As the Real Estate Market Drops so do the Number of Omaha Real Estate Agents
According to the Nebraska Real Estate Commission newsletter Commission Comment the number of Nebraska real estate licenses has decreased over the last year. Here are the numbers:
|
Type of License |
2008 |
2009 |
Percent Change |
|
Nebraska Broker Licenses |
2,830 |
2,736 |
-3.3% |
|
Nebraska Salesperson Licenses |
5,250 |
4,968 |
-5.4% |
This is really no surprise. It seems that in the good years when it is a seller's market, everyone and their dog gets into real estate, thinking they can make some easy money and most of them do it part-time. In the down years however these fair weather real estate agents (and their dogs) realize that they do not have the skill or knowledge to make a living. As a result they quit.
This is a trend that is also seen nationwide. The National Association of Realtors® show in their annual NAR Membership Statistics report the following drop in membership over the last two years.
|
Year |
Number of Realtors® |
|
2005 |
1,265,367 |
|
2006 |
1,357,732 |
|
2007 |
1,338,001 |
|
2008 |
1,197,529 |
For an explanation of the difference between a real estate licensee and a Realtor®, check out the following two articles:
In Omaha what is the difference between a Realtor® and a real estate licensee?
In Omaha what is the difference TO THE SELLER between a Realtor® and a real estate licensee?
| Troy Trumm, Trumm Team - 402-943-9494, Omaha NE |
| Omaha Homes For Sale |
| Omaha Real Estate |
Numbers are down everywhere. Many more are part time. The numbers grew much too fast during the boom and could still use thinning.
John,
I agree. There are still too many real estate agents and too many part-timers. I had a great idea of how to cut down the number of agents - Real Estate Licensing Fee Raised to $10,000 a Year.
Hi Troy,
I like your post,you said just like it is.The scary part is that agents with their dogs who were in business and decided to quit didn't quit with their dogs,dogs are still in business.
It's dog eat dog out there now!
Just an observation.
Zijuzijazijana
Zijuzijazijana,
That's true, it is a dog eat dog business. As I see it though, strong competition makes the good agents better and makes the rest rethink their career path.