Wednesday, September 21, 2005

Real estate and the internet, and real estate market conditions

The California Association of Realtors (CAR) is holding their annual convention this week. It's being held in San Diego.

Having just returned from the convention, we can tell you that the realtors in attendance are all wondering what is going to happen in the coming months with regard to the real estate market. Some feel we are already experiencing a slower-paced real estate market is what we were hearing.

The CAR released a new study at the opening session of the convention on Tuesday. The "2005 Use of Technology Survey" studies the way Realtors® use technology in their business. With more and more products offered to enhance real estate professionals and how they do business, this important survey confirms how important technology is in our business.

Some interesting statistics from the survey are:
- 46% of Realtors® use e-mail as their primary form of communication with their clients;
- 33% of Realtors®’ business is coming from the Internet.

To read more, go here.

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