real estate agents survey

Real Estate Agents are still valued & in high demand

Certainly, nice to hear for every real estate agent, we just love them. Most of us can´t do without them. This is the conclusion of a survey recently carried out in Germany by INNOFACT AG (a market research institute).

We value their professionalism and expertise

The survey shows that most of private owners would rather hire a broker to sell their property than to market it themselves.

Almost 69 percent of them would hire a real estate agent even if they had to pay the fees themselves.

When searching for the right agent, they found, Internet research is ranked first. Naturally, a high revenue in the sale is priority for sellers during a quick and straightforward sales process.

57 percent of respondents said they want to ask a real estate agent to handle the sale. 36 percent want to try the real estate sale on their own. That applies with 44 per cent especially for the young age group from 18 to 39 years. 69 percent of those who want to hire a broker would do so even if they had to pay parts or 100 percent of the commission themselves.

“What if the property in question is far away?” they asked

The answers of those who would rather sell their real estate themselves are even more striking in this case. Suggesting a travel time of around one hour or more, 96 percent say that they would hire a real estate agent in this case. Even under the assumption that they would pay his fees, 84 percent say that they want to work with a broker.

Not a surprise

Answering about the order of the most important aspects in the property sale, owners answer:

1: As high as possible

2: As fast as possible the sale

3: As little effort as possible

So, to all real estate agents: we love you – keep up the good work.

To give an extra help for agents, try our partner website to list your real estate deals: https://www.all-real-estate.com/

The study: Online survey of INNOFACT AG on behalf of ImmobilienScout24 among 500 private property owners throughout Germany, who plan a real estate sales within the next three years. Survey period: July 2019.

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