Survey results show 2.6% of the real estate professionals glean more than 20% of their business from the Internet while 11.7% credit it with providing 6% to 10% of their business. Meanwhile, 42.3% say 1% to 5% of their business consists of Internet transactions.
E-mail and ISPs have rapidly become a B2B portal for the industry, with 25% of the respondents reporting they have personal Web sites and 25% have company sites. Forty percent report properties are being listed online, with the second-highest use being advertising. An in-depth look at the survey will be released in October via a center publication.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
