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2008  National Association of Realtors Profile of  Home Buyers and Sellers 2008 National Association of Realtors Profile of Home Buyers and Sellers
81% Of Buyers And Sellers Used A REALTOR ®
41%   Of Buyers Were  First-time Home Buyers
The Typical First-time Buyer  Was  30  Yrs Old  While The Typical Repeat Buyer  Was  47  Yrs Old
21%  Bought New Homes,  Down From  23%
80%  Said The Commute  Was Very Important  When Considering A Home 2008 National Association of Realtors Profile of Home Buyers and Sellers
What Do Buyers And Sellers Want From Real Estate Agents? 48%   Find the  right house Other  3% Help Financing  3% Determining how much to afford  3% Help Buyer Negotiate Terms Of Sale  13% Help With Paperwork  9% Determining What Comps Are Selling For  7% Help With The Price Negotiations  14%
The Number One Trait People Look For In  A Real Estate Agent?  One They Can  Trust
81%  Of Sellers Favor A Full Service  Real Estate Brokerage 2008 National Association of Realtors Profile of Home Buyers and Sellers
81%  Of Buyers Purchased A Home Using  A Real Estate Agent 2008 National Association of Realtors Profile of Home Buyers and Sellers That’s Up  54%  From Last Year!
43%  Of Buyers Found Their Agent Through A Friend Or Family Member 2008 National Association of Realtors Profile of Home Buyers and Sellers
70%  Of  Buyers Would Definitely Use  Their Real Estate Agent Again Or Recommend Them To Others 2008 National Association of Realtors Profile of Home Buyers and Sellers
85%  Of  Sellers Would Definitely Use  Their Real Estate Agent Again Or Recommend Them To Others 2008 National Association of Realtors Profile of Home Buyers and Sellers
93%  Of Home Buyers Financed Their  Home Purchase 2008 National Association of Realtors Profile of Home Buyers and Sellers
Nearly Half  Of Home Buyers Reported They Have Cut Back On Luxury Items, Entertainment And Clothing To  Qualify For A Mortgage 2008 National Association of Realtors Profile of Home Buyers and Sellers
One Quarter  Of  First-time Home Buyers Reported  That The Mortgage Approval Process Was More Difficult Than Expected 2008 National Association of Realtors Profile of Home Buyers and Sellers
One Fifth  Of Home Sellers Traded Down To A Smaller And Less Expensive Home 2008 National Association of Realtors Profile of Home Buyers and Sellers
Over Half  Of Home Sellers Traded Up To A Larger And  Higher Priced Home 2008 National Association of Realtors Profile of Home Buyers and Sellers
More Than  92%  Of  Home Buyers Under  44   Used The Internet To Search  For A Home In 2008 2008 National Association of Realtors Profile of Home Buyers and Sellers
8  Out Of  10  Buyers  45-64  Years Old  Used The Internet To  Search For Homes 2008 National Association of Realtors Profile of Home Buyers and Sellers
In 1995,  2%  Of  All Home Buyers  Used The Internet To Search  For A Home 2008 National Association of Realtors Profile of Home Buyers and Sellers
By 2008,  87%  Of  All Home Buyers  Used The Internet To Search  For A Home 2008 National Association of Realtors Profile of Home Buyers and Sellers
3  Out Of  4  Home Buyers  Drove By Or Viewed A Home  They Saw  Online 2008 National Association of Realtors Profile of Home Buyers and Sellers
81%  Of Buyers Said  The Internet Was A  Very Useful  Tool To Search  For A Home 2008 National Association of Realtors Profile of Home Buyers and Sellers
Buyers Cited  The Internet & Real Estate Agents  Equally   As The Most Useful Tools When Looking For A Home 2008 National Association of Realtors Profile of Home Buyers and Sellers
Three Times  As Many Buyers Found Their Home Online In 2008 Than They Did In 2003 2008 National Association of Realtors Profile of Home Buyers and Sellers
In Fact, More Buyers Find  Their New Home  Through  The Internet 2008 National Association of Realtors Profile of Home Buyers and Sellers
Than 2008 National Association of Realtors Profile of Home Buyers and Sellers Newspaper, Home Books, Direct Connection With Seller And Yard Signs Combined
Over  78%  Of All Homes  Use Broadband 2008 National Association of Realtors Profile of Home Buyers and Sellers
There Are  Hundreds Of Millions   Of Queries On Google  Every Day SearchEngineWatch
The First SMS Text Was Sent In   1992 http://en.wikipedia.org/wiki/Text_messaging
Today, The Amount Of  Text Messaging Exceeds   The Population Of The Planet Every Day http://thefischbowl.blogspot.com/2007/06/did-you-know-20.html
The Number Of Internet Devices  In 1984  1000 http://thefischbowl.blogspot.com
The Number Of Internet Devices  In 2008  Over  1,000,000,000 http://thefischbowl.blogspot.com
Change Is  Good

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S M 2008 N A R Stats

  • 1.  
  • 2. 2008 National Association of Realtors Profile of Home Buyers and Sellers 2008 National Association of Realtors Profile of Home Buyers and Sellers
  • 3. 81% Of Buyers And Sellers Used A REALTOR ®
  • 4. 41% Of Buyers Were First-time Home Buyers
  • 5. The Typical First-time Buyer Was 30 Yrs Old While The Typical Repeat Buyer Was 47 Yrs Old
  • 6. 21% Bought New Homes, Down From 23%
  • 7. 80% Said The Commute Was Very Important When Considering A Home 2008 National Association of Realtors Profile of Home Buyers and Sellers
  • 8. What Do Buyers And Sellers Want From Real Estate Agents? 48% Find the right house Other 3% Help Financing 3% Determining how much to afford 3% Help Buyer Negotiate Terms Of Sale 13% Help With Paperwork 9% Determining What Comps Are Selling For 7% Help With The Price Negotiations 14%
  • 9. The Number One Trait People Look For In A Real Estate Agent? One They Can Trust
  • 10. 81% Of Sellers Favor A Full Service Real Estate Brokerage 2008 National Association of Realtors Profile of Home Buyers and Sellers
  • 11. 81% Of Buyers Purchased A Home Using A Real Estate Agent 2008 National Association of Realtors Profile of Home Buyers and Sellers That’s Up 54% From Last Year!
  • 12. 43% Of Buyers Found Their Agent Through A Friend Or Family Member 2008 National Association of Realtors Profile of Home Buyers and Sellers
  • 13. 70% Of Buyers Would Definitely Use Their Real Estate Agent Again Or Recommend Them To Others 2008 National Association of Realtors Profile of Home Buyers and Sellers
  • 14. 85% Of Sellers Would Definitely Use Their Real Estate Agent Again Or Recommend Them To Others 2008 National Association of Realtors Profile of Home Buyers and Sellers
  • 15. 93% Of Home Buyers Financed Their Home Purchase 2008 National Association of Realtors Profile of Home Buyers and Sellers
  • 16. Nearly Half Of Home Buyers Reported They Have Cut Back On Luxury Items, Entertainment And Clothing To Qualify For A Mortgage 2008 National Association of Realtors Profile of Home Buyers and Sellers
  • 17. One Quarter Of First-time Home Buyers Reported That The Mortgage Approval Process Was More Difficult Than Expected 2008 National Association of Realtors Profile of Home Buyers and Sellers
  • 18. One Fifth Of Home Sellers Traded Down To A Smaller And Less Expensive Home 2008 National Association of Realtors Profile of Home Buyers and Sellers
  • 19. Over Half Of Home Sellers Traded Up To A Larger And Higher Priced Home 2008 National Association of Realtors Profile of Home Buyers and Sellers
  • 20. More Than 92% Of Home Buyers Under 44 Used The Internet To Search For A Home In 2008 2008 National Association of Realtors Profile of Home Buyers and Sellers
  • 21. 8 Out Of 10 Buyers 45-64 Years Old Used The Internet To Search For Homes 2008 National Association of Realtors Profile of Home Buyers and Sellers
  • 22. In 1995, 2% Of All Home Buyers Used The Internet To Search For A Home 2008 National Association of Realtors Profile of Home Buyers and Sellers
  • 23. By 2008, 87% Of All Home Buyers Used The Internet To Search For A Home 2008 National Association of Realtors Profile of Home Buyers and Sellers
  • 24. 3 Out Of 4 Home Buyers Drove By Or Viewed A Home They Saw Online 2008 National Association of Realtors Profile of Home Buyers and Sellers
  • 25. 81% Of Buyers Said The Internet Was A Very Useful Tool To Search For A Home 2008 National Association of Realtors Profile of Home Buyers and Sellers
  • 26. Buyers Cited The Internet & Real Estate Agents Equally As The Most Useful Tools When Looking For A Home 2008 National Association of Realtors Profile of Home Buyers and Sellers
  • 27. Three Times As Many Buyers Found Their Home Online In 2008 Than They Did In 2003 2008 National Association of Realtors Profile of Home Buyers and Sellers
  • 28. In Fact, More Buyers Find Their New Home Through The Internet 2008 National Association of Realtors Profile of Home Buyers and Sellers
  • 29. Than 2008 National Association of Realtors Profile of Home Buyers and Sellers Newspaper, Home Books, Direct Connection With Seller And Yard Signs Combined
  • 30. Over 78% Of All Homes Use Broadband 2008 National Association of Realtors Profile of Home Buyers and Sellers
  • 31. There Are Hundreds Of Millions Of Queries On Google Every Day SearchEngineWatch
  • 32. The First SMS Text Was Sent In 1992 http://en.wikipedia.org/wiki/Text_messaging
  • 33. Today, The Amount Of Text Messaging Exceeds The Population Of The Planet Every Day http://thefischbowl.blogspot.com/2007/06/did-you-know-20.html
  • 34. The Number Of Internet Devices In 1984 1000 http://thefischbowl.blogspot.com
  • 35. The Number Of Internet Devices In 2008 Over 1,000,000,000 http://thefischbowl.blogspot.com
  • 36. Change Is Good