Get the culture, leads, accountability, and training you need to make $100,000+ a year selling real estate. Join Keller Williams
Today, I’m here to talk about the real estate market, how it shifts, and how you can survive through it. This will be very valuable advice for agents.
As the market peaks like it did around the end of 2021, the pool of available income for agents is the largest. Therefore, more and more agents join the industry. However, the National Association of Realtors (NAR) recently came out with the statistic that about 65,000 agents have left the market. Now we’re down to around 1.5 million.
“Survive the tough times so you can thrive on the other side.”
As the market shifts down and the pool of income gets smaller, there will be less commission available for agents. Therefore, more agents will leave as we hit the bottom of the market. The key here is that as the market shifts up again like it is now, you have the perfect opportunity to take advantage of the market, so focus on your sphere of influence and cultivate your relationships. That will get you through the lean time in the market.
Want to work with us? Here are some ways to get involved.
-
Book a one-on-one meeting to write a clear business plan to get more listings and sell them with less stress. Book a Free Call
-
Download your free copy of the Millionaire Real Estate Agent Download Now
-
Sign up for our free agent training newsletter right insights, tips, and Q&A to sell more homes with less work. Subscribe Now
Since the market will be shifting up, more agents will join, which means now is the perfect time for you to jump in. During this time, money is rising for fewer agents, which will be great for you to start. Therefore, survive the tough times so you can thrive on the other side.
Agents that take market share during a shift rarely lose it, and agents who lose market share during a shift rarely get it back. Therefore, if you want help navigating this time, don’t hesitate to reach out. You can call or email me anytime and I would be happy to help you.
