What is the value of experience in real estate? $25,000.00
What is the value of experience in real estate? $25,000.00. Yes, that is right. The Wall Street Journal just published a story on the report and it was a fascinating read. According to a recent study published in the Journal of Housing Research, Veteran real estate agents (those who have been licensed for 10 years or more) on average sell homes for 12% more than their less experienced counterparts. If you are even considering selling your home in Dacula or Gwinnett County, Georgia this is information you need to know.
A 12% increase in home purchase price adds up to $25,000 according to the study which was conducted by Longwood University in Farmville, Va..
Hermes Realty Group prides ourselves on making the most money possible for our clients and our years of real estate experience can put more money in your pocket. We actually Guarantee our results.
The study found that Veteran agents:
1. Sell homes for 12% more than less experienced agents
2. Sell larger homes, newer homes, more condos and townhomes
3. Sell homes in a faster time period
4. 2/3 of properties listed by Veteran agents sell while only 1/3 of less experienced agents sell
5. Are better negotiators
Less experienced agents may try to entice Sellers to allow them to sell their home by greatly reducing their commissions. While this may seem enticing to some owners the issues come up as the home typically stays on the market longer, sells for less and negotiating the sale price AND terms proves costly.
Negotiating on price and terms are vitally important items to consider when selling. If a Veteran agent sells for 12% more than a less experienced agent, the cost savings on listing commissions is lost entirely by not hiring the RIGHT real estate agent for the job.
If you would like more information on how the Hermes Realty Group with Keller Williams Realty Atlanta Partners can assist you please give us a call at 678-775-2787. Ask us about our GuaranteedSale.com 99 Day Guarantee!