{"id":4089,"date":"2017-05-02T19:32:45","date_gmt":"2017-05-02T19:32:45","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/buyers-are-surveys-right-about-you\/"},"modified":"2017-05-02T19:32:45","modified_gmt":"2017-05-02T19:32:45","slug":"buyers-are-surveys-right-about-you","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/buyers-are-surveys-right-about-you\/","title":{"rendered":"Buyers: Are Surveys Right About You?"},"content":{"rendered":"<p>\n<\/p>\n<div readability=\"65.721680553093\">\n<p>Homebuyer Surveys and Polls are a sure sign of spring, but are they a sure sign of what buyers should do?<\/p>\n<p>Surveys don&#8217;t include interviews with every buyer in every state across the country. The sample of hundreds or thousands chosen to represent the total number of homebuyers out there may or may not include buyers with a lot in common with you.<\/p>\n<p>Polls usually involve phone calls or online responses from small numbers. We all know how accurate polls have proven to be.<\/p>\n<p>This means some surveys or polls will sound &#8220;right&#8221; because they reflect what you plan; others will seem &#8220;off&#8221; because they don&#8217;t fit your point of view:\n\t\t\t\t<\/p>\n<ul>\n<li>When a survey matches your plans, don&#8217;t take this as proof you&#8217;ve made the right choice. If the results are accurate, what they may indicate is that there will be competition for what or where you want to buy. Forewarned is forearmed.<\/li>\n<p>&#13;<\/p>\n<li>If the survey or poll does not reflect your buying plans, dig deeper to learn which questions were asked and what these new ideas involve. This disconnect may <a href=\"https:\/\/amazingproperty.com.ng\/blog\/tips-for-house-price-negotiation\/\">offer<\/a> fresh buying perspectives that may be worth considering or the whole thing could be merely a marketing promotion. New ideas can mean broader opportunities, but survey or poll intent must always be considered.<\/li>\n<p>&#13;\n<\/ul>\n<p><b>Surveys, polls, and studies \u2014 only a small percentage of them scientific \u2014 are at the core of much of the content, online and off, that we consume as news, research, and entertainment. <\/b><\/p>\n<p>When these fact-waving snippets declare what a majority of people are doing about <a href=\"https:\/\/amazingproperty.com.ng\/blog\/the-steps-to-buying-a-house\/\">buying a house<\/a> or condominium or arranging a <a href=\"https:\/\/amazingproperty.com.ng\/blog\/mortgage-preapproval-guide-for-home-buyers\/\">mortgage<\/a>, do you have these results in perspective?<\/p>\n<ul>\n<li><b>The bias of a survey or poll<\/b> is important to consider since they have become less about science and more about powerful sales content. Who benefits from the slant of the survey or the poll results? Who is trying to persuade buyers to do what? If it is the same company or organization that is paying for the survey or sponsoring the poll, how reliable are the results?<\/li>\n<p>&#13;<\/p>\n<li><b>How the target group is defined matters.<\/b> For instance, millennials are popular targets of <a href=\"https:\/\/amazingproperty.com.ng\/blog\/construction-loans-for-commercial-and-residential-builders\/\">lenders<\/a> and <a href=\"https:\/\/amazingproperty.com.ng\/blog\/property-center-nigeria\/\">real estate<\/a> brokerages since this buying segment is considered the prime real estate market. Yet, millennial definitions vary and are essentially centered on age, like age 18 to 34. Do you act the same and want the same things as everyone else with your chronological age?<\/li>\n<p>&#13;<\/p>\n<li><b>Don&#8217;t rely exclusively on search engine results.<\/b> Go directly to key real estate market players to learn what their research reveals. This insider view of buying and selling can provide valuable insight. For instance:&#13;\n<ul>\n<li>Fannie Mae annually produces the National <a href=\"https:\/\/amazingproperty.com.ng\/blog\/sell-your-home-online-fast\/\">Housing<\/a> Survey (NHS) and Mortgage <a class=\"wpil_keyword_link\" href=\"https:\/\/amazingproperty.com.ng\/blog\/loan-for-real-estate-investors-just-got-easier-online\/\"   title=\"Lender\" data-wpil-keyword-link=\"linked\">Lender<\/a> Sentiment Survey. The NHS explores the Fannie Mae <a href=\"https:\/\/amazingproperty.com.ng\/blog\/home-purchase-now\/\">Home Purchase<\/a> Sentiment Index<sup>\u00ae<\/sup> (HPSI), which is based on six components including job security, that reflect buyer attitudes and activity within the context of the economy. As you read this Survey, consider how the six components would influence your finances and decision making.<\/li>\n<p>&#13;<\/p>\n<li>The National Association of <a href=\"https:\/\/amazingproperty.com.ng\/blog\/estate-agents-nearby\/\">REALTORS<\/a> provides useful publications like the <i>Home Buyers and Sellers Generational Trends Report<\/i>. This report contributes insight into differences and similarities across generations of home buyers and home sellers. Articles exploring seller issues like &#8220;More Ultra-Luxury Sellers Face \u2018Stale&#8217; Listings&#8221; can also provide useful perspectives for buyers.<\/li>\n<p>&#13;<\/p>\n<li>Content directed at real estate professionals can prove enlightening for buyers and sellers. For instance, the second annual <i>Homebuyer Insights Report<\/i> (HIR) from Bank of America was recently released with the intent of &#8220;revealing unique and surprising trends among homebuyers, which will provide helpful insights into homebuyer attitudes for real estate professionals.&#8221;<\/li>\n<p>&#13;<\/p>\n<li>The HIR describes first-time buyers as &#8220;juggling a variety of financial responsibilities: paying off debts\/bills (61%), improving credit scores (47%), saving for a new home (45%) and paying off student <a href=\"https:\/\/amazingproperty.com.ng\/blog\/fast-flexible-real-estate-loans-usa\/\">loans<\/a> (32%) are major priorities.&#8221;<\/li>\n<p>&#13;<\/p>\n<li>In the Report, current owners&#8217; advice for purchasing includes: &#8220;start saving sooner (60%), consider the maintenance costs and unexpected expenses (42%), create and stick to a budget (35%) and buy early to build equity (21%).&#8221;<\/li>\n<p>&#13;<\/p>\n<li>Highlights from the report include: &gt; 68% of millennial homeowners surveyed say their current home is a &#8220;stepping stone&#8221; to their forever home &gt; 86% of millennial homeowners believe owning a home is more affordable than renting &gt; 35% of prospective homebuyers have already started to plan for a down payment; only 21% think they can currently make one &gt; 47% of prospective buyers think they would qualify for a down payment assistance program; of those, 87% say they would take advantage of these programs.<\/li>\n<p>&#13;\n<\/ul>\n<\/li>\n<p>&#13;\n<\/ul>\n<p><b>However exciting a survey or poll is, don&#8217;t rely exclusively on these sources to make decisions to do or not do something related to buying or selling. Your own informal survey may be more relevant:<\/b><\/p>\n<ul>\n<li>Ask a lot of questions and listen to the answers. Investigate what friends, colleagues, and locals have learned the hard way about buying or selling real estate in your preferred neighborhoods.<\/li>\n<p>&#13;<\/p>\n<li>Question real estate professionals who are active in those areas to learn about the reality of how buyers choose and what they are missing out on. Many of these professionals share their expertise on RealtyTimes.com.<\/li>\n<p>&#13;\n<\/ul>\n<p><b>Hindsight is often the clearest vision buyers and sellers possess.<\/b> Make sure your hindsight is a pat on the back not a kick in the pants. Learn from the experience of others.<\/p>\n<p>You&#8217;re not searching for reasons to <i>avoid<\/i> buying or selling, but for observations and details on how to be successful with your real estate transaction.<\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"http:\/\/realtytimes.com\/consumeradvice\/buyersadvice\/item\/1001881-20170503-buyers-are-surveys-right-about-you?\"> link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Homebuyer Surveys and Polls are a sure sign of spring, but are they a sure sign &hellip; <a title=\"Buyers: Are Surveys Right About You?\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/buyers-are-surveys-right-about-you\/\"><span class=\"screen-reader-text\">Buyers: Are Surveys Right About You?<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":4090,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[981,4751,518,1403,15239,625,12908,543,10,5254,627,617,604,1004,408,258,1007,41,818,84,200,2878,219,645,15282,61,15296],"class_list":["post-4089","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-a-house","tag-amazing","tag-america","tag-buy","tag-chase","tag-down-payment","tag-home","tag-home-buying-guide","tag-home-sell","tag-home-sellers","tag-homeowners","tag-house","tag-loans","tag-marketing","tag-mortgage","tag-new-home","tag-owners","tag-property","tag-real","tag-real-estate","tag-real-estate-broker","tag-real-estate-market","tag-realty","tag-renting","tag-ross","tag-seller","tag-target"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/43ac59a569c59f790a49493c5d1d55e6_M.jpg?fit=300%2C215&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":3706,"url":"https:\/\/amazingproperty.com.ng\/blog\/green-matters-in-real-estate-surveys-show\/","url_meta":{"origin":4089,"position":0},"title":"Green Matters in Real Estate, Surveys Show","author":"Amazing Property","date":"April 21, 2017","format":false,"excerpt":"Your clients want to hear more about green real estate and why it matters, surveys show. Whether they're first-time buyers or existing homeowners, consumers are showing more desire to learn more about environmental matters in housing. Read more: Clients Want You to Talk Sustainability to Them Indeed, 61 percent of\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/green.jpg?fit=505%2C1200&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":5534,"url":"https:\/\/amazingproperty.com.ng\/blog\/home-buyer-regrets-are-a-reality\/","url_meta":{"origin":4089,"position":1},"title":"Home Buyer Regrets Are A Reality","author":"Amazing Property","date":"July 31, 2017","format":false,"excerpt":"Home buyers have regrets about the home they purchase. That's the reality of home buying. There will be regrets. Hopefully, they'll be regrets you can learn to live happily with.\r \r If you were to buy a pair of shoes or a car without more research than quickly hearing their\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/07\/c5befb8cd67d0f374aef1ac2f01f12f8_M.jpg?fit=300%2C201&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":7094,"url":"https:\/\/amazingproperty.com.ng\/blog\/2017-homebuyer-survey-contains-valuable-information-for-agents-and-sellers\/","url_meta":{"origin":4089,"position":2},"title":"2017 Homebuyer Survey Contains Valuable Information For Agents And Sellers","author":"Amazing Property","date":"November 13, 2017","format":false,"excerpt":"One of the most useful research projects of the National Association of REALTORS\u00ae (NAR) is the annual survey of homebuyers and sellers. It is particularly useful because it shows sellers and their agents what works and what sources buyers use to find their new homes.\r \r This is the 36th\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"903d85408c8809e75c62ced5cf232f8b S.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/903d85408c8809e75c62ced5cf232f8b_S.jpg?fit=424%2C276&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1145,"url":"https:\/\/amazingproperty.com.ng\/blog\/loan-demand-sluggish-heading-into-spring\/","url_meta":{"origin":4089,"position":3},"title":"Loan Demand Sluggish Heading Into Spring","author":"Amazing Property","date":"February 22, 2017","format":false,"excerpt":"[ad_1] As real estate heads into its busy spring season, consumers aren't showing typically large demand for mortgage loans just yet. Total mortgage application volume, which includes refinances and home purchases, dropped 2 percent week over week for the week ending Feb. 17, the Mortgage Bankers Association reports. Total mortgage\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35917,"url":"https:\/\/amazingproperty.com.ng\/blog\/homebuilding-slows-as-buyers-hesitate\/","url_meta":{"origin":4089,"position":4},"title":"Homebuilding Slows as Buyers Hesitate","author":"Amazing Property","date":"May 20, 2022","format":false,"excerpt":"Rising mortgage rates and ongoing supply chain disruptions are pressing on new-home costs and taking a toll on construction, homebuilders report. Single-family housing starts fell for the second consecutive month, dropping 7.3% in April to a seasonally adjusted annual rate of 1.10 million, the Commerce Department reported this week. \u201cLower\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"scale your real estate business","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2022\/01\/Home-Loan.jpg?fit=1024%2C864&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2022\/01\/Home-Loan.jpg?fit=1024%2C864&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2022\/01\/Home-Loan.jpg?fit=1024%2C864&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2022\/01\/Home-Loan.jpg?fit=1024%2C864&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":4441,"url":"https:\/\/amazingproperty.com.ng\/blog\/developers-need-get-properties-nbn-ready\/","url_meta":{"origin":4089,"position":5},"title":"Why developers need to get their properties nbn-ready","author":"Amazing Property","date":"May 12, 2017","format":false,"excerpt":"\u00a0 Savvy developers take note \u2013 fast broadband, via services over the nbn network, is increasingly making top spot on the list of priorities for new home buyers.1 Once relegated to the wish lists of many a house hunter, broadband internet is now becoming a must-have, as Julian Nachmias,\u00a0nbn General\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"nbn-ready","src":"https:\/\/i0.wp.com\/www.realestate.com.au\/blog\/wp-content\/uploads\/2017\/04\/11145538\/Why-developers-need-to-get-their-properties-nbn-ready-1-1024x683.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.realestate.com.au\/blog\/wp-content\/uploads\/2017\/04\/11145538\/Why-developers-need-to-get-their-properties-nbn-ready-1-1024x683.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.realestate.com.au\/blog\/wp-content\/uploads\/2017\/04\/11145538\/Why-developers-need-to-get-their-properties-nbn-ready-1-1024x683.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.realestate.com.au\/blog\/wp-content\/uploads\/2017\/04\/11145538\/Why-developers-need-to-get-their-properties-nbn-ready-1-1024x683.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/4089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=4089"}],"version-history":[{"count":1,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/4089\/revisions"}],"predecessor-version":[{"id":92903,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/4089\/revisions\/92903"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/4090"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=4089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=4089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=4089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}