Of the Top 10 brokerages in generating the most dollars in sales of Chicago condos in 2007, which one produced the highest average dollar volume per agent?
The answer: Jameson Realty Group. Although it ranked No. 9 in dollar-transaction volume, with $311 million, the company's 105 agents each averaged nearly $3 million in condo sales. Jameson's ratio of listing-to-sold volume is roughly two to one, meaning it earns twice as much money representing sellers as it does buyers.
With the most-productive agents among the Top 10, Jameson might be expected to have fared well in last year's market, which was up 1% in volume sales. Yet, the agency's condo dollar volume was down 20% from the previous year. Asked to comment on the decline, Gay Johnson, managing broker, said: "In some instances, the media have prompted this."
Invited to comment on her agents' performance, Gay said: “Our ranking is a reflection of Jameson’s core values of listing high-quality product and recruiting and retaining agents with the skill sets that we know will make them successful.
"We continue to focus on the basics: strong support staff, great agents and great clients. Our newly launched Web site at http://www.jameson.com/ is the best overall real-estate site in the city and has contributed to our success in both buyer and seller representation.”
Our con(do)gratulations to Jameson and the other Top 10.
| Rank | Brokerage | Volume/Agent |
| 1. | Jameson | $2.96 million |
| 2. | Rubloff | 2.7 |
| 3. | @properties | 2.3 |
| 4. | Dream Town | 2.24 |
| 5. | Koenig & Strey | 2.2 |
| 6. | Baird & Warner | 1.8 |
| 7. | Coldwell Banker | 1.7 |
| 8. | Prudential Preferred | 1.1 |
| 9. | Sudler Sotheby's | 960,000 |
| 10. | Keller Williams | 870,000 |
NOTES: Excluded in the above list are marketing agencies and developers. This is a re-ranking of the Top 10 brokerages in dollar volume. Some much-smaller brokers have a higher average volume per agent.
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