The failure rate has always been well above 80% within the first few years.
but I think many experience agents will also. I’ve been talking about this for a while. The volume of sales dried up a few years ago. A lot of agents are just barely hanging on hoping it will come back, but it’s not going to anytime soon. The NAR Settlement will be the nail in the coffin for many. I am bombarded with constant information of how to deal with it, but it is constantly changing, It barely makes sense and it really doesn’t address what is going on. There is a ton of denial going on out there. I have some agent Friends, I’ve been trying to smack into reality and they just can’t see that everything is about to Change. The way agents interact with each other, and the cooperation that has existed for decades is about to disappear. It will be a race to the bottom, and I can’t say who the winners will be. Certainly not the agents and I don’t think the consumer will be either. An entire industry, and And business model has been ruled illegal with no replacement. It’s going to be interesting to watch and I’m happy to have spent 25 years, putting myself in position not to be dependent upon any of this
