Why So Many Real Estate Agents Are Leaving the Industry

What’s with all the real estate agents fleeing the industry in droves? And is there really such a thing as a bad lead? 

Those are just two of the questions that come up in today’s episode of The Real Word.  This week, Byron Lazine and Nicole White discuss the mass exodus of real estate agents and an Inman article on lead generation myths and facts.

The Left, Middle, Right segment dealt with two articles where the worlds of real estate and cryptocurrency intersect—with FTX spending $74 million on real estate in the Bahamas and NAR asking the question, “Does cryptocurrency still hold promise for real estate?”

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Click on any of the timestamps below to watch:

00:00–00:22 Intro

00:41 Topic #1 – “The Mass Exodus of the Real Estate Industry Has Begun” (BAM)

07:17 Not a new thing for the real estate industry

09:15 Maybe it’s time to pivot

10:03 Topic #2 – “Which Do You Believe: Lead Conversion Myths & Facts” (Inman)

16:00 No such thing as a bad lead

17:22 Keep reaching out

19:13 Left, Middle, Right with two related articles: “FTX Spent $74 Million on RE in the Bahamas” and “After Collapse, Does Cryptocurrency Still Hold Promise for Real Estate?”

23:20 When people get money, they spend it on something with lasting value

24:20 12% of Millennial homebuyers sold crypto to fund their down payment.

Click here to watch the full episode.

This week’s Real Word is brought to you by PropStream. Click here to learn more.