The recession took a toll on Arizonans employed in real estate during the past five years with the loss of nearly 17,000 agents.
A recent article in the AZ Republic states there are 35,864 real-estate agents with active licenses, down 52 percent from 2007 when there were 52,286 active agents, according to recent figures from the Arizona Department of Real Estate. And there were even more at the peak in 04-05.
The number of license holders is down 4 percent from last year.
An additional 19,245 agents have inactive licenses, meaning they are not employed by a broker and cannot conduct any real-estate activity. That is up from 12,652 agents with inactive licenses in 2007.
I may have been banging my head against the wall a few times over the past few years, but I am still here as a full time agent!
Adam Tarr PC
Citywide Real Estate