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Data Shows That Home Buying Habits Continue to Move Towards Online Sources and Away from Agents.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- More homebuyers are using the Internet to find the homes they ultimately purchased, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 industry data compiled by ForSaleByOwner.com (http://www.forsalebyowner.com). From 1997-2007, the real estate marketplace has seen a 15-fold increase in buyers who found the home they purchased on the Internet. During the same period, there has been a 32 percent drop in buyers who found the home they purchased because a real estate agent told them about the property.

"With millions of online real estate searches done monthly, it's no surprise that the Internet is so effective at helping people find their ideal home, condo or vacation property Vacation property is a niche in the real estate market dealing with residences used for holiday vacations (eg. beach house). The rapid development of the Internet and technologies such as telephony and personal digital assistants that allow people to work from home since circa 1995 ," said Greg Healy
    Greg Healy (born September 16 1965) is a former Australian rules footballer who played for Melbourne in the VFL/AFL. His brother Gerard was a Brownlow Medalist.
    , VP of Operations. "This data, which comes from the National Association of Realtors The National Association of Realtors (NAR) is made up of residential and commercial realtors who are brokers, salespeople, property managers, appraisers, and counselors, and others working in the real estate industry. , provides more evidence that real estate consumers are very successful in finding homes on their own."
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    About ForSaleByOwner.com

    ForSaleByOwner.com is the nation's leading for sale by owner For Sale By Owner (abbreviated as FSBO; IPA pronunciation: ['fɪz,bou]) is a real estate term which describes the situation in which a property is offered for sale directly by its owner and without that owner having  website. Since 1999, ForSaleByOwner.com has saved home sellers more than one billion dollars by providing premium Internet marketing services, property pricing reports, real estate guidance and information, downloadable legal forms, as well as live customer support, to help customers independently sell their own homes. The company charges a modest fee for its wide range of advertising and real estate resources, priced from $89 to $899. In contrast, a person selling a $300,000 home through a real estate agent would be charged a 6% commission fee and pay approximately $18,000. Prospective homebuyers can browse property database, available at http://www.forsalebyowner.com, at no charge.
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    Publication:Business Wire
    Date:Aug 13, 2008
    Words:261
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