I did some research this week on 2012 TREB statistics and here is what I found.
Number of agents registered on TREB: +36,729
Number of agents who did one deal or more: +20,738
Number of units sold on TREB: 97,254
Total dollar value of sales on TREB: $47,057,472,569
Number of agents who did two or more deals: 13,998!!!!
Number of agents who did 3 or more deals: 10,109!!!!
So over 1/4 of all agents in TREB statistics did 0 deals on TREB! Astounding!
6,740 agents did one deal on TREB!
1000 agents did two deals on TREB!
How do they feed their families? They must have another source of income I guess!
What a crazy way to run an industry!
RE/MAX agents did 50,539 transaction bueyr and seller ends last year, the highest success rate of any real estate brand. So over 27% of all transactions on TREB were done by RE/MAX in the GTA last year! That is success!
Now, what about RE/MAX? The average agent from RE/MAX does 10.1 transaction ends on TREB alone not to mention the exclusive, new build and referral business they do. So no wonder the part time agents make us look so good!
I read a Facebook blog from a major competitor today showing over 80 of their agents in Wednesday night training! WOW! I guess they were too busy working at their real job so they could not make the day time training we put on!
Do not fool yourself! You can make a very good living at real estate but only by taking your career, your business, seriously as a full time, committed Realtor!
Anything else is just part time! And that makes RE/MAX look really good!
That's my thoughts anyway.....
Source: Redatum, by R.E. Stats last update March 15, 2013, Datum compiled from Toronto Real Estate Board, 2012, numbers may vary by 2.5%.
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