Did you know that if Facebook were a country it would be the 4th most populous in the world? Or that 84% of home buyers consult the Internet when searching for a home? Here are the latest usage statistics on social networks that every Real Estate Professional needs to know.
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Alarming Social Media Statistics for Real Estate Professionals
1.
2. “Two-thirds of the worlds
population visit Social Networks or
Blogging Sites”
Nielsen Online
http://blog.nielsen.com/nielsenwire/wp-
content/uploads/2009/03/nielsen_globalfaces_mar09.p
df
3. “Social Networks and Blogging Sites
account for 10% of all time spent on
the Internet.”
Nielsen Online
http://blog.nielsen.com/nielsenwire/wp-
content/uploads/2009/03/nielsen_globalfaces_mar09.p
df
4. “Member Communities have grown
more than twice as much as any other
online sector in the past year.”
Nielsen Online
http://blog.nielsen.com/nielsenwire/wp-
content/uploads/2009/03/nielsen_globalfaces_mar09.p
df
5. “Between December 2007 and December
2008, the amount of time spent on Member
Community sites rose to 45 billion minutes
(63%); and on Facebook to 20.5 billion
minutes (566%).”
Nielsen Online
http://blog.nielsen.com/nielsenwire/wp-
content/uploads/2009/03/nielsen_globalfaces_mar09.p
df
6. “Facebook has 37.7 million users
between
35 and 64 years old”
Nielsen Online
http://blog.nielsen.com/nielsenwire/wp-
content/uploads/2009/03/nielsen_globalfaces_mar09.p
df
7. “50% of Internet users in the US
regularly read blogs.”
eMarketer (May 2008)
http://technorati.com/blogging/state-of-
the-blogosphere/
8. “12% of Internet users in the US have
their own blog.”
eMarketer (May 2008)
http://technorati.com/blogging/state-of-
the-blogosphere/
9. “On average, bloggers use 5 different
techniques to drive traffic to their blog.”
Technorati (2008)
http://technorati.com/blogging/state-of-
the-blogosphere/
10. “In July of 2009, Twitter had over
23 million unique visitors.”
Compete.com
http://siteanalytics.compete.com/twitter.
com/
11. “In August of 2009, LinkedIn reached
45 million registered users.”
Techcrunch.com
http://www.techcrunch.com/2009/08/1
2/linkedin-reaches-45-million-users/
13. “72% of employers plan to invest more
in recruiting through social networks.”
Jobvite (2009)
http://www.jobvite.com/Recruiting/Jobvi
te-2009-Social- Recruitment-Survey.aspx
14. “YouTube is the #1 video site on the
web, with 300 million visitors each
month.”
Clean Cut Media (2009)
http://www.thatagency.com/design-studio-
blog/2009/07/social-media-statistics-for-2009/
15. “72.5% of people in the US
regularly go online.”
InternetWorldStats.com
http://www.gstatic.com/youtube/engagement
/platform/autoplay/advertise/downloads/You
Tube_InTheKnow.pdf
16. “47% of YouTube’s users have
annual incomes of over $75,000.”
http://www.gstatic.com/youtube/engage
ment/platform/autoplay/advertise/down
loads/YouTube_InTheKnow.pdf
17. “15 hours of video are uploaded
to YouTube every minute.”
YouTube Internal Data, February 2009
http://www.gstatic.com/youtube/engagement/plat
form/autoplay/advertise/downloads/YouTube_InT
heKnow.pdf
18. “Over 100,000,000 videos are viewed on YouTube
daily .”
YouTube Internal Data, February 2009
http://www.gstatic.com/youtube/engagement/plat
form/autoplay/advertise/downloads/YouTube_InT
heKnow.pdf
19. “Channel subscriptions and user
uploads to YouTube doubled from
2008 to 2009.”
YouTube Internal Data, February 2009
http://www.gstatic.com/youtube/engagement/plat
form/autoplay/advertise/downloads/YouTube_InT
heKnow.pdf
20. “50.2 million YouTube users are
over the age of 35.”
Nielson (December 2008)
http://www.gstatic.com/youtube/engagement/plat
form/autoplay/advertise/downloads/YouTube_InT
heKnow.pdf
22. “If YouTube were a country, it would
be the third-most populated in the
world .”
comScore
http://www.gstatic.com/youtube/engagement/plat
form/autoplay/advertise/downloads/YouTube_InT
heKnow.pdf
23. “The average US viewer spends
more than 5 hours each month
watching online videos.”
comScore Video Metrix, December 2008
http://www.gstatic.com/youtube/engagement/plat
form/autoplay/advertise/downloads/YouTube_InT
heKnow.pdf
24. “The average online video is
3.2 minutes long.”
comScore Video Metrix, December 2008
http://www.gstatic.com/youtube/engagement/plat
form/autoplay/advertise/downloads/YouTube_InT
heKnow.pdf
25. “4.1% of US Internet users
have uploaded a video to a
website in the last month.”
Mediamark Research & Intelligence, January 2009
http://www.gstatic.com/youtube/engagement/plat
form/autoplay/advertise/downloads/YouTube_InT
heKnow.pdf
26. “55% of REALTORS® would like to
receive information on real estate
productivity & enhancement tools
for their mobile device.”
2009 REALTOR® technology report
http://www.realtor.org/wps/wcm/connect/54d719804f2807a
ca5f1e74e813808c1/2009+Tech+Report+-
+v1.pdf?MOD=AJPERES&CACHEID=54d719804f2807aca5f1e7
4e813808c1
27. “In 2008, 32% of REALTORS® used
social media sites.
In 2009, the number rose to 84%.”
2009 REALTOR® technology report
http://www.realtor.org/wps/wcm/connect/54d719804f2807a
ca5f1e74e813808c1/2009+Tech+Report+-
+v1.pdf?MOD=AJPERES&CACHEID=54d719804f2807aca5f1e7
4e813808c1
28. “25% of REALTORS® post to their
own blog for business purposes.”
2009 REALTOR® technology report
http://www.realtor.org/wps/wcm/connect/54d719804f2807a
ca5f1e74e813808c1/2009+Tech+Report+-
+v1.pdf?MOD=AJPERES&CACHEID=54d719804f2807aca5f1e7
4e813808c1
29. “By 2010 Gen Y will outnumber Baby
Boomers, 96% of them have joined a
social network .”
Grunwald Associates National Study
http://socialnomics.net/2009/08/11/statistics-
show-social-media-is-bigger-than-you-think/
30. “1 out of every 8 couples
married in the U.S. in 2008
met via social media.”
McKinsey Study
http://socialnomics.net/2009/08/11/statistics-
show-social-media-is-bigger-than-you-think/
31. Years to reach 50 millions users:
Radio 38 Years
TV 13 Years
Internet 4 Years
iPod 3 Years
United Nations Cyberschoolbus Document
http://socialnomics.net/2009/08/11/statistics-
show-social-media-is-bigger-than-you-think/
32. Facebook added 100 million
users in less than 9 months.
United Nations Cyberschoolbus Document
http://socialnomics.net/2009/08/11/statistics-
show-social-media-is-bigger-than-you-think/
33. If Facebook were a country it would
be the world’s 4th largest, between
the United States and Indonesia
Facebook.com
http://socialnomics.net/2009/08/11/statistics-
show-social-media-is-bigger-than-you-think/
34. “80% of companies use LinkedIn as a
primary tool to find employees.”
jobvite
http://socialnomics.net/2009/08/11/statistics-
show-social-media-is-bigger-than-you-think/
35. “The fastest growing demographic
on Facebook is females aged 55-65.”
Inside Facebook Blog
http://socialnomics.net/2009/08/11/statistics-
show-social-media-is-bigger-than-you-think/
36. “More than 1.5 million pieces of content
(web links, news stories, blog posts, notes,
photos) are shared on Facebook daily.”
Facebook.com
http://socialnomics.net/2009/08/11/statistics-
show-social-media-is-bigger-than-you-think/
37. “In the near future we will no longer
search for products and services
they will find us via social media.”
Socialnomics
http://socialnomics.net/2009/08/11/statistics-
show-social-media-is-bigger-than-you-think/
38. “77% of buyers use the web as a
resource to find a home.”
National Association of Realtor Profile of Home
Buyers and Sellers
http://www.buy-and-sell-house-fast.com/buy-
house/buy-a-house-online.shtml
39. “Agents who want to maintain their competitive
edge will need to become familiar with the ever
growing array of online consumer home-buying
tools, broaden their online presence, and enhance
their communication with clients through the use of
the latest Web trends such as blogs and podcasts .”
CAR- 2006 Internet versus Traditional Buyers Survey
http://www.car.org/economics/currentresearch/2
006currentresearch/internetbuyer2006/?version=
1
40. “In 2006, Internet buyers spent 2.2
weeks looking for the home they
ultimately purchased, compared with
7.1 weeks for traditional buyers.”
C.A.R.'s 2006 Internet Versus Traditional Buyer Survey
http://www.car.org/newsstand/crem/forbrokersandma
nagers2/march20082/Whatinternetbuyerswant/
41. “Daily use of social media by
adults rose from 8% in 2005 to
35% in 2009.”
http://ateblog.com/social-media-for-realtors-
should-you-really-care-about-it-absolutely-yes/
42. “66% of LinkedIn users are decision
makers or have influence in the
purchase decisions at their
companies.”
http://socialmediastatistics.wikidot.com/linkedin/
43. “There are over 3 million tweets
posted to Twitter every day”
http://socialmediastatistics.wikidot.com/twitter
44. “80% of Twitter posts are made via mobile phone.”
http://socialmediastatistics.wikidot.com/twitter
45. “The median age of a Twitter
user is 31.”
http://www.marketingnewconstruction.com/tag/s
ocial-media/
46. “44% of Inc. 500 companies consider
social media technologies ‘very
important’ for their
business/marketing strategy.”
http://www.umassd.edu/cmr/studiesresearch/blo
gstudy5.pdf
47. What Repeat Buyers Want Most From Real
Estate Professionals
Help you find the right house to purchase - 53%
Help with price negotiations - 13%
Tell you what comparable homes are selling for - 11%
Help determining how much buyer can afford - 11%
Help with paperwork - 8%
Help find and arrange financing - 2%
2007 National Association of REALTORS®
Profile of Home Buyers and Sellers
48. Information Sources Used in Home Search
Real estate agent - 84%
Internet -84%
Yard sign - 59%
Open house - 48%
Home book/magazine - 31%
Builders - 24%
Television - 9%
Billboard - 7%
Relocation company - 5%
2007 National Association of REALTORS®
Profile of Home Buyers and Sellers
49. “50% of REALTORS® communicate with
their clients by e-mail more than 50% of
the time.”
2007 National Association of REALTORS®
Profile of Home Buyers and Sellers
50. “More than 90 percent of home
buyers 44 years old or younger used the
Internet as a source of information
during the home buying process.”
2008 National Association of REALTORS®
Profile of Home Buyers and Sellers
51. “Internet Buyers preview an average of 6.65 homes before
buying, while the traditional buyer previews 21.7.”
http://www.squidoo.com/realestatewebsitesta
tistics
52. “The average Internet buyer invests 6 weeks of research
before contacting an agent. The traditional buyer researches
homes for less than 2 weeks before contacting a Real Estate
Agent.”
With this in mind, who do you think is going to be the easier
client?
http://www.squidoo.com/realestatewebsitesta
tistics