massachusetts real estate agents by the numbers

9
___________________________________________________________________________ There were over 50,000 transactions entered into MLSPIN from 01/01/2014 to 10/31/2014 with a staggering 13,838 agents were involved in at least one deal There were over 50,000 transactions entered into MLSPIN from 01/01/2014 to 10/31/2014 with a staggering 13,838 agents were involved in at least one deal How well do you know your agents numbers?

Upload: the-russell-realty-group

Post on 21-Jul-2015

103 views

Category:

Real Estate


2 download

TRANSCRIPT

___________________________________________________________________________  

There were over 50,000 transactions entered into MLSPIN from 01/01/2014 to �10/31/2014 with a staggering 13,838 agents were involved in at least one�

deal �

There were over 50,000 transactions entered into

MLSPIN from 01/01/2014 to �10/31/2014 with a

staggering 13,838 agents were involved in at least one�

deal �How  well  do  you  know  your  agents  numbers?  

___________________________________________________________________________  

There were over 50,000 transactions entered into MLSPIN from 01/01/2014 to �10/31/2014 with a staggering 13,838 agents were involved in at least one�

deal �

There  were  over  50,000  transac<ons  entered  into  MLSPIN  from  01/01/2014  to  10/31/2014  with  a  staggering  13,838  agents  were  involved  in  at  least  one  deal  

There were over 50,000 transactions entered into

MLSPIN from 01/01/2014 to �10/31/2014 with a

staggering 13,838 agents were involved in at least one�

deal �

13.72%  of  the  agents  who  completed  a  transac<on  thus  far  in  2014  did  only  1  transac<on.  That’s  about  1  in  7.5  agents  only  doing  1  deal  in  2014.  

___________________________________________________________________________  

There were over 50,000 transactions entered into MLSPIN from 01/01/2014 to �10/31/2014 with a staggering 13,838 agents were involved in at least one�

deal �

12.48%  of  agents  completed  exactly  2  sides  

There were over 50,000 transactions entered into

MLSPIN from 01/01/2014 to �10/31/2014 with a

staggering 13,838 agents were involved in at least one�

deal �That  means  26.20%  of  agents  completed  two  or  fewer  deals  so  far  in  2014.  That  is  a  liRle  higher  than  1  in  4  agents  listed!  

76.25%  of  agents  in  this  study  completed  ten  or  less  deals  in  the  first  10  months  of  2014.  3  of  4  agents  we've  compiled  are  comple<ng  1  deal  or  less  a  month.  

___________________________________________________________________________  

___________________________________________________________________________  

There were over 50,000 transactions entered into MLSPIN from 01/01/2014 to �10/31/2014 with a staggering 13,838 agents were involved in at least one�

deal �

52.98%  of  agents  listed  have  completed  five  or  less  transac<ons  thus  far  in  2014.  Over  1  in  2  agents  are  closing  only  1  transac<on  every  2  months.  

87.66%  of  agents  in  this  study  completed  fiXeen  or  less  deals  in  the  first  10  months  of  2014.  That’s  almost  9  of  10  of  these  agents!  

76.25%  of  agents  in  this  study  completed  ten  or  less  deals  in  the  first  10  months  of  2014.  3  of  4  agents  we've  compiled  are  comple<ng  1  deal  or  less  a  month.  

___________________________________________________________________________  

Now  let's  take  a  look  at  overall  sales  volume...      

32.1%  of  agents  have  done  $1,000,000  or  less  in  sales  volume  thus  far  in  2014.  This  translates  to  that  agent  selling  less  than  $1,000,000.  

61.32%  of  agents  in  this  study  accounted  for  $2,500,000  or  less  in  sales  volume  thus  far  in  2014.  That's  over  3  in  5  agents  comple<ng  less  than  $2,500,000  in  sales.  

82.48%  of  agents  accounted  for  $5,000,000  or  less  thus  far  in  2014.  

___________________________________________________________________________  

These  numbers  only  account  for  agents  who  have  figured  into  a  transac<on  in  2014.  How  many  agents  in  the  state  do  you  think  are  ac<vely  licensed  and  haven't  done  a  transac<on  yet  this  year?  The  answer  is  thousands.  

94.10%  of  agents  account  for  $10,000,000  or  less  thus  far  in  2014.  This  means  that  only  5.9%  of  the  ac<ve  agents  we  compiled  statewide  accounted  for  over  $10,000,000  in  sales.  

___________________________________________________________________________  

___________________________________________________________________________  

hRp://www.boston.com/realestate/sponsored/re_numbers/2014/11/do_you_really_know_your_real_estate_agent.html  

*Sta<s<cs  used  were  taken  from  MLSPIN  numbers.  These  in  no  way  account  for  every  sale  in  this  <me  period  and  are  a  representa<ve  sample  only.  Numbers  used  for  illustra<ve  purposes  only