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OFFICIAL MAGAZINE OF THE NATIONAL ASSOCIATION OF REALTORS®

QUIZ: HOW WELL DO YOU KNOW BUYERS AND SELLERS?

 Who are today's buyers and sellers and what do they want when it comes to real estate? Find out just how well you know customers with this interactive quiz, which covers highlights from the 2008 Profile of Home Buyers and Sellers published by the NATIONAL ASSOCIATION OF REALTORS®. The NAR study collected responses from more than 10,000 consumers who recently purchased a home.

1.What is the primary reason buyers give for purchasing a home?





2.What do buyers look for the most in finding the right neighborhood?





3.What do home buyers cite most commonly as a benefit that real estate agents offer them during the purchase of a home?





4.What is the most common incentive that sellers report using to try to lure buyers?





5.What age range represents the largest segment of home buyers?





6.What’s the biggest compromise reported when purchasing a home?





7.What’s the first step that buyers most often take in the home-buying process?





8.What do buyers particularly value when visiting a real estate Web site?





9.What type of mortgage is most popular among first-time and repeat buyers?





10.What was the primary reason given for selling a previous home?