Eighty-four percent of repeat homebuyers sold their previous home at the same time they purchased their new residence.

Repeat homebuyers needed only four weeks to sell their previous home.

Nearly four out of five homeowners sold their previous home with the assistance of a real estate agent.

Sellers of homes typically interviewed just one real estate agent before selecting the agent who ultimately sold the home.

Over half of home sellers chose their agent based on prior interaction with the agent or based on a referral from friends, relatives, or another broker.

The most widely reported marketing tools for agent-assisted transactions were yard signs, newspaper advertisements, and the Internet.

Seven out of ten sellers said that they would use the same agent in future transactions.

Forty percent of sellers used the same real estate professional who assisted them in selling their previous home to help in their most recent purchase.

Thirteen percent of homes were sold by the owner directly (FSBO).

Sellers of homes who sold their homes themselves (FSBO) tended to be older and earned less money than agent-assisted sellers.

Homes sold with the assistance of a real estate professional had a median sales price 27 percent higher than those sold FSBO.