Austin TX Real Estate - Hill Country Austin Lakeway Homes for Sale: June 2006

Experienced Agent verse Newer Agent

When I first got into real estate, I had just turned 24 and I looked about 18. It was no wonder people always asked my age and how long I was in the business. I always had to prove myself as to why they should use me as a newer agent...

Now that I'm past the five year mark, and at the end of my sixth year, I love this new study that came out. Researchers followed 55,000 properties in the Dallas/Ft Worth area. The averages of these properties showed an average days on the market at 90 days and an average sales price of $175,270.

What the study tracked was how long the agents had been in the business. "Sellers using listing agents with less than two years of experience received 1.1% less or a house compared with sellers who used agents with two to five years of experience, and the marketing time was 1.9% longer." "If the listing agent had more than five years of experience (That's Me!), the seller received 0.8% more than sellers who used agents with two to five years of experience, and the property sold 1.5% faster." **

What the above numbers equal is that an agent with my experience level can expect to get a seller, on average, more than $3345 more for their home and sell 3.4% faster. Are you ready to sell your house with an experienced REALTOR®?

** Tierre Grande by James Ford and Ron Rutherford; January 2006

Comment balloon 0 commentsDonna Harris • June 29 2006 06:32PM
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