Online searches are used by the vast majority of property buyers on digital sites like uses AI to aid property searches

If trends in the United States are followed in Europe, nine out of 10 buyers carry out online searches to find their home. That is according to the 2019 Real Estate in a Digital Age report from the National Association of Realtors (NAR).

And around three-quarters (75%) of buyers discover their homes on smartphones.

As you would expect, use of the internet falls with age, but six out of 10 of oldest age bracket surveyed (73-93) still uses internet to find homes frequently and another 22% occasionally. These figures rise to 92% frequently and 5% occasionally in those aged under 28.

Increasingly, properties are promoted on social media to generated high-class leads.

Online searches allow users to more easily compare and contrast homes

The NAR says, “The world we live in today is a digital one and searching for a home is no different. Buyers now have apps that let them search by location and neighborhoods.

‘Online listings have virtual tours so viewers can look at many potential homes while narrowing down their search to a select few in the effort to save time.

“Online searching maximizes the ability to compare and contrast homes on the market by selected features.”

Of course, when property investors are searching for cross-border deals in Europe, searching online on gives them major advantages.

Consorto is the first pan-European commercial proptech B2B online marketplace. We connect professional investors to commercial real estate investment opportunities.

Because we employ AI-driven deal matching and deal-flow automation, European property buyers can quickly and easily find the best commercial property investments. Our proptech wizardry matches user’s commercial property selections with profiles based upon recent searches.

Once investors have finalised their wish list of properties, Consorto links them with the sellers so they can close the deal.

This means Consorto is the perfect platform for brokers, agents and developers to add their listings and reach a global audience of potential investors.

We also have two special features for buyers and sellers – a Wanted Properties section, where buyers can list commercial property that they want to source and an off-market area for select listings.

Users can register for free on Consorto and we do not charge subscription fees. Sign up now!

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