Thursday, March 13, 2008

MISSING IN ACTION: UP TO 300,000 REALTORS

After nine consecutive years of record membership growth, the National Association of Realtors is preparing for a loss of up to 300,000 Realtors in 2008, according to a new report.

NAR has seen its Florida membership fall by 14.36% over the past 12 months, with California having lost 13.49% of its Realtors in the past year.

The "hot spot" for a career in real estate these days... Alabama?? Yes, Alabama, which saw its Realtor membership grow by 2.3% last year, the fastest growth rate in the nation.

Colorado's NAR membership held steady at just about 26,000 in 2007, a loss of less than one percent.

NOW, to the point of all this...

From the 1.2 million Realtors in America, less than 35,000 have taken the time and invested the money to earn the CRS designation, the highest professional designation in the business. If more agents had focused on building a business for the long haul instead of the quick buck, you wouldn't see this mass exodus out of the profession.