Inman Real Estate News – Real estate licensees are booming in California
The California Department of Real Estate announced today that there are about 500,000 real estate licensees in the state – which means that one in every 52 adults in California has a real estate license.
In 2005, the number of licensees grew 14 percent over the previous year to a then-record 476,000 licensees. That total represented a 57 percent increase compared to the number of California real estate licensees in 2000. The number of licensees reached 495,000 as of April 2006.
Holy cow. To put things in perspective, if all of these real estate agents got together and formed a city, they would be the 33nd largest city in America.
There are more real estate agents in California than there are people living in Sacramento, Atlanta, Miami, or Honolulu.