Real Estate Faces Major Shakeup: 40%-80% Agents to Exit
Key Points Agent Exodus Expected: Predictions suggest up to 80% of real estate agents may leave the industry due to recent challenges. Significant Agent Decline: In 2023, the number of full-time agents dropped by 72,000, with NAR membership down by over 100,000. Commission Revenues Falling: New rules from August could reduce commission revenues by…