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  1. #1
    Join Date
    Mar 2008
    Location
    Rocky Mountains of Boulder, CO
    Posts
    158

    Default NAR just realeased statisitics about homebuyers & sellers

    2010 Statistics just released by NAR....

    2009-2010 homebuyers in NY, PA and NJ are:
    • 37 years old;
    • 57% of them are first-timers;
    • 85% of them use an agent; and
    • 90% bought an existing, single-family home.
    First-time buyers are:
    • 30 years old;
    • they purchase mostly single-family homes (74%);
    • they work with an agent (84%); and
    • they purchase a house sized around 1,540 square feet.
    If you know your potential client, you can adjust your marketing to serve them well.

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  2. #2
    Join Date
    Mar 2007
    Location
    Columbus GA
    Posts
    3,746

    Default Re: NAR just realeased statistics about homebuyers & sellers

    • 37 years old;
    • 57% of them are first-timers;
    • 85% of them use an agent; and
    • 90% bought an existing, single-family home.
    First-time buyers are:
    • 30 years old;
    • they purchase mostly single-family homes (74%);
    • they work with an agent (84%); and
    • they purchase a house sized around 1,540 square feet.
    So:
    Avg age of ALL buyers is 37
    57% of ALL buyers are first timers
    Avg age of first timers is 30

    "If you know your potential client, you can adjust your marketing to serve them well."

    Sounds like what you are implying is that YouTube is an effective way to market and present yourself, at least to these.

    ' correct a wise man and you gain a friend... correct a fool and he'll bloody your nose'.

  3. #3
    Join Date
    Mar 2008
    Location
    Rocky Mountains of Boulder, CO
    Posts
    158

    Default Re: NAR just realeased statistics about homebuyers & sellers

    Quote Originally Posted by Rick Cantrell View Post
    ...
    Sounds like what you are implying is that YouTube is an effective way to market and present yourself, at least to these.

    YouTube is useful, but just as any tool - like a hammer in a contractor's hand - you've got to know how to use it effectively.

    First step is to identifying your client, then
    develop your niche service, then understand what your clients want, and finally communicate using your website (possibly using YouTube, but it's not necessary.)



  4. #4
    Join Date
    Mar 2008
    Location
    Rocky Mountains of Boulder, CO
    Posts
    158

    Default Re: NAR just realeased statistics about homebuyers & sellers

    Quote Originally Posted by Robert Humphries View Post
    Just make sure that your YouTube video is titled and tagged as 'First Time Home-buyer Tips and Strategies' as this is one of the most-search phrases out there for that market.

    -
    Awesome advice.


  5. #5
    Join Date
    Jun 2010
    Location
    Vancouver
    Posts
    202

    Default Re: NAR just realeased statisitics about homebuyers & sellers

    dang Rob I wanted to use that tag lol. Ben thanks for the heads up.


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