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Let's consider putting this into perspective! In the GTA (Greater Toronto Area), there are almost 30,000 agents at the end of Sept, 2010, and there were roughly 70,000 transactions completed. That is 2.3 deals per agent, which would make that about a $20,000 - $30,000 annual gross commissions!
In any sales driven business, there are top performers. That's just the way it is! We know it as the 80%/20% rule. Here are the performances for agents in the GTA in 2009 according to TREB statistics: # OF DEALS CLOSED | # OF AGENTS | PERCENTAGE | 0-6 | 14,805 | 62.10% | 7-12 | 4,825 | 20.24% | 13-24 | 3,079 | 12.91% | 25-36 | 687 | 2.88% | 37-49 | 240 | 1.01% | 50-99 | 169 | 0.70% | 100+ | 37 | 0.16% |
Not all agents are the same! The better performers deserve better compensation! Should good performance be penalized? Absolutely NOT, consider yourself fortunate to have the opportunity to deal with one of the better ones Donna Gray, Broker, Re/Max Realty Enterprises Inc., Brokerage, Independently Owned and Operated. She is your trusted local Mississauga Realtor ! Call her directly at 416-276-0632 for all your real estate needs.
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