Narrative companion: What Buyers Want - Curriculum. Web: https://concepts.rycolston.com/what-buyers-want/
Asked for by: Ry, 2026-10-04. Question: are there studies, NOT from the National Association of Realtors, on what buyers look for when they search homes online? Goal: build a property tour template around what buyers care about most.
What Buyers Want — Evidence File
Every claim below carries a confidence tag. Read the tag before you say the sentence out loud.
| Tag |
Means |
Safe to teach? |
| P |
Primary. I pulled the original page this session and read the sentence myself |
Yes — strongest |
| V |
Verified. Two independent primaries agree |
Yes |
| S |
Secondary. A reporter, a republisher or a subagent quoting it. Original not opened |
Only with a hedge |
| ? |
Unsourced. Believed true, never checked |
No. Do not say on air. |
Short answer: yes. There are at least four kinds of non-NAR evidence: (1) big national buyer surveys by Zillow (6,500+ buyers) and the National Association of Home Builders (3,000+ buyers); (2) sponsored surveys by Redfin, warranty and insurance companies (600 to 2,500 people each); (3) peer-reviewed studies of how people look at listings (eye tracking) and what listing parts move price; (4) post-purchase regret surveys.
Excluded: anything published by NAR. Realtor.com runs under a license from NAR, so its 2025 study is listed once in §9 and not used anywhere else.
Coverage: zillow.com returns 403; its 2023 buyers report was read from a Wayback snapshot (2024). Zillow's PDF reports on zillowstatic.com curl fine. The JRER eye-tracking paper was read in full from Wayback. Benefield et al. (2011) and the Homes.com 2026 survey could not be opened (Springer and rei-ink.com blocked) and stay S.
1. How buyers look at a listing online
The first photo gets looked at first, almost always P
Seiler, Madhavan & Liechty, Journal of Real Estate Research 34(2), 2012. An eye-tracking lab study: participants viewed 10 mock listings while a camera tracked their eyes.
"Overwhelmingly (95.1%), participants first look at this picture. After focusing on the photos, participants next turn to the quantitative property description section where the number of bedrooms, bathrooms, square footage, etc. is displayed."
"The sections that are viewed first are the photo of the home, the quantitative description section, distantly followed by the real estate agent remarks section."
- Source: JRER 34(2) full text, Wayback
Many viewers never read the agent remarks P
Same paper:
"In fact, over 40% of all participants (20% of homebuyers; 62% of students) do not even look at the real estate agent remarks when viewing the first page of the home tour."
The curb-appeal photo holds the eye about 2.5 times longer than any one room P
Same paper, Exhibit 3, Panel D, mean total dwell time in milliseconds (all participants):
Curb Appeal 20,052 · Kitchen 7,917 · Living Room 8,058 · M. Bedroom 7,817 · M. Bathroom 7,902 · Backyard / View 8,228
Read with care: the curb photo was the big photo on the opening page; the room photos were thumbnails. So part of the gap is page layout. The five rooms got about equal time. P (inference from the exhibit and the page design the paper describes)
Sample size caveat: a small lab study. The paper names "the 25 students"; the homebuyers were a smaller group. P
Words in the remarks still matter for the click P
Luchtenberg, Seiler & Sun, Journal of Real Estate Finance and Economics 59(4), 2019:
"we find that using only positive words has a significantly higher impact on likelihood to visit a property than a high-quality picture and the type of home."
- Source: RePEc abstract
Some "positive" remarks read as hype P
Haag, Rutherford & Thomson, JRER 18(3), 2000, "Real Estate Agent Remarks: Help or Hype?":
"Some of the positive comments, however, including "new paint" and "good location" are also associated with lower sales prices suggesting that some comments may be better classified as hype."
- Source: EconPapers
Remark text carries real price information P
Nowak & Smith, Atlanta MLS text study (working paper 2015; Journal of Applied Econometrics 2017):
"For example, houses in a gated community are 30% more expensive than houses not in a gated community."
"...there are numerous bigrams related to distressed sales and houses in need of repair such as auction terms, investor special, and sweat equity."
- Source: WVU working paper, Wayback
Floor plans decide which homes get toured P
Zillow Consumer Housing Trends Report 2023, buyers chapter (6,500+ buyers):
"While buyers continue to agree that they're more likely to view a home if the listing includes a floor plan they like (82%), they are also similarly likely to agree that the only way to really understand the layout of a home is to see it in person (81%)."
"I wasted time during my home search viewing properties that I would have skipped if I had understood their floor plan before my visit" — 52% (2023)
- Source: Zillow research page, Wayback 2024
Zillow 2025 report for agents repeats it a year later: "in 2024, 86% of buyers said they were more likely to view a home if the listing included a floor plan they liked." P — PDF
So two Zillow years agree: 82% (2023) and 86% (2024). V (same publisher, two survey waves — independent samples, not independent publishers)
Buyers want 3D tours P
Zillow 2023 buyers chapter:
"Majorities of buyers somewhat or completely agreed that 3D tours would give them a better feel for the space than static photos (72%)... they wished that more listings had 3D tours (67%)"
Meaning for a tour template: the listing gets the click with the front photo, the bed/bath/size line and the floor plan. The in-person tour is where layout is truly judged (81%). P (inference from the quotes above)
2. What features buyers rank most important
Zillow, all buyers, 2023 — the biggest non-NAR sample P
"Share of Buyers that Consider Each Home Characteristic Very or Extremely Important," 2023 column. Survey: "a nationally representative survey of more than 6,500 buyers," fielded April–July 2023; buyers = people who bought a primary home in the past two years.
| Feature |
2023 |
| Within initial budget |
84% |
| Air conditioning |
84% |
| Preferred number of bedrooms |
78% |
| Preferred number of bathrooms |
73% |
| Private outdoor space (patio, deck, yard) |
73% |
| Good potential to increase in value |
73% |
| Preferred size / square footage |
73% |
| Floor plan / layout that fit my preferences |
72% |
| Ample storage |
71% |
| Off-street parking or a garage |
71% |
| En-suite (primary) bathroom |
69% |
| Spare or guest bedroom |
68% |
| Energy efficient |
64% |
| Preferred style of kitchen |
64% |
| Preferred finishes (flooring, countertops, appliances) |
59% |
| Smart-home capabilities |
42% |
| Hot tub or pool |
40% |
Teaching point: finishes (59%) and kitchen style (64%) rank BELOW storage, layout, outdoor space and parking. Buyers say the bones and the fit matter more than the look. P
Zillow, Texas angle on air conditioning P
Zillow 2023 new-construction report:
"The overall popularity of this feature may be due, in part, to the predominance of home building in the South, especially in Florida and Texas."
- Source: PDF
Zillow, new-construction buyers, 2024 P
"Affordability, air conditioning, and energy efficiency topped the wish list, followed closely by a preferred layout and a primary bathroom."
Table: "Has air conditioning 89% · Was energy efficient 86% · Had a floor plan / layout that fit my preferences 84% · Had an en-suite or primary bathroom 84%"
"About two in five (43%) say the prospect of a turn-key home that didn't need repairs or updates was their number one reason for buying a newly built home."
- Source: PDF (survey of more than 2,500 new-construction buyers)
Caveat: new-construction buyers only. Do not quote these as "all buyers."
NAHB, What Home Buyers Really Want, 2024 edition P
National Association of Home Builders. "...based on a national survey of more than 3,000 recent and prospective home buyers."
"The most wanted list consists of 13 features rated essential or desirable by at least 80% of all home buyers in the study (Fig. 1). In addition to the laundry room and a patio, both wanted by 86% of buyers, the list also includes: Three additional outdoor features: exterior lighting (82%), a front porch (81%), and landscaping (80%). Two in the kitchen: table space for eating (80%) and a walk-in pantry (80%). Two related to energy-efficiency: ENERGY STAR windows (83%) and appliances (80%). Plus, ceiling fans (81%), garage storage (81%), hardwood for the main level (81%), and a full bath on the main level of the home (80%)."
- Source: NAHB Eye on Housing, 2024-04-03
Caveat: NAHB is the builders' trade group. "Essential or desirable" is a soft bar; "wanted" here is not "must have."
NAHB 2021 — what buyers do NOT want P
"At least 40% of home buyers 'do not want' 10 of the 200+ features listed... At the top of this list are an elevator, glass wall(s), a daycare center in the community, a wine cellar, and a pet washing station." (Elevator 56%, Glass wall(s) 54%)
- Source: NAHB special study PDF, March 2021
Outdoor space and AC lead the non-negotiables P
2-10 Home Buyers Warranty survey, February 2026, "1,004 homebuyers and homeowners":
"In fact, outdoor space leads the pack of must-have non-negotiables for 56% of survey respondents on the market, followed by central air conditioning (54%), a quiet neighborhood (50%), natural light (43%), and a garage (38%)."
- Source: 2-10.com, 2026-06-18
Outdoor space ranks near the top in Zillow (73%), NAHB (patio 86%) and 2-10 (56%); AC in Zillow (84%) and 2-10 (54%). V
Outdoor features are the top "must-haves" in a third survey P
Clever Offers, 2025, "surveyed 1,000 Americans":
"The most common "must-have" features in a home are a fenced-in yard (46%), a back patio (45%), and a front porch (44%)."
"Over three-quarters of respondents (76%) would prefer a low-maintenance home over a high-end dream home that is harder to maintain."
- Source: cleveroffers.com
Layout and natural light S
Apartment Therapy 2024 State of Homebuying survey, as reported by Real Estate News:
"...with 80% of them paying attention to a home's layout and 68% seeking natural light."
- Source: Real Estate News, 2024-09-19 — I read the reporter's page, not Apartment Therapy's report. Hence S.
Natural light in the kitchen S
Homes.com (CoStar) new-construction survey, 2026, via a helper reading rei-ink.com: "In the kitchen, natural light was important to 85% of buyers"; "A private backyard ranked first at 51%." The page returned 403 to this session.
Location and safety outrank the house P
Redfin survey by Ipsos, May 2025, "1,224 respondents who are planning to buy a home within the next 12 months":
"Still, personal safety is the top non-negotiable for homebuyers, with 78% calling it a "must have." It's followed by two other safety-related location features: a low rate of crime, which 74% consider a must-have, and a low risk of natural disaster, which 68% have on their list of non-negotiables."
- Source: redfin.com/news, 2025-08-13
2-10, 2026 (661 respondents): "The surrounding neighborhood carries the most weight, with 71% of homebuyers surveyed identifying it as a primary dealmaker when evaluating properties." P — 2-10.com
Redfin's "clean home" is about air and water filters, not tidiness P
Redfin/Ipsos, May 2026:
"36% of U.S. residents who plan to move within the next year say a clean home with high-end filtration systems for air, water, etc. is one of the most important features..."
"...security systems (38% rank that a top-three priority, statistically equal to the 36% for clean homes), out of a list of 22 features."
- Source: redfin.com/news, 2026-07-21
Do not quote as "buyers want a clean house." A helper summarized it that way. The page defines it as filtration.
3. The most important room
The kitchen, then the living room P
2-10 Home Buyers Warranty, 2026 (661 respondents):
"As far as rooms go, the kitchen reigns supreme as the most important room in the home, with 41% of buyers prioritizing this space above all others. The living or family room follows closely behind at 38%, while bedrooms rank third at 12%."
"...58% still prefer open floorplan homes to those with more closed-off, segmented rooms."
- Source: 2-10.com
What buyers like inside the kitchen P
Opendoor 2023 Home Decor Report:
"Buyers find updated kitchen appliances (23%), a kitchen island (21%), and quartz countertops in the kitchen or bath (15%) to be the most desirable home elements."
- Source: opendoor.com
NAHB 2024 adds kitchen table space (80%) and a walk-in pantry (80%). P (§2)
Tension to teach: the kitchen is the "most important room" (2-10), yet "preferred style of kitchen" is only 64% "very important" in Zillow — below storage and layout. Read: buyers care about how the kitchen works and fits, more than its style. P (inference from two primaries)
4. What kills a home on the tour
Smell, floors, walls, road noise P
2-10, February 2026 (1,004 respondents):
"49% of current homebuyers and homeowners surveyed have walked away from a home immediately after seeing a minor issue. Some of the top immediate turnoffs in a home include: Mold smell (89%) Uneven floors (77%) Smell of smoke (73%) Crooked walls (73%) Location on a busy road (63%)"
"25% said that they take 10 minutes or fewer on a tour to decide if a home is a fit."
"75% say fear of costly repairs stops them from otherwise buying a home that fits their needs."
- Source: 2-10.com
The agent and the seller can kill it too P
Same page:
"59% of those surveyed have walked away from a home due to bad impressions from the realtor, and 58% have done the same due to bad impressions from the seller."
Dirt is the top instant turnoff P
2-10, 2026 (661 respondents):
"Dirt and cleanliness issues top the list of dealbreakers, cited by 44% of homebuyers surveyed as an instant turnoff. Lack of storage space concerns 14% of respondents, while maintenance issues and evidence of smoking each deter 13% and 12% of potential purchasers, respectively. Floorplan concerns round out the major dealbreakers at 7%"
Damage history, neighbors, flood risk P
Clever Offers 2025:
"The three most common dealbreakers for a potential dream home are a property with a history of damage (24%) — such as foundation issues, a fire, or water issues — a property with bad neighbors (24%), or a property in a flood zone or wildfire-prone area (24%)."
Buyers forgive cosmetics, not repairs P
2-10, February 2026:
"Negotiable home traits include age of home (43%), cosmetic defects (41%), and the overall size (36%). Necessary repairs, however, are more dealbreakers than negotiable"
5. What buyers miss on the tour and regret later
Buyers under-rate the bones while shopping P
Clever Real Estate, American Home Buyer Report 2025, "nearly 1,000 Americans who have bought a home since 2023":
"61% of buyers say it wasn't important for a home to have a strong foundation, while 63% say the same about a new roof. What's more, buyers were more inclined to say an updated kitchen (33%) was important to them than new plumbing (30%) and electrical wiring (28%)."
"About 30% think the seller was not upfront about aspects of the home, and 44% say they discovered problems after moving in that weren't previously disclosed."
- Source: listwithclever.com
Then the bones are what goes wrong P
American Home Shield, February 2026, "surveyed 1,004 homeowners":
"...by far the most common problem of new homeownership is needing to replace appliances, which 43% marked as an issue encountered in their first year. Pests (21%), roof problems (19%), leaks (18%) affected about 1 in 5 homeowners as well. Eighteen percent had the unfortunate pleasure of their HVAC system dying"
"Over 1 in 5 (22%) said their inspector missed major issues. The most-missed issues for the homeowners we surveyed include roof problems (20%), foundation issues (17%), and leaks (16%)."
"Nearly 2 in 5 (38%) respondents found this in their homes" (shortcuts in prior repairs)
- Source: ahs.com
Top regret: maintenance and hidden costs P
Bankrate / YouGov, April 2025, 2,487 U.S. adults (1,363 homeowners):
"Among those homeowners who have regrets, over 2 in 5 (42%) say that maintenance and other hidden costs of homeownership were more expensive than expected."
"...buying too small of a house (21%) was the second most common regret... buying a house in a bad location (14%), buying too big of a house (11%)"
- Source: Bankrate press release PDF, 2025-05-14
Giving up wanted features is a top regret P
Hippo 2024 Housepower Report, "over 2,000 U.S. homeowners":
"The most common remorse among homeowners? Letting go of the features they really wanted. Nearly half (42%) of homeowners identified this as a regret"
- Source: hippo.com
Meaning for a tour template: buyers walk in looking at finishes and kitchens; they regret roofs, foundations, leaks, HVAC, appliances and size. An agent who points at the bones on the tour covers the gap. P (inference from §5 primaries)
6. Photos, virtual tours and price (for listing side context)
More photos: higher price, longer market time S
Benefield, Cain & Johnson, JREFE 43(3), 2011 (helper read the Springer abstract; this session's fetch got a stub):
"Overall, the results suggest that additional photographs increase price, while simultaneously lengthening property marketing duration, ceteris paribus."
A better-looking home is worth more P
Glaeser, Kincaid & Naik, NBER w25174, 2018:
"a one standard deviation improvement in the appearance of a home in Boston is associated with a .16 log point increase in the home's value, or about $68,000 at the sample mean."
- Source: NBER
Virtual tours: the evidence is mixed P
- NBER w33204 (2024): "virtual tours increase property sale prices by an average of 1%. However, the effect has declined over time, particularly post-COVID" — NBER
- Zhang & Troncoso, HBS working paper 24-003 (2023), 75,178 Los Angeles sales: "VTs do not significantly increase sale prices and slightly increase time on the market" — HBS PDF
- Anderson, Freybote & Manis, JREFE 68(2), 2024, 34,359 sales: "The use of virtual tours has no effect on the sales prices of vacant homes." (they do help occupied homes) — RePEc
- Yan, Meng & Tan, Information Systems Research 36(2), 2025: "VR is an "efficiency enhancer," accelerating properties' time-on-market rather than increasing properties' selling price" — RePEc. UT Dallas news page: "shortens the number of days a house is listed for sale on average from 34 days to 19 days" — UTD
Do not say "virtual tours raise price." Say: buyers say they want them (Zillow 72%); the price effect is small, fading, or zero depending on the study. V
7. Who paid for each study — read before quoting
| Study |
Who |
Sample |
Kind |
| Zillow CHTR 2023, buyers |
Zillow Group Population Science |
6,500+ recent buyers |
Nationally representative survey |
| Zillow CHTR 2024, new construction |
Zillow |
2,500+ new-construction buyers |
Same, NC only |
| NAHB What Home Buyers Really Want 2024 |
Home builders' trade group |
3,000+ recent and prospective buyers |
National survey |
| Redfin / Ipsos 2025, 2026 |
Redfin, fielded by Ipsos |
~1,000–1,224 planning to buy/move |
Online panel |
| 2-10 Home Buyers Warranty 2026 (two surveys) |
Home warranty company |
1,004 and 661 |
Online survey |
| American Home Shield 2026 |
Home warranty company |
1,004 homeowners |
Online survey |
| Clever Real Estate 2025; Clever Offers 2025 |
Agent-referral company |
~1,000 each |
Online survey |
| Bankrate / YouGov 2025 |
Bankrate |
1,363 homeowners |
YouGov non-probability panel |
| Hippo Housepower 2024 |
Home insurer |
2,000+ homeowners |
Online survey |
| Seiler et al. 2012 |
Academic, peer-reviewed |
Small lab sample (25 students + homebuyers) |
Eye tracking |
| Academic price studies (§6) |
Academic |
34,000–75,000 sales each |
Transaction data |
Rule of thumb: Zillow and NAHB are the strongest for "what buyers rank." The warranty, insurer and referral-company surveys sell a product tied to the answer (repairs, warranties, agents). Use them for direction, and say who ran them. P (each sample size read on its own page this session)
8. A tour order built from this evidence
This is an inference, not a study. Each stop names the evidence behind it.
- Arrival and street — first impression; busy road is a 63% turnoff; neighborhood is a 71% dealmaker; safety a 78% must-have. (§1, §2, §4)
- Front door sniff and look — mold smell 89%, smoke 73% instant turnoffs; dirt the top dealbreaker (44%). (§4)
- Layout walk — 72% rank layout very important; 81% say layout is only understood in person; 58% prefer open plans; natural light 43% non-negotiable. (§1, §2, §3)
- Kitchen — most important room (41%); table space and walk-in pantry 80% wanted; appliances are the #1 first-year problem (43%). (§2, §3, §5)
- Living / family room — second most important room (38%). (§3)
- Bedrooms and baths — bedroom count 78%, bath count 73%, en-suite 69%. (§2)
- Storage, laundry, garage — storage 71%, parking/garage 71%, laundry room 86% wanted, garage storage 81%. (§2)
- Outdoor space — 73% very important; top non-negotiable at 56%; fenced yard top must-have at 46%. (§2)
- The bones — AC (84%, Texas), roof, foundation, leaks, HVAC age. Buyers under-rate these (61% said foundation not important) but these are what inspectors miss and what owners regret. (§2, §5)
- The fit check — "too small" is the #2 regret (21%); giving up wanted features is a top regret (42%). Ask the buyer to score it against their list before leaving. (§5)
9. Excluded / flagged
- Realtor.com 2025 Consumer Attitudes & Usage Study — NAR-licensed. Helper read a press copy: post-purchase regrets "unexpected home maintenance (16%), higher than anticipated household costs (15%), and drained savings accounts (14%)." S. Not used above.
- Williams Homes 2026 builder survey (kitchen island 60%) — seen only via Yahoo. S, not used.
- John Burns, 55+ buyers: "63% of Mature Singles and Couples... would not live in a home without a laundry room." Helper-read, not re-fetched. S
10. Open threads
- NAHB's 2024 "most unwanted" list is behind the paid report; the free 2021 list is used.
- No Texas- or DFW-only buyer feature survey was found. Texas A&M Real Estate Research Center was searched by a helper; nothing usable. S
- The Apartment Therapy 2024 report itself was not opened.