Are There Too Many REALTORS? What You Need To Succeed in the Southern California Real Estate Market
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 Published On Premiered Jun 14, 2021

In this Marketing Muse we are coming to you from Hermosa Beach, California to take a look at some of the troubling numbers related to the current state of the real estate market.

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Number of licensed Realtors: 1,484,549

Data from the National Association of Realtors shows that as of April 2021, there were 1,484,549 Realtors in the U.S. That’s higher than any other month in NAR’s data, which goes all the way back to 1910.

Projected existing homes sales in 2021: 6.2 million

At the end of the day, real estate comes down to sales, and projections from NAR indicate that despite all the challenges, 2021 should hit a high point: 6.22 million existing home sales. That would be 10.3 percent higher than 2020, when about 5.6 million homes sold.

In real estate, 20% of the agents sell 80% of the homes.

80% = 4,960,000 homes sold by on 20% (296,910) realtors

The rest…

1,240,000 homes divided between 1,187,639 agents

1.04 home sold per agent for 80% of agents

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Are There Too Many REALTORS? What You Need To Succeed in the Southern California Real Estate Market

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