How Many Realtors Are There? 2023 Update
There are a lot of Realtors in the U.S. and in the greater Portland, Oregon metro where my team is headquartered. Over time, the big story in Realtor numbers was a drop that lingered for years after the real estate crash that started in 2008, then a sharp increase in the number of Realtors every year since 2013 to today (about ten years of significant increases). After 2020, Realtor counts had their biggest ever increases in 2021 and 2022, while the market was red hot. Now as the real estate market is cooling down and prices are dropping, there is a chance the trend of ever-increasing Realtors will stop.
|Number of Realtors in the U.S.||Year||Number going up or down|
|1.48 Million||2021||up (biggest ever increase)|
|1.56 Million||2022||up (biggest ever increase)|
|1.55 Million (forecast)||2023||down?|
Number of Portland Real Estate Agents
Two main official Realtor association groups cover the greater Portland, Oregon metro area. The first and largest is called PMAR or Portland Metro Association of Realtors. The second is called EMAR or East Metro Association of Realtors. These two association numbers have also increased over the last few years with the total number of Portland Realtors going from perhaps 8000 to 10,000 based on estimates from their respective websites.
|Number of Portland, Oregon Realtors||Year|
|Total Portland Realtor Count: 9,299||2022|
Number of Real Estate Agents in Oregon
The Oregon Association of Realtors governs all Realtors within the state and has reported general numbers of their membership roster in years prior. Now NAR is providing exact member role counts within local and state Realtor associations, giving exact membership numbers.
|Number of Oregon Realtors||Year||Number going up or down|
|17,000||2018 – 2020||up|
Portland Accounts for Less than Half the Realtors in Oregon
This is significant as our local MLS, RMLS, does not cover the entire state. There are two other major MLS systems in Oregon Realtors use in order to search for homes for their clients. The MLS also gives showing instructions and shows the Realtors what their commission might be if they bring a buyer (only Oregon licensed Realtors can earn a commission on a sale). So it is important when selling a home in the greater Portland metro (or in my opinion, anywhere in Oregon) that it is listed in all three major Oregon MLS systems.
Largest Non-Franchise Realty Company in the U.S.
Our team is part of eXp Realty, the largest non-franchise Realty company in the world (actually). The Realty company names you would likely recognize are all composed of independently owned and operated offices. This means their Realtors do not have seamless networking access to the rest of the real estate agents within their brand. Our experience with eXp Realty has been incredible, with one-click access to any and all eXp Realty agents in the U.S. and around the world. There is one login for every eXp Realty agent, giving access to all of their networking tools. This has greatly enhanced our ability to connect home buyers and sellers as they move from city to city, state to state, or even country to country.
|Number of eXp Realty Agents||Year||Number going up or down|
Top Portland Realtors
Licensed since 2003, my team has completed over 2,000 local home sales. Our top 1% sellers agents charge 4% max. (includes the buyers agent fee) and excellent marketing. Our top 1% buyers agents have helped hundreds of home buyers find their new home. We’d love to connect with you today! Chat with the bot on this site or give us a call at 503-714-1111.November 21, 2022