How Many Real Estate Agents Switch Brokerages Each Year

Courted's report, as HousingWire covered it, found that roughly 15% of agents leave the industry in any given year. About the same share, roughly 15%, are new to the business that year. A separate 16% swap brokerages. In a typical year, the agents around you include a group who just arrived and a similar group who are on their way out.

Those three shares describe different people. An agent who leaves the industry drops out of the count entirely. An agent who swaps brokerages is still licensed and still selling, just under a different firm. HousingWire reported all three shares from the same Courted report, so they sit on one basis and can be read against each other. For an agent weighing a move between firms, the swap share is the one that describes that decision.

The two figures count different groups. RISMedia reported that Recruiting Insight projects approximately 50,000 agent moves nationally in 2026, and the firm bases that projection on its own sample. That sample covers only the agents Recruiting Insight follows, those it says move the needle. The 230,000 figure for 2025 comes from Courted, as HousingWire reported it, and counts agents moving to a new brokerage.

Read each number against its own base. The 50,000 is a forward projection built from one sample of agents. The 230,000 is a count of agents who changed brokerages during 2025. Setting one beside the other would compare two different populations, so neither one cancels the other out.

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