Thank you for participating in the Solo Agent Survey.
Let’s get to the results.
From the cool agents who responded, here is what we learned.
Type of Solo Agent:
75% Lone Wolf – solo agents who have zero assistants … and do everything by themselves
15% Side Kick – solo agents who have 1 or more administrative assistants.
10% Contract Help – solo agents who pay a transaction manager (or other admin) on a per closing basis.
* Note: these numbers held true even with additional results added second day..
Number of Administrative Assistants:
75% with 0 assistants
21% with 1 assistant
4% with 2 assistants
Number of Homes Sold in Best Year:
10% at 0-5 homes sold
13% at 6-9 homes sold
25% at 10-19 homes sold
20% at 20-29 homes sold
15% at 30-39 homes sold
10% at 40-49 homes sold
5% at 50-74 homes sold
2% at 75-99 homes sold
Annual Gross Commission Income (GCI)
18% at 0-49 thousand
25% at 50-99 thousand
25% at 100-199 thousand
30% at 200-499 thousand
2% at 500+ thousand
Wow! Cool insight.
Solo agents are doing BETTER than the industry likes to admit.
My assumption is that solo agents have a HIGHER net profit (as a percentage) too.
Maybe we’ll explore more on this topic next week.
Keep moving forward.
Master Mind Agent LLC
P.S. Are you a solo agent who did not get to participate in the survey?
You can still add your input here:
CLICK HERE AND ANSWER A FEW QUESTIONS (SOLO AGENT SURVEY)
(will only take 3 minutes)
P.P.S. Want to receive these insightful and inspirational real estate agent success ideas in your email box every day?
Hope this helps.