I'm working on an article about real estate agents who leave the business or, for whatever reason, decide they can't make it in real estate. I'm suspecting that last year's fallout numbers will not even come close to this year's attrition figures. Which in many ways is a good thing because it weeds out the ineffective and non-producers.
The word on the street often heard with regards to agent experience is "Don't Hire an Agent With Less Than Five Years of Experience." I've been wondering about that statement. I think you hear that more in California because licenses need to be renewed every four years. So if a buyer or seller is working with an agent who has five years' experience, they can be relatively assured that the agent has been in the business long enough to at least renew a license.
But it makes me wonder about agents in other states. So here are two questions for those of you who care to answer: For how long is your real estate license active, meaning how many years before you need to renew it? And in which state(s) do you work?
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Elizabeth Weintraub is an author, home buying expert for About.com, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout the four-county Sacramento area with an emphasis on Elk Grove. Call Elizabeth Weintraub at 916.233.6759. Put 40 years of real estate experience to work for you. Broker-Associate at Lyon Real Estate. BRE License # 00697006.
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Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of Lyon Real Estate. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.