How many REALTORS are in Your Market??? How do they SURVIVE???

I am amazed at how many Realtors have another full time job.. !!! There is no way I could do this and another job too..

Hi Cheryl, I would image this may be true for a number of other markets too. It might be that 80/20 rule, with only 20% of the agents in any area doing 80% of the work. But the consumers do need to interview their agents carefully to be sure that are getting someone who is current, available, and knows the market.

Our numbers are smaller, but in 2011 it was an average of 3 sales per agent. My broker figured that some agents were only making about 35 hundred a year. That's a small paycheck.

How's your weather? I went down to Montrose today and it rained most of the day here and in Montrose. Now it's starting to snow. I just got done walking the dogs, and it's really getting cold and windy.

Cheryl, Great post.  It would be great to show to anyone thinking of getting their license.  We really need agents who make a commitment rather than just coast along with a license.  I hope you are having a great weekend.

We had FEWER sales than licensees again this year. That makes 4 years in a row for us...

that is great, i have one question, the number of possible deals is that including both sides?  Each deal is 2 deals.   

Cheryl, I’ve called buyers agents in the middle of the day – they answered their phone and then said they are at work. Huh?  Yep, I’m a full time engineer at Lockheed … the list goes on and on.  It’s so bad that I now ask all agents who submit offers on my listings if they are full-time agents.  I pass the information on to the sellers which helps them make their decision on which offer to accept.

Yup Cheryl, I think your words ring across the nation.  I saw somewhere that last year, the average agent sold 3 to 4 sales in a year.  That is truly POVERTY level!...but the public has this image that Real Estate Agents make TONS of money because they see only that top ONE percent that have managed to achieve and assume everyone else is like that.
Here, we have 7,000PLUS agents and last year there were 7,000 total real estate sales, go figure that.

Try an average of .010 here what a shame over 3100 in our small market, no wonder they ar ecalled Brokers

A lot of people have a license and just do one or two deals a year for themselves, family and friends. They are not TRYING to gain clients. This screws up the statistics.

For the past 30 years since I've been in business, 20% of the agents do 80% of the business.  It doesn't seem to matter what area you're in, or the number of licensed agents in the MLS, the numbers always seem to stay the same.