Home Buyer and Seller Trends

The National Association of Realtors has discovered that younger homebuyers (under 33) and older homebuyers (33 and over) choose a real estate agent for very different reasons.

Younger buyers are more likely to:

•  Select an real estate agent predominately based on referrals from friends, neighbors or relatives

•  Value an real estate agent's honesty and trustworthiness

•  Need education on the real estate process as a whole

Older buyers are more likely to:

•  Use an agent involved in their previous home sale or purchase

•  Find their home through an real estate agent

•  Value an real estate agent's neighborhood knowledge most

The National Association of Realtors also found that overall, 74% of homebuyers say they would definitely use the same real estate agent again or recommend them to others! 

Source: 2013 National Association of REALTORS® Home Buyer and Seller Generational Trends, July 2013.