The National Association of REALTORS recently released some highlights from their 2014 Profile of Home Buyers and Sellers, with a section devoted to characteristics of home buying and real estate professionals. Did you know:
- 88% of buyers purchased their home through a real estate agent or broker - a share that has steadily increased from 69% in 2001.
- 40% of buyers found their agent through a referral from a friend or family member and 12% used an agent they had used before to buy or sell a home.
- 2/3 of recent buyers only interviewed one agent before they found the agent they worked with.
- 88% of buyers would use their agent again or recommend to others and 63% of buyers who purchased their home in the last year have recommended their agent to other buyers.