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NAR/ASHI 2001 Home Inspection Survey
Details of Major Findings: Real Estate Agent Survey

1. Number of existing single family homes (including town homes) sold by the realtor during the past twelve months (calendar year 2000):
 
1 5%
2 2%
3 7%
4 5%
5 5%
6 5%
7 5%
8 3%
10 11%
12 4%
15 8%
18 2%
19 1%
20 10%
22 2%
23 1%
24 2%
25 7%
28 1%
30 4%
35 1%
40 1%
50 3%
60 2%
 
2. Number of existing single family homes sold during the past twelve months (calendar year 2000) involving home inspections:
 
0 2%
1 9%
2 7%
3 7%
4 4%
5 6%
6 6%
7 5%
8 4%
9 1%
10 8%
11 2%
12 2%
14 1%
15 7%
17 1%
18 1%
19 1%
20 5%
22 1%
23 1%
24 2%
25 4%
30 5%
40 2%
60 1%
 
3. Number of new homes (built within the year) sold during the past twelve months (calendar year 2000):
 
0 64%
1 9%
2 9%
3 7%
4 3%
5 2%
6 2%
12 1%
 
4. Number of new homes (built within the year) sold during the past twelve months (calendar year 2000) involving home inspections:
 
0 84%
1 8%
2 2%
3 3%
 
5. Number of condominium/co-op units (attached) sold during the past twelve months (calendar year 2000):
 
0 47%
1 19%
2 9%
3 9%
4 8%
5 1%
6 1%
10 3%
12 1%
15 1%
 
6. Number of condominium/co-op units (attached) sold during the past twelve months (calendar year 2000) involving home inspections:
 
0 55%
1 19%
2 7%
3 7%
4 4%
5 2%
6 1%
10 2%
15 1%
 
7. Based on realtor listing for last year, number of homes receiving a seller-initiated home inspection prior to the listing:
 
0 67%
1 1%
2 4%
3 1%
4 3%
5 2%
6 4%
8 2%
10 5%
11 1%
12 2%
15 4%
 
8. Based on realtor listing for last year, number of homes receiving a seller-initiated home inspection prior to the listing in the MLS:
 
0 71%
1 4%
2 6%
3 6%
4 4%
5 5%
6 3%
 
9. Average percentage of buyers requesting a home inspection as a part of their purchase contract:
 
20 1%
25 2%
30 3%
50 12%
60 2%
70 1%
75 1%
80 6%
85 3%
90 7%
95 4%
98 1%
99 1%
100 50%
 
10. In a typical contract for purchase there is a pre-specified contingency provision for a home inspection:
 
Yes 73%
No 27%
Unsure 0%
Other 0%
 
11. When a buyer or seller initiates a home inspection, the home inspector is chosen through:
 
My broker/company provides a list of recommended inspectors 37%
I recommend a single inspector to be retained 8%
I recommend two or more inspectors that could be retained 42%
I recommend my buyer contact a professional home inspector organization 7%
My buyers usually select their own inspector 10%
Other 0%
 
12. Things liked least about the home inspection process:
 
Quality of inspection 1%
Takes too long 7%
Inspector does not have a state license 1%
Some inspectors not qualified 1%
Sometimes make problems seem worse than they are 6%
Hard to schedule a home inspection 1%
Sometimes miss items, problems 3%
Bring up small things that are not important 12%
Nothing, no dislikes 64%
Reports hard to understand 2%
Expensive 2%
 
13. Frequency of recommendations for home inspections:
 
Always 92%
Often 7%
Sometimes 0%
Rarely 0%
Never 0%
 
14. Realtors encountering difficulty (in the year 2000) in finding home inspectors qualified to inspect FHA or HUD properties:
 
Yes 5%
No 62%
No, do not handle FHA or HUD properties 33%
 
15. Under the FHA program, borrowers are required to sign a form explaining the importance of a home inspection and the difference between a home inspection and an appraisal. The use of this form has had the following impact on realtor transactions:
 
Helped the transaction process 15%
Hindered the transaction process 7%
No effect on the transaction process 45%
Other 0%
Do not handle FHA loans or HUD properties 33%
 
16. Because of FHA requirements, are borrowers more inclined or less inclined to request a home inspection:
 
More 20%
Less 6%
No difference 42%
Unsure 0%
Do not handle FHA loans or HUD properties 33%
 
17. Type of real estate license respondents have
 
Broker 34%
Sales agent 66%
Other 0%
 
18. Number of years respondents have been in real estate sales:
 
0-5 22%
6-10 18%
11-15 26%
16-25 28%
Over 25 7%
 
19. Size of the real estate company respondents are affiliated with:
 
1-5 agents 28%
6-10 agents 6%
11-20 agents 18%
21-50 agents 17%
Over 50 agents 30%
 
20. Region respondents live in:
 
Northeast 25%
Midwest 25%
South 25%
West 25%
 
21. Gross personal income for the year 2000 from all real estate activities:
 
$10,000-$24,999 3%
$25,000-$34,999 9%
$35,000-$49,999 16%
$50,000-$74,999 16%
$75,000-$99,999 12%
$100,000-$149,999 18%
$150,000-$249,999 4%
$250,000-$499,999 0%
$500,000-$999,999 0%
$1 million or more 0%
Refused 0%
Question not asked 20%
 
22. Percentage of buyers terminating a purchase contract as a result of a home inspection:
 
Zero 76%
1-5% 21%
6-10% 4%
11-20% 0%
Over 20% 0%
Unsure 0%
 
23. Of terminated deals, percentage of buyers for whom the realtor was able to find another home:
 
Zero 1%
1-25% 7%
26-50% 3%
51-75% 2%
76-100% 12%
Unsure 0%
 
24. Percentage of sellers having contracts terminated as a result of a home inspection:
 
Zero 84%
1-5% 15%
6-10% 1%
11-20% 0%
Over 20% 0%
Unsure 0%
 
25. Of terminated deals, percentage of sellers for whom the realtor was able to find another home:
 
Zero 13%
1-25% 45%
26-50% 12%
51-75% 6%
76-100% 25%
Unsure 0%
 
26. Percentage on ratings 1-5 (with 1 being “strongly disagree” and 5 being “strongly agree”) for the following statement: Do you feel having a home inspector helps to close transactions?
 
1 6%
2 4%
3 18%
4 23%
5 49%
 
27. Percentage on ratings 1-5 (with 1 being “strongly disagree” and 5 being “strongly agree”) for the following statement: Do you feel having a home inspector increases buyer confidence in their purchase?
 
1 0%
2 1%
3 12%
4 22%
5 65%
 
28. Percentage on ratings 1-5 (with 1 being “strongly disagree” and 5 being “strongly agree”) for the following statement: Do you feel having a home inspector increases buyer confidence in their real estate agent/broker?
 
1 1%
2 2%
3 17%
4 26%
5 54%
 
29. Percentage on ratings 1-5 (with 1 being “strongly disagree” and 5 being “strongly agree”) for the following statement: Do you feel having a home inspector increases seller confidence in their real estate agent/broker?
 
1 2%
2 6%
3 25%
4 25%
5 41%
 
30. Percentage on ratings 1-5 (with 1 being “strongly disagree” and 5 being “strongly agree”) for the following statement: Do you feel having a home inspector increases buyer confidence with the builder of their new home (when applicable)?
 
1 1%
2 4%
3 17%
4 22%
5 56%
 
31. Percentage on ratings 1-5 (with 1 being “strongly disagree” and 5 being “strongly agree”) for the following statement: Do you feel having a home inspector increases the likelihood your customers recommend you to their friends and family?
 
1 4%
2 2%
3 18%
4 25%
5 51%


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