PC,
Do you really know that realtors were doing fine 5 years or are you full of BS? Most did not get a 100% raise and most are doing less transactions per year. 5 years ago when prices were lower, there were a lot fewer Realtors and the cost of living around here was alot lower. Get rid of half the realtors, lower the prices by 50% and the cost of living around here will still be 20 to 30% higher here than it was. 5 years ago you werent asking us to invest thousands of dollars in new technologies to save you money.
I’m not asking you to understand how brokers are not profiting. The cost of doing business has skyrocketed for every industry. Everyone and their mother has a RE license these days though most dont know what to do with them. The industry is hurting big time and it will only get worse. The big money was made by lenders not realtors during this boom.
