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Tim Bradley is an owner of Contour Investment Properties, the only brokerage firm in Jackson exclusively focused on commercial and investment property in Jackson Hole and Teton Valley. Tim has earned the MAI designation from the Appraisal Institute as well as the CCIM designation from the CCIM Institute.
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31 Comments on Realtors® and Dead Cats: What does your market look like?
And the numbers keep changing....here on the Toronto Real Estate Board, we are swinging at 30,000 agents Tim.
Tim, your blog post sure was a catchy one! I'm glad this post wasn't really about dead cats, though. :)
Interesting...I would have thought California would be higher on the list.
Leilani, California is still in the top 7, and I'm sure certain markets in California are pretty saturated.
Tim, This was a very interesting report. Perhaps there was a Shadow Inventory of Agents, that simply disappeared. I have always believed that 10% of the agents are doing 90% of the business. That has always been the case in my office. It is probably also true, that 10% of the bloggers are writing 90% of the blogs on Active Rain. What do you think?
Great numbers, Tim! Of course, your narrative is what makes it really fun!
Richard, I suspect you're right. The same names that have been in the business, making a good living, for the past couple of decades, are still here, still working, and still making a good living. The other 80-90% come and go...
Nice of you to say so Brenda, and good to see ya!
Tim, what a great post. I had no idea what the numbers were. We could lose a few more and it wouldn't hurt anything!
Out of all those Realtors in California, I had to choose one of the bad ones. I’m tempted to see if she is still in business.
I had no idea that there are states with fewer people than those who call the City of San Diego their home!
Hi Connie, thanks for stopping by. It is an eye-opener, isn't it.
Eric, sorry you had a bad experience. Here's a link to look up and see if a particular person is licensed in California... http://www2.dre.ca.gov/PublicASP/pplinfo.asp You've landed in a great place with Russel though! Say hi to Russel for me.
Just stopped by to say that I
I guess West Virginia is the place to hang your license.
Tim I love your blog post why important to have a niche you specialize in therefore higher % of clients ;p
Thanks for stopping in Russel, Jane and Lynn!
Oh, Tim? Where are you? I hope you're not having too much fun there in JH.
When I started in August 2005, my mom said, "But there are so many of you!" So many of them are not here in August 2011. I am!
Russel AND Jim?? Hi guys! Thanks for stopping by, and I'll be posting again soon, I promise...
Tim, Very interesting post. I remember at the peak of the market, everybody had a real estate license, because it was sooo easy. We went from about 1000 Realtors to over 4000 in a couple of years. Each new agent was good for one or two transactions. It was crazy back then. Now we are back down to under 1600, I believe.
Your featured post brough me over here. I like the title. Our State Association reported that there was 1 licensee per 54 adult Californians. That may be right because many licensees are not NAR members.
Here's the old joke
Guy walks into a liquor store to cash a check.
The clerk asks to see his Real Estate license.
Guy says: "Real estate license?? Don't you mean my 'Driver's License'"
Clerk says: "Well, not everyone has a Driver's License.
haha
Tim, that's too funny! I see Texas isn't too bad. I knew Hawaii was ridiculous, and I assume the others are high too with their huge bubbles. I think in San Antonio there are 7,000 registered with the board with a pop of 2.2M for the greater MSA. Austin has twice as many Realtors and half our population! Have a good week!