RE/MAX Shines in 2012 Power Broker Report

By Tom Branch, on April 17th, 2012

Once again, the industry-leading productivity of RE/MAX® agents is on full display in RISMedia’s 2012 Power Broker Report, released in April, 2012.

Within the 45 RE/MAX® offices listed, RE/MAX® agents average 15.1 transaction sides each – by far the highest number in the most meaningful metric of agent productivity.

Realty Executives trail with 12.5 sides per agent, followed by Coldwell Banker (10.4), ERA (7.5), and Keller Williams and Century 21 (7.3 each).

Additionally, RE/MAX® tops the list in average agent sales volume, with $3.2 million. This is nearly $1 million more than the next closest competitor, luxury specialist Sotheby’s (2.4 million). Realty Executives ($2.3 million), Prudential ($1.95 million) and Coldwell Banker ($1.9 million) rounded out the top five.

The 2012 report ranks the top 300 brokerages based on transaction sides, as compiled from 2011 data.

Source: RE/MAX Dallas Suburbs

 

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February Existing Home Sales Decline following Sustained Gains

By Tom Branch, on March 24th, 2011

WASHINGTON (March 21, 2011) – Existing-home sales fell in February following three straight monthly increases, according to the National Association of REALTORS®. 

Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, dropped 9.6 percent to a seasonally adjusted annual rate of 4.88 million in February from an upwardly revised 5.40 million in January, and are 2.8 percent below the 5.02 million pace in February 2010.

Read the entire story.

Source: National Association of REALTORS®

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Good Economic News for Plano Texas

By Tom Branch, on October 23rd, 2010

There’s some good economic news for Plano and Collin County, Texas.

News

Licensed from iStockPhoto

Phil Dyer, Plano City Mayor, recently told a group of real estate professionals that the city cut $14m from the 2011 city budget for fiscal year 2011 beginning October 1, 2010. Even better was that this was done without raising local taxes.

In other good news, economic development is alive and well in Plano and Collin County. Collin County is on the short list for a number of corporate moves:

  • Cigna facility opening bringing in 1000 new jobs
  • Tech Tronics – 450 new jobs
  • Wallway Tech – leasing 1.3m square foot facility in plano
  • Pizza Hut World Headquarters – 600 new employees
  • Danbury Resources – 300 new jobs moving here from Ft. Worth

Tom Branch, Broker, CDPE, SFR

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