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NAR Reports Drop In Membership - Less Competition!

By
Real Estate Agent with Coldwell Banker Realty

Interesting Stat - National Association of Realtors membership declined in the first quarter of 2008 by:

102,403

That's a big drop!  For those of you bloggers out there, that's over a 100K less competitors to worry about...

Here's a couple of appropriate quotes for real estate pros and consumers alike, taken from some recent surveys of the business media:

 

“Your key to success is to arm yourself with the most current information available.”
- Stefan Swanepoel, 2008 Swanepoel Trends Report

Sales professionals need to present facts, figures and charts that show the market clearly.”
- Steve Murray, RealTrends March 2008

“The number one concern of brokers going into 2008 is servicing smarter, more informed consumers.”
- Real Sure Brokers’ Survey


Posted by

 

 

Stephanie Edwards-Musa
thredUP.com - The Woodlands, TX
knitwit at thred UP

Wow,  that is a big drop!  By the way,  guess who I have seen a few times in the last couple of days?  :)  Hangin' out with Mary down here...in Houston.  Can you believe it? 

All of these quotes are great!  And so true...

May 23, 2008 02:22 PM
Jeff R. Geoghan
Coldwell Banker Realty - Lancaster, PA
REALTOR, Marketing Manager

Stephanie Edwards-Musa, Realtor ® The Woodlands, TX Real Estate (Prudential Gary Greene, Realtors ®)

Tell Mary I bought a cruiser.  She'll know what I mean.  Great to hear from you!

May 23, 2008 02:25 PM
Scott Cowan
RE/MAX Professionals - Olympia, WA

Wow!  That's a big drop. I know my office voted to not renew as a whole so even though we are not Realtors we are still in the business. I don't know how many others have dropped the NAR but are still active in real estate sales.

Best,

Scott

May 24, 2008 03:29 AM
Adam Waldman
Westcott Group Real Estate Company - Hauppauge, NY
Realtor - Long Island

JEFF - This is a cleansing that is long overdue.  Hopefully, it will continue, and the profession will start to restore its collective reputation.

May 24, 2008 02:16 PM
Todd Clark - Retired
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

Wow, that is a huge drop and it amazes me when you think about it. That is like losing every Activerain member from NAR. That is a huge number, but it doesn't surprise me as our office has gone from 23 agents at the beginning of 2007 to I think 3 or 4 now.

Todd Clark, Helping Families Home - www.IFoundYourNewHome.com

Jun 22, 2008 05:36 PM
Jeff R. Geoghan
Coldwell Banker Realty - Lancaster, PA
REALTOR, Marketing Manager

Todd - that's a big drop at your office!  Talk about having a bigger piece if the pie...

Jun 23, 2008 05:18 PM