Central Ohio Real Estate Market News

Broker Market Share

When you’re deciding to buy or sell a home, you want to work with a real estate broker who gets results and has the resources and technology to make your transaction as effortless as possible. With Real Living HER being the largest broker in central Ohio, they have proven they get results, plus, they have unparalleled technological advantage for our clients.

But perhaps, you’d like to see who the other brokers are in the Top 5 of a given area. I’ve prepared the following graphs for you to view and compare. Each graph shows the number of homes & condos sold by each of the Top 5 brokers in that area between Jan 2009 thru Nov 2009.

Real Living has an exclusive agreement with Trendgraphics®, a service that pulls data from the Columbus Board of Realtors® MLS system. I created these charts using the Trendgraphics® data.

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Broker Share-Delaware

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Delaware school district (central Delaware County)

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Broker Share-Dublin

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Dublin school district (NW Franklin & SW Delaware counties)

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Broker Share-Hilliard

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Hilliard school district (western Franklin county)

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Broker Share-Olentangy

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Olentangy school district (southern Delaware county, Powell & Lewis Center areas)

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Broker Share-Plain Local

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New Albany school district (northeast Franklin county, New Albany area)

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Broker Share-Westerville

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Westerville school district (northeast Franklin county)

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Broker Share-Worthington

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Worthington school district (northern Franklin county)

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Broker Share-Big Walnut

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Big Walnut school district (northeast Delaware county, Sunbury/Galena areas)

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Broker Share-Buckeye Val

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Buckeye Valley school district (northwest Delaware county, Ostrander area)

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Broker Share-Marysville

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Marysville school district (Union county)

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Broker Share-County $

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The dollar share represents the price of the home in total for all the homes sold. Each broker can only claim the portion of the home price that they participated in. For instance, if Real Living was the listing broker for a $200,000 home and CBKT was the buyer’s broker for that same home, each broker can only claim $100,000 for the sales volume.
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2 Comments

2 responses so far ↓

  • lschottenstein // 08/29/2008 at 1:08 pm | Reply

    what is the logic of hiring a broker with the largest market share? If I wanted you to sell my home but you decided to move your license to a smaller broker does that mean I shouldn’t work with you? Isn’t the choice of agent more important then broker? Doesn’t the size of the broker help in getting the listing but does it really produce more results in getting the home sold?

  • Elaine Reese // 08/29/2008 at 7:43 pm | Reply

    Larry, I believe the graphs speak for themselves regarding the strength that the two big brokers have in selling homes FOR sellers or TO buyers. None of the other small brokerages come close.

    Yes, the agent is very important, but, no matter how good an agent is, if their broker doesn’t provide all the extra exposure on multiple powerful Internet sites or have a great intranet for the agents to use in managing the transaction, then the agent is trying to do business with one hand tied behind their back.

    Brand recognition is very important to gaining clients. Small brokerages just don’t have that power (money) to benefit an agent … or the clients. Plus, with the power brokers, they have programs in place to attract relocating buyers which also helps sell our listings.

    Another benefit the large brokers offer to clients is the on-going agent training, and standards of performance required of their agents.

    Again, the graphs certainly indicate in which companies the buyers and sellers place their trust.

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