Even Optimistic Real Estate Agents Worn Down By Slowdown
A survey conducted with New England real estate agents shows that this has been a rough year. The survey was conducted in 2 parts, the first in April the followup in November.
In April most of the agents were feeling pretty good about life and their business. The agents surveyed, and all had at least 2 years in the business, were mostly optimistic. However, by November those sentiments had changed.
About 160 of the participants in that study who provided their e-mail address so that the survey results could be sent to them were contacted again in November for a brief follow-up survey to determine how their last six months had been and to see how their outlook was in comparison to April.
Overall satisfaction dropped notably: in April 31 percent of these agents were “completely satisfied,” while in November only 13 percent were. Conversely, in April only seven percent of these agents were dissatisfied (indicated by selecting “dissatisfied” or “completely dissatisfied”) while in November this number rose to 24 percent.
Agents’ drop in satisfaction corresponded to their personal experiences becoming markedly worse over the intervening months, with 69 percent reporting that the past six months were worse than similar time periods in previous years (compared with 52 percent in April indicating this was the case for the previous year). While only 23 percent saw the coming year as likely to be a below average year in April, that figure rose to 43 percent in November. via TMC Net
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