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Quick Answer: According to the State of Georgia Real Estate Commission as of March 2024, there are more than 86,356 active real estate agents and brokers working in Georgia.
As of March 2024, there were more than 86,356 active licensed real estate agents and brokers. That includes more than 66,400 active licensed real estate salespeople and nearly 20,000 active licensed brokers. If you include the licensed salespeople and brokers who are currently inactive, Georgia has more than 103,000 licensed real estate agents.
In this article, we’ll take a deeper dive into the statistics, discuss why it’s a great time to become a real estate agent in Georgia, and provide tips on how you can stand out from other Georgia agents.
According to data from the Bureau of Labor Statistics (BLS), as of May 2023, there were only 6,550 real estate sales agents employed in Georgia. However, this number includes only agents who were employed by others, not those who were self-employed. A large majority of real estate agents are, in fact, self-employed. For example, approximately 87% of the members of the National Association of REALTORS® (NAR) are self-employed independent contractors.
The Georgia Real Estate Commission (GREC) reported that as of March 1, 2024, there were 66,404 active licensed real estate salespersons in the state and an additional 14,401 who were inactive. The Commission continues to issue new licenses at a brisk rate. In fiscal year 2024, it issued an average of 430 new licenses every month for Georgia real estate sales agents, brokers, and firms.
Real estate brokers are real estate agents who have taken additional training and fulfilled additional licensing requirements, so there are fewer brokers than agents. The GREC statistics show there were 19,952 active licensed real estate brokers in Georgia as of March 1, 2024. There were an additional 2,687 licensed brokers in the state who were inactive at that time.
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Some real estate sales agents and brokers choose to fulfill the requirements to become REALTORS. Out of the 86,356 active licensed sales agents and brokers in Georgia, just over 47,000 are REALTORS. That’s a little more than half of all the state’s sales agents and brokers.
The Atlanta REALTORS® Association is the largest real estate association in Georgia, with more than 14,000 members. There are more than 2,700 members of Greater Chattanooga REALTORS®, and Savannah Area REALTORS® has about 2,400 members. There are many more of these associations in Georgia, and real estate agents can be found throughout the state.
Georgia is one of the top states in the country for doing business, according to a CNBC study. In addition to the great overall business climate, the state’s housing market is resilient. The number of new listings, the median sales price, and the average sales price of Georgia homes have all been rising. There are a lot of opportunities for real estate agents to close sales in Georgia, and that’s always a good thing for people in the industry.
There may be a lot of other real estate agents in Georgia, but they don’t have what you have — you! There are a lot of ways you can make yourself stand out in the crowd. Start by considering these three ideas.
Get familiar with PropTech. Every day, more PropTech tools are being released that can give you an edge and make you even more valuable to clients.
Become familiar with green building and energy efficiency features. Across the country, including Georgia, there’s a growing demand for homes that are efficient.
Create an “own a home” packet for renters. In Georgia, 34.5% of households live in rental units. Many renters want to make the transition to owning a home, but home prices are increasing and some markets are very competitive. Creating an informational packet or online program that walks renters through the steps of purchasing a home and how to save money in the process will really make you stand out.
Georgia real estate agents enjoy working in some of the best markets in the country. Sign up for the online Georgia real estate course to get one step closer to being a licensed agent!