In a significant shift within the real estate industry, data from the National Association of Realtors reveals a notable exodus of professionals in the first half of 2023. More than 60,000 real estate agents have exited the profession during this period, reflecting a substantial departure from the field. As of April 2023, the total number of real estate agents stood at approximately 1.537 million, marking a discernible decline from the pinnacle reached in October 2022, when the industry boasted an all-time high of 1.6 million practitioners. This decline raises questions about the factors influencing such a trend and its potential implications for the real estate market in the coming months. I have been in real estate and banking for over 35 years and worked through recessions, a pandemic and would be thrilled to assist you in navigating this tough and competitive market when you are buying or selling property. Put my education and experience to work for you.
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www.AuburnOpelikaALRealEstate.com
Berkshire Hathaway HomeServices Preferred Real Estate, 1810 E Glenn Ave., Ste. 100, Auburn, AL 36830