Actual-Property Brokers Face a Reckoning As Housing Market, Residence Gross sales Gradual
When Chrystina Arnold closed her first sale as a real-estate agent in December, she hoped it will present a springboard to extra offers and the beginning of a promising profession. However virtually 4 months later, Arnold remains to be making an attempt to shut a second sale.
Arnold, who lives in Port Huron, Michigan, paid $89 in October 2021 for a self-paced on-line course to change into a real-estate agent. However by the point she obtained her license, in June, the standard mortgage price had almost doubled, resulting in a dramatic slowdown in shopping for exercise.
That drop-off has made