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Real Estate Matters: California now has 327,341 licensed agents

Original post made on Aug 15, 2013

At last count, there were 327,341 licensed agents in the State of California. Half are probably inactive -- a quarter of them are part timers -- of those that are left, half make a decent living at it.

Read the full story here Web Link posted Wednesday, August 14, 2013, 7:33 AM

Comments (6)

Posted by member, a resident of Birdland
on Aug 15, 2013 at 8:44 am

Too bad greed drives most and no consideration of US citizens. Only high rollers with money get the house. Big investors that only buy to turn a profit. No consideration of a home town family who wants to grow and thrive in Pleasanton. They must move to Tracy. No way to change this Im afraid. Just be the highest bidder and you're rewarded. Maybe we need to have homes priced for the middle America and not the D Trump investor with no local ties. If you are a seller or seller agent, this will make no sense.


Posted by Jeff, a resident of Canyon Oaks
on Aug 15, 2013 at 11:39 am

I just won a bidding war on a house with 9 other offers, two of which were cash over asking price. My offer was the 5th highest in terms of price but I knew how the game is played so the seller accepted my non-cash offer. You see, it's not all about the price. Take the time to know the sellers and understand their needs and you can craft an offer that appeals to them. I did my homework and gave them exactly what they needed even though my offering price is way lower than that of the highest offer. Do your due diligence and you wouldn't need to move to Tracy. And don't trust an agent to do the hard work for you; most agents I've come across are not very good at what they do.


Posted by Joanna, a resident of Downtown
on Aug 15, 2013 at 7:26 pm

Jeff, I'm curious as to how you were able to do this. What exactly did the sellers want that you were able to provide? I have two younger relatives who have been hunting for their first house, and they are being outbid by investors every time. And they're not even looking in Pleasanton, but in other East Bay cities. Very discouraging for them. I don't think it's as easy as you appear to believe.


Posted by Member, a resident of Birdland
on Aug 16, 2013 at 8:27 am

My wife and I ARE NOT HIGH ROLLERS and we have been investing in rental properties for 40 years. How did we do this on one modest middle class income? The old fashioned American way. We scrimped and saved, buying used cars, clipping food coupons, doing everything we could ourselves rather then hiring someone to mow our or wash our windows, etc. you do not have to be a Donald Trump to own a home. Sacrifice and save......it still works!


Posted by cheryl, a resident of Amberwood/Wood Meadows
on Aug 16, 2013 at 9:12 am

Real estate agents are nothing but blood suckers.

Sell your house by yourself. My husband and I have done it twice and save tens of thousands of dollars. It's incredibly easy. All you need spend is maybe $350 for a notary to go over all the paper work at closing. You'll save mucho $$$. Leave the real estate agents sitting in their offices, drinking coffee, and bellyaching about the region's "overpaid" public workers.


Posted by Member, a resident of Birdland
on Aug 16, 2013 at 10:08 am

Cheryl

You are absolutely right! Selling a home yourself is easy especially in this overheated sellers market. We have sold nine homes in the past this way. Hire a real estate attorney by the hour to draw up the papers or as you suggested use a notary. Educated people who can read can do this!


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