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This is hard to believe....

By
Real Estate Agent with RE/MAX Home Team
I'm in Phoenix at a RE/MAX Leadership Conference. I just heard John Featherston, the CEO of RIS Media speak about market conditions, sales statistics and other good stuff.  He reminded us that despite what you hear from the main stream media,  this is the 3rd best year in real estate!   But here is the statistic that had everyone buzzing and in fact, he was asked to repeat it.  Of the 1.3 million Realtors in the US, 500,000 have not had a real estate transaction this year.  WOW!  
Dena Stevens
Rocky Mountain Realty - Canon City, CO
Putting The Real Into Realtor Since 2004
It's good to be reminded of the silver lining. Thanks.
Oct 05, 2006 08:59 AM
K. W. B
Keller Knapp - Marietta, GA
That just screams to me that barriers of entry into the career as a licensed real estate professional should be much more difficult. It's way too easy to get a real estate license. And it should be much harder to keep one as well.
Oct 05, 2006 09:26 AM
Teri Isner
Keller Williams Realty at the Lakes - Orlando, FL
GRI, CRS, CIPS
Good gracious that is incredible, scary and great to add to the listing presentation since we have still been cranking them out.
Oct 05, 2006 10:40 AM
Eric Bouler
Gardner Realtors, Licensed in La. - New Orleans, LA
Listening to your Needs
They only report things that are 3 months old. They do not look at the numbers and the reasons behind them.
Oct 05, 2006 11:11 AM
Kristal Kraft
Novella Real Estate - Denver, CO
Selling Metro Denver Real Estate - 303-589-2022

Quick, would somebody PLEASE call the media?

Oops than I read the last line.  How the heck can they survive?

Oct 05, 2006 12:47 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert
There are a lot of part timers out there who think that business will just come to them. Those that do this full time know that you can make a good living at this, but you have to go out and get it.
Oct 05, 2006 01:27 PM
Linda Davis
RE/MAX Home Team - Gales Ferry, CT

I agree Teri.  And I plan to add both statistics to my listing dialogue.

Oct 05, 2006 04:22 PM