Wednesday, July 9, 2008

Total Real Estate Licensees Decline

January 2000 - total licensee population was 303,000.

December 2007 - total licensee population at 578,959

Department of Real Estate administered 22,000 exams for would be brokers and salespersons in the month of April 2005 alone.

First quarter 2008, less than 2,500 licensses have sat for the real esatte examination.

January 2008 marked the first time in 84 months that the population licensee declined, continuing downward today.

According to California Real Estate Magazine- June/July 2008

What could this mean for the consumer and real estate agents? The tougher and more experienced agents are staying in the business.

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