How the Buyers Find Listings on Vancouver Island

The Vancouver Island Real Estate Board recently published stats that they had collated from Buyers who have purchased on Vancouver Island in 2007. The question asked that could be most valuable to both Sellers and Realtors is how the property was found or selected by the Buyers. Not surprisingly over 40% of listings were found on the MLS.ca. Secondly, 30% of homes sold were introduced to the Buyers by their Realtor and his or her web site. The study further breaks down the remaining stats as follows, 11% of properties were found via the Yard Sign, 6% of Buyers were told of the listing via friends or family and lastly only 3% of Buyers found a home from the old fashioned newspaper advertisement which is generally the most costly and least effective tool for the realtors. The benefit of having these stats is it shows home sellers how important it is to wisely to choose a Realtor who focuses on giving you maximum web exposure and who strives to make people aware of his or her websites and web presence.