Don't Become a Statistic
If you are a new agent, it is in your best interest to learn your trade right now. Not in 1 year, 2 years, or 8 years. The industry is like a revolving door, and the chances of becoming a statistic are high.
Let's Talk Reality in Realty, Where Have All the Agents Gone?
In the 1990's there were approximatley 3200 licensed agents. When I joined real estate in 1998, Calgary's population was at 819,334. This equals 256 people per agent.
In 2022 the Calgary Real Estate Board has published there are 6970 members. At this time the Calgary metro population is at 1,640,000 in 2023. This equals 235 people per agent (approx). This is probably better for the agents working today but does also shows there are less agents today per capita than there were in 1998. The population has increased faster than the agents have. Where have all of the agents gone? The revolving door is at high speed.
In the meantime, new agents have been getting licensed almost daily in those years. For many years, our brokerage did not take on newly licensed agents, our concern was they were not trained and the risk and increased management would be too much for the brokerage.
Training New Agents for a Successful Real Estate Business
Then we had many, many calls from new agents asking to join and we were disappointed to turn new agents away. The learning curve is steep, the amount of information is overwhelming and if no one is guiding you, you will be lost. This is when we came up with a quality training program hyper focused on building your real estate business from the ground up in 6 months. This has resulted in our new agents being able to create success in their business and avoid using the revolving door many past realtors have used. I don't know of any other brokerage training their agents to succeed in building a successful real estate business.