Quote from @Bill B.:
Why are they renting? Were they not agents during the 2nd best time to buy property in our lifetimes? Didn’t I hear somewhere there are more agents than homes sold? I think the “average” realtor sells 1 home or less per year.
Ps. They should try house hacking with other realtors.
Pps. Who answers these surveys?
I get these questions and don't mind them being asked. However, not all agents (myself included) were agents during the time you are referring to so no, we all couldn't make sales and listings like others did. Also, renting is not the worst thing in the world as it is often alluded to in these forums (not saying you are saying that, it is just the sentiment I get throughout posts) there absolutely is a time and place to rent just as for purchasing property and everyone is in a different space.
I think it needs to be said that not all agents are in a place to purchase or be full-time, I speak from experience, some may get to the point that they need to go full time for various reasons or stay part time for different ones. There are an infinite amount of life stages agents can be in and no one situation is the same nor can be generalized. And yes, there are a lot of agents, however I think it weeds itself out in times like these that see who can make it or not or can adapt.
I 100% agree with house hacking with other realtors, could be pretty neat, like a mastermind group together all the time, and learn from each other's successes and failures. BUT again, some may not be in a situation where they can house hack, so you just never know.
All I am trying to say is there are so many different situations people are in and as I have said on the forums before that if you rent instead of buy... that's fine! and can be great for you where you are in life and hopefully purchase in the future.
Also, I don't want this to come off as attacking or anything like that, just want to bring up a different point of view from someone who didn't necessarily struggle to pay rent but may understand those who answered the survey.