Clever Real Estate has negotiated discounted prices for over 20,000 home sellers since 2017 and positions itself as a leading authority following recent headlines surrounding agent commission rates. It is established.
ST. LOUIS, November 20, 2023 /PRNewswire/ — smart real estateThe fast-growing real estate technology company has emerged as the unrivaled expert on commission rates following a recent landmark case involving the National Association of Realtors (NAR). Since 2017, Clever has negotiated real estate commissions with top producer agents nationwide for over 20,000 home sellers, and has researched numerous surveys and studies that highlight how Americans view commission rates. has been carried out for many years.
in Survey of 1,000 AmericansAccording to a survey by Clever, 66% of non-homeowners and 42% of home sellers don’t know they need to pay a buyer’s agent fee. This misconception may be why 65% of Americans incorrectly think buyers can save money by: do not have We are working with agents.
55% of sellers say they shouldn’t be required to pay buyer agent fees. However, fewer than half (46%) of sellers know the fees they will ultimately pay, and only 34% of sellers actually know how much they will pay. overestimate Fee costs.
Nearly all homeowners (91%) believe avoiding high real estate agent fees is an important priority when selling, and 28% of sellers don’t hire a real estate agent to save on fees I am choosing that. However, 72% of sellers who have worked with an agent believe that a good agent is worth every penny in commission.
In a recent Clever survey of 625 agents nationwide, the average total commission rate was 5.49%, and 61% of agents said their commission rate had remained the same in the past five years.
“Clever has negotiated more commissions with real estate agents than any other person or organization in the United States,” said Clever Co-Founder and CEO. Luke Babich Said. “With recent headlines following the ruling in the case against NAR, Clever has established itself as a thought leader on the topic of fees by helping buyers and sellers receive the best service at the lowest prices. I will continue to do my best to continue doing so.”
As the real estate landscape changes rapidly, Clever is helping its customers more than ever. $140 million It has an average 5.0-star rating based on over 2,600 verified customer reviews on Trustpilot.
As the industry continues to change, Clever remains at the forefront, providing unparalleled expertise as the debate over real estate agent commission rates continues.
The full report can be viewed below. https://listwithclever.com/research/realtor-commission-stats-2023
About Clever Real Estate
smart real estate Our mission is to provide people with the most trusted advice and optimal solutions at every stage of their real estate journey. Clever’s main product is a real estate agent matching platform that allows home sellers and buyers to compare personalized real estate agent matches and save up to 50% on typical commissions. Clever’s network spans 19,000 agents across all 50 states.
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Source Clever Real Estate