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BUYER'S BROKERAGE FACTS
- In 2003, 63% of buyers who bought a home through
an agent used a buyer representative
- First-time buyers and repeat buyers were equally
likely to use a buyer representative
- Repeat buyers were more inclined than first-time
buyers to use a written agreement
- Buyers in the Northeast were the most likely to
use a buyer representative: buyers in the Midwest were least likely
to use a buyer representative
- Buyers who used their own buyer representative
were slightly more than likely to pay the agent themselves that were
buyers who used the seller's agent
Source: 2003 National Association of REALTORS®
Profile of Home Buyers and Sellers
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