Number of Real Estate Agents in the Eugene and Springfield Area Decline
Good Monday Morning!
Many business's have been touched by the slow down in both the national and local economies. Not that it should be of surprise to anyone, but the Real Estate sales industry has been severely effected by the recession. Locally, we had just under 1,200 Real Estate agents in the Eugene and Springfield market area just 3 years ago. Today that number of local agents has dropped to just over 700. This is a decline of about 500 Real Estate agents in our local market area, which is a significant decline in a period of only 3 years. Not only has the number of agents dropped, but the production level of the majority of agents has plummeted as well. Today the top ten agents in this market area are doing sales numbers similar to that of 3 years ago and the balance of well over 600 agents below them are doing significantly less business. When I look at the bottom 200 agents in sales production for this area, most have two or fewer sales for the year. This would indicate that we are just about to see another large decline in Real Estate Agent numbers for the Eugene and Springfield market area.
The reason that I bring this up is to remind the public that there is a huge difference between agents in this market place. When you are choosing an agent to represent your best interests in selling or purchasing a home, you need to do your research and make sure that the agent you choose is one of the top area agents. I would suggest not less than being in the top 20% of all agents. You need to ask for sales numbers and for statistics as to how they compare with other agents. Just checking this out can make a huge difference in who you choose to represent you and reflect this in dollars and cents in your pocket.
I am happy to say that the Galand Haas Team maintains a position in the top three of all real Estate sales in Lane County as it has for over 15 years. There is a reason for this and it starts with customer satisfaction.
Have An Awesome Week!
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