Realtor Membership and Your Competition

I’m sure you’ve heard the rumors about a “mass exodus” of real estate agents by the year’s end. With rising rates and inflation in play, it’s understandable why this may happen. While circumstances can certainly change, Dr. Lawrence Yun, Chief Economist at NAR, says that Realtor membership remains STABLE.

See below chart, and then keep reading to find out what this means for you!

What does this mean for YOU?

This means that with less homes to sell, the market is going to be ULTRA competitive for realtors- especially when there’s still a lot of them out there.

It’s crucial to understand and communicate your unique value proposition, consistently engage in lead generation, and connect with potential buyers and sellers, whether they're actively searching for a new home now or in the near future.

Waiting for rates to drop and opportunities to emerge will be too late; proactive efforts are essential to survive and to THRIVE.

If you were banking on a significant departure of Realtors from the industry, it's time to reevaluate. Real estate remains a fiercely competitive field, as it always has been.

 The key question is, how can you distinguish yourself? You must demonstrate genuine value to your clients.

You also have to establish partnerships with individuals like me who can provide substantial support and value to you and your business.

 I'm here to support you and assist you on this journey. Stay tuned for more valuable insights, strategies, and updates.

Remember, I'm always available to chat and offer assistance in any way I can!

Let’s go!

xo –  KG