Mike Philbeck's Agent Report Card℠
- Shelby, NC
- Coldwell Banker Commercial Dominion Real Estate
Recent Top-100 Rankings
3rd
21st
4th
2nd
4th
5th
Mike is primarily a Listing Agent
Dealing mostly in COMM :-)
Since becoming an agent with CanopyMLS, 86% of Mike's business has come from helping Seller Clients with a focus on COMM. Simply put, this means that Mike's specialty is in helping people list their homes for sale.
While this does not mean that Mike isn't also a great Buyer's Agent, it does mean that you may want to consider someone who specializes in helping people find the home their dreams. If you're in the market to buy then you need a fierce competitor on your side given the ultra competitive nature of today's market.
That being said! If Mike blows you away during your interview then trust your gut and give them a chance boost their Buyer Agent stats!
Closed Transactions
Mike has closed 4-transactions since June, 2024 (the last 6-months of production).
remc tip: a higher production level does not mean higher quality of service. In fact, more often than not it can mean you'll be sharing their limited attention with many other clients.
Our data-driven agent-connection system helps connect you to agents with robust systems in place so you get the attention you deserve!Avg. Transaction Price
Mike's average closed transaction price comes in at around $423K over the past 6-months.
Even though the average transaction price is not a direct indication of agent's target clientele, it is a useful metric to get an idea about their area of expertise with respect to price ranges.
Let us help you find someone who specializes in your price range!
Avg. Days on Market
Average Days on Market (DOM) means different things to different types of Agents.
For example, taking a listing from active to under contract in record time as a List Agent does not involve the same set of skills as beating-out the competition to get a client's offers accepted as a Buyer's Agent.
That being said, a lower overall avg. DOM does suggest a certain level of level of skill and hustle!
Avg. List-to-Sale Ratio
Average List-to-Sale Ratio (LSR) can mean very different things depending on which side of the transaction you're on!
A LSR above 100% means the transaction is selling above the List Price (great for List Agent), while a LSR below 100% means it's selling for less than the asking price (great for Buyer's Agents!).
remc tip: Asking Mike to explain their avg. LSR is a great conversation starter! Want us to coordinate a meeting with them for you? Click here to be connected!
Closed Transactions
Mike has closed 2-Listings since June, 2024 (the last 6-months of production).
remc tip: a higher production level does not mean higher quality of service. In fact, more often than not it can mean you'll be sharing their limited attention with many other clients.
Our data-driven agent-connection system helps connect you to agents with robust systems in place so you get the attention you deserve!Avg. Transaction Price
Mike's average closed Listing price comes in at around $804K since June, 2024 (the last 6-months of production).
Even though the average transaction price is not a direct indication of an agent's target clientele, it is a useful metric to get an idea about their area of expertise with respect to price ranges.
Let us help you find someone who specializes in your price range!
Avg. Days on Market
In general, the faster a List Agent is able to sell a home, the better that agent is at their job... but it's not always that simple!
For starters, agents advise their Seller clients, but it's the Sellers who make the ultimate decisions. More often than not, the single most important factor keeping a home on the market longer than it should be is price.
Agents who are in a good relationship with their clients will adjust the price according to what the market is telling them! Sellers' goals and timelines vary, so take this metric with a grain of salt because it's not totally in the agent's control.
To see the prevailing average and median DOMs for your market & price range, check out the Latest Ruiz Report!
remc is a Ruiz Report partner, they provide us with all of our up-to-date market stats, and your agent should be too!
Avg. List-to-Sale Ratio
Average List-to-Sale Ratio (LSR) is another nuanced metric, and just like DOM it also depends on a good relationship between the Sellers and the agent.
In general, as a Listing agent, the higher the average LSR the better the agent is at their job. A high LSR means that the agent is making sure that their Seller clients are not leaving money on the table.
One important caveat is that this ratio is calculated based on the list price when the home goes under contract, not what it was originally listed at.
For example, if a home that is originally (and incorrectly!) listed at $420k reduces it's price to $400k, accepts an offer for full price ($400k), and then closes at $400k, then that home will have a 100% LSR.
It does not matter that they changed their original list price, the only price that matters is the price it was listed at when it went under contract.
To see the prevailing LSR (and Original list to sale ratios, which take price corrections in account) for your market & price range, check out the Latest Ruiz Report!
remc is a Ruiz Report partner, they provide us with all of our up-to-date market stats, and your agent should be too!
Closed Transactions
Mike hasn't closed any home sales for their Buyer Clients since June, 2024 (the last 6-months of production). Don't count them out just yet though! They may have some deals under contract, or they may be able to provide you with 100% of their attention as one of their main clients!
remc tip: a higher production level does not mean higher quality of service. In fact, more often than not it can mean you'll be sharing their limited attention with many other clients.
Our data-driven agent-connection system helps connect you to agents with robust systems in place so you get the attention you deserve!Avg. Transaction Price
We don't have any data to get this stat for Mike since June, 2024 (the last 6-months of production).
Let us help you find someone who specializes in your price range!
Avg. Days on Market
We don't have any data to get this stat for Mike since June, 2024 (the last 6-months of production).
To see the prevailing average and median DOMs for your market & price range, check out the Latest Ruiz Report!
remc is a Ruiz Report partner, they provide us with all of our up-to-date market stats, and your agent should be too!
Avg. List-to-Sale Ratio
We don't have any data to get this stat for Mike since June, 2024 (the last 6-months of production).
To see the prevailing LSR (and Original list to sale ratios, which take price corrections in account) for your market & price range, check out the Latest Ruiz Report!
remc is a Ruiz Report partner, they provide us with all of our up-to-date market stats, and your agent should be too!
remc
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