Source: New York Post —
Real estate brokers are heading for the door in droves as the nation’s housing market cools — even in the usually scorching market of Miami.
The number of “active” agents in the Florida city plunged by 36% in the fourth quarter of last year compared to the same span in 2021, according to a new study.
Citing statistics from Agent Story, the Real Deal reported that there were 4,529 active Miami brokers in the fourth quarter — down 2,580 from the comparable period just one year ago.
Agent Story, which tracks broker activity, defines “active” agents as those currently listing and/or selling properties.
