According to the latest research by the National Association of Realtors, the statistics have remained relatively stable in the last decade. Distressed homeowners were less inclined to use family and friends recommendations than in traditional markets, but as we progress into a healthy real estate market, referrals will gain importance.
22% of sellers use an agent they worked with in the past
38% of sellers use a real estate agent who was referred to them by a friend or family member
12% of buyers use an agent they worked with in the past
40% of buyers use a real estate agent who was referred to them by a friend or family member
20% of sellers say the most important role of an agent is to sell the listing in a specific time-frame
53% of buyers say the most important role of an agent is to help find the best listing for their desires and budget
70% of sellers hire the first agent they interview
66% of buyers hire the first agent they interview
83% of sellers say they would refer and reuse their realty agent
91% of homes are listed on the MLS for the seller
Much of this information comes from the 2014 NAR Buyer & Seller Profile which you can download by following the link.
Realty World offers tips and market condition analysis without obligation to agents in our industry so that we may all be better equipped to help our clients. Visit our landing page: www.AllStarsJournal.com
38% of sellers use a real estate agent who was referred to them by a friend or family member
12% of buyers use an agent they worked with in the past
40% of buyers use a real estate agent who was referred to them by a friend or family member
20% of sellers say the most important role of an agent is to sell the listing in a specific time-frame
53% of buyers say the most important role of an agent is to help find the best listing for their desires and budget
70% of sellers hire the first agent they interview
66% of buyers hire the first agent they interview
83% of sellers say they would refer and reuse their realty agent
91% of homes are listed on the MLS for the seller
Much of this information comes from the 2014 NAR Buyer & Seller Profile which you can download by following the link.
Realty World offers tips and market condition analysis without obligation to agents in our industry so that we may all be better equipped to help our clients. Visit our landing page: www.AllStarsJournal.com
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