SELLER STATS & TRENDS SOURCES: CNNMONEY, NATIONAL ASSOCIATION OF REALTORS®, THE WALL STREET JOURNAL Brian Buffini’s Real Estate Report PAGE 6 ROI ON HIGH-END HOME-IMPROVEMENT PROJECTS: Siding replacement 79.3% Garage-door replacement 75.2% Window replacement 71.2% Deck addition 59.7% Major kitchen remodel 59.7% Bathroom remodel 58.3% Roofing replacement 56.7% Garage addition 54.7% Master suite addition 52.1% ACCORDING TO THE PROFESSIONALS, THE BIGGEST PAYOFFS WHEN SELLING ARE: Fixing electrical & plumbing problems The average homeowner lives in their home for 9 years 25% reduced it once 17% reduced it twice 40% did not reduce 18% reduced it three or more times Sellers moved to a new home a median of 19 miles away On average, sellers homes sold for 95% of the listing price 29% of sellers bought a similarly-sized home 46% traded up 25% traded down SELLERS’ PRICE REDUCTIONS: 62% of sellers purchased a newer home 93% of sellers had their home advertised online 91% listed it in the MLS Cleaning/ decluttering Brightening
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Brian Buffini’s Real Estate Report PAGE 6€¦ · Brian Buffini’s Real Estate Report PAGE 8 TOP FEATURES ON AN AGENT’S WEBSITE: In 2012, Buffini & Company One2One Coaching™
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SELLER STATS & TRENDS
SOURCES: CNNMONEY, NATIONAL ASSOCIATION OF REALTORS®, THE WALL STREET JOURNAL