Inside the Mind of a Seller

The NAR 2013 Profile of Homebuyers and Sellers gives some key insight into what today’s typical seller is thinking when it comes time to move.

97% – Recent sellers typically sold their house for this┬ápercentage of the listing price.

88% – Sellers that were assisted by a real estate agent when selling their home.

59% – Purchased a newer home than they’d owned previously.

47% – Reported that they reduced the asking price at least once.

36% – Sellers that offered incentives to attract buyers.

13% – Sellers that had to delay or stall selling their home because the value of their home was worth less than their mortgage.

 

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