I hope you enjoy my thoughts on real estate, market statistics, how-to's, and pieces I find interesting on buying, selling, remodeling, new construction, investing, and saving your resources.
This is more scary market news to me. The average Realtor in the US completes only 7 sales per year. In my opinion it's hard to stay on top of things professionally if you only do it a handful of times each year. I think you learn through experience. Here's the scoop from the NAR 2010 Member Profile that outlines business activity of Realtors®
*In 2009, the typical brokerage specialist had seven transactions—the same number as the previous year.
*Almost half of REALTORS® completed at least one transaction involving a property in foreclosure and 40 percent completed at least one transaction involving a short sale.
*The typical REALTOR® worked 40 hours per week in 2009, a trend that has continued for several years.
*The typical REALTOR® earned 18 percent of their business from past clients and customers
*REALTORS® spent a median of $220 to maintain a website in 2009.
*Thirty-six percent of REALTORS® reported having generated some business from holding an open house.