Can you guess who the Agent shown above is? :-)
Unfortunately, more times than not, most agents performance numbers are generally below 100% average list to sale price percentage.
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Snippet from Article from July 9, 2018 f y 9, 2018 from the National Association Realtors:
Selling Your Home Solo to Save Money? You’ll Actually Make Less Than You Think:
... As it turns out, FSBO (for sale by owner) make less money on their home sales than buyers who work with a real estate agent. According to the report, the median selling price for all FSBO homes was $190,000 last year (2017). When the buyer knew the seller in FSBO sales, the number plunges to the median selling price of $160,300. For homes sold with the assistance of an agent, the median selling price was $250,000̶ that’s $60,000-90,000 more for the typical home sale. ( Note: Home sale prices vary according to many factors, including the type of home, location, a city’s cost of living, and for example, whether a home is sold at “arm’s length” ). According to NAR’s 2017 Member Profile , seventy-five percent of all real estate agents get paid by a percentage commission split between two agents representing the buyer and seller. Talk to an agent and find out what they suggest for the commission and then do the math yourself. The closing price for the agent-assisted seller is likely going to be way above an FSBO. In reality, homes sold by the owner make less money overall. Based on these closing numbers, why not save yourself time and make more money by working with a real estate agent that is excited to sell your home?
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