Loretta Witt

Brokerage of Record: Prudential Fox & Roach Realtors-Chestnut Hill

License State: Pennsylvania

Service areas: Philadelphia, Chestnut Hill, Parkland, East Germantown , Cedarbrook-Stenton, Germantown, Flourtown, Allegheny West, Lawncrest, Fairmount Park, Oak Lane- East Oak Lane, East Mount Airy, Fairmount-Art Museum, East Falls, Elkins Park, Erdenheim, Blue Bell, Jenkintown, Lafayette Hill, Cheltenham, Plymouth Meeting
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Summary: Loretta Witt is a highly accomplished Pennsylvania real estate agent, ranked in the upper 14% of her peers at the 86th percentile.

She has completed at least 31 transactions with an average sale price of $508K. She has closed transactions ranging from $169K to $2.10M in value.

Loretta's brokerage of record is Prudential Fox & Roach Realtors-Chestnut Hill where she primarily serves sellers with Single Family properties in Philadelphia, Flourtown and Elkins Park and the Chestnut Hill, Parkland and East Germantown neighborhoods.

Loretta stands out because of her depth of experience as both a listing and buyer’s agent.
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NC AGENT SCORE

Loretta Witt has received an overall rating of "Very Good" By NeighborCity. The 'NC Agent Score' represents this real estate agent's (Loretta Witt) performance* when working with buyers and sellers to list, purchase and sell their properties, relative to their agent peer group**.

This number represents Loretta’s percentile ranking among her peer group. Thus, for agents that Loretta competes with, she was in the 86th percentile, meaning she performed better than 85% of her peer agents and conversely was in the top 14% of her peers. The maximum score is "99" for 99th percentile.

Contact Loretta Witt

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Loretta Witt's Performance Metrics

GENERAL METRICS

Top Cities

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These are the cities where Loretta represents buyers and sellers most often, listed by percent of active and sold listings in each location.

Philadelphia — 42 (82%)
Flourtown — 2 (4%)
Other:
Elkins Park — 1 (2%)
Blue Bell — 1 (2%)
Erdenheim — 1 (2%)
Jenkintown — 1 (2%)
Lafayette Hill — 1 (2%)
Cheltenham — 1 (2%)
Plymouth Meeting — 1 (2%)

Top Neighborhoods

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These are the neighborhoods where Loretta represents both buyers and sellers most often, listed by percent of active listings and transactions closed in each location.

Chestnut Hill — 13 (33%)
Parkland — 9 (23%)
East Germantown — 4 (10%)
Cedarbrook-Stenton — 4 (10%)
Germantown — 2 (5%)
Allegheny West — 2 (5%)
Other:
East Mount Airy — 1 (3%)
Oak Lane- East Oak Lane — 1 (3%)
Fairmount Park — 1 (3%)
Fairmount-Art Museum — 1 (3%)
East Falls — 1 (3%)
Lawncrest — 1 (3%)

Listing Types

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These are the types of properties that Loretta represents most often for both buyers and sellers, listed by percent of active listings and transactions closed for each property type (Single Family, Condo, Town House, Multi-family, land & lots, etc.)

Single Family — 43 (84%)
Town Houses — 4 (8%)
Condo — 4 (8%)

Buyers Vs. Sellers Represented

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This is the ratio and number of closed transactions where Loretta represented a buyer in the purchase of a home (‘Buyer’) vs. a seller in the sale of a home (‘Seller’).

Seller — 23 (74%)
Buyer — 8 (26%)

Number of Closed Transactions

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This is the number of total transactions that Loretta completed when representing buyers and sellers vs. her agent peer group (‘Peers’).

Loretta
31 Closed
Transactions
Loretta's Peers
15 Closed
Transactions

Number of Active Listings

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This is the number of properties that Loretta is currently listing for sale vs. the number listed for sale on average, by her agent peer group (‘Peers’). If this number is substantially lower than her peers, Loretta may be new to the business, a buyer’s agent, or part of a team where the team leader claims credit for all listings and sales. If her listing count is much greater than her peers, then Loretta may be too busy to effectively service another client.

Loretta
12 Active
Listings
Loretta's Peers
9 Active
Listings

% Dual Rep Transactions

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This is the percent of Loretta’s transactions where her brokerage represented both the buyer and seller as broker of record, vs. her agent peer group (‘Peers’). Ideally this percent should be lower than Loretta’s peers because sharing a broker can work against either the buyer or seller, resulting in a lower or higher selling price than otherwise would be expected.

Loretta
35% Dual Rep
Broker/Agent
Loretta's Peers
13% Dual Rep
Broker/Agent

% Dual Rep - Same Agent

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This is the percent of Loretta’s transactions where she and her brokerage represented both the seller and buyer as the agent and broker of record, vs. her agent peer group (‘Peers’). ). Ideally this percent should be lower than Loretta’s peers because sharing an agent and broker can work against either the buyer or seller, resulting in a lower or higher selling price than otherwise would be expected.

Loretta
4% Dual Rep
Agent
Loretta's Peers
7% Dual Rep
Agent

Price Ranges Represented

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These are the price ranges of listings Loretta listed or sold on behalf of Loretta buyer and seller clients, along with the number of listings in each price range in parenthesis, e.g. $300K (22) means 22 listings in the $300-399K range were represented by this agent. Picking an agent with ample experience in your price range is a good idea.

Listing Agent Performance

Better than peers
Worse than peers
Peers

# Listings Sold

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This is the number of total transactions that Loretta completed when representing sellers in a sale of a property vs. her agent peer group (‘Peers’).

Loretta
23 Listings
Sold
Loretta's Peers
12 Listings
Sold

Average Days on Market

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This is the average number of days that Loretta's listings were available to be purchased (on the market) including sold, withdrawn and currently for sale properties.

Loretta
226 Days on
Market
Loretta's Peers
212 Days on
Market

Average Days To Sale

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This is the average number of days it took Loretta to sell a listing when representing a seller.

Loretta
147 Days to
Sale
Loretta's Peers
152 Days to
Sale

% Listings Sold

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This is the percent of the listings that Loretta lists for sale that eventually sell.

Loretta
79% of listings
sold
Loretta's Peers
69% of listings
sold

Sale Price Spread

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This is the percent of the full asking price that Loretta was able to obtain for her seller clients on average.

Loretta
94.4% of ask
price
Loretta's Peers
94.9% of ask
price

Sale Price Normalized Spread

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This is the percent of the full asking price that Loretta was able to obtain for her seller clients on average, relative to the number days the property was for sale. It indicates the quality of her negotiation skills since the longer a property sits on the market, the harder it is to negotiate a sale price close to full asking price.

Loretta
94.6% of ask
price
Loretta's Peers
95.4% of ask
price

Average Sale Price Per Sq.Ft.

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This is the average price per square foot received by Loretta’s sellers (sale price divided by the total area of the home) as compared to her peers.

Loretta
$155 Avg. Per
Sq.Ft.
Loretta's Peers
$153 Avg. Per
Sq.Ft.
view more listing agent metrics

Buyer's Agent Performance

Better than peers
Worse than peers
Peers

# Listings Purchased

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This is the number of total transactions that Loretta completed when representing buyers to purchase a property vs. her agent peer group (‘Peers’).

Loretta
8 Listings
Purchased
Loretta's Peers
5 Listings
Purchased

Purchase Price Spread

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This is the percent of the full asking price that Loretta was able to obtain for her buyer clients on average.

Loretta
94.6% of Ask
Price
Loretta's Peers
95.1% of Ask
Price

Purchase Normalized Spread

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This is the percent of the full asking price that Loretta was able to obtain for her buyer clients on average, relative to the days the property was for sale. It indicates the quality of her negotiation skills since the longer a property sits on the market, the easier it should be to negotiate a reduction in price (or spread).

Loretta
93.8% of Ask
Price
Loretta's Peers
95.2% of Ask
Price

Avg. Purchase Price Per Sq.Ft.

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This is the average price per square foot paid by Loretta’s buyers (sale price divided by the total finished area of the home) as compared to her peers.

Loretta
$194 Avg. Per
Sq.Ft.
Loretta's Peers
$163 Avg. Per
Sq.Ft.
view more buyer’s agent metrics

Loretta Witt's Property Listings