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Who is the Average REALTOR®? |
 | The National Association of REALTORS® recently surveyed over 58,000 REALTORS® to create a profile of the average REALTOR®. Based on the survey results, the average REALTOR® is: - A 57 year old female.
- Has thirteen years of real estate experience.
| - Has been affiliated for the last 7 years with an independent company with an average size of 23 agents and brokers.
- Past clients and customers account for 42% of the average REALTOR®'s business.
- Had 12 transaction sides in 2012 (each transaction has two sides -- a listing side and a selling side.) Of those 12 sides, 1 was typically a foreclosure and 1 a short sale.
- 56% use social media in their real estate business.
- 80% are "very certain" will remain in the real estate business at least two more years.
- For the third year in a row, the difficulty potential clients encounter in obtaining mortgage financing was the most-cited factor in limiting expansion of the average REALTOR®'s client base.
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Roanoke Region: Lowest Cost of Living |
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The 2012 annual data are in, and figures show that Roanoke has the lowest cost of living of any metro in Virginia. With costs about 8.6 percent lower than the national average, Roanoke has a lower cost of living than more than 75 percent of metro regions across the nation. The area's strongest competitive advantages are in housing and health-care costs, though food costs and miscellaneous service costs are consideratably lower than the national average. The region's cost of living is lower than many Southern competing metro areas including Asheville, N.C.; Greenville, S.C.; Charlotte, N.C. and Chattanooga, Tenn. Thank you to the Roanoke Regional Partnership for sharing the good news. |
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Who Comes to Open Houses? |
The National Association of REALTORS® recently conducted a survey of 2012 buyers to find out who attended open houses as part of their home search process. Here's what they learned:
- 45% of 2012 buyers attended one or more open houses
- 45-64 was the age group most likely to find a home through an open house
- Couples (married or unmarried) are more likely than single buyers to walk through an open house
- Repeat buyers are more likely to find their homes from an open house than first-time buyers
- The South is the region of the US where buyers are more likely to find a home through an open house
- Buyers who use a language other than English in the home are more likely to use open houses than buyers whose primary language is English
Check out upcoming area open houses at RoanokeValleyOpenHouse.com. |
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