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Jamie Howell-Reynolds
Sr. Account Exec.
Phone
(757) 351-7523
Fax
(866) 600-5857
E-Mail Us
Homes.com Sales
150 Granby St.
Norfolk, VA 23510


 
 
Homes.com Marketing (757) 351-7523

Avertising Effectiveness

 

2006 National Association of Realtors

Profile of Homebuyers and Sellers

  • 80% of all buyers used the Internet in their search for a home, 83% of first-time buyers used the Internet, and 78% of repeat buyers used the Internet

  • 96% of homebuyers who used the Internet looked online for properties for sale.

  • 81% of buyers who used the Internet purchased their homes through an agent/broker, while only 63% of those who did not search online used a real estate professional.

  • The typical Internet searcher visited 11 homes, in comparison with non-Internet searchers who visited only 6 homes.  Non-Internet buyers frequently purchase a home directly from the seller or builder, which reduces the number of homes viewed.

  • The typical Internet searcher spent eight weeks searching for a home, compared with 6 weeks for non-Internet searchers. Internet searchers begin searching earlier and spend more time reviewing other sources of information about a community or availability of homes with specific characteristics.

  • Characteristics of Internet Home Searchers: 63% are married, the median age is 39 years and the median income is $74,300. Characteristics of Non-Internet Searchers: 54% are married, the median age is 51 years and the median income is $61,000.

 

Actions Taken As A Result Of Internet Property Search

   74%  Drove by/viewed a home

  61%  Walked through a home

  23%  Found/used the agent

  22%  Requested more information

  11%  Contacted builder/developer

  7%    Pre-qualified for a mortgage while online

  5%    Applied for a mortgage online

  4%    Found a mortgage lender while online

 

 

Value of Online Features

   83%  Photos

  81%  Detailed property information

  60%  Virtual tours

  43%  Interactive maps

  37%  Neighborhood information

  31%  Real Estate agent contact

 

Where Buyer First Learned About Property Purchased

   36%  Real Estate Agent

  24%  Internet

  15%  Yard Sign

 

Information Sources Used in Property Search

  85%  Real Estate Agent

  80%  Internet

  63%  Yard Sign

  55%  Newspaper Ad

  47%  Open House

 

 

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