Booming real estate creates more agents

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July 23, 2005

Everyone knows someone who was unemployed and switched to selling real estate. Then made it rich, rather quick.
I personally know a former computer programmer whose face is on a few billboards in Las Vegas. Out of work dot-commer from Minneapolis now is one of the hottest real estate agents in Sin city. Las Vegas, Miami and Phoenix are three cities that have generated many new real estate agents. San Diego has been hot for a while.

The grass is always greener on the other site. You can become a real estate agent quite easy and today, you can even become a broker without working as an agent a single day in some states. Take few more classes, pay few more dollars, pass few more tests and voila, you can work from your own home.

I know quite a few real estate professionals who are very successful. They earn high six figures a year and I mean, HIGH. They all say that on every one of them there are at least several dozens who barely make it.

The Florida Association of Realtors, the state's largest organization for real estate professionals had 72,670 members in 2000. In 2004 over it had over 126,000 members. This number will be very likely growing as Florida’s home sales were up 7 percent last May with median price rising 27 percent to $230,800 from $181,900 just a year ago.

Nationwide there are about 1.2 million real estate agents. In 2003 there were just under 980,000.

The competition is stiff but there are quite a few that are succeeding.

Posted in Real Estate at July 23, 2005 11:37 PM

Bad Credit Online Magazine - Daily News and Advice on Credit, Debt and Mortgage : Booming real estate creates more agents

July 23, 2005

Booming real estate creates more agents

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