Friday, November 2, 2007

Realtor population

When I moved to Victoria in 1991,
Real Estate was very busy, and at the time with over 1,300 agents active in the local industry.

After the last Market decline in 1995, we dropped from an all time high of 1642 Realtors to a low of about 880 Realtors by 1999.

Since then we have seen some significant changes in the industry, most importantly the change to the Real Estate Act to allow Realtors to be active in multiple careers.

Even with the change to allow part time Realtors, the number of Realtors now active in our area is approximately 1,150 and growing by about 10 to 15 new agents per month.

The ratio between general population growth and the Realtor population growth is indicating that Real Estate as a Career option is a very secure and smart business decision

What is the point here, Real Estate as a career is one of the last industries where your pay raises are very much in your own hand, and should be considered if you are looking for a 1st, 2nd or retirement career.

Talk To Peter Pfann to find out how, peter@talktopeter.com

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