Contact Pricing How To

Home buyers are spending more time doing this than any other time since 2001. What is it?

The process of finding a home in Mt. Pleasant, SC or Charleston, SC can be daunting and time consuming. I came across a survey done by Realtor.org and discovered that home buyers across America take a lot of time in deciding which home to buy. Here is the poll question...

The typical home buyer searched how long before purchasing a home? 

 
Correct Answer: 12 weeks
On average, a home buyer searched for 12 weeks and viewed 12 homes before purchasing, according to NAR research.
That's the longest average time that buyers have spent looking for a home since the survey started tracking it in 2001.
Buyers searched, on average, two weeks on their own before contacting an agent. 
 

Do you know what buyers and sellers really want?

In a recent survey the National Association of Realtors published some interesting facts about todays buyers and sellers. According to an article published in the Realtor.org site....

1. What service did sellers most often say they want from their real estate agent?

 
 Pricing the home competitively
Of the sellers surveyed, 22 percent said they wanted help pricing their home competitively so it would sell. Other popular responses included help finding a buyer for the home (21 percent), marketing the home to potential buyers (19 percent), and selling the home within a specific timeframe (19 percent).


 
2. What service do buyers most often say they want from a real estate agent?

 
 Finding the right home to purchase
Nearly 50 percent of buyers most frequently reported that they want an agent to help them find the right home to purchase, followed by assisting them with negotiating the terms of the sale (16 percent) and price negotiations (13 percent). The least-frequent response was help in finding or arranging financing to purchase a home (2 percent).

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