Here are some interesting real estate statistics based on a 2006 National Association or Realtors® study.

Information sources buyers used in home search:

• Real Estate Agent - 85%
• Yard Sign - 63%
• Internet - 80%
• Newspaper Ads - 55%
• Home Book/Magazine - 34%
• Open House - 47%
• Builders - 26%
• Television - 11%
• Relocation Company - 5%

How buyers found the real estate agent they used:

• Referred by a friend, neighbor or relative - 40%
• Used agent previously - 13%
• Visited an open house and met an agent - 7%
• Walked into or called an agent directly - 4%
• Used the internet - 7%

Home Buyers & Sellers Statistics:

• Weeks spent searching for a home - 8 weeks
• Number of homes seem - 9 homes
• Said they'd defenitely use the same agent again - 66%

Method of Home Purchased, by use of internet:

• Agent/Broker - 81%
• Direct from Builder - 10%
• Direct from previous owner (whom buyer did not know) - 5%

Actions taken as result of using the internet:

• Drove by or viewed home - 74%
• Walked through a home viewed online - 61%
• Found agent used to search/by home - 23%