Five years ago getting your Real Estate license in NC seemed to be a very good idea.  A lot of people were tired of their office job, wanted a part time job or just wanted a fresh career change.  Skip forward to today's market and it doesn't seem to be such a "golden opportunity" as it once was.

The National Real Estate market is hurting, but there are many markets around the country, NC being one of them, that are getting along okay and is not suffering as bad as other parts of the country.  I heard a speaker say at a lecture in February that statistically speaking, 2008 is the year to just get by....I interpreted that as the media outlets proudly distribute that the market has hit bottom, and as an optimist I would say that means it will go up...although I think it will be tough for the rest of this year at least.  But, to quote a song, "you can't have the good, until you shared some bad", $10 to whoever can name the song...(no googling).

Now to the point, in 2002 there were 5,775 applicants for a license in NC which steadily rose up to 10,493 in 2006 which averages to 874 a month.  In 2007 there were 7,504 (625/month) and this year so far there are 1,359 (453/month).  I would assume the numbers will slowly go down this year and then slowly trickle upwards in 2009.......then stay steady for a while.  For the record, to even apply to get a license in NC you must first pass a classroom exam to proceed to take the State exam.  To date (actually 3-08) out of 2,239 people that have taken the State exam,  1,342 passed, which is close to a 60% pass rate.  If you are considering getting your license, talk to people you may know that are in the business and see if it is for you.....then study and know your stuff....clients like that.   For more Real Estate Information please visit us here.