NAR 2010 Home Buyer and Seller survey – summary for Listing Agents

NAR 2010 Home Buyer and Seller Survey shows some interestesting stats that relate directly to Selling a Home:

  • Sellers tyopically receive 96% of their asking price for the home
  • 56% of sellers did reduce their asking price
  • 44% offered incentives
  • Homes were typically on the market for 8 weeks

House Sellers using Agents?

Also of note – there has been a very slight increase (from 83% to 88%) in the number of Home Sellers using an Agent compared to FSBO from 2003 to 2010.

What do Sellers want from an Agent?

Here’s what Sellers want from an Agent- so think about this in your next listing presentation!

  • Price the Home Competitively
  • Find a Buyer
  • Market their home to potential Buyers
  • Sell the home within a specific timeframe!

See the slideshow here:

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