May 28, 2019

Categories Real Estate

Buying in the Digital Age

According to the National Association of REALTORS® (NAR), websites and real estate agents are now the two most heavily used resources for homebuyers who are hunting for a home. The NAR 2018 Profile of Buyers and Sellers in the U.S. indicates just how much the home search process has changed over the past few decades.

Here are some nuggets:

  • 50 percent of buyers found their home on the internet in 2018, compared to eight percent in 2001.
  • 95 percent of homebuyers used the internet at some point to search for a home.
  • 89 percent of buyers who used the internet to search for homes purchased their home through a real estate agent.
  • 73 percent of buyers used a mobile device for their search.
  • The typical buyer who did not use the internet to search for a home spent four weeks searching and visited four homes. Buyers who used the internet spent 10 weeks shopping and visited 10 homes.

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WK Real Estate

Founded in 1976, WK Real Estate is passionate about connecting people with the right properties and the best resources. We blend the latest technology with the best customer service to bring a unique, memorable and high quality experience to each client.
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