Real Estate the most compelling statistic

The Internet has perhaps had a greater impact on the industry after more than real estate. Changed the way home for potential buyers to the property found, is acquired at the end -. Here are the most interesting statistics to support my thesis that the National Association of Realtors (NAR), 75% of home buyers of the house plot that ultimately, online-shop “before” you hired a real estate broker. Buy Before the Internet age people are looking into a new house, a broker had to go and specify their requirements (price, bedrooms, bathrooms, region, etc.), then the broker through the MLS will find properties that match your needs. The broker may submit its findings and make an appointment to see. Today, prospective buyers have access to the same information and products to increase over the Web such as Google Earth and see aerial photos of homes and neighborhoods to use. You can also go online and have free access to comparable assessments or real estate and see exactly what is selling the house on the street. You can also compare prices and mortgage. to provide facilities in the city of demographic data, type of school and community to provide new functions for almost all cities and towns across America. Best of all, everything is easy and free access to the touch! Although it supply many websites that provide access to the ads, so Hitwise (a web monitor, which collects data directly from ISP networks), here are 10 real estate sites: 1 realtor.com (the active site in the world with 350 million page views per month) 2 realtytrac.com third homegain.com 4th rent.com 5th remax.com 6th realestate.yahoo.com 7th zillow.com 8th apartments.com 9th ziprealty.com 10th move.com Realtor.com, the official website of the National Association of Realtors, is by far the number 1 ranked real estate site with a market share of 8.8%. According to USA Today, the real estate Web site traffic by 8% in 2005, up – twice as fast as the growth of Internet traffic in general. – The Internet has leveled the playing field, because buyers just do not need because it is a real estate broker, has finally puts the pressure on brokers to justify their commission rates. In support of this thesis is that the real royal commissions fell to an average of 5.1% below the long term 6%, in line with current trends. As in any industry, much less when they are paid to brokers to be different? The funny thing is that house prices so committees – except, of course, hiring a broker “discount”. These mediators to recognize their role and reduces the effort and simply offer their services at reduced prices. But do not underestimate the NAR powerful lobby (remember, you have 91 billion reasons to protect their industry.) Realtors have helped to “get” about a dozen states laws that restrict the ability of agents Pass Real give up discounts homeowner or a la carte service and low prices for the sellers of real estate offer. The Justice Department in an effort to protect the laws of competition has to go to some plans under pressure to reverse these laws.

Real Estate the most compelling statistic



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