Thursday, January 8, 2009

BY THE NUMBERS: FAST FACTS ABOUT THE TOP 100 REAL ESTATE COMPANIES

Courtesy of Mariwyn Evans at REALTOR Magazine, here are some interesting facts and figures about the Top 100 Real Estate Companies in America for 2008...

20: Companies with gains in sales volume
17: Companies with gains in transaction sides
7.3: Average number of sides per associate
13.8%: Decline in average number of transaction sides
6.1%: Drop in average number of sales associates
2.4%: Drop in average number of offices
10.1%: Decline in average sales volume


Here's an interesting piece of data: while 80% of companies in REALTOR Magazine's Top 100 saw a decline in overall sales volume, these companies only lost 6.1% of their agents. Estimates nationally are that between 35 and 50% of licensed agents will leave the business when their licenses expire, based on current trends.

The takeaway is this: the best agents are with the best companies.

RE/MAX agents are involved in more than 30% of all real estate transactions in the state of Colorado, and agents in my office average more than 13 years of experience.

In tough times, the brand matters. Experience matters. And the REALTOR Magazine Top 100 survey bears this out.