Working with Realtors; Does Experience Matter?

According to the National Association 2013 Member Profile Report:

  • The typical broker had 12 transactions in 2012 compared to 10 in 2011.
    • The typical agent had total sales volume of $1.5 million in 2012.
    • Most reported having 1 transaction involving short sale or foreclosure in 2012.
    • The typical member has 13 years of experience
      • Realtors with 16 years or more experience had a gross median income of $57,300 (31% more than the average) compared to $9,700 for Realtors with 2 years or less experience.
      • The median business expense rose in 8.4% 2012 to $4,900, up from $4,520 in 2011.
      • The typical Realtor is a 57 year old white female who attended college and is a homeowner.
      • Realtors spent a median of $200 to maintain a website in 2012.

Comments

  1. […] Working with Realtors; Does Experience Matter?10000Working with Realtors; Why Experience Matters I’ve been a mortgage loan officer since 1998. During that time I have helped literally thousands of families to purchase and finance their homes. During that period I have also worked with hundreds of real estate brokers. One thing that has remained constant is that not all real estate… […]

  2. Very good and concise information. You must give me advice with video blogging as I have been wanting to do it, but have yet to start. I think it could be good for business.

    1. Thanks Steve! If Content was King in 2012, video is King in 2014! I actually just this evening scheduled studio time next week to record three new videos. I’m happy to connect with you one off to talk strategy, perhaps we can do a google hangout sometime.