We recently conducted an interesting survey of approximately 100 residential real estate agents from all over the US. The question we asked them was incredibly simple….”Why did your seller sell?”. This was specific to their last listing. What we found may help you in your prospecting moving forward.
While “other” was the most common response. It’s interesting to note that the second most common response was that the seller was retiring and looking to downsize. This is not surprising considering that boomers are retiring in large numbers. We plan to do subsequent surveys focused on different property types and locations. More to come!