What makes military homebuyers different from others

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A smiling female real estate agent standing in a vacant room hands a key to a man.

07/12/2016 | Author: Editorial Staff

Veterans and active-service members of the military turned to the web to search for homes for sale as the first step in the homebuying process, according to NAR’s Veterans and Active Military Home Buyers and Sellers Profile. In fact, 38% of veteran buyers and 40% of active-duty military looked online first, while 17% of veterans and 20% of active-service members contacted a real estate agent as the first step in their process.

Real estate agents are still an important part of home purchases for military homebuyers, though. According to the report, real estate agents were the most frequently used information source in the home search process.

Military homebuyers tend to search for homes for less time, too. Among all types of buyers, the length of a home search was 10 weeks, but military homebuyers searched for only eight weeks.

Ready to provide high-quality service to members of the military? Get advice from Texas REALTOR® magazine about what military homebuyers need from you

Categories: Business tips, Research, Buyers
Tags: buyers, buying, texas realtor magazine, military


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