There were several blogs on AR lately that focused on the number of real estate professionals leaving the industry. Since our Alaska licenses all expired January 31, 2008, I monitored the status of a few. Some surprised me by renewing almost immediately - I say surprised because many didn't sell anything or at least hardly anything. There were a few I was almost disappointed to see as renewed but ... that wasn't nice!
I wondered how many people would be leaving the business. The last several months haven't been easy. But I do know that if a licensee in Alaska wanted to renew their license, it could be done online. I did mine several weeks ago. Amazingly, my new license expiration date of January 31, 2010 showed up within minutes.
Tonight, there are still a lot of people who haven't renewed. Many are still answering their phones and advertising their listings and services - which is against the law! They are not licensed to practice real estate as of midnight, January 31.
There are additional fees for activating a lapsed license. There are also serious consequences for doing business as usual when you haven't renewed.
Why would someone wait until the last minute for something so important?
Check the license status of your Alaska real estate agent here:
http://www.dced.state.ak.us/occ/prec.htm
Debbie, I changed brokers recently and my status was inactive for about a week during the update and I was afraid to do anything business related. I was also very careful not to write anything real estate related here on AR. People do read us!