Levels of Awesomeness

We’ve already taken a look back at how the real estate markets did in 2010, but there’s another review we can do that is just as exciting. How did the local agents do? And more importantly (to us), how did we do compared to everyone else?

Before going any further, we have to define the ground rules. We like to keep it simple. We look at sold dollar volume in the Connecticut Multiple Listing Service for agents based out of West Hartford. We compare teams and individuals, and try to consolidate MLS records for agents that work together as teams if they use individual CTMLS IDs. This isn’t a perfect system, but it’s widely accepted and the best data we have. Check out last year’s version of the post for more commentary on the criteria. All data is from the CTMLS, which is deemed reliable, but not guaranteed.

Once again we found that over 300 real estate agents based in West Hartford did at least one transaction. The chart below shows how many agents finished the year with production in specific ranges. For example, there were 9 agents that finished the year with total production of between $4 million and $5 million.

2010 Production of West Hartford Agents

As usual, the vast majority of agents are on the low end of the sales volume distribution. The number selling less than $1 million in real estate for the year increased to 173 agents this year (from 150 last year), while most other buckets remained about the same.

The other end of the chart, the “Top Producers,” is made up of the usual suspects. The order changes from year to year, but the names are all the same and are probably familiar, especially to those who keep a close eye on the West Hartford market. Many will claim to be number one in something, but the true Number One had a very strong year with over $29 million in sales volume. Number Two was close behind at over $26 million, and then we drop down to $22 million, $21 million, $17 million, $16.5 million, $13+ million, and $12+ million before the chart kicks in.

For 2010, we ranked 13th overall, officially selling about $8.1 million. Our performance is an improvement over last year (17th), and once again puts us pretty high up the list. We’re still not to the level of Most Awesome (or should the highest level be “Totally Awesome?”), but we’re making good progress.

Last year we staked our claim as the Number One Under Age 40, and are happy to report that we defended that title in 2010. Thank you to all our clients and advocates! Your patronage and referrals, not to mention trust and confidence, is the only way that a business like ours grows, and we definitely appreciate your support.

Looking forward to 2011, we hope to defend our current title again and continue growing our business. Although we highlight the rankings once a year, our day-to-day priority is providing top-notch service to individual clients. We hope to have exciting news to share next year at about this time, but the nature of the real estate business makes long-term predictions difficult. The year looks promising so far – that’s the best we can do. So we’ll just have to keep working hard and doing right by our clients and trust that they’ll spread the word.

We’re going to take an hour or so today to enjoy our awesomeness (we’re thinking our level is “kinda awesome”) and then we’re back at it. Thanks again for all your support and referrals!

3 thoughts on “Levels of Awesomeness

Comments are closed.