Brokers Adapt to a Struggling Housing Market
Press release from the issuing company
Monday, April 4th, 2011
Real estate brokers didn’t get where they are on pessimism or inflexibility.
That may help explain why the number of active brokers has fallen much less sharply than the number of active agents amid the real estate slump.
The ranks of brokers — who employ the agents — are down 1.4 percent in the past two years, according to the Georgia Association of Realtors and the Atlanta Board of Realtors. That compares with a 15 percent drop in the number of agents statewide since the top of the housing market.
