When buying a home, several factors must be considered. In addition to the number of beds, baths, areas and needs of our children, home buyers today try to better meet the needs of their pets.
In a recent NAR report, we found that 63% of American households currently have a pet and an additional 3% plan to get one in the next future, proving that pets and their effects on a home, various belongings/toys, and accommodations must be considered for a majority of households
Did you know that 43% of American households would be willing to move to better accommodate their pet(s), demonstrating that this is a priority among consumers?
Not only do pets influence certain aspects sought after in homes themselves, but also in communities: 68% of REALTORS®’ clients say that the animal policy influenced their decision to rent/buy
in a particular community.
These animal guidelines are an important aspect to consider in a home purchase, as it can include a significant added expense. The typical annual pet fee for REALTORS®’ clients in single family homes/townhouses and Condos/Co-Ops is $300, compared to $400 in rental units.
Pets also come into play when REALTORS® are advising in selling a home. The most common pet-related change members make to their seller clients is taking the animal(s) out for showings, followed by replacing anything damaged by the pet(s). 80% of REALTORS® recommend that their clients remove pets during showings when selling their home.
Find out more in NAR’s report 2020 Animal House: Pets in the Home Buying and Selling Process in this link: https://www.nar.realtor/sites/default/files/documents/2020-animal-house-pets-in-the-home-buying-and-selling-process-04-23-2020.pdf