Licensees numbers continue to decline

Despite rising home sale prices [the Reno-Sparks median sales price is up over 20 percent YTD] the number of licensed brokers and agents throughout the state continues to decline — as agents leave the business voluntarily, or otherwise. According to the most recent data released by the State of Nevada Real Estate Division the number of licensees has hit a new low.

Statewide, Active licensees fell 2.3 percent since this time last year. The number of Inactive licensees (those placing their licenses on ice temporarily) has also dropped – falling 20.7 percent. This indicates more agents are simply calling it quits with no intention to return to the business. Combined, the drop in the number of Active and Inactive licensee in the state has fallen 5.8 percent over the past year.

Washoe County saw similar declines in the number of its licensees. Countywide, Active licensees fell 2.2 percent since this time last year. The number of Inactive licensees fell 16.0 percent. Combined, the drop in the number of Active and Inactive licensee in the County has fallen 5.2 percent over the past year.

Active Inactive Total
Washoe County Licensed RE Agents
May 2012 2,517 587 3,104
January 2012 2,537 623 3,160
June 2011 2,574 699 3,273
February 2011 2,578 744 3,322
March 2010 2,644 803 3,447
November 2009 2,737 779 3,516
September 2009 2,737 796 3,533
August 2009 2,725 817 3,542
March 2009 2,770 1,022 3,792
December 2008 2,888 1,001 3,889
September 2008 2,791 1,011 3,802
June 2008 2,984 1,085 4,069
January 2008 3,104 1,142 4,246
October 2007 3,176 1,134 4,310
August 2007 3,229 1,137 4,366
June 2007 3,221 1,237 4,458
April 2007 3,166 1,304 4,470

 

Active Inactive Total
Statewide Licensed RE Agents
May 2012 19,925 3,855 23,780
January 2012 19,987 4,264 24,251
June 2011 20,395 4,861 25,256
February 2011 20,744 5,276 26,020
March 2010 22,139 5,652 27,791
November 2009 22,612 5,802 28,414
September 2009 22,865 5,943 28,808
August 2009 22,920 6,066 28,986
March 2009 23,466 7,448 30,914
December 2008 24,327 7,457 31,784
September 2008 23,814 7,345 31,159
June 2008 25,986 7,518 33,504
January 2008 26,997 7,470 34,467
October 2007 28,115 6,970 35,085
August 2007 28,548 6,988 35,536
June 2007 28,763 7,418 36,181
April 2007 28,886 7,723 36,609

Source: Nevada Real Estate Division

related post: Washoe County real estate licensees decline nearly 5%

1 comment

  1. Curtis Reddehase

    Very interesting to see those numbers decline but also not surprised. Thanks for sharing!

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