Peter Mohylsky.   Broker, BRIX REALTY (Miramar Beach, Florida )

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Rainmaker
1,192,109
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Sales cycles are short and relatively fast in San Diego right now.

Under $1.2 M sells quick here still.

I’ll keep you posted as I have a new $500K listing hitting the market in 2 weeks.

Apr 21, 2020 07:20 AM
Rainmaker
1,367,751
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Typically, the majority of agents that are going to drop do so around when the various dues are due.  Others drop outside of those reasons, but that isn't as predictable.

 

In my market of over 2,000 agents two dropping out is not even a drop in the bucket.

Apr 21, 2020 09:00 AM
Rainmaker
606,555
Eve Alexander
Buyers Broker of Florida - Orlando, FL
Exclusively Representing ONLY Orlando Home Buyers

I do not keep tabs on who is in or out, but I am seeing more agents advertising rebates, discounts etc.

Eve

Apr 21, 2020 07:36 AM
Rainmaker
3,989,821
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Things happen.  Each and every day.  Could be a lot of things. 

If stumbling is an issue for you, that's likely a bigger concern.  Remain focused on the things that matter to you.  

Apr 21, 2020 07:24 AM
Rainmaker
2,619,761
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Many changes are coming & here now. Lets see what sticks around

Apr 21, 2020 06:59 AM
Rainmaker
544,075
Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 480-966-9353 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

Is it a violation of your MLS's rules? Why would they be paying the MLS fees if not active?

Apr 21, 2020 08:10 AM
Ambassador
4,514,091
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I haven't noticed. Maybe it's just the current market.

Apr 21, 2020 08:04 AM
Rainmaker
223,836
Eva B. Liland Century 21 Doug Anderson
Century 21 Doug Anderson - Lancaster, CA
Glad to be of Service 661-714-1643

I see... Not something that I keep track of but because of the pandemic, I see a big departure happening...

Apr 21, 2020 07:14 PM
Ambassador
5,264,516
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Inactive agents are not that noticable, though I do know many drop out when the dues are due.

Apr 21, 2020 03:35 PM
Rainer
131,393
Jerrill Ewing
N & J Lake Properties, LLC - Eatonton, GA
Builder

I'm a builder, so not in a MLS, but my industry hasn't slowed at all

Apr 21, 2020 02:08 PM
Rainer
100,916
Karen Climer
Demetree School of Real Estate - Orlando, FL
Teaching people to pass the real estate exam

For us, there are two dates that licenses expire, and one date that MLS expires.  So after one of those dates, plenty of people become inactive.  It is a trend in that it happens the same time every year.  It is not related to the market - it is related to expiration dates set by MLS or government.

Apr 21, 2020 01:48 PM
Rainmaker
1,703,861
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

There are so many of us that I could not keep track of.

In our area, licenses are due on 4/30 & maybe people just won't renew. It would actually be nice.

Apr 21, 2020 10:38 AM
Ambassador
3,232,802
Anna Banana Kruchten CRS, CRB, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

This is a trend that comes and goes......it happened a lot in 08 as a lot of new agents couldn't make it in the biz at that time AND the older experienced agents said....I don't want to play in this market (and didn't need to as they had planned out for years how to financially stop working in the RE biz and rely on other sources of income.  Same is going on now in my market.  Some of them came back during the 08 mess was over and we'll see what happens this time around.

Apr 21, 2020 10:13 AM
Rainmaker
1,851,448
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Even when I was active I had never checked the active agents roster Peter Mohylsky, The Beach Santa Rosa Beach Expert . Now that I'm not active and I don't have access i wish I could see.

Apr 21, 2020 09:04 AM
Rainmaker
6,425,400
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I expect that many agents will seek other opportunities.

Apr 21, 2020 08:34 AM
Ambassador
3,010,141
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I would not have noticed - that is not something I would pay attention to. 

Apr 21, 2020 08:12 AM
Rainmaker
4,783,365
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

We have 40K agents in our state, and would have no idea who dropped out.

Apr 21, 2020 08:11 AM
Ambassador
4,120,418
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

I hadn't noticed, Peter. Our MLS put dues off until mid-May so, I don't think we'll actually see any fall-out until after mid-May. 

Apr 22, 2020 05:54 PM
Rainmaker
4,065,297
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

The market is continually working itself out. Some, not cut out for sales, leave when the market is hot! Some when the market is slow. Another day in the cycle. 

Apr 22, 2020 04:46 AM
Rainmaker
1,139,716
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Coldwell Banker CEO took a -90% off from his salary. Multiple managers took -25% cut in pay. Redfin laid off 40% of their benefitted agents. 

Times will get hard.

Apr 21, 2020 11:25 AM