Monday, August 14, 2006

Did You Know? Internet Home Buyers

Based on findings of the California Association of Realtors' 2006 Internet Versus Traditional Buyer Survey:

70 percent of buyers use the Internet as an integral part of the home-buying process. This number has nearly doubled since 2001.

More than nine out of 10 Internet buyers said that the Internet helped them better understand the process of buying a home.

Internet buyers are accustomed to receiving more frequent communication and faster response times from their REALTORS®

Internet buyers spend an average of 5.8 weeks considering buying a home before contacting a REALTOR®, while traditional buyers spend 2 weeks.

Internet buyers spend 2.2 weeks looking for the home they ultimately purchase, compared with 7.1 weeks for traditional buyers.

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