While sipping my morning coffee, I was reading a story in Texas REALTOR® magazine titled, "How Do You Compare?" It was a story about the "average" Texas REALTOR® using 2010 sales data. I was amazed.
Median Sales Volume
The average Texas residential REALTOR® did $900k in sales volume in 2010. We closed $9.1m in 2010 and over $13m so far in 2011. Only 10 percent of Texas REALTORS® did $5m in sales or more in 2010 and less than 2 percent did $10m or more in sales.
Transaction Sides
The average Texas REALTOR® closes 3 transactions a year. Those REALTORS® with less than two years of experience close 2 sides a year while REALTORS® with 16 or more years of experience close 11 sides per year. Experience counts. We closed 73 sides in 2010 and 95 sides so far in 2011.
Maintain a Blog
Only 13 percent of Texas REALTORS® have a blog and that number goes down to 9 percent in 2011. Note that survey question did not ask if it was an active blog.
Is there a coorelation between blogging and success?
Photo: Licensed from iStockPhoto
Tom Branch and Gina Branch, The Branch Team with RE/MAX Dallas Suburbs, service the greater North Dallas suburbs including Dallas, Plano, Allen, McKinney, Frisco, Lewisville, and Carrollton. While Gina concentrates on traditional listings and buyer/tenant representation, Tom specializes in assisting distressed homeowners to avoid foreclosure. Tom and Gina have published two books (Achieving Rock Star Status and The Field Guide to Short Sales) and are available for speaking engagements in the greater Dallas - Fort Worth Metroplex. Subscribe to The Branch Team Blog.
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The Branch Team - Texas Real Estate Broker 547597 | Team Members are Texas Licensed Real Estate Professionals
Tom Branch - National Mortgage Licensing System 341963
Important Notice: The Branch Team with RE/MAX Dallas Suburbs is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit rating.
All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental.
