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Showing posts from October 8, 2019

Selecting an agent

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When a whole lobster was presented at the table of a restaurant, the customer noticed there was only one claw on it.   He asked what happened to the lobster and the waiter said, maybe he lost a fight with another lobster.   The customer replied to the explanation by saying "then, bring me the winner." There are approximately 1.3 million REALTORSĀ® in the U.S.   The July 2019 Existing Home Sales annualized about 5.4 million units with a listing side and a selling side that totals 10.8 million transactions.   That means that the average number of units sold per agent is 8. In any given market, 20% of the agents are selling 80% of the homes.   260,000 agents are selling 8,480,000 or an average of 32 transactions sides.   Some markets are dominated by 10% of these successful agents selling 90% of the market.   If that were the case, 130,000 agents are selling 9,720,000 or an average of 75 transactions sides. The question you should ask yourself is...