Internet’s Increasing Role in Real Estate Sales

By Deane Barker on December 5, 2003

Internet Homebuyers Save Time, Spend More Money: That’s a lot of money for Net geeks to spend on a house.

It may surprise some that the average priced home bought by an Internet homebuyer is $462,000. It may surprise most Realtors that the Internet homebuyer typically does more research than do homebuyers calling on their newspaper ad to see homes, and that Internet homebuyers are quickly becoming the majority of homebuyers.