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
Source: 2003 National Association of REALTORS® Profile of Home Buyers and Sellers
