This information can help any homeowner who is thinking about selling his or her house in 2011. Sellers should educate the buyers with essential and unique information about their homes.
The Home Search Process
• For 35 percent of home buyers, the first step in the home
buying process was looking online for properties.
• Ten percent of home buyers first looked online for
information about the home buying process.
• The use of the Internet in the home search dipped
slightly to 88 percent from a high of 90 percent in 2009
as the demographics of home buyers shifted to slightly
older repeat buyers from younger first-time buyers.
• Real estate agents were viewed as a useful information
source by 98 percent of buyers who used an agent while
searching for a home.
• The typical home buyer searched for 12 weeks and
viewed 12 homes.
• Nine in ten recent buyers were satisfied with the home
buying process.
