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74% of Fla. home sellers hire

ORLANDO, Fla. – Jan. 27, 2016 – According to the just-released 2015 Profile of Home Buyers and Sellers Florida Report, three out of four home sellers (74 percent) contacted only one real estate agent before agreeing to list their home for sale.

In addition, 74 percent of Florida sellers said they recommended that agent at least once to family or friends after the deal closed.

On the buyer side, two out of three (66 percent) interviewed only one real estate agent before agreeing to work with him or her.

Survey highlights

Florida sellers and real estate pros

88% of sellers listed their homes on a Florida Multiple Listing Service (MLS)
83% of Florida agents receive their compensation predominantly from sellers
74% of sellers referred another potential seller to their agent three or more times after the sale
76% said that they would definitely recommend their agent for future services; 11% said they would “probably” recommend

Florida buyers and real estate pros

83% percent of recent Florida buyers purchased their home through a real estate agent or broker
59% worked with an agent to help them “find the right home” – the top reason for working with an agent
36% of buyers used an agent referred to them by a friend, neighbor or relative
89% would use their agent again or recommend their agent to others

Florida homebuyer characteristics

25% in Florida were first-time buyers
The typical buyer was 41 years old with a median income of $80,100
65% of recent Florida buyers were married, 16 percent single females, 9% single males and 7% unmarried couples
15% of buyers purchased a multi-generational home to take care of aging parents or because children over age 18 moved back in
89% percent of recent buyers identified as heterosexual and 5% as gay or lesbian
25% of recent buyers were veterans – 2% are active-duty service members
The primary reason for purchasing: A desire to own a home of their own (23%)

Characteristics of Florida homes purchased – Read More Click Here

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