Boston condo agent – your vacation is over

How many Boston real estate agents are there?

With the number of sales taking a dive for the next few months – which could turn out to be a few years – we really don’t need as many realtors. Older agents who have been looking for a reason to retire sure have one now, especially if they believe all the gloom-and-doom they’re reading or watching from the media.

In 2000, about 5 million homes changed hands — about the same number as 2022 is shaping up to be.

But in 2000, there were 766,000 realtors in America; in July of 2022, there were 1.6 million realtors!

Boston Condos for sale

So, you’ve decided it’s time to sell or buy a Boston condo. How do you find a reputable and experienced Boston real estate agent to help you? You could go with the agent attached to a property you like or the one showing it at an open house, but how much do you know about that person and their experience?

In our 2022 Real Estate Agent Forecast, we reported that after the 1.4 million record high in 2021, the number of real estate agents is expected to grow to 1.55 million in 2022.

With all these options it can be hard to know where to start. Buying a Boston Back Bay condo or selling a Boston Beacon Hill condo will be one of the biggest financial decisions of your life, we can’t stress enough how important it is to find an experienced real estate agent.

One of the best ways to find a reputable Boston real estate agent is to check Google Reviews

So how many Boston Agents/Brokers, then?

So have you wondered how many real estate agents there are in this fine city of Boston, Massachusetts?

When you type “real estate agents In Boston” into Google, Boston is home to 5,628 individual real estate agents. The next closest city (Quincy) is home to only 934. In fact, if we rank each town and city in Massachusetts by how many real estate agents call it home, we end up with the following top 10:

Total Real Estate Agents by City

Boston 5,628
Quincy 934
Worcester 782
Cambridge 726
Brookline 640
Plymouth 637
Medford 599
Waltham 556
Framingham 537
Newton 529

One way to figure out how many real estate agents there are is to figure out how many licenses were issued in MA. Yes, to be a real estate agent in Boston one must first take classes and pass an exam to obtain an official license This allows you to act as an agent on the behalf of clients in buying and selling Boston real estate.

When it comes to counting the number of licensed real estate agents in Boston, it’s not as easy as it seems. The Mass Real Estate Board doesn’t keep track of where a person hangs their license and conducts business, they just have a list of names and addresses of license holders. Technically, someone living outside the Boston metro area could work as a real estate agent in Boston.. However, we can get an idea at looking MLS. According to MLS, there are just over 8,000 individuals with active real estate licenses in the Boston metro area.

Boston Condo brokers/agents and the bottom line

With so many agents in the Boston Metro area, it’s a competitive environment for those Boston real estate brokers/agents who want to succeed. With mobile technologies and plenty of job options, it makes it easy and tempting for new agents to enter this field. However, successful agents must do more than show properties and accept listings. One of the most important factors is that buyers and sellers can find you on Google for key search terms. My team, with our webmaster, is working to overcome this important obstacle. Stay tuned.

Give me a call if you’d like to be part of my 3-person team, located in the heart of Boston Beacon Hill at 137 Charles Street.