Largest producers in your market

[MarcinSarasota]

What type of business models do the largest producers in your market have?
Do they work the luxury segment, internet Realtors, REO's, listing agents, buyers agents etc?

In Sarasota, the REO agents will probably do the most business for the next few years. However, the luxury agents who focus mostly on listings consistently produce the most.

[John Allen]

Marc and I have discussed this quite a bit. Right now, the top Sarasota Florida REO/Foreclosure/Short sale specialists are doing the highest volume. Several are doing 30-40 transactions per month. In the past, the luxury agents specializing in higher valued properties have lead the sales.

[donnalong]

We don't have quite as many REOs in our area but there are a lot of agents who do REO properties who are doing really well. The top Realtors in our area handle new construction.

[Malok]

What type of business models do the largest producers in your market have?

For our market, it seems to be the "If we can hire enough agents & assistants to put on our team, it doesn't matter how much net profit there is, as long as we can toss around big numbers of gross closed commissions and get awards."

Cause if you break out the sales on a per person basis and add in their overhead - most are definitely not doing that great.

[HanzInvest]

Our market seems to have some high producers with the reo sales however I think the high producers on a year to year basis are prople who have lived and worked an area for a very long time.

[houses for sale franklin]

There are many agents who do REO and other foreclosures,listing agents might do more in the future. In market I think it doesn't matter where the largest producers have come as long as it gives value to the market.

[sam@bcre.com]

It's not unusual for REO agents in Orange County, California to sell 600-1000 homes a year. It's really big business here!

[donnalong]

It's not unusual for REO agents in Orange County, California to sell 600-1000 homes a year. It's really big business here!

That is a lot of houses!

[sam@bcre.com]

Yes, and those agents like to be untouchable. They hide behind several assistants and it's impossible to get them on the phone. I guess it needs to be set up that way to handle the large volume of homes

[donnalong]

There is a mountain of paperwork with REOs. It is a great business to be in and you can parlay it into working with investors because you will be able to give them first shot at some great deals