Spokane Real Estate Voice: NAR's Economic Research Report helps determine effective Marketing Strategy

NAR's Economic Research Report helps determine effective Marketing Strategy

When I read the latest NAR (National Association of Realtors) Economic Research report it confirms that I am right on track with my Marketing.

Here is one section from the 4 page report:

HOW BUYER FIRST LEARNED HOME WAS AVAILABLE FOR SALE:

                          2008                                             2009

Realtor:               34%                                                36%

Internet               32%                                                36%

Yard Sign             15%                                               15%

Builder                  7%                                                  5%

Friend/Relative      7%                                                6%

Newspaper             3%                                                 2%

HomeBook/Magazine   1%                                          X     

 

 

There  were several other aspects of this report I found enlightening.

I will be using it while formulating my 2010 goals and business plan!

Pround to be a Realtor: BethAnn Long Tomlinson South Inc. www.BethAnnHomes.com

 

BethAnn Long ~ Spokane Realtor- Coldwell Banker Tomlinson South Inc.

509-362-4607

...there's no place like your home!

Spokane Homes for Sale


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8 comments • BethAnn Long, Realtor, e-PRO Spokane Wa Real Estate • November 22 2009 08:41PM

Comments

Thanks for the stats. I'm a bit surprised that the internet isn't higher?

Posted by Monique Hailer (CENTURY 21 New Millennium) over 2 years ago

Now those are very interesting numbers that I hadn't seen before.  Keep up the good work!

Posted by Janna Rankin Scharf (Keller Williams Realty Coeur d'Alene) over 2 years ago

MONIQUE: 90% of buyers used the internet to search for homes in 2009. * It is best to see the whole report.

Posted by BethAnn Long, Realtor, e-PRO Spokane Wa Real Estate (Coldwell Banker Tomlinson) over 2 years ago

Where did you find the report?  Good information Thank you for sharing.

Posted by Lisa Thompson (Platinum Real Estate Group) over 2 years ago

Lisa, our office had it prined out for us, from NAR try realtor.org

Posted by BethAnn Long, Realtor, e-PRO Spokane Wa Real Estate (Coldwell Banker Tomlinson) over 2 years ago

BethAnn, The data in this report tells us all how the world really works and where to direct our marketing.  And not what we have been led to believe. 

This also explains why major newspapers are reducing/eliminating their real estate section.

See chapters 3, 4, 6 and 7.  Great stuff.

Thanks for sharing this information.

 

Posted by Reg Gupton (Reg Gupton Inc.) over 2 years ago

Reg, what chapter are you talking about-in what?

Posted by BethAnn Long, Realtor, e-PRO Spokane Wa Real Estate (Coldwell Banker Tomlinson) over 2 years ago

Sorry for the delay in responding BethAnn.  Chapters 3,4, 6 and 7 in the 2009 NAR Profile of Home Buyers and Sellers.

Hope this helps.

Posted by Reg Gupton (Reg Gupton Inc.) over 2 years ago

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