“Remember to be gentle with yourself and others. We are all children of chance, and none can say why some fields will blossom while others lay brown beneath the August sun.” – Kent Nerburn
Sweeping changes to how real estate is bought and sold went into effect during the month of August, as a result of ongoing lawsuits and settlements over commissions paid from the home seller to the buyer’s agent. It was predicted that many would be sellers were holding out from putting their homes on the market, fearful that the new rules would be confusing or misunderstood.
Did these new protocols make an impact on home sales? Absolutely it did. So did many other buyer concerns about mortgage interest rates, inflation, and even the pending election. Couple all of that with summer being the slowest time for home sales historically, and you have as many answers as you need to explain a sluggish current housing market.
Yet, some fields will blossom and surprise us anyway.
In the top spot for our last month of summer we find Jeff Hedberg of Help-U-Sell Real Masters in Port Huron, Michigan. Jeff and company brought in nine sides for the end of summer sign off. A lucky seven of the nine sides were sellers, ensuring substantial savings.
Second by just a smidge for August is Jack Bailey of Help-U-Sell Greensboro in North Carolina. The Greensboro crew were just one side shy from the top spot for August with eight total sides.
Third place goes to Debra Schmidt of Help-U-Sell Heritage Real Estate of Steele County Inc. in Owatonna, Minnesota. With a nearly even split between buyers and sellers, Debra’s team placed seven on the board.
Office | Seller | Buyer | Total |
Help-U-Sell Real Estate Masters | 7 | 2 | 9 |
Help-U-Sell Greensboro | 2 | 6 | 8 |
Help-U-Sell Heritage Real Estate of Steele County Inc. | 4 | 3 | 7 |
Help-U-Sell Prestige Properties | 5 | 0 | 5 |
Help-U-Sell Sims Realty | 2 | 2 | 4 |
Help-U-Sell Julian Team Branch | 3 | 0 | 3 |
Help-U-Sell Grein Group | 2 | 0 | 2 |
Help-U-Sell Honolulu Properties | 1 | 1 | 2 |
Help-U-Sell Legacy | 1 | 1 | 2 |
Help-U-Sell Bakersfield Equity Savers | 1 | 1 | 2 |
Help-U-Sell The Powell Group | 2 | 0 | 2 |
Help-U-Sell Santa Maria | 2 | 0 | 2 |
Help-U-Sell Keystone Realty | 1 | 1 | 2 |
Help-U-Sell Direct Savings Real Estate | 2 | 0 | 2 |
Help-U-Sell Capital City | 1 | 0 | 1 |
Help-U-Sell Alpha Realty | 1 | 0 | 1 |
Help-U-Sell Edmond/OKC | 1 | 0 | 1 |
On the Gross Sales Volume report, it’s always more fun to speak of sales when it’s in the millions.
Patrick Wood of Help-U-Sell Prestige Properties, in Chino Hills, California takes our number one spot by a pretty wide $2 million plus margin. With $4.5 million for August, he makes the summer send off a little sweeter.
In second place for the second time in this report, Jack Bailey’s team at Help-U-Sell Greensboro in North Carolina makes a mark with $2.6 million for the month.
By just a “mere” $463,100, Debra Schmidt of Help-U-Sell Heritage Real Estate of Steele County Inc. in Owatonna, Minnesota is third place with $2.1 million.
Since good news is always worth celebrating, two more offices also had $2 million months, Gary Julian of Help-U-Sell Julian Team in Palmdale, California, and Jeff Hedberg of Help-U-Sell Real Masters in Port Huron, Michigan.
May the fall bring a robust harvest.