{"id":226552,"date":"2022-11-03T11:36:57","date_gmt":"2022-11-03T15:36:57","guid":{"rendered":"https:\/\/www.livabl.com\/articles\/?p=226552"},"modified":"2022-11-03T11:36:57","modified_gmt":"2022-11-03T15:36:57","slug":"real-estate-sellers-have-regrets","status":"publish","type":"post","link":"https:\/\/www.livabl.com\/articles\/news\/real-estate-sellers-have-regrets","title":{"rendered":"Sellers got top dollar through pandemic, still have big regrets"},"content":{"rendered":"<h4 id='pressboard-ad-sponsorship-tag' style='margin-bottom: 35px;'><\/h4><p>Proving that you can\u2019t please all the people all of the time, a <a href=\"https:\/\/listwithclever.com\/research\/home-sellers-2022\/?utm_source=press+release&amp;utm_medium=pr&amp;utm_campaign=home-sellers\" class=\"external\" target=\"_blank\">survey by Clever Real Estate<\/a> found that 80% of people who sold their homes for top-dollar prices through the pandemic have regrets about the deal the struck.<\/p>\n<p>Clever polled 1,000 Americans who sold a home in 2021 or 2022 and found that the No. 1 regret among sellers was wishing they made more repairs prior to listing their home (25%). Other common regrets included selling too quickly (22%),\u00a0<em>not<\/em>\u00a0waiting longer to list their home (24%), waiting\u00a0<em>too long<\/em>\u00a0to list their home (20%), not using an agent (21%), and not selling for enough money (20%). Meanwhile, 25% say they simply miss their previous home.<\/p>\n<p>Still, the sellers know a good thing when they see it. As interest rates rise and the market goes cold, 78% of recent sellers say they are happy with the timing of their sale. About 65% of sellers believe the market is worse now than when they sold, and 31% believe now would be a bad time to sell.<\/p>\n<p>From the survey:<\/p>\n<p>\u201cRecent sellers were forced to make hasty decisions \u2014 94% received more than one offer, and more than half of those (56%) received five or more offers. More than half (54%) sold their home within a month, 19% sold in less than a week, and 8% in less than a\u00a0<em>day<\/em>.<\/p>\n<p>The No. 1 reason Americans cited for selling their homes was simply because it was a good time to sell (30%). The data confirms, however, that 2021 was more seller-friendly than 2022.<\/p>\n<p>In fact, 2021 sellers were 2.5 times more likely than 2022 sellers to say they didn&#8217;t make\u00a0<em>any<\/em>\u00a0compromises and 26% more likely to be satisfied with the profits they made on the sale. In addition, 2022 sellers were 41% more likely to experience a longer home sale and 25% more likely to make repairs.<\/p>\n<p>As home prices start to fall, 1 in 3 sellers (35%) still received more than the asking price, with 70% of those receiving\u00a0<em>more than<\/em>\u00a010% above asking price.\u201d<\/p>\n<div id=\"attachment_226553\" style=\"width: 1744px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2022\/11\/Screen-Shot-2022-11-03-at-11.30.45-AM.png\" rel=\"lightbox[226552]\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-226553\" class=\"size-full wp-image-226553\" src=\"https:\/\/www.livabl.com\/articles\/wp-content\/uploads\/2022\/11\/Screen-Shot-2022-11-03-at-11.30.45-AM.png\" alt=\"graph of reasons people sell their home\" width=\"1734\" height=\"1250\" \/><\/a><p id=\"caption-attachment-226553\" class=\"wp-caption-text\">These are the reasons why people chose to sell, according to the American Home Seller Report.<\/p><\/div>\n<p>&nbsp;<\/p>\n<div id='pressboard-ad-sponsorship-msg'><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The No. 1 reason Americans cited for selling their homes was simply because it was a good time to sell (30%). The data confirms, however, that 2021 was more seller-friendly than 2022.<\/p>\n","protected":false},"author":1,"featured_media":226554,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","apple_news_api_created_at":"2022-11-03T15:37:04Z","apple_news_api_id":"f02cb171-9ae9-49b0-90a8-45d9b616cd5d","apple_news_api_modified_at":"2022-11-03T15:37:04Z","apple_news_api_revision":"AAAAAAAAAAD\/\/\/\/\/\/\/\/\/\/w==","apple_news_api_share_url":"https:\/\/apple.news\/A8CyxcZrpSbCQqEXZthbNXQ","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"middle","apple_news_slug":"","apple_news_sections":["https:\/\/u48r14.digitalhub.com\/sections\/09b86915-7d2b-3acd-915b-b215002d01b7"],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[11108],"tags":[11163,11198,11002],"coauthors":[8648],"apple_news_notices":[],"yoast_head":"<!-- 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