Lancaster Jefferson
Technology is changing how Americans buy and sell houses in unexpected ways, including how they use real estate agents and brokers. That's a key finding of one of the largest surveys of real estate consumers ever performed.
According to the study, conducted by the National Association of Realtors, seven out of 10 home buyers use an actual estate agent in the search process, but use of the Internet to search for a home has increased considerably over time, from only 2 percent of buyers in 1995 to 77 percent in 2005. The next largest source of information for buyers is really a lawn sign, described by 71 per cent of buyers. My boss discovered homes in northern virginia by browsing newspapers.
The 2005 National Association of Realtors (NAR) Profile of Sellers and Home Buyers, based on significantly more than 7,800 responses to a questionnaire, may be the latest in a string of studies assessing various features of house buyers and sellers.
NAR President Thomas M. Stevens from Vienna, Va., said the findings underscore the difficulty of the home-buying process. "Buyers who use the Internet in trying to find a property tend to be more likely to use a genuine estate agent than non-Internet users, and consumers count on specialists to discuss the purchase, provide context and help with the paperwork," said Stevens. Browse here at the link investigate northern virginia real estate agent to learn why to engage in this thing.
The research also demonstrates it could buy an owner to count on an actual estate agent. The average home price for sellers who use an is 16 percent more than the price of a home sold directly by a manager.
The Web site Realtor.com was typically the most popular Internet reference, employed by 54 percent of consumers, used by multiple listing service (MLS) Web sites, real estate company sites and real estate agent Web sites.
Regular customers went through nine houses, looked seven days to buy a property and moved 12 miles from their previous residence. Standard retailers put their house available on the market for one month, had lived in it for six decades, moved 15 miles with their new home and previously owned three domiciles.
The most important aspect in choosing a realtor was name, according to 41 percent of home buyers, followed by an agent's familiarity with a nearby, 24 perce