Sunday, May 16, 2010

RE/MAX MASTERS RANKED NUMBER ONE FOR AGENT PRODUCTIVITY

The Denver Business Journal has released its 2009 ranking of Denver’s top real estate brokerages. Here is the list, in terms of sales volume. 

Let's call these, "Rankings by Size":

1) Coldwell Banker – 14 offices, sales volume of $2,363,348,000
2) RE/MAX Alliance – 17 offices, sales volume of $2,135,252,781
3) Kentwood Real Estate – 3 offices, sales volume of $904,038,718
4) Fuller Sotheby’s – 5 offices, sales volume of $715,488,652
5) Home Real Estate – 3 offices, sales volume of $554,140,900
6) RE/MAX of Boulder – 1 office, sales volume of $520,597,438
7) RE/MAX Masters – 1 office, sales volume of $464,280,229
8) RE/MAX of Cherry Creek – 1 office, sales volume of $355,261,098
9) Keller Williams Central – 4 offices, sales volume of $329,288,134
10) RE/MAX Southeast – 1 office, sales volume of $277,350,010

This is an impressive list, and it shows who the “power brokerages” are in the Denver market. In terms of sales volume, my company, RE/MAX Masters, is number seven.

Now let’s dig a little deeper, and take a look at “transaction sides per agent”. This number is calculated by dividing the total number of closed transactions by the number of agents in the office.

Let's call these, "Rankings by Productivity":

1) RE/MAX Masters – 1,726 sides / 101 agents = 17.08 TPA (transactions per agent)
2) RE/MAX of Boulder – 1,237 sides / 84 agents = 14.72 TPA
3) Kentwood Real Estate – 2,231 sides / 157 agents = 14.21 TPA
4) RE/MAX Alliance – 8,834 sides / 658 agents = 13.42 TPA
5) RE/MAX Southeast – 1,342 sides / 117 agents = 11.47 TPA
6) RE/MAX of Cherry Creek – 1,077 sides / 96 agents = 11.21 TPA
7) Fuller Sotheby’s – 1,323 sides / 161 agents = 8.21 TPA
8) Coldwell Banker – 8,695 sides / 1,115 agents = 7.79 TPA
9) Keller Williams Central – 1,396 sides / 350 agents = 3.98 TPA
10) Home Real Estate – 2,532 sides / 794 agents = 3.18 TPA

So which office has the most productive agents in Denver? It’s RE/MAX Masters, which is exactly why I chose to affiliate with this office nearly three years ago.

Significantly, five of the six most productive offices in Denver are part of the RE/MAX network, which makes sense since RE/MAX agents average more experience and more productivity than agents in any other brand. 

If you want to be the best, associate with the best. RE/MAX Masters sets the standard for results.

(To view or print the entire report in a larger frame, click on the image)