Key Texas Realtor Stats 2011

Key Texas Realtor Stats 2011

Prepared for Realtors® and Mortgage Lenders

By Referrals Matters and ReferralsMatter.com

 

Buyers and Sellers in Texas

  • 34% of 2011 Texas Home Buyers were First Time buyers in 2011 – NAR
  • The Median Household Income for 2011 Buyers was $92,300 – NAR
  • They typical Texas Buyer saw 10 homes in 10 weeks before buying, 2011 – NAR
  • 92 % of buyers were satisfied with the purchase process in Texas, 90% – NAR

 

Selection of Real Estate Agents

  • 79 % of Real estate clients based their Realtor Selection on Relationship and Personal Characteristics
  • 14 % based Knowledge of Agent,
  • 3 % based on Brokerage or Company Association.

 

Texas Real Estate Sales

  • 57 % of Texas Homes were sold in 2 Months or less
  • 68 % of Texas Homes were sold in 3 Months or less

 

Realtor Referral Stats

  • Nearly 9 out of 10 recent Texas home purchasers would recommend their Realtor – NAR
  • 83% of Sellers would recommend or use Realtor® again, 2011 – NAR
  • However only, 14% actually used their Realtor again, 2011 – NAR

Building Your Business One Referral at a Time