Thursday, 14 August 2008

The internet is outpacing the agent in the find process.

Written by Mike Carter on August 14, 2008

According to a recent study by US-based ForSalebyOwner.com, consumers are increasingly using the internet to ‘find’ a suitable property rather than relying on suggestions from the agent. It you look at the data compiled it seems like the two methods of finding property (yourself or the agent) will cross-over in a couple years time. Interestingly enough, finding property by seeing a yard sign outperforms newspapers by a factor of 5. It would be interesting to get the NAEA to do a similar study to see where the UK market sits, although with the current trends I would assume it’s very similar.

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