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Realtors Selling $5,000,000 or more?

By
Industry Observer

Does anybody know what percent of Realtors are selling $5,000,000 or more per year in gross production?

Where could I find this information? 

How about a breakdown by city or population such as Real Estate Sales, Toledo Ohio...

Our MLS system won't report this to agents, only brokers, apparently... 

Real Estate Toledo OH Homes For Sale

http://www.dugansells.com/

Comments(6)

Sharon Simms
Coastal Properties Group International - Christie's International - Saint Petersburg, FL
St. Petersburg FL - CRS CIPS CLHMS RSPS
You may be able to construct the data yourself from the MLS. Are you able to search by listing agent or selling agent? If so, you can qualify by price point. If you can't search by agent, you probably don't have too many agents or homes selling over that price (if you do, congratulations) so if you searched all sales above $5,000,000 you could compile the data yourself - then relate the number of agents to the number in your board.
Jul 29, 2007 02:39 AM
Rich Kruse
Gryphon USA, Ltd. - Columbus, OH

why not just ask your broker to get it for you.  you can even draft the letter for him.  he spends 2 seconds signing the request and you fax it to mls.

jsut a thought.

Jul 29, 2007 03:51 AM
Eric Bouler
Gardner Realtors, Licensed in La. - New Orleans, LA
Listening to your Needs
Guess,less than 10%. Our brokers get a ranking. It will be much less than you think.
Jul 29, 2007 03:55 AM
Marygrace Liparoto
The Charles Reinhart Company CRS, GRI, ABR (734) 497-6774 - Ann Arbor, MI
Ann Arbor Realtor

Lonn,

I can fax you the list for Monroe, DRAR and Realcomp.  You should be able to pull it up unless there is a restriction on your access.  Aslo RE/MAX of SE Michigan send sus this amzing compilation they pay for from a CA based marketing company that compiles the list.  We get it each quarter.  It helps us recruit producers.  Deb should be getting it too.  It has email addresses that will help youcompile a mailing list to send eflyers to and help market your listings.

Jul 29, 2007 03:07 PM
R. B. "Bob" Mitchell - Loan Officer Raleigh/Durham
Bank of England (NMLS#418481) - Raleigh, NC
Bob Mitchell (NMLS#1046286)

I would guess that it would be less than 1% of agents, but that would just be a guess on my part.  I would also suspect that it would be easier to make those kinds of numbers in a higher dollar market too.

 

Bob Mitchell

ValueList Real Estate Services, Inc. 

Aug 01, 2007 03:07 AM
Lonn Dugan
Toledo, OH

Turns out that in our market the answer is, less than 5% or about 5% of all Realtors will sell enough houses to total $5,000,000 or more in gross dollar value sold in 12 months.

Still don't know the national average.

Aug 01, 2007 04:13 AM