60% of REALTORS® Make the Deals

  Forty percent of Realtors did not close a single transaction in the first six months of this year, according to a newly released REALTOR® Productivity Study of Multiple Listing Service activity conducted by the WAV Group and sponsored by the REALTORS Property Resource®. The survey reflects responses from nearly 335,000 REALTORS®. it looks like a new 60 percent rule is the true standard for real estate.”
  The study also found that REALTORS® tend to be optimistic about the direction of their local housing markets, despite continued inventory challenges. Twenty-nine percent of REALTORS® surveyed say they are “very optimistic” about their local markets while 71 percent say they are “cautiously optimistic.”   Their optimism comes at a time when low housing inventory problems persist. More than 80 percent of the REALTORS® surveyed categorized their local inventory as “somewhat” or “very” limited.