How to get an offer from real estate: Get a ‘no-bid’ quote
The average offer from a local real estate agent is between $100,000 and $150,000, according to data from RealtyTrac.
A broker can also negotiate a lower fee, but it has to be “fair and reasonable,” according to Realtytrac.
Real estate agents have long said they need to have a competitive edge.
That’s why Realty Trac has partnered with the Association of Real Estate Agents to collect real estate data and publish a new study that aims to help real estate agents understand how to sell their properties.
The report, “Real Estate Agents: An Understanding of the Real Estate Industry,” analyzes real estate brokers’ responses to the same questions asked by RealtyTrac.
What is the average real estate price in your state?
What are the major trends in the real estate industry?
What is your market size?
Which of the following is most common for your region?
What factors do you look for in a prospective buyer when you’re considering a home?
How would you recommend real estate professionals?
Where are the most expensive markets in the country?
What about the state’s demographics?
What’s the average monthly income for the average home buyer?
The study also looked at the cost of homes in the top 20 states, including New York, California, Illinois, Florida, Arizona, Texas, Virginia and New Jersey.
Realty Trenta reported that the average listing price in Florida was $6,878, while in New York it was $5,946.
The median sale price in California was $2,966, while the median sale prices in Arizona were $2 and $2.5, respectively.
In Texas, the median price was $1,898.
In New Jersey, it was a little more expensive, with a median price of $1.3 million, according the Realtytrenta report.
Here are the top 10 states for sale: 1.
Florida: $6.8 million 2.
California: $5.6 million 3.
Texas: $4.9 million 4.
Illinois: $3.5 million 5.
New Jersey: $2 million 6.
Washington, D.C.: $2 billion 7.
Nevada: $1 billion 8.
New York: $845,000 9.
Massachusetts: $802,000 10.
Texas A&M: $719,000