Some were jumping for joy, others allowed themselves perhaps a faint smile.
But a new survey of real-estate professionals across the region suggests that, whatever their level of enthusiasm, a large percentage of recent home-sellers are coming out satisfied with the sales experience, dollar-wise.
Just under 90 percent of listing agents participating in the July 8-15 Bright MLS survey said their clients walked away with the price they were seeking. And the average number of offers on homes – three – seemed to be trending higher than some months back.
The survey collated responses from 694 sellers’ agents across the Bright MLS catchment area, which includes all of the District of Columbia and Delaware and portions of Virginia, West Virginia, Maryland, Pennsylvania and New Jersey.
To get to closing day, a home has to come onto, then stay on, the market. And nearly one-third of respondents to the survey reported they had in the last six months worked with at least one client who ultimately opted not to list the home on the market, or pulled it off after listing.
The top four reasons why: The seller couldn’t find another home; didn’t want to give up the current low mortgage-interest rate; was “uncertain about the market”; and was not receiving offers priced as hoped.
Other reasons: The home was turned into a rental instead; bad timing from a family perspective; health concerns; and financial issues.
