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