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Home Selling by the Numbers

By
Real Estate Agent with eXp Realty 470666

You have 3 minutes to sell a house; everywhere the eye looks, the sale begins.

Most buyers decide in 30 seconds if they like the house.

There are 4 first impressions: 

   1.       curb appeal

   2.       in the front door

   3.       kitchen

   4.       out the back door

You will get the most showings on your house in the first 3-4 weeks.

The list price to sales price ratio drops at 10 days, 20 days and 60 days; days on market effects selling price.

90% of real estate litigation involves sellers' failure to disclose.

20% of the Realtors do 80% of the business.

90% of newly licensed Realtors are out of the business in one year.

80% of FSBO's end up using a Realtor.

Bob Jakowinicz
National Realty Centers Livonia--Bob Jakowinicz - Livonia, MI
Michigan Real Estate Agent-- MI Real Adventures

Julie, I like it and never heard things put quite like this.  Interesting way to put things in perspective in just 3 minutes.

Nov 16, 2009 05:38 AM
Donna Taylor
Meybohm Realtors, Downtown Aiken - Aiken, SC
Meybohm Realtors Aiken SC

Like your article.  I also find Master Bedrooms must have great appeal, too.

Then there's the stand by - location, location,location.

 

Nov 16, 2009 05:39 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

By laws of the proper way to get a home sold. Thanks for sharing

Nov 16, 2009 06:25 AM
Betina Foreman
WJK Realty - Austin, TX
Realtor, C.N.E., with WJK REALTY

Great stats Julie. You don't get a second chance to create a first impression. Make it shine the first time!

;)

Nov 21, 2009 01:30 AM