How much production can be attributed to one agent? I am amused when I see advertising from some of the "mega agents" in my area. One agent claimed she closed 47 million in 2006! That is very impressive yet physically impossible for one agent. We all know the trick. The mega agent has 5 buyer agents, 4 listing agents and all listings and sales are recorded in the "super agent" name. It is a clever marketing technique. I guess she technically "sold" all that real estate since she is the designated broker.
I remember when I was with Re/Max and sitting at the annual awards banquet. We all applauded as the mega agent received the award for 30 million or so in sales. The grumbling at my table was evident as agents proclaimed "She rigged it since she has a large staff". Maybe it was true, maybe not.
It would be interesting if franchisees established production awards for agents that have no assistants..and do it on their own. I have known agents that do 10 million or more with no assistant. Who is the better salesman?
Most of us know from experience that the "mega" agents give poor service and are impossible to work with since they seldom return phone calls. You have to do all the work if you sell one of their listings. Tell me I am not right!