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Rainmaker
5,772,593
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Buzz,

It does not matter to me.  I think the real number are the one who are making a living at it.  A

Mar 22, 2021 07:35 PM
Ambassador
3,350,309
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Oh my gosh, If I answer what I am thinking, it would not be nice or appropriate ... and maybe even a COE violation.  So, I am left biting my tongue. 😛

Mar 22, 2021 07:02 PM
Ambassador
3,864,366
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

I read the WSJ article...

"There are more real estate agents than homes for sale in the U.S."

Mar 22, 2021 09:18 PM
Rainmaker
1,153,794
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

1,400,000

Mar 22, 2021 07:11 PM
Ambassador
3,140,627
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

...homes for sale?

Mar 22, 2021 06:32 PM
Rainmaker
7,869,273
Roy Kelley
Retired - Gaithersburg, MD

A major surplus of inexperienced agents.

Mar 23, 2021 04:55 AM
Ambassador
5,256,941
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Probably number of homes for sale...I told someone the other day that having 5 listings is a blessing, even though they are all under Contract. It's better than having none! 

Mar 22, 2021 08:20 PM
Rainmaker
1,057,254
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

1.448M

 

Mar 23, 2021 07:40 AM
Rainmaker
853,502
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

... the number of homes for sale.  :)

Mar 23, 2021 04:33 AM
Rainmaker
5,243,848
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Dues paying members - I'll go with the number put forth by Kevin J. May

Active lisitng and selling agents making a viable living, I will be generous with a scientific wild ass guess of 13% of dues paying members.

Mar 23, 2021 04:09 AM
Rainmaker
1,325,124
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

We know from experience that many people think real estate is easy money especially when houses are flying off the market. The bar to entry into this business is quite low. Many will get their licenses and many of them will fail to renew when their first license expiration comes up.

The total number...I don't know or care. The number is quite enough to cause confusion among the home selling and buying public and is a leading cause of the low esteem many in the public sector have for real estate agents.

Mar 22, 2021 09:23 PM
Ambassador
5,062,655
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

The number of homes for sale

Mar 22, 2021 07:56 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

1.5 MILLION.
Inventory down, Sales volume down. Pie smaller.
More people to the party.

Mar 23, 2021 06:51 AM
Rainmaker
5,115,152
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I have no clue... I'm actually more interested in the number of realtors and agents who drop out of the business each year compared with those that enter the business before leaving a year later.

Mar 23, 2021 04:06 AM
Rainmaker
1,208,059
Peter Mohylsky, Destin BeachPro
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

Go figure, it’s an easy business.

Mar 23, 2021 03:45 AM
Rainer
195,522
Karen Climer
Demetree School of Real Estate - Orlando, FL
Teaching people to pass the real estate exam

In almost every business, 20% of the people do 80% of the business.  Real estate agents like to make a big deal out of this, but it is actually true in most professions. 

If someone wants to be in the business and do three sales a year, that is fine with me.  If someone else wants to do 300 sales a year, that is also fine with me.

Mar 23, 2021 11:31 AM
Rainmaker
693,775
Ray Henson
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

In January, the total # of agents exceeded 100!  What do I win? 🤣

Mar 23, 2021 08:57 AM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

The number of homes for sale

Mar 23, 2021 06:05 AM
Rainmaker
1,554,237
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

I don't need to guess, it's always Sales exceeded REALTORS*, been like that in CA my entire career. The average REALTOR* sells 4 houses per year and 40%+ in CA sell o% annually. I work hard to remain in the top 5% in San Diego and the top 20% in CA.

Mar 23, 2021 07:46 AM
Rainmaker
5,878,935
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Lots of dues paid by REALTORS are required to pay NAR.  Too many are not doing more than 5 per year.

Mar 23, 2021 05:35 AM
Ambassador
4,721,816
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I think it is over 60K in Arizona which is so crazy, my guess would be over 300K across the country but I am likely even guessing low.  My original thought was too many bad agents, haha.

Mar 23, 2021 05:16 AM
Ambassador
1,078,251
John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

This is getting annoying it's being shared so much.  This shouldn't be surprising to anyone in our industry, and I wish they'd stop writing about it.

 

SO many "Realtors" have a license but sell no homes, and don't help people buy homes.  Investors get their license for MLS access, others get licensed as a hobby/side gig to help family/friends when they need to move - there are SO many reasons to get a real estate license outside of doing real estate for a living.

 

If anything, I think the picture this paints is that it's all but pointless to even have licensing.  Hell, even when you point out blatant misconduct half the time there are no repurcussions.  

Mar 23, 2021 01:37 PM
Ambassador
6,422,434
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

listings

 

Mar 23, 2021 01:04 PM
Rainmaker
716,452
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

I would guess under 2,000,000.

Mar 23, 2021 11:02 AM
Rainmaker
1,847,471
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

shouldn't put up a link that's behind a pay wall.

Don't care.

 

Mar 23, 2021 05:38 AM
Ambassador
3,590,091
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Hmmm over a million for sure....maybe 1.5M?   After taking a look at the article I'd say it's very tough for new agents to compete in multiple bid situations in a hot market.  They have no idea of how to win bids for the most part.

Mar 23, 2021 04:14 PM