3/30/2005

2005 Buyer Survey on Internet Use

It's no surprise that Buyers use the Internet to acquaint themselves with the homebuying process. The percentage increases every year: according to this survey it's up to 62 percent. Buyers do count on their REALTORS to provide interpretation, judgment and expertise about the market. Six out of 10 Internet buyers said information gathered from the Internet was less useful than that provided by their REALTORS. In my own personal experience I currently receive inquiries from prospective buyers who less current about market prices compared to inquiries of about 5 years ago. More information on the Internet does not add up to more informed buyers--just the opposite may be true as there is more information to decipher and more time required to find it. Read about the 2005 "Internet Versus Traditional Buyer Survey" for additional interesting facts about buyers.

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