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Sign into your accountAs Pandemic Brings Greater Interest in Real Estate Careers, Agents Face More Competition
October 25 2020
Real estate may soon be getting more competitive.
According to a recent report in Housing Wire, the COVID-19 pandemic has led to a record-breaking number of Americans looking to start a real estate career. While the individual reasons vary--some are enticed by a summer marked by an eye-popping volume of higher-priced home sales in the suburbs; others, laid off or furloughed, are looking to control their own income streams rather than be subjected to the whims of an at-will employer—the numbers are appreciable: Membership in the National Association of Realtors (NAR) is up 1.9% year-over-year, and brokerages like Keller Williams are reporting 3,000-3,500 newly licensed agents joining the firm per month, an unprecedented increase according to the company's Director of Growth, Matt Green.