How Most Find a Real Estate Agent

How did you find your Real Estate agent in the past – or now, for that matter? Did you Google it on the internet, hear from friends, or see an add in the newspaper? Wonder how your search compared with others who have looked for real estate agents? Which way is the best to find the best agent?

Here are a couple of articles I found on REALTOR.com which details how most people find their real estate professional.

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On January 6, 2012, in Did You Know, by T.J. Doyle, Marketing & Communications Manager

  • Referral by friend, neighbor or relative is the most commonly cited method sellers used to find their real estate agent.
  • Thirty-nine percent of sellers used a referral to find their agent, and an additional 22 percent used an agent they had worked with before.
  • The typical seller only contacts one agent during the selling process, further emphasizing the importance of personal relationships in real estate.
  • Sixteen percent of sellers contacted two agents before selling their home and 18 percent contacted three or more agents.
  • Among recent sellers who used an agent, 85 percent reported they would definitely (69 percent) or probably (16 percent) use that real estate agent again or recommend to others.

From the 2011 NAR Profile of Home Buyers and Sellers: Length of the Home Search

On January 4, 2012, in Did You Know, by T.J. Doyle, Marketing & Communications Manager

  • The length of the typical home search has remained the same at 12 weeks since 2009.
  • While searching, buyers on average looked at 12 homes before deciding on their purchase. Buyers in the South typically only looked at 11 homes, while buyers in the West looked at 15 homes.
  • Repeat buyers usually spent two weeks searching before they contacted an agent, while first-time buyers spent three weeks. First-time buyers also searched longer for their first home, 12 weeks, compared with repeat buyers who spent 10 weeks in the process.
  • For more information: http://www.realtor.org/topics/homebuyers_sellers_profile