People who are selling their homes should know something about the market group from which their buyers are likely to appear. Many homes are perfect for a first-time buyer. First-time buyers are making a major purchase they have never attempted before, and may be unusually subject to the inevitable stress and anxiety that goes with buying a home.

First-time home buyers are usually younger (between 25 and 34 years of age) and have distinct buying patterns. First-timers are often looking for homes that are smaller, and perhaps older, than repeat buyers. The median home size for first-time buyers is about 1450 square feet. Approximately four in ten first-timers will buy homes built before 1960, compared to two in ten repeat buyers.

First-time buyers are in the process of developing a clearly defined sense of what they want in a house. They may not have enough money to buy their ultimate dream home at first, but seventy-four percent say they like their new home better than their previous residence.

	See All Tips In The "Buyers Remorse" Category >
	See Complete Library Of Hundreds Of Tips In 30+ Categories >

Robertson-O'Sullivan Team
Aldridge & Southerland Realtors
226 Commerce Street
Greenville, NC 27858
252-531-4116
patrickrobertson@NUMBER1EXPERT.com

www.therobertsonosullivanteam.com is brought to you by Robertson-O'Sullivan Team
NUMBER1EXPERT™ in real estate for Greenville, Winterville and Ayden, North Carolina

Read Robertson-O'Sullivan Team's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge