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1. How many properties does a buyer look at in a typical home search? __8 __10 __14 __26% __30% __42% 3. What is the number one problem reported by FSBO sellers? 4. __Attracting buyers __Pricing the home __Holding an open house In 1997, as a percentage of total sales, home sales in cities and rural areas were down while home sales in the suburbs were up. __True __False 5. Approximately one in every _____buyers is a single woman? __28% __57% __69% 7. What percentage of sellers say that they would use their agents again? __60% __32% __23%
Source: N.A.R.’s 1998 Home Buyers & Sellers Report with ideas from Laurie Moore-Moore How does your market savvy measure up? 0-1 Correct answers: It’s back to square one for you, you’ve lost touch. Get your hands on a copy of the National Association of Realtors’ Home Buyers & Sellers Report, and catch up with the rest of the world. 2-5 correct Correct answers: About average. But are you really content to be average, when with a little effort and the information in the Home Buyers & Sellers Report you could out-produce the competition?6-7 Correct answers: Very good! Just a bit more information from the Home Buyes & Sellers Report and you’ll be a super star!6-8 Correct answers: Did you peek? If not, you already understand the power of information and probably have already made a note to order the report (#186-37-RT) from NAR’s Information Central 800-874-6500. Answers to Laurie’s Home Buyers & Sellers Quiz: (1.) 10 properties (median figure) (2.) First time home buyers accounted for 42% of all home sales last year. (3.) Holding an open house (4.) This is false. City and rural sales were both up while suburban sales were down as a percentage of total sales (5.) One in every 18 buyers is a single woman (6.) 57 % (7.) 71% (8.) Only 23% |
