Internet for Buyers 101

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This webinar examines the basic of Internet resources for home buyers.

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  • Internet for Buyers 101

    1. 1. AGENT MICHAEL CHALAMBAGA INTERNET RESOURCES FOR HOME BUYERS 101 CREDENTIALS LICENSED TEXAS REAL ESTATE BROKER & CERTIFIED HOME MARKETING PROFESSIONAL © Copyright 1997-2011 Michael Chalambaga All Rights Reserved
    2. 2. Internet Beginning and History Internet Real Estate Study Internet Resources Pros, Cons, & Caveats National, State, & Local Resources
    3. 3. In the Beginning Department of Defense Unit creates the :Internet: 1969 Universities & Government Agencies are first users 1974 World Wide Web Launches 1992(CERN) Switzerland
    4. 4. Internet and Real Estate Internet Home Search Nothing Short of a Revolution. Rich Home Resources Launched in 1995 at National Association of Realtors Convention with the catch phrase “ CLICK A MOUSE, BUY A HOUSE”
    5. 5. Pew Internet Statistics
    6. 6. Real Estate Statistics Home Buyer Statistics Active home search (median): 1 Number of weeks searched: 10 2 Number of homes seen: 10 First-Time vs. Repeat Buyers: 1 First-time buyers: 41% 2 Repeat buyers: 59% NATIONAL ASSOCIATION OF REALTORS STUDY
    7. 7. Real Estate Statistics Information sources used in home search: 1 Internet: 87% 2 Real estate agent: 85% 3 Yard sign: 62% 4 Open house: 48% 5 Newspaper ad: 47% 6 Home book or magazine: 30% Actions taken as result of Internet home search: 1 Drove by/viewed a home: 77% 2 Walked through a home viewed online: 63% 3 Found agent used to search/buy home: 27% NATIONAL ASSOCIATION OF REALTORS STUDY
    8. 8. Top Ten Internet Real Estate Resources by Alexa Web Information Ranking Experian Hitwise Rankings Michael’s Top Ten Company Realtor.com Realtor.com Realtor.com Zillow.com RealEstate.Yahoo.com TexasRealEstate.com Loopnet.com Zillow.com Zillow.com Remax.com ZipRealty.com ForSalebyOwner.com Century21.com Remax.com MLS.com Coldwellbanker.com Trulia.com Trulia.com Rent.com RealEstate.aol.com TexasWorkForce.com Inman.com HomeGain.com HomeGain.com Viviun.com Hud.gov Ector County Appraisal District Sotherbysrealty.com Servicemagic.com Midland County Appraisal District RANKINGS REFLECTING NOV 2008 TO JAN 2010
    9. 9. Positives, Negatives, and Caveats Positives Negatives Caveats Your Internet Search will Your Internet Search will yield significant amounts yield significant amounts Disclosure Statements of information of information Internet sites should Internet sites may not contain rich sets of home accurately reflect the Always verify with data or purchasing data whole property, terrain, a consult a professional or structure Your internet search can Internet sites may collect be anonymous or as Data Privacy is a Big requested data from your personal as you would Issue use of their resources desire
    10. 10. Questions & Open Lab Our last section of this mini course can be used as an open question and discussion session with an open laboratory to use your
    11. 11. Course: Internet Resources for Home Buyers 101 Email: michaelchalambaga@gmail.com Author: Michael Chalambaga Credentials: Licensed Texas Real Estate Broker Member National Association of Realtors Member Texas Association of Realtors Certified Home Marketing Specialist © Copyright 1997-2011 Michael Chalambaga All Rights Reserved

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