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OFFICIAL MAGAZINE OF THE NATIONAL ASSOCIATION OF REALTORS®

QUIZ: UNDERSTANDING TODAY'S HOME BUYERS AND SELLERS

 How well do you know buyers and sellers? The 2009 Profile of Home Buyers and Sellers, published by the NATIONAL ASSOCIATION OF REALTORS®, sheds some light on what customers look for in the home buying and selling process. More than 9,000 responses from consumers who recently purchased or sold a home were collected for the NAR study. Take this quiz to see if you're in tune with today's customers.

1.What service did sellers most often say they want from their real estate agent?





2.What service do buyers most often say they want from a real estate agent?





3.The typical home buyer searched how long before purchasing a home?





4.Out of the following, what was the most common incentive that sellers offered in the sale of the home?





5.What feature on real estate Web sites do customers most frequently say they find the most useful?





6.What's the first step buyers often take during the home-buying process?





7.Of buyers who considered purchasing a foreclosed home, what was the most common reason they gave for ultimately not purchasing a foreclosure?





8.What environmentally friendly features did buyers most often say is "very important" when looking for a home?





9.What age range represents the largest segment of home buyers?





10.What is the most frequently reported reason for selling a home?





11.What was the most common factor that influenced buyers in selecting a certain area to live?