As an accredited buyers representative (ABR), I receive a weekly email with useful information from Rebac, the association that manages the accreditation. Here is something from the latest email.
This taken from the National Association of Realtors annual survey of home sellers and buyers and was published in November 2008. The REBAC links was to a Realty Times article by Bob Hunt.
"The most useful information for sellers and their agents is to be found in the section on the home search process. While the survey results are not significantly different from those of recent years, the trends continue. For example, this year 69 percent of buyers said that they used the Internet frequently during the search process, up from 60% last year. In 2003 that number was 42%.
Thirty-three per cent of buyers went to the internet as the first step in the home search process. 17 % contacted a real estate agent first, and 9% began by driving through neighborhoods looking for homes for sale.
Buyers use multiple sources of information in the process of looking for a home. Far and away the most used sources are the Internet (87%) and real estate agents (85%). What is the third most used information source? Yard signs (62%)."
Ready to buy or sell a home in Hampton Roads, Norfolk, Virginia Beach, Chesapeake, Portsmouth or Suffolk? Call me or USE THE INTERNET! :-)
I look forward to hearing from you!
