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Houses and condos in the Detroit Metro are generally inexpensive compared with the rest of the country. The median listing price in 2021 is $64,786, according to a Rocket Homes market report. However, that price is rapidly increasing, shooting up 30.7 percent since last year. Whether you’re looking to buy or sell your house, a real estate agent may be necessary to keep you ahead of the competition.
In order to save you time on your search for an agent that fits your needs, the This Old House Reviews Team compiled a list of the top buyer’s and seller’s agents to show how they stack up against each other and why they’re worth your consideration.
Benefits of Having a Top Real Estate Agent in Detroit, MI
There have been a handful of revitalization projects and planned developments in Detroit within the last few years that promise to make it more attractive for residents. The effect of these are already reflected in median property prices. If you’re interested in getting in on the market now, a real estate agent can help you find the right property at the right price. If you’re selling your home, a real estate agent is important for getting you the best price for your home’s value.
Best Buyer’s Agents
Connecting with a buyer’s agent is an ideal way to kick off your shopping. A good Accredited Buyer’s Representative (ABR) knows how to embrace your wants, needs, and desires and translate them into a quality search. They compile a list of houses and work until you find your dream home. After putting in your offer, they’ll also support you through the rest of the home buying process, advising you when needed.
The best buyer’s agents in Detroit are:
- Jason Matt, Keller Williams
- Mary Wolfe, Coldwell Banker
- Ryan Kain, RE/MAX Leading Edge
Best Seller’s Agents
Seller Representative Specialists (SRS) are trained and certified to list and sell your house. The best seller’s agents are adept at sophisticated sales and marketing tactics and have the know-how to get your home sold quickly at the best price possible. They’ll also learn the ins and outs of your house, becoming an expert on all of its unique selling points. They’ll stick with you until closing, helping you engage with the buyer and their agent when needed.
The best seller’s agents in Detroit are:
- Shana Sine Cameron, Real Living real Estate
- Jennifer Toomajian, Real Estate One
- David Abdallah, Century 21
Comparing the Top Detroit Real Estate Agents
Detroit is home to many impressive real estate agents that are committed to the city and it’s residents. Based on our research, we were particularly impressed with these six when compared on factors such as agency reputation, years of experience, recent sales, and recognition. Keep in mind that some of these agents with higher recent sales numbers have teams of real estate professionals that help them list more homes and work with more clients.
Comparison
| Agent | Agency | Years of Experience | Sales in the Last 12 Months* | Price Range Last 24 Months** | Unique Details and Recognition | Website |
|---|---|---|---|---|---|---|
| Shana Sine Cameron | Real Living real Estate | 28 | 88 | $49,000-$1.6M | Hour Detroit’s Top 5% of Realtors | egrossepointe.com |
| Jennifer Toomajian | Real Estate One | 35 | 59 | $50,000-$1M | Real Estate One’s Top Volume President’s Club Award | jennifertoomajian.com |
| David Abdallah | Century 21 | 32 | 47 | $12,500-$1.7M | Century 21 Master Hall of Fame Sales Award | daveabdallahteam.c21.com |
| Jason Matt | Keller Williams | 23 | 6 | $45,000-$889,000 | Leads a team of six other agents | jasonmatt.com |
| Mary Wolfe | Coldwell Banker | 19 | 20 | $75,000-$768,000 | Designated with seven real estate certifications | thewolfeadvantage.com |
| Ryan Kain | RE/MAX Leading Edge | 4 | 50 | $2,750-$349,000 | High number of recommendations on Realtor.com | N/A |
| Agent | Agency | Years of Experience | Sales in the Last 12 Months* | Price Range Last 24 Months** | Unique Details and Recognition | Website |
*Figures pulled from Zillow.com as of March 26, 2021.
**Figures pulled from Realtor.com as of March 26, 2021.
Conclusion
Investing in a property in Detroit is a smart idea, since the city is abuzz with revitalization projects that are increasing the value of homes all around the metropolitan area. Hiring a real estate agent is a smart decision to help you spot your dream home before anyone else, but they’re also great for selling your property quickly and for top dollar. We recommend reaching out to a few top agents to get a feel for their personalities and narrow down which one will serve you best.
Detroit Real Estate: Frequently Asked Questions
What is the top neighborhood in Detroit?
Out of the 178 neighborhoods in Detroit, the warehouse district of Rivertown is a booming area with high-price condos, apartments, and townhouses.
How many homes are there in Detroit?
According to a housing market report by Rocket Homes in February 2021, there were 1,298 homes listed for sale. Real estate agents can use their unique connections and expert marketing tactics, giving you a better chance of getting your house on and off the market quickly.
What should you look for in a real estate agent?
Look to performance metrics, including sales volumes, years of experience, and recent price ranges to help determine which real estate agent makes the most sense for you. It’s also worth reading some reviews and recommendations from previous clients to get an idea of their work ethics, personalities, and methodologies.
How much do houses cost in Detroit?
In February 2021, the median listing price for homes in Detroit was only $64,786, according to a Rocket Homes Detroit housing market report.
What do real estate agents cost in Detroit?
Real estate agents charge commission. If you’re selling a home, they can typically take anywhere from 3% to 6%. Considering the amount of value they can add to the home by helping you stage it properly and market to quality buyers, this percentage often pays for itself.
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