More than half of U.S. real estate agents have seen their job losses over the past year and nearly 30% of those agents say they are facing an increased workload.
But new technology, especially in the real-estate field, has helped to help reduce the workload and to help drive growth, according to a recent study by the realtor industry association.
According to the study, nearly 6.2 million U.K.-based real estate professionals lost their jobs in 2017, a 25% decrease from the year prior.
About 9 million of those jobs were in the financial industry.
However, that was largely offset by a 6.4% increase in those in real estate sales.
That suggests the industry is getting ready to compete again, said Jennifer Aiken, senior vice president of public policy and government relations at the National Association of Realtors.
The real estate sector is struggling, and we need to continue to innovate to keep our real estate clients and employees on the ground,” Aiken said.
Real estate sales are a relatively new industry, with the industry now worth about $50 billion.
Many agents, like myself, are looking for the right job to compete with the increasing competition in the industry.
That’s why I’m excited to see the growing number of organizations and companies who are working to build and deploy solutions that help to support the growth of the realtors industry and the real business we serve.
I think there’s a lot of opportunities in the tech space right now.
We have a lot to offer, and it is exciting to see new organizations, companies and individuals emerge and get their foot in the door.
The industry has a long way to go to make it more attractive to potential new hires and attract talent to the field.
However the real data from the survey shows that it is working, and the industry needs our help to help it get there.
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