Lies, Damn Lies, and Realtor Statistics It seems straightforward: if you’re looking for the best Realtor, just find the local agent who sells the most homes, for the highest % of asking price, in the least amount of time. Simple, huh? According to at least one pro, however (this one), such statistics are at best a...Read More
Lies, Damn Lies, and Realtor Statistics It seems straightforward: if you’re looking for the best Realtor, just find the local agent who sells the most homes, for the highest % of asking price, in the least amount of time. Simple, huh? According to at least one pro, however (this one), such statistics are at best a...Read More
Are the Numbers Padded? One of the statistics available to Edina Realty agents (and their clients) is how many people have saved a specific listing on EdinaRealty.com, the Twin Cities’ most popular real estate site. Especially when a home isn’t selling (or even getting showings), more than 6-8 saved searches is encouraging, and can indicate potential...Read More
How Accurate is “Average Market Time?” One of the most important statistics in residential real estate — at least to prospective home sellers — is a Realtor’s “Average Market Time.” As defined by MLS, that’s simply the average amount of time it took the Realtor to sell their listings (at 34 days, I ranked second in Edina...Read More