REALTOR® Associations Report Membership Still Growing

A group of young professionals talking and walking down a staircase
real-trends-icon

The residential real estate industry is attracting new levels of talent.

At a recent meeting with several key state and local associations of Realtors® CEOs, we learned membership rolls are still growing. Many also report that membership totals are now at or nearing historic highs.

It‘s interesting to us that with record low unemployment and rising house-hold incomes, real estate still appears to be an industry with unique appeal. Whether someone wants to have a license for occasional referral or transactions or want to give it a go in creating a real business career, a residential brokerage is attracting high levels of new talent.

Some of these CEOs also commented that they‘re seeing a growing number of younger people entering the business. All of this is good news for our industry.

While no one can say that they like the fact that a large percentage of Realtors® won‘t complete a single transaction in 2019 (which has been the case for many years) and that this does have an impact on the view of the level of professionalism, we must also consider that every top agent and team out there today started as a rookie. And, many of today‘s top producers took years to build their practice. Let‘s keep in mind that we don‘t have a foolproof way to know which of today‘s new Realtors will become the stars of tomorrow.

And, let‘s also keep in mind that for all the challenges facing our industry, it remains a wide-open opportunity for women and men of all sociodemographic levels, regardless of race, creed, or color to create their businesses— and create their future.

real-trends-icon

This article originally appeared in the January 2020 issue of the REAL Trends Newsletter. It is reprinted with permission of REAL Trends, Inc. Copyright © 2020. To read the rest of this issue & more, please visit our Real Trends page online.

Comment

  1. RadEditor - HTML WYSIWYG Editor. MS Word-like content editing experience thanks to a rich set of formatting tools, dropdowns, dialogs, system modules and built-in spell-check.
    RadEditor's components - toolbar, content area, modes and modules
       
    Toolbar's wrapper 
     
    Content area wrapper
    RadEditor's bottom area: Design, Html and Preview modes, Statistics module and resize handle.
    It contains RadEditor's Modes/views (HTML, Design and Preview), Statistics and Resizer
    Editor Mode buttonsStatistics moduleEditor resizer
      
    RadEditor's Modules - special tools used to provide extra information such as Tag Inspector, Real Time HTML Viewer, Tag Properties and other.
       




GET THE APP!




© 2019 Washington REALTORS® - All rights reserved. Articles found on the Washington REALTORS® website are intended for Washington REALTOR® members. None of the information contained herein constitutes legal counsel. Opinions expressed in the articles are those of the contributors. If you are a Washington REALTORS® member and have questions about reprint rights, RE Magazine or WR app content, please contact Cara McNeil at (360) 943-3100 x 126 or email cara.mcneil@warealtor.org



You might also be interested in...