California: Number of Licensed Real Estate Agents declines Sharply

by 13 Oct 2010

The ranks of holders of the "sales person" license thinned by 18 percent since the peak, down to 327,341 active licenses in August. The number of brokers, who have a larger investment in time and money into the business, also slumped, but by 3 percent to 148,373.

The drop in licensees whacked membership rolls at the California Association of Realtors by 20 percent, pushing their membership to 160,000. ...

"When you go from one to three sales a month to one sale every three or six months, you can't make a living," said Susana Marquez, a San Diego real estate agent.

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