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Home staging helps reduce days on market, agents report

Real Trends

Over half of buyers’ agents (58%) report that staging a home has an effect on most buyers’ view of the home most of the time, according to the National Association of Realtors ’ 2023 Profile of Home Staging report. Another 31% of respondents reported that home stage has an effect on buyers but not always.

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The silver lining in the existing home sales report

Housing Wire

year-over-year decline in existing home sales in September and total inventory has now fallen on back-to-back reports. Earlier in the year, I labeled this a savagely unhealthy housing market based on the premise that Inventory would break to all-time lows, creating forced bidding and causing days on the market to collapse.

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23 creative open house ideas to drive foot traffic, get leads and sell fast

Housing Wire

Summary Planning your open house Marketing your open house Hosting your open house Open house follow-up ideas The full picture Open house ideas: Planning your next event Not every one of your clients wants or needs to hold an open house, but you can certainly play up your open house events to help you reach your real estate career goals.

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Does Days on Market (DOM) Matter in Real Estate

Realty Biz

Days on Market, also known as DOM, is a widespread commercial term, which applies to all markets and products, be it a cake, a pair of shoes, or a real estate item. This concept has everything to do with the idea of “freshness” or actuality that any type of product has on a specific market. DOM on The Real Estate Market.

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Why “Days on Market” Matters to Home Buyers When Selling a House

HomeLight

The amount of time a home spends on a market (a statistic known as “days on market”) depends on a variety of factors like location, market trends, how your listing is marketed, and pricing. For instance, in Lafayette, LA the median days on market spent is 72 days, while in Atlanta, GA that number is 33 days.

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Here’s the key to being an empowered real estate professional in 2022

Housing Wire

What matters for your market (wherever you are) is what patterns are developing near you. new listings, sold listings, days on market, off-market listings?—?will the trends and patterns that are unique to your market and will allow you to?identify?any Agents, one of the biggest factors in property sales is pricing.

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How to compete and win with your listing presentation (+ scripts)

Housing Wire

Market Inventory: What is the current market and micro-market inventory? Days on Market: How long does it take for properties to sell? Step 1: Set the stage for success Real estate agents are famous for selling the importance of location, location, location.

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