{"id":4713,"date":"2023-09-26T13:27:52","date_gmt":"2023-09-26T13:27:52","guid":{"rendered":"https:\/\/preprod.realtrends.com\/blog\/2023\/09\/26\/real-estate-agents-are-staying-put-relitix\/"},"modified":"2025-03-13T02:53:01","modified_gmt":"2025-03-13T02:53:01","slug":"real-estate-agents-are-staying-put-relitix","status":"publish","type":"post","link":"https:\/\/preprod.realtrends.com\/blog\/2023\/09\/26\/real-estate-agents-are-staying-put-relitix\/","title":{"rendered":"Real estate agents are staying put: Relitix"},"content":{"rendered":"\n<p>Real estate agents are moving much less between brokerages than the post-pandemic peak seen in the summer of 2021, <strong>Relitix\u2019s<\/strong> inaugural Agent Movement Index\u2122 shows. The index shows the relative degree of movement between <a href=\"https:\/\/preprod.housingwire.com\/articles\/home-inventory-is-climbing-even-faster-than-this-time-a-year-ago\/\" target=\"_blank\" rel=\"noreferrer noopener\">real estate brokerages<\/a> by experienced <a href=\"https:\/\/preprod.housingwire.com\/articles\/q1-2023-real-estate-team-benchmarking-shows-strong-performance\/\" target=\"_blank\" rel=\"noreferrer noopener\">agents<\/a> and is indexed to the level of mobility in January 2016. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/preprod.housingwire.com\/wp-content\/uploads\/2023\/09\/Picture1-1.png?w=1024\" alt=\"Picture1-1\" class=\"wp-image-405159\"\/><\/figure>\n\n\n\n<p>The graph shows that, on a trailing twelve month\u2019s basis, mobility hit its 10-year high in June of 2021 at an index value of 109.4. The most recent trailing twelve months value shows a new low of 89.3 representing a decline in annualized movement of agents of over 18%. The seasonally adjusted values show a mild rebound beginning in January 2023.<\/p>\n\n\n\n<p><em>\u201c<\/em>I think most industry players expect <a href=\"https:\/\/preprod.housingwire.com\/articles\/opinion-if-change-was-easy-everyone-would-do-it\/\" target=\"_blank\" rel=\"noreferrer noopener\">agent mobility<\/a> to increase when the <a href=\"https:\/\/preprod.housingwire.com\/housing-market\/\" target=\"_blank\" rel=\"noreferrer noopener\">market declines<\/a>. That\u2019s not what the data is showing. Agents are reacting to an uncertain market by staying put in larger numbers,&#8221; according to Relitix Founder and President Rob Keefe. &#8220;Additionally, brokerages are becoming less aggressive in [using] expensive measures, such as signing bonuses. As the <a href=\"https:\/\/preprod.housingwire.com\/articles\/mortgage-rates-get-close-to-the-yearly-high-of-7-49\/\" target=\"_blank\" rel=\"noreferrer noopener\">market stabilizes<\/a>, expect to see movement between brokerages increase\u201d, said Relitix Founder and President Rob Keefe.<\/p>\n\n\n\n<p><strong>The monthly AMI value finished at 99.5 for August with a seasonally adjusted value of 89.2.<\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/preprod.housingwire.com\/wp-content\/uploads\/2023\/09\/Screenshot-2023-09-26-at-9.12.33-AM.png\" alt=\"Screenshot-2023-09-26-at-9.12.33-AM\" class=\"wp-image-405193\" width=\"730\" height=\"304\"\/><figcaption class=\"wp-element-caption\">Relitix Agent Movement Index<\/figcaption><\/figure><\/div>\n\n\n<p>Trends in the relative movement of experienced real estate agents between brokerages is an important strategic consideration for brokerage and franchise leaders. The relative amount of movement \ufb02uctuates over time on a seasonal and long-term basis. <\/p>\n\n\n\n<p>To capture these trends and report them to the industry Relitix recently developed its Agent Movement Index\u2122. The AMI will be published monthly and feature monthly and seasonally adjusted, and 12-trailing-month values. The index is calculated using national-level data from a large sample of the nation\u2019s most prominent MLS systems.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Real estate agents are moving much less between brokerages than the post-pandemic peak seen in the summer of 2021, Relitix\u2019s inaugural Agent Movement Index\u2122 shows. The index shows the relative degree of movement between real estate brokerages by experienced agents and is indexed to the level of mobility in January 2016. The graph shows that, [&hellip;]<\/p>\n","protected":false},"author":15802,"featured_media":4822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3255],"tags":[],"coauthors":[19],"class_list":["post-4713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archive"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.4 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Real estate agents are staying put: Relitix - RealTrends - Blog<\/title>\n<meta name=\"description\" content=\"Real estate agents are staying with their current brokerage rather than joining someone new, according to Relitix Agent Movement Index.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/preprod.realtrends.com\/blog\/2023\/09\/26\/real-estate-agents-are-staying-put-relitix\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Real estate agents are staying put: Relitix\" \/>\n<meta property=\"og:description\" content=\"Real estate agents are staying with their current brokerage rather than joining someone new, according to Relitix Agent Movement Index.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/preprod.realtrends.com\/blog\/2023\/09\/26\/real-estate-agents-are-staying-put-relitix\/\" \/>\n<meta property=\"og:site_name\" content=\"RealTrends - 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