Michael Amodeo
Sales Representative
Local Industry Leaders
(January - December 2021)
RE/MAX Escarpment agents consistently outperform the local industry norm on many levels, including the average number of unit sales. In 2021, RE/MAX Escarpment agents closed an average of 2.1 times more transactions per person than our closest competitor, and 4.1 times more than the average at our local real estate board.
During this time period, our agents helped over 14,834 individuals and families find their new homes. The trust and confidence they have placed in our company is truly a testament to the commitment of our agents to helping clients have the most positive real estate experience possible.
18.5
RE/MAX Escarpment Average
4.5
RAHB Average
Source: RE/MAX Escarpment Internal Data and RAHB Stats.
Market Pulse
Comparing our numbers to the anomaly year of 2021 seems counterproductive. However, RE/MAX Escarpment outperformed month-to-month compared to our trading area by 8%. The number to really take note of is month-over-month, which illustrates a trend which is happening in the market. The proverbial spring market has been extended due to weather, mortgage rates, and economic uncertainty. Our month-over-month sale numbers at RE/MAX Escarpment and Niagara have out paced our trading areas by 13% and 3% respectively. Proving that consumers chose us over the competition to navigate through a changing market.
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(April 2022)
RE/MAX Escarpment (995 units)
RAHB Total (1298 units)
(April 2022)
RE/MAX Niagara (220 units)
NAR Total (802 units)
Source: RE/MAX Escarpment & Niagara Internal Data, RAHB and NAR statistics.
Customer Care Centre
(May 8-14 2022)
Appointments are up +4.7% over last week, with a total of 3,487 appointments booked. Although we are down -31.5% compared to the same time frame last year, if you compare the number of appointments to pre-pandemic 2019 - we are up 13%.
The appointment/sold index has inched up to 16.0 as buyers start re-entering the market and more inventory becomes available.
In Hamilton, we saw a slight shuffle in popular price ranges but remained in the mid-high range. In Halton, we saw a wide variety of price ranges in the top 5 - spanning from $350k to $2M+. Niagara saw a slight shuffle as well but remained in the mid-high ranges.
3
Appointments Booked
4.7%
Change Over Previous Week
Source: RE/MAX Escarpment & Niagara Internal Data, RAHB and NAR statistics.