{"id":8826,"date":"2023-08-17T05:39:28","date_gmt":"2023-08-17T05:39:28","guid":{"rendered":"https:\/\/imsfund.com\/?p=8826"},"modified":"2023-08-17T05:39:28","modified_gmt":"2023-08-17T05:39:28","slug":"there-are-just-way-too-many-real-estate-agents-right-now-and-its-hurting-the-industry","status":"publish","type":"post","link":"https:\/\/imsfund.com\/index.php\/2023\/08\/17\/there-are-just-way-too-many-real-estate-agents-right-now-and-its-hurting-the-industry\/","title":{"rendered":"There Are Just Way Too Many Real Estate Agents Right Now\u2014And It&#8217;s Hurting the Industry"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div :class=\"{ 'hidden': $store.proContent.showFullPrompt() }\">\n<section class=\"px-4 relative border border-slate-200 mobile-toc lg:hidden\" x-data=\"{open:false}\">\n<button x-on:click=\"open = !open\" class=\"flex items-center gap-4 my-2 border-none w-full\"><br \/>\n<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"h-6 w-6\" fill=\"none\" viewbox=\"0 0 24 24\" stroke=\"currentColor\" stroke-width=\"2\"><path stroke-linecap=\"round\" stroke-linejoin=\"round\" d=\"M4 8h16M4 16h16\"\/><\/svg><\/p>\n<h2 class=\"font-semibold text-slate-800 text-base m-0 js-toc-ignore\">In this article<\/h2>\n<p><\/button><\/p>\n<\/section>\n<p><span data-preserver-spaces=\"true\">At the end of July, the National Association of Realtors (NAR) had nearly\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.nar.realtor\/membership\/monthly-report\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">1.6 million members<\/span><\/a><span data-preserver-spaces=\"true\">, which works out to about 2.4 Realtors for every\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.realtor.com\/research\/july-2023-data\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">home actively for sale<\/span><\/a><span data-preserver-spaces=\"true\">. A\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/consumerfed.org\/reports\/a-surfeit-of-real-estate-agents-industry-and-consumer-impacts\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">report<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0from the Consumer Federation of America (CFA) notes the surfeit of agents is costing the industry, harming consumers, and reinforcing high commission rates.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Lenient licensing requirements and high real estate agent turnover mean many of these agents are inexperienced and underqualified. Of those who are competent, even fewer have the knowledge and experience to\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/real-estate-investor-friendly-agent\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">serve real estate investors<\/span><\/a><span data-preserver-spaces=\"true\">.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Demand for homes surged during the pandemic, which made real estate look like an attractive career opportunity. Layoffs in other industries left job seekers looking for new career options, and many of these people needed more flexible work arrangements.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">And the path to getting a real estate license is quick and easy in most states relative to other professions. According to the National Association of Realtors,\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.nytimes.com\/2022\/03\/04\/realestate\/real-estate-agents-pandemic.html\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">more than 156,000<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0people became real estate agents in 2020 and 2021, a 60% increase from the prior two years.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Of course, many of those real estate agents won\u2019t last in the field. \u201cBeing successful in real estate is a hustle, and most people drop out after two years because of how difficult it can be to build a sustainable business,\u201d says\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/kristinamorales.com\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Kristina Morales<\/span><\/a><span data-preserver-spaces=\"true\">, a Realtor with over 20 years of experience in multiple markets. \u201cThis alone naturally reduces the number of Realtors, but they are quickly replaced with new ones since the barrier to entry is so low.\u201d\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The NAR\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.businessinsider.com\/bad-real-estate-agents-realtors-homebuyers-sellers-housing-market-2023-7\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">views<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0the turnover as a healthy consequence of competition. But while the industry may naturally spit out the real estate agents who aren\u2019t cut out for the job, it doesn\u2019t necessarily happen before these agents have provided homebuyers with guidance on what may be the most significant purchase of their lives.\u00a0<\/span><\/p>\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">The Draw of the Real Estate Profession<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Reality TV shows make the real estate industry look glamorous, says\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/realestatebees.com\/profile\/martha-gaffney\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Martha Gaffney<\/span><\/a><span data-preserver-spaces=\"true\">, a licensed real estate broker and strategic real estate advisor at Real Estate Bees. \u201cEven before reality TV shows, many came into the business looking for a quick buck,\u201d she adds.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">After all, buyers and sellers agents each receive\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/how-do-realtors-get-paid\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">2.5% to 3% commission<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0in most areas, and the median sale price for a home in the U.S. is $416,100, according to the\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/fred.stlouisfed.org\/series\/MSPUS\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Federal Reserve<\/span><\/a><span data-preserver-spaces=\"true\">. That said, many agents don\u2019t realize how much effort they\u2019ll need to put in to get clients or that they\u2019ll pay about half their earnings to their brokerage firm.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">So, how do you become a real estate agent in the first place? In many states, you only need to complete a few weeks of coursework and pass a multiple-choice test. The cost for online training can be less than $100.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For example, in\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.mass.gov\/how-to\/apply-for-a-real-estate-license-by-examination\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Massachusetts<\/span><\/a><span data-preserver-spaces=\"true\">, becoming a real estate agent only requires 40 hours of education and passing a licensure exam. In the same state, you need 1,000 hours of training to become a licensed barber. To be a certified general appraiser, you need at least 300 hours of education plus 3,000 hours of experience. You also need a bachelor\u2019s degree.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cI definitely think the requirements for becoming a real estate agent are too loose,\u201d says Morales. \u201cThese loose requirements saturate the market with Realtors, and that saturation dilutes the Realtor\u2019s value.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">A 2015\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/s3.amazonaws.com\/static.organiclead.com\/Site-f57ce37d-8432-40f4-95b0-76e369b223b8\/resources\/Roya+Design+-+Danger-Report-small.pdf\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">report<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0from the NAR drew the same conclusion, saying: \u201cThe real estate industry is saddled with a large number of part-time, untrained, unethical, and\/or incompetent agents. This knowledge gap threatens the credibility of the industry.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Of course, there are benefits to the current path to licensure. \u201cI\u2019ve seen many instances where the low barrier of entry has allowed someone to enter and create a very successful career for themselves, where other opportunities would typically not be available,\u201d says\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/wallacetn.com\/realestate\/agent\/andrew-mcgranaghan\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Andrew McGranaghan<\/span><\/a><span data-preserver-spaces=\"true\">, chief development officer at Wallace Real Estate, the largest independent brokerage in East Tennessee. \u201cIt\u2019s the American dream, where hard work and dedication can lead to a very successful business, where a college degree isn\u2019t necessary.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Tightening requirements could create unnecessary roadblocks for marginalized communities and further decrease their representation in the industry, Business Insider reports. But on the flip side, there are problems with keeping real estate licensure easily accessible.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cThe low barrier of entry attracts many who choose to dabble in real estate rather than make a career of it,\u201d says McGranaghan. \u201cThey hold their license for personal use or as a part-time side job and never fully commit to learning and studying the craft.\u201d There\u2019s a delicate balance to be achieved when considering stricter licensing requirements, McGranaghan notes.\u00a0<\/span><\/p>\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">High Turnover in the Industry<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">\u201cTurnover is very high in real estate. It\u2019s estimated that 87% of Realtors leave the business within their first five years,\u201d says McGranaghan. That creates challenges for brokerages that want to invest time and money in training their agents. As a result, he says, \u201c200-agent offices with one broker are becoming more of the norm.\u201d\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Wallace Real Estate aims to beat the trend by focusing on training and supporting new agents. But it\u2019s up to the consumer to seek out brokerages with that ethos.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Morales says homebuyers and investors shouldn\u2019t necessarily avoid working with new agents, but they should request that the agent partner with a more experienced team member. However, not all homebuyers have the knowledge or experience to recognize that working with a new agent could be a problem.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cThe risk of working with an inexperienced agent is that a consumer may leave money on the table\u2014whether that is from paying too much for a home or not receiving the property value for the home you sell,\u201d says Morales. \u201cIn addition, there is litigation risk if an agent does not know how to properly structure a deal or provide the required disclosures\/documentation.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For the NAR and for many brokerages, turnover and the continued overabundance of agents may mean more profit since agents who want to use the \u201cRealtor\u201d designation must pay membership dues to the NAR, and new agents often bring new clients, which leads to extra commission for the brokerage. However, Gaffney says, \u201cThe turnover just doesn\u2019t help the consumer.\u201d\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In other industries, competition might drive players to lower their prices to stay in business. But commissions for real estate are generally fixed, with the agent\u2019s level of experience and effort having no bearing on what they are paid.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">High turnover only means a glut of inexperienced agents who may not provide the best guidance. And the lack of sufficient business per agent requires agents to charge high commission rates relative to some other countries, the CFA\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/consumerfed.org\/wp-content\/uploads\/2023\/07\/Real-Estate-Agent-Report-7-10-23-1.pdf\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">notes<\/span><\/a><span data-preserver-spaces=\"true\">.\u00a0<\/span><\/p>\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Are Changes to the Industry Needed?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Potential solutions to the problem include stricter education requirements, a comprehensive supervisory period to give real estate agents real-world experience before licensure, and a change to the commission structure. But McGranaghan believes it\u2019s up to the consumer to research brokerages and vet agents.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Gaffney says that reduced commissions for inexperienced agents may help agents view real estate as a \u201clong-haul career.\u201d But Morales disagrees, saying, \u201cThey should be entitled to the same pay, as they are likely working just as hard to get a deal.\u201d Additionally, some real estate agents who are new to the industry are just as successful and knowledgeable as those who have been doing the job for years.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Still, each expert agrees that more robust education requirements could help the industry and consumers. Morales says she works to reverse customers\u2019 perceptions about real estate agents because the level of education they require doesn\u2019t garner respect. But, maintaining access to the career path for ambitious self-starters also should be considered.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Additional requirements to maintain real estate licensure might also increase the number of qualified agents. \u201cStates should have in place a requirement that Realtors must do a certain number of transactions in order to maintain\/renew their licenses,\u201d Morales suggests.\u00a0<\/span><\/p>\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">How to Find an Investor-Friendly Agent<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The oversupply of inexperienced real estate agents creates challenges for investors trying to\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/investor-friendly-real-estate-brokers\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">find an investor-friendly agent<\/span><\/a><span data-preserver-spaces=\"true\">. Gaffney says relying on referrals from your network can be a great start. Investors can also use the\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/agent\/match\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">BiggerPockets Agent Match<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0tool to find what they need.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">When interviewing agents, Morales says to ask about:<\/span><\/p>\n<ul>\n<li><strong><span data-preserver-spaces=\"true\">Experience: <\/span><\/strong>Ask the agent if they currently work with investors and how many transactions they do per year. If that number is low, ask if they have a mentor or are willing to team up with a more experienced agent. Morales also says to ask, \u201cHow well do you know the area that I am looking to purchase in?\u201d<\/li>\n<li><strong><span data-preserver-spaces=\"true\">Availability: <\/span><\/strong>If you need the flexibility to see properties on nights and weekends, ensure the real estate agent is available.<\/li>\n<li><strong><span data-preserver-spaces=\"true\">Relationships: <\/span><\/strong>Ask if the real estate agent has preferred contractors for renovations or repairs, and whether they work with an investor-friendly lender, title company, and home inspector.<\/li>\n<li><strong><span data-preserver-spaces=\"true\">Willingness: <\/span><\/strong>Since you may write low\u00a0<a class=\"editor-rtfLink\" href=\"https:\/\/www.biggerpockets.com\/blog\/offer-accepted\" target=\"_blank\" rel=\"noopener\">offers<\/a>\u00a0unlikely to be accepted in the current environment, assess the real estate agent\u2019s willingness to put time into finding the right property. Morales says to ask, \u201cAre you willing to write 50 offers before one gets accepted?\u201d<\/li>\n<\/ul>\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">The Bottom Line<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">We don\u2019t need 2.4 Realtors for every home on the market, and the glut of agents creates problems for everyone involved. New agents often don\u2019t earn enough to make ends meet, while experienced agents lose commission, and the industry takes a reputational beating.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Homebuyers and investors must work to vet real estate agents, and those who aren\u2019t aware of the wide knowledge gap between new and seasoned agents may be led astray by bad advice, causing them to lose money or even face legal repercussions. Changes to licensing requirements may be in order, but in the meantime, individual investors need to work hard to screen for the best agents.<\/span><\/p>\n<div id=\"visibility-group-block_64dd561cede13\" class=\"visibility-group  hidden\">\n<div id=\"hero-block_62df1a82bfc88\" class=\"first:mt-0 hero-block py-4    has-background has-slate-200-background-color has-text-color has-theme-gold-color\">\n<div class=\"gap-10 lg:gap-20 flex flex-wrap lg:flex-nowrap max-w-screen-xl mx-auto px-4 relative lg:items-center \">\n<div class=\"relative z-30 lg:w-1\/2 \">\n<main class=\"py-4\"><\/p>\n<p class=\"has-slate-800-color has-text-color has-large-font-size\" style=\"font-style:normal;font-weight:800\">Find an Agent in Minutes<\/p>\n<p class=\"my-3 md:my-5 lg:my-8 has-slate-900-color has-text-color\" style=\"font-size:18px\">Match with an investor-friendly agent who can help you find, analyze, and close your next deal.<\/p>\n<p><\/main>\n<\/div>\n<div class=\"lg:w-1\/2 first:mt-0 relative h-full lg:flex lg:items-center\">\n<img decoding=\"async\" class=\"object-cover w-full relative z-20 my-0  rounded-md hidden lg:block\" src=\"https:\/\/bpimg.biggerpockets.com\/https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2022\/08\/Agent-Finder-Block-2.png\" alt=\"find an investment-friendly real estate agent\" title=\"There Are Just Way Too Many Real Estate Agents Right Now\u2014And It's Hurting the Industry 2\"\/>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"wp-block-group is-layout-constrained\">\n<div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-group__inner-container\">\n<div id=\"visibility-group-block_64dd31c79f00f\" class=\"visibility-group  \">\n<div id=\"hero-block_64dd2875dba9d\" class=\"first:mt-0 hero-block py-4    has-background has-slate-100-background-color has-text-color has-theme-slate-color\">\n<div class=\" flex flex-wrap lg:flex-nowrap max-w-screen-xl mx-auto px-4 relative lg:items-center \">\n<div class=\"relative z-30 w-full \">\n<main class=\"py-4\"><\/p>\n<p class=\"my-3 md:my-5 lg:my-8 has-theme-slate-color has-text-color\" style=\"font-size:16px;font-style:normal;font-weight:400\">Ready to succeed in real estate investing? Create a free BiggerPockets account to learn about investment strategies; ask questions and get answers from our community of +2 million members; connect with investor-friendly agents; and so much more. <\/p>\n<p><\/main>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"italic\"><b>Note By BiggerPockets:<\/b> These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.<\/p>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.biggerpockets.com\/blog\/there-are-too-many-real-estate-agents\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this article At the end of July, the National Association of Realtors (NAR) had nearly\u00a01.6 million members, which works out to about 2.4 Realtors for every\u00a0home actively for sale. A\u00a0report\u00a0from the Consumer Federation of America (CFA) notes the surfeit of agents is costing the industry, harming consumers, and reinforcing high commission rates.\u00a0 Lenient licensing [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":8827,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2023\/08\/real-estate-agents-1024x517.jpg","fifu_image_alt":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-8826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/8826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/comments?post=8826"}],"version-history":[{"count":1,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/8826\/revisions"}],"predecessor-version":[{"id":8828,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/8826\/revisions\/8828"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media\/8827"}],"wp:attachment":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media?parent=8826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/categories?post=8826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/tags?post=8826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}