property

The challenges in the current real estate market are plentiful. Beyond the economic woes, the property real estate agent is confronting a new client. The average age of real estate agents in the US and Canada is about 52, according to the National Association of Realtors, but the median age of the current property buyer is 31.

The way the new property buyer looks for real estate is very different than the traditional agent relationship. Gen X and Gen Y clients are using social networking, internet and other technology tools to shop for their home, with 84% initially finding the home they eventually buy on the internet. Additionally, property investment agents are becoming younger and younger.

Local real estate agents have had to add more technology to their skill set, including blogs, twitter and FaceBook sites and updated web sites with video and more detailed images. For some cutting edge, next generation possibilities in real estate technology; check out the Google Earth Blog

by Todd Mumford Are you a writer, passionate about this or any other topic? Join Blogcritics!

Original Technorati articles tagged “property”

• in Finance
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  In these economically uncertain times, is gold as brilliant an investment choice as we think?
  by marileis / on Dec 6, 2011
• in DIY
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  add style to a kitchen with mimimal cost
  by eurofit / on Nov 10, 2011
• in Travel
  Phuket Property: Location, Location, Location - Part 2
  During the six years that I’ve lived in Phuket, Thailand I have visited just about every property development on the island and got to know all the towns - including the back streets.
  by / on Nov 10, 2011

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