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AGENT
         MICHAEL CHALAMBAGA
INTERNET RESOURCES FOR HOME BUYERS 101


CREDENTIALS
              LICENSED TEXAS REAL ESTATE BROKER & CERTIFIED HOME MARKETING
              PROFESSIONAL                            © Copyright 1997-2011 Michael Chalambaga All Rights Reserved
Internet
Beginning and History

Internet Real Estate Study

Internet Resources

Pros, Cons, & Caveats

National, State, & Local
Resources
In the Beginning
Department of Defense
Unit creates the :Internet:
1969

Universities &
Government Agencies are
first users 1974

World Wide Web
Launches 1992(CERN)
Switzerland
Internet and Real Estate
Internet Home Search
Nothing Short of a
Revolution. Rich Home
Resources Launched in
1995 at National
Association of Realtors
Convention with the catch
phrase

 “ CLICK A MOUSE, BUY A
HOUSE”
Pew Internet Statistics
Real Estate Statistics
 Home Buyer Statistics
Active home search (median):
1 Number of weeks searched: 10
2 Number of homes seen: 10

First-Time vs. Repeat Buyers:
1 First-time buyers: 41%
2 Repeat buyers: 59%
            NATIONAL ASSOCIATION OF REALTORS STUDY
Real Estate Statistics
    Information sources used in home search:

1   Internet: 87%
2   Real estate agent: 85%
3   Yard sign: 62%
4   Open house: 48%
5   Newspaper ad: 47%
6   Home book or magazine: 30%

      Actions taken as result of Internet home
      search:

1 Drove by/viewed a home: 77%
2 Walked through a home viewed online: 63%
3 Found agent used to search/buy home: 27%

                 NATIONAL ASSOCIATION OF REALTORS STUDY
Top Ten Internet Real
 Estate Resources by
Alexa Web Information Ranking     Experian Hitwise Rankings          Michael’s Top Ten
         Company
        Realtor.com                     Realtor.com                     Realtor.com

         Zillow.com                RealEstate.Yahoo.com            TexasRealEstate.com

        Loopnet.com                      Zillow.com                      Zillow.com

        Remax.com                      ZipRealty.com               ForSalebyOwner.com

       Century21.com                    Remax.com                        MLS.com

     Coldwellbanker.com                  Trulia.com                      Trulia.com

          Rent.com                   RealEstate.aol.com            TexasWorkForce.com

         Inman.com                     HomeGain.com                   HomeGain.com

         Viviun.com                       Hud.gov              Ector County Appraisal District

     Sotherbysrealty.com             Servicemagic.com         Midland County Appraisal District




                       RANKINGS REFLECTING NOV 2008 TO JAN 2010
Positives, Negatives, and
 Caveats
       Positives                Negatives                   Caveats

Your Internet Search will Your Internet Search will
yield significant amounts yield significant amounts     Disclosure Statements
      of information           of information


  Internet sites should    Internet sites may not
contain rich sets of home   accurately reflect the Always verify with data or
    purchasing data       whole property, terrain, a consult a professional
                                or structure
Your internet search can Internet sites may collect
  be anonymous or as                                 Data Privacy is a Big
                         requested data from your
 personal as you would                                      Issue
                           use of their resources
         desire
Questions & Open Lab
Our last section of this mini
course can be used as an
open question and
discussion session with an
open laboratory to use your
Course: Internet Resources for Home Buyers 101

Email: michaelchalambaga@gmail.com

Author:	   Michael Chalambaga

Credentials:

Licensed Texas Real Estate Broker
Member National Association of Realtors
Member Texas Association of Realtors
Certified Home Marketing Specialist




               © Copyright 1997-2011 Michael Chalambaga All Rights Reserved

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Internet for Buyers 101

  • 1. AGENT MICHAEL CHALAMBAGA INTERNET RESOURCES FOR HOME BUYERS 101 CREDENTIALS LICENSED TEXAS REAL ESTATE BROKER & CERTIFIED HOME MARKETING PROFESSIONAL © Copyright 1997-2011 Michael Chalambaga All Rights Reserved
  • 2. Internet Beginning and History Internet Real Estate Study Internet Resources Pros, Cons, & Caveats National, State, & Local Resources
  • 3. In the Beginning Department of Defense Unit creates the :Internet: 1969 Universities & Government Agencies are first users 1974 World Wide Web Launches 1992(CERN) Switzerland
  • 4. Internet and Real Estate Internet Home Search Nothing Short of a Revolution. Rich Home Resources Launched in 1995 at National Association of Realtors Convention with the catch phrase “ CLICK A MOUSE, BUY A HOUSE”
  • 6. Real Estate Statistics Home Buyer Statistics Active home search (median): 1 Number of weeks searched: 10 2 Number of homes seen: 10 First-Time vs. Repeat Buyers: 1 First-time buyers: 41% 2 Repeat buyers: 59% NATIONAL ASSOCIATION OF REALTORS STUDY
  • 7. Real Estate Statistics Information sources used in home search: 1 Internet: 87% 2 Real estate agent: 85% 3 Yard sign: 62% 4 Open house: 48% 5 Newspaper ad: 47% 6 Home book or magazine: 30% Actions taken as result of Internet home search: 1 Drove by/viewed a home: 77% 2 Walked through a home viewed online: 63% 3 Found agent used to search/buy home: 27% NATIONAL ASSOCIATION OF REALTORS STUDY
  • 8. Top Ten Internet Real Estate Resources by Alexa Web Information Ranking Experian Hitwise Rankings Michael’s Top Ten Company Realtor.com Realtor.com Realtor.com Zillow.com RealEstate.Yahoo.com TexasRealEstate.com Loopnet.com Zillow.com Zillow.com Remax.com ZipRealty.com ForSalebyOwner.com Century21.com Remax.com MLS.com Coldwellbanker.com Trulia.com Trulia.com Rent.com RealEstate.aol.com TexasWorkForce.com Inman.com HomeGain.com HomeGain.com Viviun.com Hud.gov Ector County Appraisal District Sotherbysrealty.com Servicemagic.com Midland County Appraisal District RANKINGS REFLECTING NOV 2008 TO JAN 2010
  • 9. Positives, Negatives, and Caveats Positives Negatives Caveats Your Internet Search will Your Internet Search will yield significant amounts yield significant amounts Disclosure Statements of information of information Internet sites should Internet sites may not contain rich sets of home accurately reflect the Always verify with data or purchasing data whole property, terrain, a consult a professional or structure Your internet search can Internet sites may collect be anonymous or as Data Privacy is a Big requested data from your personal as you would Issue use of their resources desire
  • 10. Questions & Open Lab Our last section of this mini course can be used as an open question and discussion session with an open laboratory to use your
  • 11. Course: Internet Resources for Home Buyers 101 Email: michaelchalambaga@gmail.com Author: Michael Chalambaga Credentials: Licensed Texas Real Estate Broker Member National Association of Realtors Member Texas Association of Realtors Certified Home Marketing Specialist © Copyright 1997-2011 Michael Chalambaga All Rights Reserved

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