New Record for Real Estate Licenses in California

The California Department of Real Estate recently reported that nearly 500,000 people hold real estate licenses in California. That equates to one real estate licensee for every 52 adults.

Last year, the number of real estate licensees skyrocketed to a record of more than 476, 000. This is an increase of 14% from the previous year and a 57% increase over 5 years ago. The trend even continued climbing to 495, 000.

Commissioner Jeff Davis said that the level of interest in real estate licensure is unprecedented. He said that with the many new licensees, the DRE has also increased its consumer protection efforts.

By M. Sese
http://realestatepress.org