The 80-20 rule

There is a rule that says 20% of the Realtors do 80% of the business. Apparently this is called the Pareto Principle (it’s amazing what I learn by blogging).

With that in mind, I ran some quick MLS numbers:

290 Realtors have had more than 5 “sides” – either a listing or buying transaction since 1 January of this year. This is approximately 25% of the Realtor population in the CharlAlbemarle area. 475 had at least one and less than five sides.

34% of Realtors in CharlAlbemarle have not had one closed transaction all year.

This profession is not just easy money.

*Conclusions based on data from the CAAR MLS.

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