How do Home Buyers Find Their Home?
August 21, 2012
The California Association of Realtors (C.A.R.) recently did a survey of the home buying process. They surveyed home buyers by asking "How did you find your home?" I do not know the controls that might have been used in the survey process, but it definitely showed that professional real estate agents are valuable in the home buying process.
The ssurvey showed that 80% of those surveyed attributed their finding a home to a real estate agent. 13% said that they found the home on a website. 4% found their home from seeing a sign on the property and 3% found their home at an open house. Interestingly, it seems that an insignificant number found their home from an ad in the newspaper. It seems that searching the web has overtaken searching for properties in the newspaper ads.
In the current real estate market of 2012, agents who work full time are most likely to know when a property that meets a prospects requirements comes on the market. In this super-competitive environment, having professional eyes looking for a home for you can certainly enhance your chances of finding a home. Often, by the time a property is on a wbsite it may already have offers.
The best advice for the serious buyer of 2012 is to select a compatible agent and be sure that they can reach you quickly.
The California Association of Realtors (C.A.R.) recently did a survey of the home buying process. They surveyed home buyers by asking "How did you find your home?" I do not know the controls that might have been used in the survey process, but it definitely showed that professional real estate agents are valuable in the home buying process.
The ssurvey showed that 80% of those surveyed attributed their finding a home to a real estate agent. 13% said that they found the home on a website. 4% found their home from seeing a sign on the property and 3% found their home at an open house. Interestingly, it seems that an insignificant number found their home from an ad in the newspaper. It seems that searching the web has overtaken searching for properties in the newspaper ads.
In the current real estate market of 2012, agents who work full time are most likely to know when a property that meets a prospects requirements comes on the market. In this super-competitive environment, having professional eyes looking for a home for you can certainly enhance your chances of finding a home. Often, by the time a property is on a wbsite it may already have offers.
The best advice for the serious buyer of 2012 is to select a compatible agent and be sure that they can reach you quickly.
posted by shirley harry at 8:37 AM
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