Spring recruiting season ends early with continued decline in agent movement

Key observations from May

• Post-peak season decline: Rather than plateauing after March and April, agent mobility appears to be falling further. The May  index suggests that the traditional spring momentum is not just  delayed — it has likely already passed, and at levels far below  normal. 

• Continued weakness in raw mobility: The raw (non adjusted) monthly AMI (Agent Movement Index) also declined from April, reinforcing  the trend of declining movement despite the historically active  recruiting season. This shift comes as a growing number of  brokerages report softer pipelines and longer decision cycles  from experienced agents. 

• Active agent count holds steady: The number of active  agents — those with a closing in the past 12 months — remained…