- In Florida from 2000-2005 there were 115,000 new real estate sales licenses issued. That's triple the figure from 1994-1999!
- 2,688 of those licenses were issued here in Brevard County, according to figures from the Florida Department of Business and Professional Regulation. That nearly quadruples the figure from the previous 5 years when 708 new licenses were issued.
- In 2007, the number of new Brevard County licensees dropped by about 1/2 of those in 2005.
- Today, nearly 1/4 of real estate licenses are in inactive status.
Is this an indication of the shift in our local market? Are licensee numbers declining because new agents found the business more difficult than expected? Did they find that it required more hard work and knowledge than originally anticipated? Many wanted to be agents because it "looked" so easy and "agents were making so much money".
Or, is it because buyers got buried in their overpriced purchases? And, it was inevitable for the market to readjust, thus creating a market slowdown? Competition at the peak of the market was fierce. Often times, ethics were thrown out the window in many areas of the market.
So, now it's time for those of us agents "here for the long haul", to help buyers and sellers "attempt" to pick up the pieces and move forward. Perhaps, it is time to bring back a bit of "normalcy" and good old fashioned ethics to all sectors of the real estate marketplace.
that for you
