I feel the need to explain the lack of posting; the last few weeks have been spent with clients who have successfully closed, as well as planning the 4th Annual Morrison Ranch Pecan Festival (a neighborhood event) on top of that I also spent 3 days away from the office this week learning how to best help my clients in this market, as well as mentoring other agents to do the same; while at the Phoenix Turning Point I heard alot of the same statistics that I posted earlier this year and I felt it would be worthwhile to repost them as they are SO pertinent to anyone considering a move.

From Sept 30th posting:

There are currently over 1.6 million Realtors licensed nationally that belong to NAR (National Association of Realtors); almost 700,000 have yet to sell a home this year!

2/3 of all licensed Realtors have been in business 5 years or less

These stats should help any seller decide that no matter who they choose to hire, they need to be very diligent when deciding to sell their homes; get a referral & ask hard questions, how many houses have they SOLD since the market became normal? That's right I said normal...

How long have they been licensed? are they a FULL-TIME agent? do they operate like a business with high standards in place?

Ashtonishing statistics that I feel my business is in line with:

• Re/Max agents have the most repeat & referral business, mine is currently 78%
  
• We make up 7% of NAR, but account for 16-18% of the sales and collect 20% of the commissions, why does that matter to you? Ask yourself this would you really want to list your home for sale with the other 93% of the Realtors currently licensed who hold smaller pieces of the market share?
  
• 52% of all TV real estate ads are Re/Max
  
• Re/Max has the #1 home search site built by a real estate brokerage/corporation, traveled by consumers, bringing leads to the agents' sellers; Realtor.com is the highest traveled but was built originally to capture leads which are 'sold back' to the listing agents.

Whatever you choose to do be sure that you investigate, ask tough questions, seriously consider the implications of hiring an agent who has been licensed under 5 years (they are struggling to understand our current market) and if it sounds like I may 'fit the bill' please call me to schedule an appointment for us to discuss your goals... I'd LOVE to help!

Yours to Count On,
Erika Madsen
Real Estate Consultant
Re/Max Power Realty
"Your Advisory Team" Founder/Manager
480-695-6572

p.s. if you or anyone you know is considering a move in the current real estate market- you deserve an agent who has a strong knowledge to help you succeed! Visit http://www.PhoenixAreaMls.com/ to learn more about Your Advisory Team & Our Performance GUARANTEES!!