December 26, 2007
Mr. Jim Sexton often gets asked, “What’s going on with the number of real estate licensees in AZ?” This is a tricky question to answer because there are a few different “cleansing” periods throughout the year. The first of which happens in January when the Associations send out their bills. Then the next one is in July when ARMLS dues are expected. And then the last one is in September when SUPRA charges to operate lockboxes (an essential tool for REALTORS®). In October SUPRA reported a 4.2% cancellation rate and a 13.5% unpaid rate. So about 17.7% of agents with-in ARMLS (which primarily covers these cities) aren’t renewing their tools.
We recently received the latest report from the Arizona Department of Real Estate. This a moving target because there are is no set date the license renewal fees are due. It is based on when you got your license. But, at least we can compare year over year and see that across the entire state we are down about 2%.
Click on the chart to see the hidden columns.

4 Comments |
ADRE, Licensees, Real Estate Statistics, SUPRA | Tagged: Arizona Real Estate, Jim Sexton, Phoenix Real Estate Agents |
Permalink
Posted by Phil Sexton