I read on Charlie’s blog about REALTOR Magazine’s Top 100 companies list for 2008.  I love that issue.  It really gives a snapshot on who’s doing what and where and with whom.

I will be the first to admit that my math skills suck are not as strong as some others.  But when one has a SHARP EL-1750PII calculator, I can handle the basic division that I’m about to illustrate.  Not to mention that the magazine did it for me…but I had to double-check, due to the swoon that occured when I first saw the numbers.

Let’s start off with a little chart, shall we?  One put out by REALTOR magazine (and from where I snatched today’s title):

 

0907_top100chart

Those are some pretty intimidating numbers, overall.  Of course, since I am me and all about RE/MAX Allegiance, I had to do the big comparison of our nearest local competitor in those statistics.  That would, of course, be Long and Foster.  They are number three this year.  That is a great impressive number….especially when you look at number one as being the NRT uber company.  (Personally, I’m not sure that NRT belongs in this as it is a bit misleading, but I digress).

Long and Foster, a big company here in the mid-Atlantic region, has 217 offices with 13,849 associates.  They did a whopping $25,582,300,000 in business last year.  Them’s a lot of pennies!  With their 13,849 associates that works out to an average sales volume of $1,847,200 per associate.

RE/MAX Allegiance, the #1 selling RE/MAX Brokerage in the world, has twenty eight (28) offices and 800 associates.  We did $3,159,200,000 in sales volume.  THAT averages out to $3,948,900 per associate.  That is right. 

RE/MAX Allegiance associates exceeded Long and Foster’s associates by more than double. 

In transaction sides, Long and Foster had 71,903 total sides.  Great number!  I hope that contracts were emailed instead of printed, that is a lot of trees in paper!  That 71,903 sides divided by the 13,849 assocites works out (using my trusty SHARP), to 5.192 transactions per associate.  I’m being nice here; REALTOR magazine rounded down to five (5).

RE/MAX Allegiance had 9,551 sides.  That number, divided by our 800 associates works out (one more shout out to SHARP), to 11.939 transactions per associate.  REALTOR magazine, in this case, rounded up to twelve (12).

Outstanding agents; outstanding results is more than twice the number of transaction.  RE/MAX Allegiance.  Wow.

The average commission in this area is what….say $12,000?  Times seven (7).  How much more money would you have made? 

 How much? 

Wow.