Section B · Organized Real Estate
Cultivate the Future of Real Estate with a Modern New Professional
Realtor associations must take the lead in recruiting, educating, and developing a new generation of trusted advisors and real estate professionals.
In Context
Following World War II and the baby boom, the real estate industry experienced an influx of new talent and innovation which laid the foundation for many major brands and brokerages. That generation largely shaped the real estate landscape we have today. Now, more than 75 years later, the industry stands at a crossroads, with dated models and processes, ready for revitalization.
The combination of ongoing lawsuits and unprecedented turmoil within NAR has, at least in the opinion of industry leaders, stained the reputation of brokers and agents. At the same time many agents are experiencing burnout, and brokerages are struggling with small margins. Low licensing standards, often seen as inadequate, have resulted in hundreds of thousands of part-time agents, many of whom lack the necessary skills to excel in the profession.
The Opportunity
Fresh perspectives, energy, and talent are essential to building a stronger future for all stakeholders—brokerages, teams, and agents alike. The industry will be stronger if we can attract a new generation of professionals who can raise standards.
This transformation can be achieved by offering career opportunities such as sponsored licensing pathways, apprenticeship programs, and clear roadmaps for starting brokerages or advancing in management. In doing so, the industry can shift from being viewed as a second-choice job to a first-choice career. By making meaningful investments in recruitment and development, associations and brokerages can set higher standards and cultivate a more balanced and diverse workforce.
We’re going to see a separation of the herd—people who adapt to the new rules will thrive, while those who can’t let go of the past, will struggle.
Perspective
The industry is crowded with second career and part-time agents who often adopt a short-term, transactional approach, with limited consideration to long-term growth and innovation. The real estate industry must recruit more full-time, dedicated talent at scale, deliberately shifting toward a new workforce composed of fewer, but more career-focused agents and brokers. It is time to evolve past the current salesperson mentality to that of professional advisor. This focus will not only attract higher-caliber individuals, it will help eliminate many of the inefficiencies and the operational waste currently plaguing the industry.
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