Cyber Monday: 92% of home searches use internet

Image

Cyber Monday, a marketing “holiday” created to encourage a Black Friday-like spike in online retail sales, is here! But what about buying or selling a home online?

The National Association of Realtors recently posted their “Highlights From the 2013 Profile of Home Buyers and Sellers“, revealing that a staggering 92% of home searches utilize the internet.

Other highlights include:

  • 88% of home buyers utilized the services of a real estate agent to purchase their home
  • Less than 1 in 10 sellers were successful in selling their homes without the assistance of a real estate agent
  • Two-thirds of home sellers only contacted one agent before selecting the one to assist with their home sale.

How about you? Will you be shopping for a new home online this Cyber Monday? What about checking the value of your current home?

For more information, text KW4RNW3B to 87778, or click here from your smart device.