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New Study Reveals Correlation Between Individual Personality Traits and Real Estate Sales

Echovate and Partners Discover Unique Profile of Successful Real Estate Agents.


Charleston, SC: Echovate, a people analytics company, announced the findings of their latest in-depth research study, which revealed that several Echovate scales meaningfully predicted real estate agent performance. Echovate partnered with a large real estate agency that works across the Southeastern US for data collection and a major research university for analysis of the data. 

Based on correlation analyses and a best subsets regression analysis, the research team was able to conclude that a successful agent may be someone who:

  1. is not strongly reliant on pre-established or structured guidelines but able to design their own;

  2. perseveres in the face of challenges and tenaciously strive for goals;

  3. prioritizes task completion;

  4. prefers a work context that is consistent and stable; and

  5. possesses a strong understanding and compassion for others.

The profile noted above was created based on the evidence that the following five scales were instrumental in agent success: Systematic, Perseverance, Results-Oriented, Flexibility, and Empathy.

For more information about the study design, execution, and results, view the Echovate white paper, Real Estate Agents and the Personality Traits that Predict their Success.

Remax_Study

 

About Echovate: Echovate is a people analytics company that leverages behavioral science so organizations can recruit, retain, and grow successful people. Echovate’s data helps to ensure fit, drive performance, and build more cohesive teams by revealing an individual’s strengths and motivations. Learn more about how Echovate can transform your team at echovate.com

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