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Realtors Have Higher Success Level When Selling Homes
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With the current
real estate market
generally favoring buyers over sellers, a new report shows that those who use a Realtor to sell their home have a better success rate than those who attempt to sell on their own.
According to a survey by HomeGain.com, 59 percent of those who used a Realtor to sell their home were successful, compared to just 39 percent who did not, representing roughly a 50 percent improvement.
"It is especially striking that homeowners fare significantly better in selling their homes using a Realtor than selling on their own," said Louis Cammarosano, general manager of HomeGain. "The level of satisfaction in the home selling process is also higher for home sellers utilizing the services of a Realtor than those who try to sell their homes on their own."
Many people who originally ventured out on their own didn't have success. The survey found that 24 percent of people who tried to sell on their own eventually started working with a Realtor.
The housing market has continued to pick up steam in recent months. According to the National Association of Realtors, sales of existing
properties
increased for the third straight month in January.
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