Which real estate brokerages are winning and losing at recruiting?U.S. real estate brokerages are struggling due to housing affordability issues and must adapt by increasing agent counts in a challenging market.
Record lows: August reveals sluggish agent mobilityAgent mobility has hit a record low due to uncertainty from new NAR rules, indicating less likelihood of agents switching brokerages.
Continued downward trend in agent mobility reflects ongoing challenges in real estate marketAgents are showing decreased mobility as indicated by the October AMI metric of 86.2, influenced by the recent presidential election and NAR settlement.
Record lows: August reveals sluggish agent mobilityAgent mobility has hit a record low due to uncertainty from new NAR rules, indicating less likelihood of agents switching brokerages.
Continued downward trend in agent mobility reflects ongoing challenges in real estate marketAgents are showing decreased mobility as indicated by the October AMI metric of 86.2, influenced by the recent presidential election and NAR settlement.
Unexpected trends in real estate agent dynamicsUnexpected increase in active agents and continued rise in agent mobility in the real estate industry signaling potential market revitalization.