Sunday, August 23, 2009

Hey Inactive Real Estate Licensees – Is it Time to go Active Again?

I’m not going to sugar coat things. Being a full time Chandler real estate agent has been tough over the past few years. I know that I have personally found myself tightening my belt on more than one occasion. When the real estate sales numbers drop like they did, those of us making a living by selling real estate find ourselves income challenged. Ha! Income challenged – I sugar coated things after all!

Many Realtors decided to get out of the business at least for now. Let’s face it, being a Realtor can get expensive. Many brokerages charge monthly fees in order to hang your license there. If you are not selling houses, it makes no sense to pay these fees. And then there are association fees, MLS subscription fees, lockbox subscription fees, and so on… I know several people who are now inactive licensees and have found employment in other sectors because of this.

But the tide has turned. Just as an example, Chandler real estate stats show that home sales have more than doubled in the past few months. I reported on that a few weeks ago (click here). It might be a good time for inactive licensees to think about launching a comeback. And if you don’t want to pay a monthly “desk fee” or clubhouse dues as I like to call them, there are companies out there that offer commission splits instead of monthly fees.

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