On July 25, 2012, in Did You Know, by Meredith Dunn, Research Communications Representative

  • Buyers look to real estate agents most to help them find the right home. Fifty-five percent of buyers said that what they want most from their agent is help finding the right home.
  • Thirteen percent of buyers wanted their real estate agent to help negotiate the price, and 12 percent wanted help with the terms of sale.
  • The share of home buyers was consistent over first-time and repeat buyers, new and previously owned home buyers, and by household composition.
  • Buyers most often noted that the benefit of having an agent was helping them understand the process (61 percent), more so for first-time buyers (81 percent).
  • Also, more than half of buyers noted that real estate agents pointed out unnoticed features or faults with a property, while over 4 in 10 said real estate agents negotiated better sales contract terms, improved buyers’ knowledge of search areas, and provided a better list of service providers.

Meredith Dunn, Research Communications Representative

Meredith Dunn, Research Communications Representative, manages Real Estate INSIGHTS, the Research Update, and assists in managing Research content on Realtor.org as well as on various social media sites.  She also produces video content for the multimedia portion of the Research site.