A five-year study by the California Association of Realtors has found that a majority of new real estate brokers are leaving the field after only a few years, finding themselves crowded out by an overabundance of competition which has divided the pie too many times to make a decent living. They're also finding a lack of support and training as they get started from evil senior brokers.
Over half of the original panelists left their companies or left real estate altogether. Many left their real estate companies due to lack of support from their brokers, while the others left the business because of the inability to make required or desired income.The study concludes that those with "effective mentoring" and "strong determination" will make it. Those without determination will surely become society's burden.
· Dropouts in Realtorland [The Walk-Through]