According to Relitix’s Agent Movement Index, the real estate industry has experienced a notable increase in agent mobility as we enter 2024, marking a significant shift from the previous multi-year decline in agent movement between brokerages. This data suggests that real estate agents are becoming more proactive and open to exploring new opportunities within the industry.
– Relitix’s Agent Movement Index reveals a recent bottoming out in agent movement between brokerages in early fall of 2023.
– Increase in real estate agent mobility observed as we transition into 2024.
– Real estate agents are displaying a greater willingness to explore new opportunities within the industry.
– The trend marks a notable shift from the decline in agent movement experienced in previous years.
This upswing in agent mobility could signify a positive recovery for the real estate market, as it reflects agents’ confidence in exploring new opportunities and their willingness to adapt to changing market conditions. Real estate professionals may now have more choices and opportunities to join brokerages that align with their desired career paths and objectives. As the industry continues to evolve, it will be crucial for brokerages to strategically position themselves to attract and retain top talent in this increasingly competitive landscape.
You can read this full article at: https://www.housingwire.com/articles/2024-will-see-increased-real-estate-agent-mobility-relitix/(subscription required)
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