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International Business Times UK
International Business Times UK
Business
Chelsie Napiza

American Real Estate Agents Forced Into Survival Mode Taking School Jobs As Housing Market Bleeding Artery Deepens

Mortgage repossession claims in Q1 jumped over 40% in 18 months. (Credit: PhotoMIX Company/Pexels.com)

Tens of thousands of American real estate agents are scrambling for supplemental income as a prolonged housing market freeze strips commissions bare, pushing some of the country's 1.4 million licensed Realtors into classrooms, retail floors, and substitute teaching rosters just to stay afloat.

The numbers tell a punishing story. A Redfin executive told attendees at the Inman Connect conference that approximately 71% of agents registered on Multiple Listing Services (MLS) closed zero home sales in 2024, a figure that includes part-time and referral-only licence holders but which nonetheless exposes how thin deal-flow has become across the industry.

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