Real Estate Agent numbers jump during massive property boom

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PHOTO: Belinda Moffat says the average age of new real estate agents is 38. Photo / File

Real Estate Authority data also shows a big jump in new approved real estate licences in the second half of last year, up 45 per cent from 846 new licences in the last half of 2019 to 1229 in the last half of 2020.

The increase has continued this year, although not quite so dramatically, with new licences approved up from 324 in January and February last year to 386 in the same period this year.

**Approved new real estate licences have spiked since June 2020. Image / Real Estate Authority**

According to the NZ HERALD Real Estate Authority chief executive Belinda Moffat said the average age of someone applying for a real estate licence was 38 – “which suggests applicants are bringing their skills and experience to real estate after having had careers in other fields”.

“Real estate professionals need to renew their licence every year. Our data indicates that after one year, 21 per cent of new licensees are no longer active, and 33 per cent are no longer active after two years.”