Real estate is seen by many as a ticket to easy money. After all, how hard can it be to sell a house??
Of course, those in the industry understand the incredible amount of work involved with this job. This includes means nurturing clients (sometimes for years), attracting buyers and negotiating so everyone is happy. It takes a lot to get to that all-important ‘Sold’ sticker and then it’s on to the next client to repeat the process.
In 2017, over 10,000 real estate agents left the industry in Australia. This is a significant proportion, especially when the property market was generally buoyant around that time. It is interesting to examine the reason for so many agents abandoning their careers.