BrokerageIndustry News

Experienced agents have more, pricier listings

Survey: Direct correlation found between listing price, marketing budget
Published on Jun 12, 2008

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Real estate agents with more than five years of experience tend to represent higher-priced listings and spend more money marketing them than less experienced agents, according to a survey by VHT Inc., which provides marketing services to real estate professionals.

The survey of 1,300 agents and brokers revealed that those with two to five years of experience had listings in the $490,000 range, while the average value of listings for those with more than 10 years of experience was $600,000.