Realtor Fees Going Up, Up, and Away

The following data was taken straight out of the Baron database. It compares the average time a home spends on the market (reported by our agents) versus the average final bid of listing auctions:

Time Period Avg Time on Market Avg Lead Bid
Before 1/1/2007 72 days 4.46%
Since 1/1/2007 111 days 5.27%

It’s quite simple when you think about it: the longer a home sits on the market, the more costs a Realtor incurs.

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Copyright 2007 Baron Briefs

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