For the fourth year in a row, the number of agents in the US reached record levels. NAR estimates 1.6M realtors in the ranks and estimates are another 700K non member agents. The industry lives on the fees associated with this bloated pool.
Professional agents know this isn't good. Hobby agents, opportunity agents, hacks...call them what you want but they are not good for the reputation of the industry. This was on clear display over the last few years as over 70% of homebuyers have buyer's remorse, many trying to sue their agents for getting them into homes they now regret buying.
As the changed 2023 market opens, these agents will be in the mix. In a dynamic and changing environment, many buyers and sellers will wonder, can you fire a real estate agent? In Georgia, the answer is YES. As with everything, it depends on the contracts signed, the language in them and firing the agent in the proper way. There is NO compulsion or reason to work with an agent that cannot properly perform.
Of course, taking just a few minutes to properly qualify an agent before engaging them is the best way. GOOGLE any agent, in minutes you'll know if they're pros or hacks....