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home buyers: Survey Says: Only 1 in 20 Respondents Say They Will Buy Next Year - 11/16/09 02:54 PM
Before the home buyers tax credit was extended through April, 2010 and expanded to include more buyers, a survey by move.com indicated that only 1 in 20 people surveyed said they would buy a house next year.  Why?  The top reason was that they felt that home prices had hit bottom.  This was more important than bargain priced foreclosures, concerns about interest rates, and the pool of available homes.
This revelation feeds into our ongoing discussion of glass half empty/glass half full approach to real estate.  Of course, the number of people who might say they are planning to buy might … (19 comments)

home buyers: WOW Your Buyers on Their Time Table - 06/05/09 04:23 PM
Things are changing in real estate as more buyers automatically check the internet when they are house hunting.  Agents may laments that buyers who aren't ready to buy take up too much time, but buyers themselves are busy and don't want to be bothered before they're ready.  But when they're ready, WATCH OUT!
The NAR has found some rather revealing habits of homebuyers.
77% of homebuyers used an agent to buy their home, Buyers searched for a median of two weeks on their own before contacting a real estate professional. Over three quarters of homebuyers used only one agent in their … (2 comments)

home buyers: Well. What Did They Think? - 05/04/09 05:07 PM
When we hold an open house or a showing, our sellers nervously await the reaction of the potential buyer.  When the much-awaited call from the showing agent does not come, it falls on us to seek out the followup.
The reasons you call the agent who showed your listings are:
To jog the agent's memory about the house so that you may be able to get a second showing. To answer any questions or concerns that the buyer expressed so that the house will be reconsidered. To get the impressions of the buyers or agents that might help you to better … (3 comments)

 

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