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Brokerages Closing

By
Real Estate Agent with Sequim & Port Angeles Real Estate
Virtual Real Estate Broker

Comments (3)

Jon Quist
REALTY EXECUTIVES ARIZONA TERRITORY - Tucson, AZ
Tucson's BUYERS ONLY Realtor since 1996

While your numbers may or not be accurate, we have too many agents left over from the boom. A lot of those agents never actually had the experience or the skill to survive in a normal market, much less this one.

Also a lot of weak agents have put together some good REO connections and are now doing business that way. When that model goes away, so will that batch of agents.

Jan 14, 2011 04:41 PM
Christine McDaniel
Christine McDaniel Realty, LLC - Avon, IN
Broker Associate

With all the changes in technology from day to day, it will be very interesting to see how things have changed five years from now.

Jan 14, 2011 04:42 PM
Tony Morganti
RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio - Cuyahoga Falls, OH
CRS, ABR, SRES - Cuyahoga Falls, Stow

Jon is right.  Many weak agents have built an REO business but have not learned the skills necessary to be successful in this business long term.  I see many of them as basically order takers.......not all, but many. When the REO business is gone they will need to learn how to sell or they will leave the business.

Jan 14, 2011 04:59 PM