Why There Are More Real Estate Agents Than Houses to Sell

In this market, it’s possible that you answered a knock at your door to an Agent "representing a buyer" wanting your home. Or you received a no-questions “cash offer” in the mail. Booming housing markets always see an increase in new Real Estate Licensees. In addition, with the COVID Pandemic eliminating millions of service sector jobs, real estate becomes an option with no diploma or degree required, and training as easy as a two-week test preparation course, in most states.

 However, while the barriers of entry are low, the barriers of success are high, especially for a new Agent. Expertise is gained in-the-field. But in the 2021 market, there are simply no houses to sell. And if you do find a client, buying a home is difficult when you are competing with a network of seasoned agents. In recent years in Phoenix Metro, there are 64% less homes for sale, year over year, and a historically high buyer demand. So you should not be surprised at unsolicited offers for your home. Quite frankly, there is very little else for new agents to do.

One thing remains constant and is even more true than ever: Your Home Equity is a significant asset in your portfolio and you deserve expert guidance.  

About the Author:

^{Denise van den Bossche (www.DeniseVDB.com) Is Now a Good Time to Buy or Sell a Home? Call Denise 602-980-0737, celebrating 35 years Arizona Real Estate. For the Latest Housing Market Trends, Updated Monthly, go to:  www.HotFromPhoenix.com}

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