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Home Buyer Statistics
Method of Home Purchase, By Use of Internet:
Agent/Broker – 81%
Direct from Builder – 10%
Direct from owner whom buyer didn’t know – 5%
Actions taken as result of using Internet site:
Drove by/viewed a home – 74%
Walked through a home viewed online- 61%
Found agent used to search/buy home – 23%
Active home search (median):
Number of Weeks Searched – 8
Number of Homes seen – 9
Buyer’s Prior Living Arrangement:
Owned previous residence- 49%
Rented an apartment or house – 38%
Lived with parents, relatives or friends- 9%
Buyers use the following informational sources in the following proportions
Realtor Contact 85%
Internet 80%
For Sale Sign / Flyer Box 63%
Newspaper 55%
Open House 47%
Home Book / Magazine 34%
Builders 26%
Television 11%
Relocation Company 5%
For Sale By Owner (FSBO) Methods Used to Market Home
Friends/neighbors 53%
Yard Sign 51%
Newspaper Ad 31%
Open House 29%
Listing on the Internet 22%

Statistics compiled by NAR The Voice Of Real Estate