One of the most useful research projects of the National Association of REALTORS® (NAR) is the annual survey of homebuyers and sellers. It is particularly useful because it shows sellers and their agents what works and what sources buyers use to find their new homes.
This is the 36th year that NAR has conducted an annual survey of those who have purchased and sold homes. The most recent version (2017 Profile of Home Buyers and Sellers) became available in November of this year. The information is based on answers to a 131-question survey mailed to a random sample of 145,800 consumers who purchased a home between July 2016 and June 2017. (Names and addresses were provided by Experian, a company that maintains an extensive database of recent homebuyers that is derived from county records.) After accounting for undeliverable surveys, there was a 5.6 percent response rate.
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