
After swelling for a decade, the number of real estate agents in Atlanta -- and other urban areas -- is dropping quickly. Those who remain are making less money than they did in 2004. (Story
here.)
The prospect of easy money mostly gone, agents are heading back to school or to former careers. As with any industry facing worker attrition, the human dimension is deep and impossible to get your head around unless you're one of those affected.
But I bet a lot of real estate agents aren't complaining too much. The real estate gold rush brought a lot of inexperienced bit players into the fray, who, if they weren't taking business away from more established agents, weren't doing much for the general reputation of the profession, either.
A nice gift, by the way, for the frazzled real estate professional in your life is Richard Ford's "
Independence Day": A literary tour de force clamped to the fortunes of the Jersey Shore's real estate empires.