Survey: Home sellers are confident, but need agents’ help
It turns out that sellers may need you more than you might realize. A new survey by SOLD.com found that 94 percent of home sellers are confident about selling their home, yet over half are unfamiliar with the options available to them.
The consumer-facing recommendation platform for home sellers polled over 1,000 homeowners who had sold a home before and asked about their knowledge of the process. The survey found that home sellers are often under-prepared and unaware of the decisions that come with selling a home.
More than half of the survey respondents (58 percent) spent less than three hours researching which method to use to sell their home and the professional they chose to help them. This was backed by a National Association of Realtors report that found that 75 percent of sellers and 68 percent of buyers hired the first agent they contacted.
SOLD.com’s survey found that of those who had sold their last home using a traditional real estate agent, 57 percent thought that the commissions the agent charged were too high. However, when split up by gender, 61 percent of women said that the agent’s commissions were overpriced, while only 43 percent of men said the