By Mel Dorman, November 8, 2019
By Mel Dorman, November 8, 2019
We got the data for Living Room agents versus the market in 2018 versus 2019 results as a whole. The results were astounding!
Here are some stats:
1)Living Room agents did 4.7% more business since last year while the overall market did 4.6% less. That’s more than a 9% swing! The living room is grabbing market share!
2) Living Room ranked #1 for units sold of the offices in Portland. Interestingly, we only have 122 agents compared to our second-place rival, KW PDX Central, which has several hundred! When you hire a Living Room agent, you are hiring a top producer!
3) Living Room agents sell homes faster and for more! We sell on average 6.4% higher and have 25% fewer days on the market. Our median sold price is 11.6% higher!
4) We price right and earn our commission while making 1% more than the rest of the market in terms of list price and sold price!
So the next time you’re tempted to hire Redfin or any other budget listing agent, consider the true costs! They might be cheap to hire but you will net more money hiring a Living Room Agent!
As a wise person once said…. Don’t step over dollars to chase dimes.