📢One agent leaves every 3 minutes! 50% of loan officers may leave the business as well!
In this episode, we unravel the startling trend of real estate professionals leaving the industry in droves. Is the situation as dire as it seems? Let’s look beyond the alarming statistics and uncover the truth behind these industry shake-ups. For the most comprehensive, data-driven insights, watch the full video!
0:00 – 60,000 real estate agents have already left the business so far in 2023, and it’s only June!
0:05 – Nearly 50% of loan officers are thinking about or have already left the business!
1:12 – Apparently, 72% of mortgage professionals said they would choose to work for another company if they could be paid faster.
2:08 – Bill McBride from the Calculated Risk did a really good job breaking this down!
3:06 – House price growth is still positive, but Case-Shiller National Index slowed 2.7% year over year in March!
3:49 – As you can see, about 60% of all 30 year mortgages out there are below 4% interest rate right now!
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