I recently heard that the rate of homes not selling is actually SLOWER than the rate of real estate agents leaving the business. True? I dunno, but I decided to take a gander at the NAR site to look at membership “trends” … and Lo and behold …
Year | Membership | Increase of … |
2000 | 766,560 | Â |
2001 | 803,803 | + 37,243 |
2002 | 876,195 | + 72,392 |
2003 | 976,960 | + 100,765 |
2004 | 1,102,250 | + 125,290 |
2005 | 1,265,367 | + 163,117 |
2006 | 1,357,732 | + 92,365 |
2007 (as of 11/30/07) | 1,357,993 | + 261 |
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With an average net increase of just over 1,500 NARsters per month (averaged from July 2007 – November 2007), we will be “lucky” to maybe reach a whopping annual increase of 2,000 members. Even though there is still a net gain in agents, that is a 90k+ membership net DROP from 2006 to 2007.
Are we going to see negative numbers in net membership like we did back in the early 80’s and 90’s? … Maybe …
Of course I am more than happy to see my “competition” go Buh-Bye, but the numbers are still VERY interesting.
