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Too Many Realtors. Not Enough Deals. Something Has to Give.

There is an uncomfortable math problem developing inside American real estate. There are a lot of Realtors. There are not enough transactions.

Too Many Realtors. Not Enough Deals. Something Has to Give.

There is an uncomfortable math problem developing inside American real estate. There are a lot of Realtors. There are not enough transactions. And no amount of motivational coaching, social media posting or brokerage recruiting can change that basic equation. The National Association of Realtors reported existing home sales running at an annualized pace of just 3.98 million in August, down 2 percent from July and 1.2 percent from a year earlier. NAR has described the past several years as a…

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