Washoe County lost 118 real estate licensees during the first quarter of 2009. This represents a 4.1% decrease in the number of active agents since December 2008. Statewide saw a 3.5% reduction in active licensees.
21 (0.7%) allowed their licenses to go into “inactive” status; the other 97 (3.4%) simply hung it up and moved on. Below are the numbers for Washoe County and Nevada. To see the numbers for the state broken out by County, click here.
|
|
Active |
Inactive |
Total |
|
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 |
|
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 – March 2009
http://www.red.state.nv.us/realestate/stats/stats_history.htm
MKchick
Sidenote, but ALEC (Laffer’s organization) just released their economic outlook report.
Nevada’s is here:
http://www.alec.org/am/pdf/tax/09RSPS/states/09nevada.pdf
We’re still #7, and more people are moving here than moving out. I guess it is retirees, as our unemployment rate is double digits right now.
smarten
Guy, what is an “inactive” real estate licensee? Is there an “inactive” status that can be selected; is there a cost; and what’s the advantage over let’s say hanging it up and moving on? Thanks
Guy Johnson
smarten, an agent can voluntary elect to go “inactive”. No cost to go inactive, but could be a cost to re-instate depending on the duration of the inactive status. An advantage over “hanging it up”, is that one would not have to start completely over in obtaining a RE license.
Lot’s of good info here:
http://www.leg.state.nv.us/NRS/NRS-645.html#NRS645Sec190
for example:
NRS 645.577 Placement of license on inactive status; reinstatement.
1. The Division may place a license on inactive status for any of the following reasons:
(a) At the request of the licensee.
(b) If a broker’s license or a corporate officer’s license, for failure to immediately notify the Division in writing of any change in the name of his firm or its business location.
(c) If a broker-salesman’s license or a salesman’s license, for failure to notify the Division of a change in the broker or owner-developer with whom he will be associated within 30 days after his previous association was terminated.
(d) For failure to apply and pay the fee for renewal before the license expired.
(e) If inactivated upon the placing of the broker under whose supervision the licensee worked in an inactive status.
(f) As a result of a formal disciplinary proceeding.
2. Any licensee whose license has been placed on inactive status may not engage in the business of a real estate broker, broker-salesman or salesman until he has met all of the requirements for reinstatement of his license to active status.
Brady Pevehouse
I bet those that have left were never missed?
Congrats on making the cut! To still be around and be putting food on your table through the past couple of years, proves you bring something to the table.
I am sure past clients would agree!
Guy Johnson
Brady, Thank you for your kinds words.