Exodus brewing for 'overtraded' realtors

More sales expertise needed, not just about putting a 'sign on a fence' (Image: BusinessDesk)

Mon, 01 Aug 2022

New Zealand’s cooling real estate market could drive one in every five real estate agents out of the industry by this time next year, global realtor Century 21 warns.NZ director and owner Tim Kearins said the industry was overtraded and could expect to lose between 20% and 30% of its realtors as sale numbers shrink and the market becomes more attractive for buyers. That translates to between 3,200 and 4,800 real estate agents of almost 16,000 agents currently classed as ‘active’ by licensing agency, the Real Estate Author...

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