Where Real estate Buyers come from; where they start their home search

According to the National Association of Realtors, buyers first learned about the home they purchased through the following sources:

41% through a Real Estate Broker

16% via a Yard Sign

11% Internet

11% Other

7% Friend or relative

7% Newspaper or Magazine

7% Builders

However, 71% of all home buyers used the Internet during their home search ( up from 41% in 2001), but only 11% first learned about the home they purchased on the Internet.

90% of Internet searchers used a real estate broker to assist them in their transaction.

47% of buyers and 62% of sellers responded that reputation was the most important factor in choosing a broker.

The information contained herein is deemed to be reliable, but is not guaranteed.  Statistics are based on a NAR questionnaire of 45K consumers nationwide.

Blog by Jason Brewer