Dallas Business Journal Top 25 Brokerages 2010

DBJ Top 25 by Brand

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RE/MAX Dallas Suburbs is once again in the top 25 real estate brokerages in North Texas based on closed transactions in 2010. 

Our office moved from 20th place in 2009 (1,038 transactions closed) to 14th place in 2010 (1,241 transactions closed).  We noted that 68% of the brokerages on the list had a decrease in the number of transactions closed between 2009 and 2010.

We compiled the data by brand in the chart above. We’re pleased that RE/MAX® brokerages have the highest production per agent at 13.3 transactions per agent than any other brand in the Top 25. RE/MAX Dallas Suburbs agents closed 15.51 transactions per agent–the second highest in the Top 25 (another RE/MAX® brokerage was number 1).




Source: Dallas Business Journal – March 4, 2011

Why The First Half of 2011 Will Look Bad and the Second Half Will Shine

As we start into 2011, we need to be prepared for the media frenzy that’s going to happen as the sales figures are released. The market will be “crashing” and new worries will spread throughout not only the housing market, but the economy in general.

Why The First Half of 2011 Will Look Bad and the Second Half Will Shine

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How can I make such a bold prediction? 

2010 was not a normal year. We had all the buying activity crammed into the spring driven by the Federal Tax Credits.  For those of us on the inside, we know it was crazy. I sold every property I had listed under $200k.  Come July, the market tanked. I called it, “Cash for Clunkers Comes to the Housing Market.”

So regardless of what this spring’s sales look like, it’s going to be far less than the same period in 2010. The “experts” will come to the wrong conclusions and the unsuspecting media will run with it.

That’s the bad news…there is good news though…

The second half of 2011 should be far better than the second half of 2010, the “experts” will come to the wrong conclusion, and the media will run with it. It’s going to be impossible to normalize the 2010 data so we have to accept 2010 for what it was…an anomaly brought on by the Federal Home Buyers Credits.

Based on a Presentation by Kelly Milligan, Chicago Title