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2012 Subscriber ProjectsUSING GRAPHICAL INFORMATION TO HELP MYSELF FEEL BETTER ABOUT WILD SPECULATION
Realtors vs. Population Total Realtors in Oregon Total Population of Oregon
Realtors vs. PopulationAround 2004, the number of Realtors started to increasemore rapidly than the population growth of Oregon. Thenet result was an increasing ratio of Realtor to consumerwith a peak saturation rate of .51% in 2006 . Since that timethe saturation rate has diminished and come back in linewith a more traditional ratio of Realtor to consumer. Total Realtors in Oregon Total Population of Oregon
Realtors vs. Population This is the ONLY indication that the number of Realtors should hold steady
Realtor vs. Profit• Since 2006, dollar volume has dropped to roughly the same level as we saw in 2002.• Conversely, the number of Realtors in RMLS have only fallen to 2004 numbers.• In order to get to the same profitability ratio that we had in 2002, we would have to lose 2,152 Realtors, leaving us 8,344 Realtors.
Realtors vs. Population• Normal : Juxtaposed to Unemployment. As people lose their jobs, a percentage of them enter the Real estate world.• Boom: Unemployment rate was falling and the number of Realtors rose as well.• Bust: unemployment rose and the number of Realtors fell.• We have now returned to a normally functioning market. As you can see, unemployment is high, but dropping which indicates that our Realtor Subscribers will also drop.