Men vs. women real estate practitioners:
Real estate media company, Trulia.com has analyzed how male and female real estate agents perform when compared and analyzed which gender lists more homes and which gender has the higher average list price, with interesting results. Despite the industry is comprised of more women than men, the guys have more listings than the gals, with the average male agent having 25 listings versus an average 11 listings by women.
Women take the cake in the price category, more frequently having higher priced listings than men. For example, Trulia says, “By how much more? In West Virginia, homes that were put on the market by women are 63% more expensive. That’s about a $40K difference when we compared the average asking price on homes being listed by women ($100K) and by men ($60K).”
The Trulia Insights team wrote, “Why are we doing this, you ask? Well, why the heck not?! This is seriously interesting, not to mention fun, factoids to know.”
The methodology is interesting. They did a name analysis using a genderizer program to separate agents and looked at which gender outnumbered the other, etc. It isn’t an exact science, nor do they claim it is (who knows if Jean is a man or woman?), but it is interesting.
The story is best told in pictures:
The best way to see all of this data is through the interactive infographic on Trulia Insights that shows data narrowed down by state. The following is a selection of results from the data:
Adam Van Lin
October 14, 2011 at 5:31 pm
Gender may make a difference, but there are plenty more variables that make a bigger difference. Personality type, motivation, environment, intelligence, etc… all have a bigger impact.
Cliff Stevenson
October 15, 2011 at 12:32 pm
Hmmm…..I would definitely have picked women to have had more listings on the market. Interesting.
Eric Johnson
October 29, 2011 at 10:31 am
The first question that comes to mind is how many are part time agents? The perception is that many women do this as a part time job. That could explain the lower listing numbers. What's interesting is they have higher listing prices overall. Maybe that's why they can work part time! 😉