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 |
|
|
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 |
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.
