Thank you to all our clients for helping to make 2011 a busy and successful year. With your support we were able to achieve Top Producers on a number of occasions.
In review, our List:Sell ratio far exceeded the local industry average at 53% (local average being only 35%). We were able to achieve an overage List Price:Sell Price of 96%; also beating the local industry average.
We tracked our inquiries for the year and found some interesting information. Based on our listings, the majority of inquiries came from cooperating REALTORS® (54%). Our website, webbers.ca, was the source of 9% of all inquiries. 8% of inquiries were from our previous clients and 5% of total inquiries were the result of the realtor.ca website.
When listing your home for sale, it's important to know where the buyers are finding the homes they buy. We are pleased to report that our listings sold as a direct result of:
# 1 = cooperating REALTORS®/Brokerages: this confirms the power of listing MLS®. 67% of our listings sold as a result of the MLS®.
# 2 = Second place is held by a three-way tie at 11% each for realtor.ca (attesting again to the power of the MLS®), public open houses and signage.
People are always asking about newspaper advertising. Our tracking is almost identical to the reporting from the Vancouver Island Real Estate Board, with buyers finding the homes they purchase as a result of print advertising, at a mere 1%. We've entered the information/Internet age. The majority of buyers are finding their new homes on the Internet or with the help of REALTORS®.
Are you looking at making a real estate move? Call or email us and we will be happy to assist.
Shae Webber, REALTOR®