Category Archives: Interesting Facts

Consider a LeadingRE Firm For Your Real Estate Needs

Leading Real Estate Companies of the World® is a network of over 500 of the very best real estate firms that are located in nearly 50 countries. These firms have 3,500 offices with 120,000 sales associates. In 2013 these firms had sales of $314 billion dollars representing over one million transactions, which placed Leading Real Estate Companies of the World® #1 in sales volume in the United States.

Sales volume numbers for 2013 were as follows:
Leading Real Estate Companies of the World® – $314 billion
Coldwell Banker – $267 billion
Re/Max – $221 billion
Keller Williams – $131 billion
Century 21 – $122 billion
Prudential – $114 billion
Berkshire Hathaway Home Services – $80 billion
Real Living – $44 billion
Sotheby’s International Realty – $28 billion
ERA – $22 billion
Realty Executives – $19 billion
Better Homes & Gardens – $12 billion

Firms affiliated with Leading Real Estate Companies of the World® can offer sellers global exposure of their home in addition to strong marketing expertise at the local level. Leading Real Estate Companies of the World® has the resources to market your property to the highest possible number of potential buyers. With 120,000 talented associates around the world, they expose your property to buyers on six continents ensuring more eyes are on your property. In addition they receive inbound clients from other affiliates around the globe who are interested in purchasing a home.

If you are looking for the best real estate firm to sell your home, then you need to consider a firm that’s affiliated with Leading Real Estate Companies of the World®.

Source: Leading Real Estate Companies of the World®

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Real Estate Career Opportunity

Ferguson Realtors is looking to add to its current staff of real estate agents. We offer training and mentoring, plus company generated referral business. In addition; our firm is a longtime member of Leading Real Estate Companies of the World®  which connects us with over 500 premier real estate firms around the World.

Check us out at www.TopofKnox.com; or better yet, give us a call at (800) 747-0713 to schedule a confidential interview.

 

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REALTORS® Code of Ethics

The REALTORS®’ Code of Ethics was established in 1913 by the National Association of REALTORS®. It’s a set of rules that were established to raise the standards of professionalism and service in the real estate industry. The rules are divided into three areas: 1) a broker’s duties to his clients, 2) a broker’s duties to his fellow brokers and 3) a broker’s duties to the public. The current Code of Ethics contains seventeen articles.

Over its one hundred year history, the Code of Ethics has been amended and revised to keep up with the changing times. Local REALTOR® Associations are charged with enforcing the Code of Ethics and handing down punishment to those found to be in violation of one or more of the articles.

To keep REALTORS® up to date on the Code of Ethics, the National Association of REALTORS® requires all REALTORS® to take a training course on the subject every four years.

In recognition and appreciation of their obligations to clients, customers, the public, and each other, REALTORS® continuously strive to become and remain informed on issues affecting real estate and, as knowledgeable professionals, they willingly share the fruit of their experience and study with others.

Source: National Association of REALTORS®

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How Do FSBO’s Stack Up?

Here are the results of how For Sale By Owners (FSBO’s) compared to sellers who were assisted by a real estate agent:

88% – Sellers who used a real estate agent
12% – FSBO sellers & others

$230,000 – The sale price for a typical agent-assisted home
$184,000 – The FSBO sale price for a typical home

Source: 2013 National Association of REALTORS® Profile of Home Buyers and Sellers

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New Home Features

According to the U.S. Commerce Department 569,000 new single-family homes were completed in 2013. The average size was 2,598 square feet. Most had at least a two car garage and central air conditioning.

Here are some of the more common features:
91% – Air conditioning
61% – Heating system powered by gas
59% – Forced air furnace
53% – 2+ stories
44% – 4+ bedrooms
33% – 3+ bedrooms
29% – Full or partial basement

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