Lies, Damn Lies, and Realtor Statistics What’s the best way to tell if a “saved” MLS search is in fact a prospective home Buyer, who’s watching the property in the hopes that the price drops? Reduce the price. If the price reduction triggers a wave of showings (and ideally, offers!) . . . the “saved” MLS searches...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
Liking the House . . . But Not the Price What do Buyers today do when they like a home — but not the price? (ditto for their agents). They save the search on MLS. That way, they immediately know if/when there’s a price reduction. See, “Who’s Watching the Listing?” “The Ayes Eyes Have It”...Read More
Saved Searches on MLS How many people are watching a listing? And why does it matter? If a listing isn’t selling, one of the tools Realtors have to gauge interest today is how many prospective Buyers have “saved” the property on MLS; the more people who’ve save the property, the logic goes, the more likely...Read More
