This is information based on Feb. 06 survey conducted by Maritz Research:
- 63% of home buyers will spend more money if no renovation is needed on a property.
- 83% of home buyers regard the agents' opinion as important.
- 52% of home buyers regard the kitchen as the most important feature in a home.
- 40% of home buyers say a well manicured lawn is important.
- 83% of home buyers like hardwood floors. (clients value what they pay a premium for)
The top three interior features home buyers look for are:
- Fresh interior paint
- Organized Space
- Current flooring
Home Buyer Statistics
- 82% of home buyers look at 12 homes
- The average home buyer will view a property for 3-6 minutes
- Un- staged properties stay on the market for an average of 30.9 days
- Staged properties on average stay on the market for 13.9 days and sell for 6.4% above list price.
- 3% of all homes sell at the open house.
- 74% of home buyers drive by a property first.
- 35% of home buyers view a property in the evening
- The average age of a first time home buyer is 32 years old, with an income of $54,000 per year.
- The average 2nd time home buyer is 45 years old with an income of $79,000 per year.
- 98% of real estate agents say staging is important, but only 20% of real estate agents use staging in their marketing.
- 77% of home buyers use the internet to search for a home, and 93% still use an agent.
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