Washoe County, Nevada real estate licensees continue to climb — But for how much longer?

The Nevada Real Estate Division (NRED) has released its latest statistics on the number of real estate licensees in the state (Table below).

source: Nevada Real Estate Division

The NRED tracks the number of both active and inactive real estate licensees across three licensee types: Broker; Broker-Salesperson; and Salesperson. The table above shows the numbers of each licensee type broken out by Nevada counties.

Drilling down and focusing on Washoe County (the county in which Reno, Nev. and Sparks, Nev. are located), we find that Washoe County currently has 3,178 total active licensees (across the three licensee types: Broker; Broker-Salesperson; and Salesperson). This number represents a 0.7 percent increase since September 2018 – the last time the division released licensee statistics.

Currently, there are 545 total inactive licensees in Washoe County. This number represents a 3.4 percent increase since September.

In regards to Broker licensees, in October’s analysis I observed,

…the current number of active Broker licensees is at an all-time historical high — currently coming in at 430 active Brokers for September 2018. That number is up 5.4 percent from May 2018 and up 7.5 percent from December 2017. So, there appears to be a recent upward trend over the past year. This will be something to watch for in the next report from the NRED.

Looking at the most recent statistics from the NRED (see table above), we see that the number of active Broker licensees in Washoe County pulled back from that aforementioned historical high. Currently, Washoe County has 411 active licensed brokers — a 4.4 percent reduction in the number brokers since October.

Annual REALTOR® dues are due by January 31, 2019. As such, this is the time of year when many licensees consider whether to renew their licenses or not. It will be interesting to see the Active and Inactive numbers when the division next releases their statistics (likely in the spring).

What are your predictions for real estate licensee counts? Will the number of licensees continue to climb? Or will we see a decline in numbers?

Please leave your thoughts in the comments below.


About Guy Johnson

I am a licensed Nevada REALTOR® (lic.# S.0075262.LLC) living and working in fabulous Reno, Nevada. I cover Reno, Sparks, Incline Village, Carson City, and beyond. Give me a call at 775-722-4011 and I will be happy to assist you with your real estate needs. I'm your Guy!
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