Thursday, September 06, 2007

As Housing Market Cools, Far Fewer Become Agents

How many of them with a licence are already out of business....? How many of them have put money during the boom times to the sidelines to withstand the housing downturn...... I´ll bet only very few...... And with business so poor it is not surprising that some are getting desperate ... :-)!

Zukünftig werden wohl viele mit einer Lizenz als Karteileichen enden..... Wie viele von denen die in den letzten Jahren bombig verdient haben waren so weitsichtig um Rücklagen für die düsteren Zeiten zu bilden.....? Ich gehe von einem extrem niedrigen Prozentsatz aus...... Und da die Lage so trostlos ist sollte es nicht verwundern das einige von den Maklern zu verzweifelten Aktionen übergehen..... :-)

Many people rushed into residential real estate sales when the booming housing market made a license to sell homes seem like the closest thing to a sure bet at the casino. But now, as the housing market slows to a crawl, those new agents and a good number of more established ones are looking for other employment. ...

Thanks to Randy Glasbergen

The number of people taking the real estate sales exam in California soared from a little more than 2,000 a month in the late 1990s to a peak of nearly 20,000 in April 2005, according to the California Department of Real Estate.

But by July 2007, the number had dropped to 8,000. Similar patterns are seen in other states ....

The Boom in Real Estate (Agents)
Indeed, membership in the National Association of Realtors, the national trade group and lobbying organization for the sales side of the housing industry, increased by 163,000 in 2005, to almost 1.3 million members, but grew by only 6,000 in the first six months of this year. ...
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