50% of the market share is owned by 10% of the agents in our market. In other words about 350 out of about 3500 agents are handling about 3.5 billion worth of sales volume, a 10m plus per agent annual average. This is not by accident or coincidence. It is from intentional actions to capture more market share. As the amount of transactions this year will be significantly less than last year, (NAR is predicting a 9% reduction nationwide, we are seeing a 15% reduction in West Michigan) capturing more market share becomes vital to the success of your business.
If the challenges of this market have you concerned about the future, the good news is you can take the same intentional actions. The top 10 percent’s success is not by accident and their tactics are no secret. You can replicate it and the time to start is now. Over the next several weeks we will be covering specific actions and tactics geared to increasing your market share. So make sure to subscribe below because the truth is some agents will not survive the reduction in sales this year, some will, but anyone can if they take the right actions. If you want a sneak peak of the top 5 tactics send me an email or text. Keep elevating our industry.
Watch Video: https://youtu.be/wfq54FGzDDg
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David Veldkamp
RE/MAX GR
(616) 460-6123 (Call or text)
daveveldkamp@remax.net