What Percentage of Agents are Investors?

Subscribe to What Percentage of Agents are Investors? 9 posts, 8 voices

 
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luisest writes, Apr 12, 2008: (6 posts)

Something I’ve always been curious about. Do most agents practice what they preach? What percentage of agents invest in real estate?

  • 50%
  • 75%
  • 90%
  • or less

I would love to hear opinions.

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sfreiclub writes, Apr 15, 2008: (3 posts)

Thats a good question. Hard to answer. My guess would be that 80-90% own a home, 60% own multiple properties.

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My Condo Spot writes, Apr 23, 2008: (1 post)

50%, probably only because of the time and investment involved combined with being an agent and handling clients can probably be time consuming. Just my humble opinion though

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AussieRodney writes, Apr 23, 2008: (6 posts)

I’d go even less, for the same reasons. Most of the agents I have dealt with never mention investing, because they are so caught up with selling me the property, although some of them are starting to realise that investors are becoming a much larger proportion of the potential buyers.

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sfreiclub writes, Apr 25, 2008: (3 posts)

I think agents are becoming more aware of the value in connecting with investors. Perhaps thats why so many of the members here are agents…

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ryan writes, Apr 30, 2008: (22 posts)

came across some stats today online for REALTORS

  • +39% of REALTORS own at least one residential property other than their primary residence.
  • +13% own three or more
  • +17% of REALTORS own at least one vacation home.
  • +11% of REALTORS own at least one commercial property.

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kyle writes, May 8, 2008: (4 posts)

I would have guessed it would be more. Practice what you preach!

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RyanAssist writes, May 16, 2008: (2 posts)

I would guess the number would have been lower. Very few agents I know invest in Real Estate. A wise man once told me, you don’t make money selling it, you make your money owning it. Never forgot what he said.

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wolsen3129 writes, Jun 19, 2008: (5 posts)

Well, I’m an agent and currently working to get my brokers license, but I am an investor. I have been since a year after I started in real estate. Been in the business now for 8 years. I currently own 15 properties. But yes I know of very few agents and even brokers who invest. I don’t know why. Must be a fear factor or lack of knowledge. I’ve come across many agents who should not be in the business.