demand experience to sell, buy, rent or finance with transparency and ease.
Zillow Group affiliates and subsidiaries include Zillow®Zillow offers®Zillow Premier Agent®Zillow Home Loans™, Zillow Closing Services™, Zillow Homes, Inc., Trulia®Out East®DisplayTime®Interactive Bridge®dot loop®Street Easy® and HotPads®. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org).
ShowingTime is an industry leader in home visitation technology and a proud affiliate of Zillow Group, Inc. ShowingTime’s technology and services simplify the home visit scheduling process for home buyers, sellers and agents. ‘industry. ShowingTime products are used in hundreds of MLSs representing more than one million real estate professionals across the United States and Canada.
Barbara Wagner Communications
Barbara Wagner Communications
SOURCE Time display