All my agents are retiring -- what do I do?

Brokerages should be having conversations with their retiring agents to see if they can better transition them and their business as they leave the industry.
  • Brokerages are going to have to come up with a system of transition for those agents retiring the industry.

SAN FRANCISCO — Brokerages do not have a plan to transition retiring agents, which is worrying when 40 percent of National Association of Realtor (NAR) members are currently 60-plus years old, said Joe Rand, managing partner and general counsel, Better Homes and Gardens Real Estate Rand Realty, at Inman Connect San Francisco today.