This photo taken by Greg R. Benson, a Keller Williams agent, at Family Reunion 2008 in Atlanta.
We all know this is a difficult market, and surely no one is surprised that part-time agents, and inactive agents, are exiting the industry in droves. Dues are coming up for renewal, and NAR will have a real drop in membership at the next reporting period... they already acknowledge significant agent losses; surely many more are coming.
This is not necessarily a bad thing for the industry. Many of those part-timers create problematic transactions from their lack of experience, their shallow skill sets, and their overall lack of knowledge. I'll be so glad to see the lesser agents get back to other pursuits... they were in my way.
What is striking is that only Keller Williams has what it takes to grow in this difficult market: better training, better support, better skills, better environments. For, what else can you attribute the loss of agents by the other 4, while Keller Williams continues to grow.
It just crossed my mind, Re/Max will no longer be able to use that bar graph showing constant agent growth since their inception... it just ended.