Many people do not realize that there are good days to list your home. Thanks for the question. If you aren’t in a hurry to move, wait for an offer that gives you the most profit. Or, if the roof has a leak, buyers need to know that, too. However, the raw percentage has increased. Retrieved from https://www.nar.realtor/research-and-statistics A clean, uncluttered home sells – A dirty home knocks thousands of dollars off of your profit. He will be knowledgeable about state and federal requirements, and he will help you determine what information to share. 15 Redfin (2019), Homebuyers in 2019 Spend 3 Fewer Days Searching, Visit 1 Less Home on Average than Last Year. Retrieved from https://www.redfin.com/blog/homebuyers-finding-homes-faster-2019/ 9 National Association of Realtors (2020), Quick Real Estate Statistics. On average, it takes a homebuyer 30-45 days to buy a property. 5 National Association of Realtors (2020), Research and Statistics. 14 PWC (2019), Emerging Trends in Real Estate. Allison Potts is an editor and resident technology geek for Fit Small Business, working with our sales, marketing, and real estate team to provide tips, in-depth software recommendations, and step-by-step instruction for business owners, agents, brokers, and related professionals. Real estate statistics show that over 71.4% of people in this region own their home1. Real Estate will always be local and to be able to sell your home, it’s critical to know what the local trends are for your neighborhood. However, while some might see this as evidence of strength in the real estate market, the rapid swing from the first quarter to the fourth indicates volatility in the market. Unfortunately, many times these deal-killer scenarios could have been avoided if the real estate agent or broker had just educated their buyer clients as to the process before the first purchase contract was written. If all the information about a property is revealed up front, you're less likely to be involved in disputes after the sale. Instead of seeking out agents to help buyers find homes, they now find homes and then contact an agent to coordinate a showing. The longer the home stays on the market, the more concessions will likely be made—like price decreases and upgrades. Retrieved from https://www.redfin.com/blog/q4-2019-luxury-housing-report/ Retrieved from https://www.census.gov/construction/nrs/pdf/newressales.pdf 4 U.S. Census Bureau (2020), Monthly New Residential Sales, July 2020. This means that the other 39% are divorced, separated, or single. You can access a copy of this form on the Texas Real Estate Commission’s website for public use; however, you should ask your San Antonio area REALTOR® any questions you have about completing the form and what should be included. The increase in rent—a pattern throughout 2020—has driven more people to examine the possibility of owning their own home17. Retrieved from https://www.census.gov/housing/hvs/files/currenthvspress.pdf This is based on safety, child-friendliness, education, and affordability. Understanding the real estate statistics of your area can help you make informed decisions about the right property and price—or guide an agent to the right market for the greatest success. It’s true, a big chunk of … How can 1 and 3 be true at the same time? This is even more reason for real estate agents to take the time to check in with past clients who might be ready for their next home. Retrieved from https://www.nar.realtor/sites/default/files/documents/2019-profile-of-home-staging-03-14-2019.pdf LinkedIn RELATED: Closing the deal with ease Don't be afraid to disclose information about your property, especially things that will come up in the inspection anyway.