Taylor Morrison Launches Industry-First Reservation System for To-Be-Built Homes
Taylor Morrison (NYSE: TMHC) has launched a new digital configuration and reservation system, enabling customers to purchase to-be-built homes online. This innovative tool allows buyers to select floor plans, customize homes, and make reservations entirely online, enhancing the homebuying experience. Since its launch, over 130 reservations have been made, demonstrating strong market interest. Taylor Morrison emphasizes that this system is not just a response to current market conditions but reflects evolving consumer preferences in eCommerce. The company remains committed to seamless homebuying, with expansion plans for the system nationwide.
- Launch of a digital reservation system for to-be-built homes.
- Over 130 online reservations made within a short time of launch.
- System available in nearly 25 communities across 11 divisions, with nationwide expansion planned.
- More than 600 homes sold virtually since the onset of the pandemic.
- Recognition as America's Most Trusted® Home Builder for six consecutive years.
- None.
SCOTTSDALE, Ariz., June 9, 2021 /PRNewswire/ -- Consumers have almost endless possibilities when shopping online—and now they can buy a new home virtually, all from the comfort of their couch. Taylor Morrison (NYSE:TMHC), the nation's fifth largest homebuilder and developer, has made this a reality with the launch of their new digital configuration and reservation system for to-be-built homes.
"Today's consumers crave ease and simplicity, whether they're purchasing a car, groceries, or a new home online—this new tool takes the friction out of homebuying," said Taylor Morrison Chairman and CEO Sheryl Palmer. "As the first homebuilder to offer the capability to customize and purchase a new construction home digitally, Taylor Morrison continues to create an elevated shopping experience and propel our industry into the future. We recognize, however, that today's remarkably strong housing market is not without its challenges and our teams continue to navigate this environment while thoughtfully executing on our forward-thinking strategic vision."
With Taylor Morrison's new digital to-be-built reservation system, customers are guided to choose a floor plan, select a homesite using an interactive map, choose from a variety of customizable exterior elevations, then reserve the home of their dreams entirely online. This new tool also complements innovative technology the homebuilder unveiled in 2020, including countless 3D virtual tours, self-guided tours and an online shopping cart feature to reserve completed or under-construction showcase homes—which Taylor Morrison customers have secured more than 1,500 of to date.
Houston resident Kristen Milburn had been shopping for a new home for three months when she came across Taylor Morrison's digital to-be-built reservation system. After researching homes online, she used the tool to reserve her new home completely virtually for the homebuilder's Morgan's Landing community in La Porte, Texas.
"When shopping for a home, I had not seen anything like Taylor Morrison's reservation system," said Milburn, a first-time homebuyer. "The tool was really easy to use—we picked our homesite, floor plan and elevation then simply reserved everything online, all in a couple of minutes. The floor plan we ended up picking was even based on online virtual tours and photos. The new digital reservation tool and website were so informative; I loved having the chance to look online and see everything, from price to virtual tours, and all in one place."
Within just 90-minutes of the digital to-be-built configuration and reservation system launching at 10 p.m. PT, a buyer in Dallas was the first customer to secure an online reservation. Since then, more than 130 reservations have come through. The new technology is currently available to use in nearly 25 communities across 11 divisions with expansion plans nationwide. In addition, since the onset of the pandemic, more than 600 homes have been sold entirely virtually, with no physical contact with the buyer.
Despite today's hot housing market, Taylor Morrison is committed to making the homebuying process seamless. "With demand for housing as high as it is today, this kind of revolutionary technology certainly isn't needed to sell homes, nor is it a response to the challenges of doing business amidst COVID-19," said Chief Marketing and Communications Officer Stephanie McCarty. "It is simply the way consumers prefer to shop and engage with brands in today's evolving world of eCommerce. Whether it is our self-guided tour technology, our Chatbot Liv, or the launch of our online to-be-built reservation system, our eye is keenly focused on empowering consumers to take control of their homebuying experience with thoughtful digital touchpoints at every turn."
About Taylor Morrison
Taylor Morrison Home Corporation (NYSE: TMHC) is the nation's fifth largest homebuilder and developer based in Scottsdale, Arizona, that has been recognized as America's Most Trusted® Home Builder for six years running (2016-2021). Operating under a family of brands including Taylor Morrison, Darling Homes, William Lyon Signature Home and Christopher Todd Communities built by Taylor Morrison, we serve consumer groups coast to coast, from first-time to move-up, luxury and 55-plus buyers. Our unwavering pledge to sustainability, our communities and our team—outlined in the 2020 Environmental, Social and Governance (ESG) Report—extends to designing thoughtful living experiences homeowners can be proud of for generations to come.
CONTACT:
Alice Giedraitis
(480) 840-8137
agiedraitis@taylormorrison.com
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SOURCE Taylor Morrison
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