Real Estate offices merging to avoid closing

I don't know about other states bit merging seems to be a trend in Oklahoma.

Several offices in the past few months have merged. Some were franchises, some weren't. Some offices have dropped their affiliation with franchises because they can't afford to pay their franchise bills.

Two very large company's in the OKC area with other small affiliated offices in other towns have merged. In doing so they have also lost Realtors.

Which brings me to another point, offices in our state also seem to be losing agents partly because like everything else our Real Estate fees have gone up and partly with the market in the roller coaster it has been in the Realtors that were just "dabbling" in Real Estate to make a little extra money can't afford to stay in the business.

I am not surprised that this is happening nor will I say I am upset. It is very hard to put a deal together with someone working a 40 hour per week job and trying to negotiate a contract with them when they put 10 hours a week into the business. But then that is another blog by itself.

Let me know if you are seeing the same thing in your market. Thanks, Sheryl