More Co-Listings At Higher Prices

by Chicago Agent

How many listings are co-listed? The answer is 17.39 percent of all for-sale, non-commercial, non-land listings that have closed since Jan. 1st, 2011. LeapRE looked at what price bracket has the highest percentage of co-listed listings, and found that the trend is linear. As the price increases, the percent of co-listings increases. This seems to make sense because the split commissions from higher-priced properties are large enough sums for the listing to be worthwhile to multiple agents, and vice versa for lower priced properties.

Leap Real Estate Systems is the leading provider of online solutions for Chicagoland’s progressive agents. With over 20 years of software development experience and a keen understanding of the real estate industry through analytics, our mission is to create innovative products that improve seller communication and encourage data-driven decision making. For more information on our company and services, visit www.LeapRE.com.

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