Profiles of the main players in real estate.

Average Description:

Average Buyer Age: 42 - First Time Offender: 31 - Repeat Offenders: 52

Most are Married

92% Research Homes on Internet

88% Used an Accomplice (Real Estate Professional)

88% Will Finance Home

Will plan an average of 12 weeks and visit 10 homes before purchase.

38%are

first time buyers

42%start process online

2/3interviewed one agent before

finding a fit

88%would

recommend their agent

Average Description:

Last spotted in their previous home for 9 years

Almost half seek larger home

Over half seek newer home

Typically receive 97% of listing price

88%used an

accomplice (real estate agent or broker)

47%reduced asking price at least once

2/3interviewed one agent before

finding a fit

85%listed on MLS

Average Description:

Typical Realtor is a 57 year old white female who attended college.

13% are guilty of not owning their primary residence

Believed to be in possession of 13 years of experience

Median earnings of $43,500 per year. Spends $4,900 on business expenses.

Closes an average of 12 transactions a year.

70% have had a website for 5+ years12% maintain

a blog56% are on

social media

40 hour work week

avg.

21% of business is repeat clients

21% of business is referrals

17%use an

accomplice aka

personal assistant

77%say real estate is their only occupation

6%of agents

began their working

career in the industry

HouseHunt Presents

CASE CLOSED

STARRING REAL ESTATE AGENTS, HOME SELLERS, AND INTRODUCTING FIRST TIME BUYERS“THE USUAL SUSPECTS: PROFILES OF THE MAIN PLAYERS IN REAL ESTATE”

DATA COLLECTED FROM NATIONAL ASSOCIATION OF REALTORS 2013 ANNUAL REPORTPRODUCED BY HOUSEHUNT.COM DISTRIBUTED BY BLOG.HOUSEHUNTNETWORK.COM