Methods 51 Local REALTOR Associations 81 Association Executives 39 responded – 48% response rate
The items in red will be addressed later when I talk about the Member Survey.
Left Resorts & Second Home Forum in because this forum was created when the second homes comprised about two-thirds of the market. Now, according to NAR it’s first time home buyers. They blame this partly on the realty that first-time homebuyers do not have to sell a home plus the tax credit. In Ohio and nationally according to NAR’s 2009 home buyers and sellers profile first-time homebuyers made up 47% of sold homes.
Of all the Governmental/Legal Affairs programs the lowest rating is 77%, which is hardly low.
Our Communications department has already responded to this.
This is where we identify areas where AEs and local associations might need help. Keeping up with members needs is an area where the member survey might help with indentifying needs.
One-third of AEs want it. Large boards definitely want it. Metro AEs either don’t want it or are unsure. 4 of 10 Medium sized association AEs favor such contract Just 25% of small associations want it.
Methods Sent to all members for whom we have email addresses – about 26,000 (90% of OAR Members) 2,582 members responded – 10% response rate
Brokers 72% in 2002 and only 34% in 2010 Overall, only 38% of members believe they are meeting their professional goals
I mentioned a minute ago that keeping up with members needs is one of the AEs greatest challenges. Let’s look at what some of the needs are. In looking at the percentage increase since 2002 it could be that members as a whole are better at what they do.
58% of Agents and 52% of Brokers believe a standardized Ohio purchase would be helpful in their business. 26% of all members are unsure and 17% are against it.
Top six challenges/issues What do members need and what can OAR do to better serve the local associations so they can better serve members. Our April home sales data showing some good news. Number of sales up 32% Dollar volume up46% Average sale price up 10% There isn’t much we can do about some of these
21% of members had 11% or more failures
51% of members had 11% or more distressed property sales
This is consistent with previous findings
In providing support to AEs OAR is weakest at: Although, three-quarters are satisfied, which is no too bad
Tax planning will be addressed tomorrow at “Lunch Box” Economics
According to the professional aspects ratings I discussed earlier, OAR can assist AEs and local associations in helping members with:
