What do you really know about the Real Estate Market? This is not the normal “fluff” that you are constantly being flooded with. Hold on to your hats! What is changing and where will it be? Here are some hard cold facts and conclusions that you won’t hear anywhere else! More importantly – understanding how these changes can work to your advantage!
Before we can build our real estate business, we need to understand the market we are in. This is based on 2014 numbers – but the points are more relevant than before.
Good Market vs. Bad Market:
Do you care if the market goes up or down? (hint: NO!)
We care if there is activity and there are transactions. As long as there is activity, we get paid.
Do brokers and agents talk about transactions?
No, they talk about DEALS. There are two sides to every deal – listing side and selling side. There were approximately 10,400,000 deals (sides) in 2014.
That’s over 10,400,000 chances to get paid!
Majority of new home sales didn’t pay agents and brokers. Builders don’t usually co-op.
Who is getting the money?
2014: just under 1 million “Realtors”, but 2,300,000 “Licensees.” This is down from 2006. There are approximately 300,000 fewer brokers and agents than in 2006, yet transactions are going up. That means there will be more money for everyone who is still here!
Do you have additional questions on this topic or want us to start a new discussion for FREE Broker School? Join the #freebrokerschool conversation – Leave your comments right here on our blog and continue the conversation. We want you to have any real estate tools you need at your disposal.
FREE BROKER SCHOOL – “Everything you need to know, but no one else will ever teach you!”
Free Broker School and RIO Genesis are part of RIO Genesis Software Solutions, the industry’s premier Real Estate Brokerage Software.
FreeBrokerSchool.com is a resource to give brokers the advantage in running their offices. Hey – they know how to sell properties well, but they don’t always know all of the ins and outs of running a successful real estate brokerage. These videos are designed to give you the inside scoop from industry leader and success tornado, Mike Krein. You can’t take notes fast enough when he starts giving tips. These videos allow you to watch one nugget topic at a time, digest it and implement it to add to your success.
Subscribe to ALL episodes that will include the PDF presentations, as well. It’s free. It’s https://freebrokerschool.com
Learn more about RIOGenesis Software.