Sellers Expect Offers Above Asking Price

Homeowners have seen the news headlines, and they believe if they sell now, they should get top dollar—and beyond—for their home. About 43% of sellers recently surveyed say they expect their home to sell over the asking price, according to a new survey of 1,000 homeowners conducted by Clever Real Estate

More than a quarter of sellers—28%—expect to receive an offer on the first day the home is listed. Fifty-three percent anticipate an offer within a month.

The following chart shows sellers’ top expectations for a home sale.

 

What do you expect to happen during your home sale?

In a separate survey conducted recently by the real estate referral site HomeLight, homeowners also showed great expectations for the sale of their homes. About half of home sellers surveyed said they expected to retain 30% or more of the sale price of their homes. Eighty-seven percent of sellers surveyed also expected to receive more than one offer on their home. Fifty-two percent expect to receive four or more offers. Read more: Equity Motivates More Sellers

 

Source: “Role of the REALTOR® in 2022: Expectations and Misconceptions,” Clever Real Estate (April 18, 2022)