DataDigest: There are too many real estate agents and LOs. It’s a problem
Housing Wire
JULY 12, 2023
Credit: National Association of Realtors 2023 Member Profile But in many cases, LOs are still calling and looking for business from the bottom 50% of Realtors, Hale said. The CFA study found that “marginal agents” – who completed five or fewer sales over the past year – took home between 25% and 30% of the overall commissions in each market.
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