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Your opinion please - Help in setting up a GOAL.

By Tere Cardenas

Real Estate Agent with RE/MAX Alliance

January 06, 2012 02:17 AM

What’s the goal in number of transactions that a new agent should have for his/her first year in this business? Looking forward to your input! Please provide actual numbers, not just “the sky’s the limit” type of comment. The market is Colorado, which is a normal market (didn't have a big boom and didn't have a big crash). Thanks!!!

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Richard Weeks

Dallas, TX

REALTOR®, Broker

I would take the approcach how much do I want to make. Then what is the average sales price and then the commission I will make off of that sale. Then you know how many transactions you need. Also what percent from seller and buyers.

Jan 06, 2012 02:25 AM

Kathy Judy

Tri-Cities Real Estate retired - Ontario, OR

unless you are working in a real pricey area, I would say 15-20 deals that close- usted es trabajando con personas latinos y usualmente esa pedazo del mercado es mas dificil y usa mas tiempo. Asi pensa en que esa quando hace su programa, bienvenidos a bienes raices. Trente perciento de mis negocios son con personas latinos. No estoy muy bien a hablando Espanol pero puedo enterder y explicar por mis clientes si ellos tienen mucho paciencia. lol

Jan 06, 2012 02:44 AM

JM Padron, CCIM, CCP

THE JMTEAM NETWORK - Destin, FL

CCIM, CCP, International Commercial Broker

I think that the right number for a beginner should be 12 transactions excluding rentals. This is one per month.

Jan 25, 2012 10:35 PM

J Perrin Cornell

Coldwell Banker Cascade Real Estate - Wenatchee, WA

Broker, ABR, VAMRES

Ok, I started in March '04. My broker would not let me do anything for the first month except get to know the market and understand the "real real estate" not just what the book says. So sales wise I had April through December and I booked 17 transaction. Actually my first closing was in June so really there was just six months of closings...

May 13, 2012 11:04 PM