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NAR Survey Shows Realtors(R) Investing in and Demanding More ...

WASHINGTON, May 11 /PRNewswire-USNewswire/ -- Realtors(R) invest heavily in technology with more than half of brokers, sales agents, associate brokers and managers saying they spent more than $1,000 last year, according to a new survey by the National Association of Realtors(R).

The 2007 Realtor(R) Technology Survey, conducted by NAR's Center for REALTOR(R) Technology, also found that 25 percent of respondents spent more than $2,000 on technology in 2006. In addition, approximately two-thirds of those surveyed have a real estate business Web site, and a quarter spends more than $1,000 annually to maintain their site. Nearly all of these sites -- 93 percent -- provide listing search capabilities. Other than their own Web site, the most popular sites for Realtors(R) to display their listings include the local MLS, their broker's Web site and REALTOR.com(R).