, and the grim reaper could be coming for the careers of real estate agents this year.
Most people who enter the business are gone within five years, if not sooner, and very few people are able to make a life-long career of it, given the difficulty in maintaining a steady flow of deals. Building a strong base of clients takes time and effort, agents said, and it is those relationships that allow someone to survive through the lean seasons.
Nearly 104,000 home and condo sales involving a real estate professional took place in the state last year, according to the. That represented 208,000 opportunities to earn a commission for 44,000 licensed agents or about five “sides” per agent. Small brokerages usually have low overhead and are fairly adaptable, and Murray predicts most should be OK. The largest firms, both public and private, have already tightened their belts, and have other business lines they can lean on, such as title or mortgage. Wall Street has been willing to fund many of the startups through a period of losses, and if all else fails, they can seek out a merger or acquisition.
Build back better
Good. Let’s keep pissing off the California liberals and drive them out
15% of agents make 85% of the $$$$....List To Last!!!
It’s because Colorado is a Shitty blue high tax sanctuary state. The prices of houses in Florida are skyrocketing because so many people are moving there. If you are a realtor, you should make sure you are licensed in Red states.