This Internet Facts page was developed to help the real estate professional know the facts about real estate and the Internet. It can be used for listing presentations, sales meetings, or just general conversations about what is happening in the real estate market with technology and Internet marketing. The information is gathered from many sources and we hope you find it useful in growing your real estate business. 2004 - 103 million estimate Adults 55 and older are the fastest growing group of new users.
Email is the most used communications tool.
For many US households, the Internet has become as much a part of daily life as television. According to the same study, almost three in ten consumers who access the Internet are currently in the market to buy a new property, or have been sometime during the past six months. Although real estate site visitation has increased within the past year, consumers who have searched for properties online report not being as satisfied as they could be with site features. According to the first quarter 2000 results released by California Association of Realtors, the use of the Internet among homebuyers and sellers rose to 42.9 percent in the first quarter of 2000, up from 37.4 percent for the same period a year ago. Also according to the CAR report, use of the Internet among sellers among sellers is also rising, from 14.4 percent a year ago Q1 to 18.5 percent Q1 2000.