REALTORMag
Top real estate executives are feeling less bullish about the coming year than they were two years ago. Their concerns are growing over agent productivity and they’re feeling more pressure surrounding profitability prospects, according to the latest Imprev Thought Leader Real Estate Confidence study of nearly 240 broker-owners and top executives at leading franchises and independent brokerages.
Thirty-five percent of respondents believe housing demand will improve in 2017, down from the 47 percent who felt that way about the market in 2015. Still, 74 percent of real estate executives and broker-owners say they’re “somewhat confident” in the housing market for 2017.