Yesterday we had a regional director call on the state of the US housing market and how Keller Williams Realty is faring as compared to other brokerages.
1) October housing sales in the United States are down 1% over 2007. Keller Williams closed 6% MORE homes in October 2008 than October 2007.
2) Year-to-date, housing sales are down 14% in the US versus at KW we are down only 8%.
3) The National Association of Realtors reported that Realtor membership is down 9% for the year. At KW we are down 3.8%.
4) Most of the major Real Estate firms are closing offices. Estimates are that most of them have closed or "merged" hundreds of offices. Keller Williams is, however, growing. We have opened 4 new offices in the US in 2009.
So what does all this mean? As the following charts illustrate, during this shifting market our goal has been to maintain our volume of sales despite the downturn. By maintaining our volume our market share is growing.

When the natural lag plays out, Keller Williams will be positioned to take advantage of the inevitable rebound. Riding the wave of increasing transactions and commissions by simply holding the new level of market share we have gained - and thus increasing the volume/commissions earned by our agents.

Because we believe in sharing our profits with our agents, the culture of Keller Williams is very unique. Agents and leaders are constantly sharing ideas and strategies to overcome obstacles. We believe that "together we achieve more" and the success of our company is testament to that belief.
If you would like to learn how you too can grow your business while having a life worth living, give me a call at 678-298-1665.
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