Why do 87% of agents fail?

[Trey Bagby]

I always see posts and hear people talk about how most agents fail in their first year but rarely explain why. Other than being under capitalized, why do 87% of new real estate agents fail?

[Andrew Eherts]

Hi @Trey Bagby it's a good question, and I've given it a bit of thought. I honestly think it is too easy to get a license. Knowledge standards are pretty low, startup cash requirements are low, etc. That remaining 13% of agents are probably those who would still get a license if the standards were raised considerably.