ofInterestNZ (November 30, 1999 at 12:00 am)

Now that the volumes of home sales is down around 30-40% each month from a year ago, you'd expect a good number of those agents to chuck it in.They rely on commissions for most of their income so fewer sales means lower income. You'd have to expect a good 5000 to 6000 would leave the industry in the next couple of years.The other angle here is that mortgage brokers will also feel the pain. Most of their business is generated by real estate deals.