Austin TX Real Estate - Hill Country Austin Lakeway Homes for Sale: REALTOR® Membership is on the Rise in Austin TX

REALTOR® Membership is on the Rise in Austin TX

Many markets are doing very bad, or just mediocur.  Austin, TX has been fairly stable, and has also been picking up a lot of activity recently.

Many markets also talk about all the REALTORS® who have been weeded out of the business and the worker-bees are picking up their slack.

According to the Austin Board of REALTORS®, they're getting another 2-3 members for each one that drops off the radar. As we weed out the ones who can't sell dirt, there are 2-3 new people who think they can.

I asked why they think there are so many new members joining, and the response?  It's the California people.

Huh?

The people I have spoken with at the board say that many of the new members are new, relocation people, mostly from California.  I guess lots of people just threw a tack at the map on the wall and decided to pick up and move.

My first thought was once they sell that first house at $150,000, they'll give back their license if they're used to those $1M buyers!!! Our prices are drastically different than CA, but we'll see what happens.

Membership is almost at 9000 members again and it had only dropped below that for a very short period.

**Are You Packed Yet?**

Donna Harris, REALTOR®
RE/MAX Austin Skyline
www.DonnaHomes.com
Donna@DonnaHomes.com

Austin, TX and the surrounding areas of Lakeway, Bee Cave, Westlake Hills, Cedar Park, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Whether you're buying or selling, I'll be with you through the entire process.

Comment balloon 8 commentsDonna Harris • June 15 2009 08:25PM

Comments

Very interesting stats. Personally I think it would be excruciatingly hard to relocate my business.

Posted by Ellie McIntire, Luxury service in Howard County & Catonsville (Ellicott City Clarksville Howard County Maryland Real Estate) over 9 years ago

.. oh boy ... new 'experts' to deal with ...

Posted by Sheldon Neal, That British Agent Bergen County NJ (Bergen County, NJ - RE/MAX Real Estate Limited) over 9 years ago

Here in Detroit we are losing more and more Realtors every month.  It is still a tough market here.

Posted by Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com (Real Estate One) over 9 years ago

The good news is that the experts still seem to collect most of the business - 10% of the Realtors tell 80% of the homes!

Posted by Tom Thornton, Broker Associate, MBA, ABR, CRS, GREEN, GRI, SRES (Realty Austin) over 9 years ago

Donna,

I can't say I am surprised.  I am seeing more people in class.  Last week I taught a prep class in the middle of the week and it was well attended.

Posted by Richard Weeks, REALTOR®, Broker over 9 years ago

Ellie, Beleive me, it's VERY hard to relocate a real estate business.  I still have transactions up in Dallas closing while I'm not there anymore!

Sheldon, It's one thing to move from one city to another within the same state that's similar, but it's another thing to move to a completely different state where the market and contracts are completely different.  "Expert" my butt!

Russ, I'm sure it is when I see houses there selling for $1 just to get people in them and fix them up.

Tom, I think it's more like 5% of the Realtors sell 95% of the homes...

Richard, There were over 100 agents at the new member orientation last week. Crazy!

Posted by Donna Harris, Realtor,Mediator,Ombudsman,Property Tax Arbitrator (Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com) over 9 years ago

Hi Donna... I think you made a very accurate observation about the reaction to how hard we work for those $150K homes... if I were accustomed to selling $1 Million+ homes I don't know how easy I would find the adjustment.

Posted by Steve Shatsky over 9 years ago

Steve, My first few years, my averages were $116k with 15 closings, $119 with 19 closings, and $127k with 23 closings... I worked HARD in those tiny tiny price ranges... but then on year 4, things jumped slightly to $153k and things got a little better.  Now, I'm well over $200k, but I definitely earned it, but still no where near $1M!!!!

Posted by Donna Harris, Realtor,Mediator,Ombudsman,Property Tax Arbitrator (Donna Homes, powered by JPAR - TexasRealEstateMediationServices.com) over 9 years ago

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