Raymart Ramirez

2021 Real Estate MARKET SELLERS at a Glance Tight inventory has made 2021 a great year to list a home. Check out where sellers stand in this marketplace as reported in the 2020 Profile of Home Buyers and Sellers from the National Association of REALTORS®. 10 Years Top Reasons Why Sellers Move 15% 14% 12% Closer to friends and family. Home was too small. Change in family situation. Expected to decrease under current market conditions. 3 weeks Most sellers recommend their agent at least once after the transaction. Despite the digital age, skilled real estate agents are in high demand. Sellers that worked with an agent. 27% Transactions were FSBO (for sale by owner) in 2020. The lowest figure since 1981. Major Equity Gains The Price is Right Recently sold homes went for $66,000 99% © 2021 Buffini & Company. All rights reserved. Sellers have recommended their agent 4+ times. Sellers that would refer their agent in the future. Sellers homes sold for a median of more than what they originally paid for it. Time on Market for Recently Sold Homes Tight inventory and low interest rates mean homes are selling quickly! Agents Are in Demand 89% 8% Time spent in home before selling. of the final listing price. Just under half of all sellers offered incentives to attract buyers. SOURCE: Copyright ©2020 “Profile of Home Buyers and Sellers.” NATIONAL ASSOCIATION OF REALTORS®. All rights reserved. Shared with permission. 89% Call me for a free market analysis to see what your home is worth in this hot market!