Byron Lazine and Nicole White discuss the NAR 2023 Member Profile, highlighting inventory concerns, Realtor confidence, average incomes based on education level, the worst reason to switch brokerages, and what it takes to become a top performer (and top earner).
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Website: https://byronlazine.com
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Connect with Nicole White:
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This episode's source:
https://nowbam.com/rising-sales-volume-repeat-clients-referrals-takeaways-from-nars-2023-member-profile/
Timestamps:
00:00–00:33 Intro
00:33 NAR’s 2023 Member Profile
01:29 Listing agents are struggling for business / 90% of mortgages under 6%
02:05 76% of Realtors are confident they’ll be staying at least two more years
03:18 Realtors are struggling even though income is up.
04:42 Decline in income for agents with 16 years of experience
06:33 Forbes article: median salary by education level
11:04 Different ways to look at the income levels
16:04 Splits are the worst reason to switch teams/brokerages
17:53 Big takeaways from the NAR 2023 Member Profile
19:30 What it takes to be a top performer
20:34 The potential (for six figure income) is there, but it requires sacrifice
21:45 The Over Ask Podcast
22:31 Interested in podcasting? Sign up for tomorrow’s YouTube webinar at 3 pm ET!
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