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Val Evans

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Rainmaker
4,319,873
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Val Evans attended the team building seminar where the instructor mentioned that you should start thinking of building a team at 20 transactions and start with the admin first!

Nov 17, 2015 05:51 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

The sole practitioner, has bandwidth to complete 46 transactions a year for single family homes, based on the average direct time required per transaction and 2,000 work hours.

The sole practitioner listing agent has the band width to manage 15 listing simultaneously. 

And these numbers apply to the real estate agent with a cape.

Too often life and stuff impose that influence optimum productivity. At maximum band width a bump in the road could prove catastrophic.

Long before an agent reached the 'end of their rope' they need to be seeking force multipliers or other business modifiers. That awakening occurs when a sole practitioner transaction count creeps over 25 and on a favorable trajectory.

Dis-service is a word that agents like to use to judge other agents. However, an option every agent has when bandwidth saturation is approaching is altering their business model. Simply because agent A does not dance the same jig and agent B or even meets agent B's inflated expectation, that does not equal DIS-SERVICE. 

The reference to disservice in your question is INVALID.  Unless you were present at the dining room table when the listing agreement was signed, such judgment is recklessly and maliciously rendered.

Nov 17, 2015 04:22 AM
Rainmaker
2,071,025
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

As many I can. 

Nov 11, 2019 08:07 PM
Rainmaker
1,598,452
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

As many I have.

Nov 11, 2019 09:17 AM
Rainmaker
5,246,545
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Depends on your level of organization ad comfort with a workload. Same as for any agent in my opinion!

Nov 17, 2015 08:32 PM
Rainmaker
2,759,862
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good Wednesday morning Val. I have attended a lot of seminars and the KW model as you starting with the admin first

Nov 17, 2015 06:36 PM
Rainmaker
617,935
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Val,
A lot of good answers here. Part of it depends on your other support team, inspectors, handymen, etc. who can take some of the load off if they are good.

Nov 17, 2015 10:52 AM
Ambassador
6,425,924
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I run a business, we expand as needed.

Feb 09, 2019 10:13 PM
Rainer
6,219
Ron & Jennifer Roberts
RJ Roberts Team at Empire Network Realty - Clermont, FL
We are a Realtor team focused on what matters

Depending on your personal life and the ratio of sellers and buyers the range is 40 to 60. 

Nov 17, 2015 11:38 PM
Rainmaker
1,209,215
Amanda Christiansen
Christiansen Group Realty (260)704-0843 - Fort Wayne, IN
Christiansen Group Realty

Between the two of us, we sell between 25-35 homes per year.  I feel like that's a fair amount and we're able to stay engaged with each client/deal.

Nov 17, 2015 10:19 PM
Rainmaker
5,583,328
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

listing and selling are two very different tasks.... I've listed as many as 20 resale homes and had 3 subdivisions going ....no team....and I did all of my own paperwork.... this was 15 years ago and everyone received great service.... from there I started my team....now I only market....and my daughter has taken over the team concept....I have no team .....I get paid to market all day....

Nov 17, 2015 09:43 PM
Rainmaker
7,871,783
Roy Kelley
Retired - Gaithersburg, MD

I have sold over a hundred homes a year during my peak selling years. All of the clients received the needed attention because I had staff support and referral associates.

Nov 17, 2015 09:13 PM
Rainmaker
634,532
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

It depends on the properties because some require much more attention. Usually about 15.

Nov 17, 2015 04:14 PM
Ambassador
3,168,234
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I keep 10 to 20 listings.  I rarely work with a buyer unless it's a repeat client from past years.

Nov 17, 2015 02:35 PM
Rainer
231,224
Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

volume in dollars make a bit of a difference, and geographically spread out. i would say 3-4 a month is pushing it

Nov 17, 2015 12:27 PM
Ambassador
3,744,645
Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

Val, by "sole proprietor" I'm assuming you mean a Realtor with a broker's license who works alone rather than in a broker's office with other agents and a support staff - and we have quite a few in this area.  This is a business model that is very, very tricky.  I can see it working with buyer brokerage, but with listings, it's virtually impossible for a sole proprietor to do justice for his or her sellers on a large scale.  Many of them in my area try to do it all - often without even hiring an assistant, and they simply can't.  With Listing homes in today's market, there is marketing (which in this area needs to include Open Houses), staging, photography, and lots of things where there are economies of scale.  It's hard for a sole proprietor to pull it off unless they carry a modest listing load and focus mostly on buyers -which has it's own set of challenges!

Nov 17, 2015 10:42 AM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

At this time I have 18 listings. I'm comfortable with that number and could probably go a bit higher. 

Nov 17, 2015 10:21 AM
Rainmaker
1,578,243
Karen Fiddler, Broker/Owner
Karen Parsons-Fiddler, Broker 949-510-2395 - Mission Viejo, CA
Orange County & Lake Arrowhead, CA (949)510-2395

I don't have a set number, but when I'm really busy for any reason..I refer out. 

Nov 17, 2015 10:17 AM
Rainmaker
979,596
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Val - I think having listings versus buyers is critical to the formula. Personally, I probably wouldn't feel comfortable handling about 4-5 buyers at any given time. Considering each transaction takes about 30-45 days to close, that would be somewhere between 40-50 per year. As far as listings, I could probably manage a few more, maybe 10-15 at any one time. In that case, if DOM is typically 60 (plus a 30-45 day closing), then I could handle about 80-90 sales a year.

If I reached either of these maximums, or any combination of, I would be more than happy to hire additional staff.

Nov 17, 2015 08:21 AM
Rainmaker
5,879,816
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

This spring/summer was absolutely crazy, and know I cannot have more than 12 UC and work with new sellers.   I referred out some business for fear of not being able to give good customer service.

Nov 17, 2015 08:12 AM
Rainmaker
443,220
Cindy Davis
SD Home Source Realty - San Diego, CA

I haven't hit that limit yet!! I also think we have the luxuy of hiring help if we get busy.

Nov 17, 2015 08:09 AM
Ambassador
3,176,566
Liz and Bill Spear
Transaction Alliance 513.520.5305 www.LizTour.com - Mason, OH
Transaction Alliance Cincinnati & Dayton suburbs

Val, I think there are a lot of variables in play.  For one, I don't think it's so much as an annual number of transactions but how many of them are happening at once?  Sellers (once set up) seem to take less time than buyers.  How many hours is the agent willing to work?  How ruthless is the agent about protecting their time and finding ways to be productive with their time?  For me, I'm completing 20 transactions this year while also taking care of my engineering job.  I'm careful to make sure no one on either side of that equation is unhappy with what I'm getting done for them.  Bill

Nov 17, 2015 07:25 AM
Rainmaker
4,800,132
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

A lot depends on the amount of service required for each home.  Some require a lot, while others very little.  Personally I can comfortably service on average around 20 homes at one time.  Depending on the turnover rate would determine my yearly number.

Nov 17, 2015 04:10 AM
Rainmaker
1,507,073
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

For me, I think it is more of a concurrent listing question.  I'd guess maybe 10-15 would be the max for any one time, depending on how time intensive they were.  I had 2-3 last month and that wasn't a problem.

Nov 17, 2015 03:02 AM
Rainmaker
5,773,367
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Val,

It really depends on one's efficiencies. We have a client who has sold 25 homes a year regularly, and her focus is on listings.  She has a great support staff, and in some years has done more than that.  A

Nov 17, 2015 02:12 AM
Rainmaker
292,685
Jack Lewitz
Exit Strategy Realty - Evanston, IL

I have been a independent (Sole Practioner) for many years and I have had some very busy years and not so busy in terms of number of listings. I think it matters on how organized you are and how you plan your business. I know that its really not about the number of lisings that matter because you can have a large or small number of listings and the same sales volume. I focus on this stat more than anything.

Nov 17, 2015 01:54 AM