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In June of 2010 there were 333,330 people with California real estate salesperson licenses. That is down 33,370 (9.1%) from June of 2009; down 56,331 (14%) from June of 2008.
When the real estate market in California is HOT, the number of people taking the California real estate salesperson's examination shoots up. Many of those people are not serious about a long term career in real estate, but opportunists trying to take advantage of a good market.
There is something to the notion that it is best to start when the market is slow; since it will get better. Agents who are established can take advantage of the inevitable rise in the real estate business.
