Sometimes, before someone registers for class, they ask me if there are already too many real estate agents in Florida. What they really want to know is “Is there room for me to break into this field? Or is the field already saturated?”
There are a lot of people in the real estate industry, for sure. But there is still plenty of room for you. The Orlando Business Journal publishes a list of the top real estate agents each year. The best agent in Central Florida sold 1,324 houses last year. Their gross volume was $471,220,000. That person has less than 1% of the market share. There were thousands of other people working in the industry as well making a good living.
So there are already a lot of agents, but we are talking about an area where more than 30,000 houses were sold last year. You couldn’t sell that many if you want to.
This is a field where you just need a small sliver of the pie to make a very good living. It is also a field where there is a lot of dead weight. What I mean by that is that there are plenty of agents who sell 1-2 houses a year, sometimes even no houses. These people are not your competitors.
Go ahead and get your real estate license and start your new career today.
Please note that I have no affiliation with Climer School of Real Estate or Gold Coast Schools. My father, Ron Climer, owned Climer School of Real Estate until 2014. He sold it and it was eventually purchased by Gold Coast Schools, which is owned by Colibri. I own Demetree School of Real Estate, which is a small business.