I just finished watching Dave Linegar on RSN and was amazed at some of the things he discussed. According to NAR;
In 1999 there were 900,000 agents
In 2006 there were 1.4 million agents
In 2008 there were 1.2 million agents
Dave thinks that current number is closer to 1.1 million agents
1/3 of today's licensed agents have been licensed less than 2 years
2/3 of today's licensed agents have been licensed less than 5 years
In 2007 400,000 licensed Realtors did not make a commission.
What does that mean to you?
That as more under qualified, part-time agents leave the business, will allow the professional full time agents amount of transactions will continue to increase.
Some other facts that verify business will increase during the rest of 2008;
5 million resales
Great Interest Rates
Realtors will sell REO's
Best selection opportunity for buyers
Best Investment opportunity for investors
Dramatic decrease in FSBO success
I thought I'd share some positive notes with everyone
Posted by Frank Helderle http://www.thehelderles.com
"I ALWAYS HAVE TIME FOR YOUR REFERRALS"
Agents earn up to 25% referral fee on your incoming referrals
Thanks for sharing the positive comments Frank. We always find what we're looking for and focusing on good news brings opportunity. Best wishes for a strong 4th quarter. When things are moving in St Louis, they're moving in Naples. Greetings from Paradise.