Buyers And Sellers

Leading Consumer Research On Today’s Home Buyers and Sellers

81% of buyers and sellers used a REALTOR ® 2008 National Association of Realtors Profile of Home Buyers and Sellers

41% of buyers were first-time home buyers 2008 National Association of Realtors Profile of Home Buyers and Sellers

The typical first-time buyer was 30 yrs old while the typical repeat buyer was 47 yrs old 2008 National Association of Realtors Profile of Home Buyers and Sellers

21% bought new homes, down from 23% 2008 National Association of Realtors Profile of Home Buyers and Sellers

80% said the commute was very important when considering a home 2008 National Association of Realtors Profile of Home Buyers and Sellers

2008 National Association of Realtors Profile of Home Buyers and Sellers What do buyers and sellers want from real estate agents? 48% find the right house other 3% Help financing 3% Determining how much to afford 3% Help buyer negotiate terms of sale 13% Help with paperwork 9% Determining what comps are selling for 7% Help with the price negotiations 14%

The number one trait people look for in a real estate agent? 2008 National Association of Realtors Profile of Home Buyers and Sellers One they can trust

81% of sellers favor a full service real estate brokerage 2008 National Association of Realtors Profile of Home Buyers and Sellers

81% of buyers purchased a home using a real estate agent. 2008 National Association of Realtors Profile of Home Buyers and Sellers That’s up 54% from last year!

43% of buyers found their agent through a friend or family member 2008 National Association of Realtors Profile of Home Buyers and Sellers

70% of buyers would definitely use their real estate agent again or recommend them to others 2008 National Association of Realtors Profile of Home Buyers and Sellers

85% of sellers would definitely use their real estate agent again or recommend them to others 2008 National Association of Realtors Profile of Home Buyers and Sellers

93% of home buyers financed their home purchase 2008 National Association of Realtors Profile of Home Buyers and Sellers

Nearly half of home buyers reported they have cut back on luxury items, entertainment and clothing to qualify for a mortgage 2008 National Association of Realtors Profile of Home Buyers and Sellers

One quarter of first-time home buyers reported that the mortgage approval process was more difficult than expected 2008 National Association of Realtors Profile of Home Buyers and Sellers

One fifth of home sellers traded down to a smaller and less expensive home 2008 National Association of Realtors Profile of Home Buyers and Sellers

Over half of home sellers traded up to a larger and higher priced home 2008 National Association of Realtors Profile of Home Buyers and Sellers

More than 92% of home buyers under 44 used the internet to search for a home in 2008 2008 National Association of Realtors Profile of Home Buyers and Sellers

8 out of 10 buyers 45-64 years old used the internet to search for homes 2008 National Association of Realtors Profile of Home Buyers and Sellers

In 1995, 2% of all home buyers used the internet to search for a home 2008 National Association of Realtors Profile of Home Buyers and Sellers

By 2008, 87% of all home buyers used the internet to search for a home 2008 National Association of Realtors Profile of Home Buyers and Sellers

3 out of 4 home buyers drove by or viewed a home they saw online 2008 National Association of Realtors Profile of Home Buyers and Sellers

81% of buyers said the internet was a very useful tool to search for a home 2008 National Association of Realtors Profile of Home Buyers and Sellers

Buyers cited the internet and real estate agents equally as the most useful tools when looking for a home 2008 National Association of Realtors Profile of Home Buyers and Sellers

Three times as many buyers found their home online in 2008 than they did in 2003 2008 National Association of Realtors Profile of Home Buyers and Sellers

In fact, more buyers find their new home through the internet 2008 National Association of Realtors Profile of Home Buyers and Sellers

than 2008 National Association of Realtors Profile of Home Buyers and Sellers newspaper home books direct connection with seller and yard signs combined

Over 78% of all homes use broadband 2008 National Association of Realtors Profile of Home Buyers and Sellers

There are hundreds of millions of queries on Google every day SearchEngineWatch

The first sms text was sent in 1992 http://en.wikipedia.org/wiki/Text_messaging

Today the amount of text messaging exceeds the population of the planet every day http://thefischbowl.blogspot.com/2007/06/did-you-know-20.html

The number of internet devices in 1984 1000 http://thefischbowl.blogspot.com

The number of internet devices in 2008 over 1,000,000,000 http://thefischbowl.blogspot.com

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Buyers And Sellers

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