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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 REALTORS® 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 who do you want representin