National Association of Realtors: 2011 Profile of Home Buyers and Sellers

Boston Realtors

Where do we go to find information on a specific topic? Do we
still riffle through books, per chance find the solution in the
newspaper, or maybe we ask a friend? Not likely, we instead go to
the Internet. The Internet will take on a greater role in
determining how we portray and deliver our properties to our
prospective clients from today going fourth.

The National Association of Realtors profiled home buyers and
sellers in 2011 and has released some intriguing results about the
direction the real estate market is heading in. 88% of all those
searching for real estate do so via the Internet
with an impressive 45% of these searches online resulting in a
purchase. The previous statistic of 45% is an increase of 9% as
compared to the rate of success we saw from 2009.

Besides this 88% using the Internet to locate a property, 87%
begin their search through a real estate agent, 55% embark on the
journey of finding a home through seeing For Sale signs on
properties, 45% search through open houses, and finally, 30% view
newspaper ads and other forms of print material.

The economic recession is much the cause for the recent trend
for real estate buyers to shift from younger, first time buyers to
now more middle-aged, distinguished families. Despite this, the
aforementioned segment of the population still does not use the
Internet nearly as much as the younger generations, although this
is still catching on.

The most important thing to learn about what NAR is aiming to
get across, is that we all must use the Internet to the best of our
ability. 85.8% of individuals in America who use the Internet are
frequently visiting video websites such as the popular YouTube. It is now ever so common that
houses are being viewed on such sites. This can come in the form of
a video or a simple slide-show of photos with background music.
Just the notion of sitting back and viewing a property come to you
as opposed to clicking through countless photographs is a pleasant
change. The sense of entertainment is what this all comes down to,
and yes as mentioned before, YouTube is another option for real estate
agents that is free to use!

Now more than ever do we have the ability to instantaneously
connect with people from all corners of the globe. So with the
Internet as your guiding tool, get out there and lets make it
happen!

Source: SEOMyListing.com

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