NAR: Profile of Home Buyers, Sellers and the Real Estate Agent

by 03 Jul 2012

(NAR) -- NAR Profile of Home Buyers and Sellers: Home Buyers and the Real Estate Agent:

  • Eighty-nine percent of buyers purchased their home through a real estate agent or broker—a share that has steadily increased from 69 percent in 2001.
  • Forty-one percent of buyers found their agent through a referral from a friend or family member and 9 percent used an agent they had used before to buy or sell a home.
  • About two-thirds of recent buyers only interviewed one agent before they found the agent they worked with.
  • Nearly nine in ten buyers would use their agent again or recommend to others.



Is TILA-RESPA a good or bad thing long term?