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Two Brokerages, Two Different Models: Which Had More Transactions?

by Chicago Agent

For this week’s By The Numbers, LeapRE looked at the market transaction percentages for two emerging brokerages, @properties and Redfin.

As a brokerage, Redfin has had impressive growth since 2009 – its total transactions have grown to almost 250 percent. However, when compared to @properties, which has participated in transactions worth 14 percent of total transaction volume, Redfin remains a small market presence, participating in transactions worth 1 percent of total transaction volume. These statistics apply to non-commercial, non-land listings that were for sale starting January 1, 2009.

Leap Real Estate Systems is the leading provider of online solutions for Chicagoland’s progressive agents. With over 20 years of software development experience and a keen understanding of the real estate industry through analytics, our mission is to create innovative products that improve seller communication and encourage data-driven decision making. For more information on our company and services, visit www.LeapRE.com.

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Comments

  • Barry Newman says:

    I’m not sure why there would be any comparison between @properties & Redfin. I would like to see @properties compared to all of the other traditional real estate companies. Redfin pays their clients and buyers must realize you get what you pay for or you get how your paid off!

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