market value: Helping sellers understand showing activity-
- 10/31/06 03:21 AM
Yet another thing that's part of our jobs and part of our daily lives, but we (real estate professionals) don't always properly explain what it means when a property is shown! Know your averages. Last time I checked (anyone, feel free to correct me if you have the current numbers), buyers looked at an average of 10 homes before selecting one. SO....if your house has had 10 showings, by averages it's been compared to 100 homes. Now, if you have no offers from those 10 showings, you've lost out to a lot of your competition. (remember, we're talking averages and ballparks-i know … (2 comments)
Yet another thing that's part of our jobs and part of our daily lives, but we (real estate professionals) don't always properly explain what it means when a property is shown!
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