Illinois Home Buyer Characteristics
Understanding where your next Chicago area home buyer is looking for their next home is imperative in understanding what you need to do to sell your Chicago area home.
According to research performed by the National Association of REALTORS and funded by the Illinois Association of REALTORS in a 2006 Illinois Home Buyers survey, the percentages below should help you understand what is important in a marketing proposal to sell your Chicago area home.
Key Highlights for the Illinois Buyer Home Search
- Illinois Home Buyers searched for a home for a median of 8 weeks and saw a median of 11 Illinois homes.
- 87% of Illinois Home Buyers used an Illinois Real Estate agent during their home search.
- 59% of Illinois home buyers used the Internet to search for homes. (In Comparision, over 80% of National Home buyers used the internet for their home search according to the National Association of REALTORS.)
- 70% of Illinois home buyers viewed the internet as a very useful tool in their home search.
- 76% of Illinois home buyers rated Illinois real estate agents as a Very useful source.
Summary - Illinois Home buyers overwhelmingly used a real estate agent for their home buying needs.
Where Illinois Home Buyers Found their Illinois Home they Purchased from 1997 to 2006.
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