Since real estate is our business, we certainly have. And whether you’re a buyer or a seller looking for representation or an agent checking out the competition in the marketplace (or maybe you fall somewhere in between), this number is probably relevant to you as well.
The Canadian Real Estate Association (CREA) is frequently cited as representing more than 100,000 real estate brokers, agents and salespeople. But we’re not sure that number is as specific as we’d like it to be.
A little Internet sleuthing resulted in this number from first quarter of 2014:
Or, as this Financial Post article points out, 1 real estate salesperson for every 245 Canadians over the age of 19. By comparison, at the same time there were exactly 202,200 cooks in Canada.
Further research found that there more than 40,000 licensed agents and brokers in the greater Toronto area alone (that’s like 40% of the total number of agents in Canada!). And more than 10,000 REALTORS® across the province of Alberta.
Meanwhile in California, there are roughly 279,200 active agents and brokers at the moment (not including licensed brokers who do not use their licenses and licensed agents who are not employed by a broker).
With so many people making a living as real estate professionals as the market continues to recover, agents have to work hard to stand out to potential buyers and sellers. If you’re looking to build your brand, expand your social media network or learn a few new marketing strategies, we’re sure to have a blog post or recorded webinar for you. Keeping agents up to speed in today’s fast-paced marketplace is what we do!
Is 108,706 more or less than you were expecting?