The real estate industry faces potential challenges in 2025 due to various political and market dynamics. Despite this, real estate coach Ricky Carruth believes it might be the best year for agents. Drawing from his experience of thriving during the Great Recession, he advises agents to prepare for a shift in the market characterized by increased inventory and lower prices. While concerns exist regarding commission rates and emerging technologies, Carruth emphasizes the historical resilience of commission structures and the importance of adaptation in the face of change.
“A storm maybe even a perfect storm is coming for the real estate industry... If you’re not at least a little worried, you’re probably not paying attention.”
“Carruth built his career in real estate during the Great Recession. In 2007, he was so broke he was crashing on a friend’s couch, but he has since closed over 1,000 transactions.”
“While wild cards such as on-again, off-again tariffs and the NAR lawsuits are concerns, Carruth pointed to big-picture secular market trends that indicate a deluge of homes coming onto the market soon.”
“Many agents are concerned that their commissions will decline in 2025... Carruth pointed out that commission rates fluctuate over time and are more resilient than they think.”
Collection
[
|
...
]