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Interesting Stats

September 01 2011

This post was written by Mitch Ribak of the Real Estate Success Network. It appeared originally on his blog.

At the end of June I was asked a question which I didn't know the answer. I was asked what percentage of our closings are from the current year leads. Interesting I thought since I have never done that equation. Of course that made me have my stat girl, take a look at our 2011 sales through the end of June. Here are the stats:

48% of our sales came from leads from 2011

25% of our sales came from leads from 2010

27% of our sales came from leads from 2009 and earlier.

This isn't off from what I had thought they would be. In fact, it solidifies my belief that those Agents who stay in touch with their customers will have more sales. I know I'm always hounding everyone about the importance of building relationships, and this is the reason why. More than 50% of our sales come from leads that are 9 months or more old.

If you are complaining because business and bad and you are broke, pick up the phone and within a short time your life will change!

Call your leads!!!!!

Read more from Mitch Ribak on his blogblog.

Other articles of interest: Understanding the Millennials Part I | AgentOffice