Working with Realtors; Does Experience Matter?

What Does All This Mean?

According to the Raleigh Area Association of Realtors and the Triangle MLS in the Raleigh-Cary-Durham-Chapel-Hill markets commonly referred to as the Triangle there are nearly 7,500 active real estate agents. Last year these real estate agents collectively sold and closed 29,469 real estate transactions or what amounts to an average of 3.9 transactions per agent. Arguably, there are many agents in Raleigh-Cary-Durham and Chapel Hill who sold  sold more, but then that would mean others are selling even less. These numbers are important to consider particularly when realizing that the average real estate broker in this market conducted on average about two thirds less business than the average realtor nationally. That tells me that the overwhelming majority are either very new or very part time, either way they are the least skilled among their peers.

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.