Where Do Ann Arbor Buyers Find Their Homes?

The Internet continually gains ground in bringing together buyers and sellers. Something like 82% or 83% of all buyers search the Internet even before contacting a Realtor. As for finding the house they end up buying, here are the statistics from the 2007 National Association of Realtors study.

The percentage of buyers who found their home through
Their Realtor was 34%
On the Internet 29%
From a Yard Sign 14%
Home Builder or Their Agent 8%
Friend, Relative, or Neighbor 8%
Print Newspaper Advertising 3%
Knew the Sellers 3%
Home Book or Magazine 1%

Those buyers who found the home they wished to buy on the Internet, or from a sign, or otherwise, typically still worked with a Realtor for the benefit of an arm's length transaction, to have a skilled negotiator working on their behalf, and to insure a smooth closing.