According to data from LeapRE, about 15 percent of sellers with luxury listings* go through more than one agent to sell their home. Listings that went through five or more agents were miniscule – .085 percent – while about 12 percent go through two agents. But according to this data, the good news is that even with luxury clients, one agent can usually handle all their client demands – about 85 percent of sellers used one agent to list and sell their home.
*Luxury listings are defined as $1 million or greater.
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Would be interesting to know how this compares to non-luxury sales.
Funny you should ask Eric, we actually thought the same. For tomorrow’s blog post and newsletter we ran those numbers. Check http://www.leapre.wordpress.com and you’ll see the comparison to non-luxury (< $1 mill) listings.