by Calculated Risk on 10/04/2006 08:12:00 PM

The California Department of Real Estate reports the total number of Real Estate licensees reached 511,459 in the state at the end of August 2006. This is an increase of 53,000 agents / brokers over the last 12 months. The number of Salesperson licensees has reached 372,199, a 13% increase over one year ago. The number of Broker licensees is 139,260; 8% higher than last year.

Click on graph for larger image.

This graph shows the number of Brokers and Salespersons licensees added per month in California over the last year. It does appear the number of people obtaining real estate salesperson licenses has slowed, but is still increasing at about 8% per year.

Brokers tend to be more committed to real estate, and the number of new broker licensees added per month has remained steady.