South Florida’s real estate ranks, thinned by the market collapse, are
starting to increase again as brokerages anticipate an upturn. Some struggling part-timers left the business as the boom times faded, and others near retirement exited gracefully. Those who hung on are sharpening their swords in preparation for
renewed opportunities. Home sales are once again on the rise, but
different strengths are needed for a market characterized by lower
prices, fewer buyers, and rising foreclosures. Companies like Flagler Development are taking advantage of the down
economy to recruit talented brokers and train them to leverage market
opportunities. In the last six months, the firm has hired four people,
taking advantage of cutbacks at rivals such as CB Richard Ellis. [more]