Tag Archives: Data

The 80/20 Rule – Agents vs Business Percentage in Chicagoland

Are you familiar with the Pareto principle? Before you say ‘no’, allow us to explain. In 1906, Italian economist Vilfredo Pareto created a mathematical formula to describe the unequal distribution of wealth in his country, observing that twenty percent of … Continue reading

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System Updates: How Price Point Showings Help Inform a Top Agent

We’ve rolled out some great statistical features this past week that may seem small but can have some large implications for number-savvy agents. Many of our top users are agents that build their business decisions around data insights and we … Continue reading

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Average Showings per Week – June 2011

Showing Volume for Chicagoland during the month of June: Showings were on target historically as the first and second week of the month saw a large spike in activity. This was some of the busiest activity in a month and … Continue reading

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Real Estate Data and Analytics, or Bust

We continually emphasize the ongoing importance of data and analytics in the real estate industry. No secret there, it’s what most of our value offering becomes in Leap’s business management tools. Beyond shameless self promotion of our solutions, we genuinely … Continue reading

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Average Showings Per Week – May 2011

Say it’s a particularly brutal week for you as a real estate agent. No showings and buyers seem like they are in hiding. Is it something you’re doing wrong, or possibly something beyond your influence? This chart is a little … Continue reading

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Price Reductions in 2011 by Illinois’ Counties

There have been some interesting pricing fluctuations from the end of winter and into the spring season. Across the board in all six Chicagoland counties, March has seen the highest number of price reductions. April has the second-highest, January has … Continue reading

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Are Analytics a Part of Realtor Professionalism?

We’d like to think so. And we’d like for this thought process to get some serious consideration in the weeks to come. There all hallmarks that indicate your competence to handle the responsibility of being a real estate agent. People … Continue reading

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