Would it make sense to use “average time on market” to select a real estate broker to sell your house?

Published February 1, 2011

Question by Dilbert: Would it make sense to use “average time on market” to select a real estate broker to sell your house?
The easiest statistic to get about a real estate brokerage firm is how long the houses they’re selling have been listed. If I write a computer program to retrieve all the houses each broker lists, and how long each has been listed, would it make sense to use those numbers to give each broker a rating for how fast they sell houses? And would it make sense for people who want to sell their houses to use that rating to decide which broker they want to use?

Best answer:

Answer by Senorita
4 yrs ago yes.. nowadays.. things are extremely bad. I deal with foreclosures every single day…our office deals mainly with REO properties.. regular properties are not selling as much.. at least not around here.. Things are really tough out there.. 🙁

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