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Stock impact report

Real estate agents are fleeing the field. Is that good for homebuyers? [Yahoo! Finance]

Stifel Financial Corporation (SF) 
Last stifel financial corporation earnings: 7/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: stifel.com/investor-relations
Company Research Source: Yahoo! Finance
Industry data show that only a few hundred homes are sold each month, she said, yet there are more than 1,500 local Realtors. Strickland has seen the ups and downs of the housing market since 1995, when she started managing her parents' rental properties as a teenager. But she says the business environment of the past two years is the most challenging she can remember - slower even than the years following the 2008 financial crisis. Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post. “Quite frankly, Realtors are running out of money,” Strickland said. An industry that swelled with newcomers in 2020 and 2021 has recently experienced a harsh slowdown - leaving the field no choice but to downsize, experts say. One widely cited analysis predicts as many as 80 percent of the country's real estate agents could find a new line of work. “Many industry leaders think there are way too many agents and would like to reduce the n Show less Read more
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