The Agent Retention section provides a comprehensive view of your Office Market Stats and other critical metrics. This section is instrumental in ensuring agent retention by addressing the needs of struggling agents and proactively managing factors that might lead to agent departures.
Office Market Stats
Offers an overview of your current Office Market Stats and various essential metrics. Utilize this data to understand the overall performance of your office and identify areas requiring attention.
Closed Sales Volume
This section offers a comparative view of Year-over-Year (YOY) sales statistics for each month, highlighting sales volume fluctuations compared to the previous year. Additionally, it provides a month-to-month comparison of total transaction amounts, enabling you to assess short-term variations in transactional activity. These insights are especially useful for tracking performance trends over time, facilitating a comprehensive understanding of sales volume changes and transactional patterns for informed decision-making and strategic planning.
Additional Insights through Sales Heat Map
Sales Heat Map visually represents geographical areas where your agents have listings and transactional activities. This map aids in understanding the distribution of agent activities across different regions, facilitating strategic decisions and support for agents based on their areas of operation.
Leveraging Insights for Retention
The Agent Retention section serves as a vital resource for real estate professionals in proactively managing agent retention strategies. By analyzing Office Market Stats and utilizing the Sales Heat Map, this section enables brokers to identify potential retention challenges and provide targeted support to agents, ensuring a conducive and supportive environment that encourages agent loyalty and long-term commitment to the company.