What would you think of a baseball team that only won 19 games last season?
What would you think of a major university where only 15% of its students graduated? Would you want to send your kids there?
What would you think of a brand of automobile if 9 out of every 10 sold broke down beyond repair in the first two years? You probably wouldn’t rush right out and buy one, would you?
So how do you choose a real estate agent when 85% of all the people entering that industry — smart people, college-educated, mature adults — fail miserably in their first two years, in spite of investing thousands of dollars in their education, skills training, and tools?
Those are the odds for success of new agents entering into real estate brokerage.
And given the current state of the economy and many real estate markets, even seasoned professionals are getting out of the business.
Combine that with the fact that 63% of people select the first agent that they talk to and only 19% even interview 2 agents, and you have a recipe for disaster.