ROYAL LEPAGE ATLANTICROYAL LEPAGE ATLANTICROYAL LEPAGE ATLANTICROYAL LEPAGE ATLANTIC
  • HOME
  • PROPERTIES
    • Properties – Grid View
    • Properties – Map View
    • Exclusive Properties
    • Commercial Properties
    • New Construction
      • New Brunswick
        • Moncton, Shediac
        • Saint John, Rothesay, Sussex
      • Nova Scotia
        • Halifax, Bedford, Dartmouth, East Hants
        • New Minas, Windsor
    • Open Houses
  • CAREERS
    • Becoming a REALTOR®
      • Preparing for the Real Estate Exam
      • Real Estate Career Seminar
      • Licencing in New Brunswick
      • Licencing in Nova Scotia
    • Available Positions
    • A Look at Our Offices
  • COMMUNITIES
    • Nova Scotia
      • Halifax and Surrounding Areas
      • Annapolis Valley and Surrounding Areas
      • Pictou County and Surrounding Areas
    • New Brunswick
      • Moncton and Surrounding Areas
      • Saint John and Surrounding Areas
  • AGENTS
    • New Brunswick Agents
      • Moncton Agents
      • Shediac Agents
      • Rothesay Agents
      • Saint John Agents
      • Sussex Agents
      • Oromocto/Gagetown Agents
      • Fredericton Agents
      • Oromocto Agents
      • Charlotte County Agents
      • Miramichi Agents
      • St. Andrews Agents
    • Nova Scotia Agents
      • Dartmouth Agents
      • Halifax Agents
      • Bedford Agents
      • Enfield Agents
      • Windsor Agents
      • New Minas Agents
      • Greenwood Agents
      • Stellarton Agents
      • Digby Agents
      • Mahone Bay Agents
  • ADVICE
    • Blog
    • Market Information
    • Realtor Advice
    • Selling Your Home
    • Buying a Home
    • First Time Home Buyers
    • Relocation
      • Brookfield Relocation Services
      • Relocation
      • Military Relocation
  • CONTACT US
    • Our Staff
    • All Offices
    • New Brunswick
      • Moncton Office
      • Shediac Office
      • Rothesay Office
      • Saint John Office
      • Sussex Office
      • Fredericton Office
      • Gagetown CANEX Office
      • Oromocto Office
      • Miramichi Office
      • St. Andrews Office
    • Nova Scotia
      • Dartmouth Office
      • Halifax Office
      • Bedford Office
      • Enfield Office
      • Windsor Office
      • New Minas Office
      • Greenwood Office
      • Stellarton Office
      • Digby Office
      • Mahone Bay Office
Find us here!

HRM Agent Resources

Saint John Agent Resources

Moncton Agent Resources

Valley Agent Resources

✕
More Options

11 Stats That Every Realtor Should Know (And Remember)

50 Great Ways For Realtors To Stay In Touch With Their Sphere Of Influence
February 2, 2017
3 Tips for Organizing Your DayPlanner (For Great Agents!)
September 4, 2017
February 2, 2017
Categories
  • Realtor Advice
Tags

You don’t have to be a mathematician to be a great realtor.

But there are a few number-related things worth knowing if you want to rise to become one of the industry’s best agents. Its definitely a differentiator in the real estate industry to have insight and information that your competition does not. Its also a competitive advantage to understand the market better than your competition.

Over the years, the team and I have partnered with agents from all across Canada. We’ve worked with some of the best and we’ve learned from them too. We have noticed that the realtors who know their numbers (the facts and figures Im going to share with you today) are always the most impressive and leads are more likely to take notice.

Below are 11stats about your own productivity and the industry as a whole that every agent needs to know (and remember).

Your Own Personal Effectiveness

  1. List to sale ratio
  2. Average number of days your listings spend on the market
  3. Percentage of listings that actually sell

Market effectiveness

  • All of the above for your competitors
  1. Number of homes that have sold in your market area during the last 12 months
  2. Number of listings that have come on the market in the last 12 months
  3. Number of houses in your market area
  4. Months of inventory that exist in your market today (i.e., if no other homes were ever listed in your market, how long it would take to sell out based on your current inventory)
  5. How much penetration the dominant player in your marketplace has
  6. Your year-over-year growth in sales
  7. Number of new construction, single-family and multi-family starts year to date
  8. Number of homes that have failed to sell so far this year

If any of these stats seem a bit daunting to identify, we promise that once you learn them, its not even as difficult as that grade 12 algebra exam. At Royal LePage Atlantic, we offer training and support for our agents on the regular basis to ensure they know how to monitor their own numbers as well as important numbers about their market and the real estate industry as a whole.

If you’re interested in learning more about Royal LePage Atlantic and how we work with some of the most successful agents in the region, please get in touch – Wwe’d love to chat.

Click here and let’s schedule some time to connect.

Share
1

Related posts

November 23, 2022

Preparing Your Home For The Winter Months


Read more
October 17, 2022

Selling Your Home During A Major Life Change


Read more
August 29, 2022

4 Ways Real Estate Agents Provide You Value


Read more

Search Blog

✕

Blog Archives

  • November 2022 (1)
  • October 2022 (1)
  • August 2022 (1)
  • June 2022 (1)
  • May 2022 (1)
  • March 2022 (2)
  • February 2022 (1)
  • December 2021 (2)
  • November 2021 (1)
  • October 2021 (1)
  • September 2021 (1)
  • August 2021 (2)
  • July 2021 (1)
  • June 2021 (1)
  • May 2021 (1)
  • April 2021 (1)
  • March 2021 (1)
  • February 2021 (1)
  • January 2021 (2)
  • December 2020 (2)
  • May 2020 (1)
  • April 2020 (1)
  • March 2020 (1)
  • January 2020 (1)
  • November 2019 (1)
  • July 2019 (1)
  • April 2019 (8)
  • March 2019 (5)
  • October 2017 (1)
  • September 2017 (1)
  • February 2017 (3)

Blog Categories

  • Buyers (25)
  • COVID-19 Agent Resources (3)
  • First Time Home Buyers (24)
  • Market Information (1)
  • Realtor Advice (31)
  • Relocation (20)
  • Sellers (35)
  • Uncategorized (10)

Follow Us

ROYAL LEPAGE ATLANTIC
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.
© 2018 BRER Affiliates Inc. An independently owned and operated broker member of BRER Affiliates Inc.

Powered by YOAPress.com

Sign into your account

Create an account

Reset Password

Reset Password

Register here! Forgot Password? Back to Login