AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Despite booming market, Colorado lost 1,185 agents in three years
THE NUMBER of real estate agents selling properties in Colorado fell by 1,185 during the past three years, despite the area's booming market.
At the same time, the number of completed complaints against agents rose 37.4 percent, perhaps reflecting lack of training and greater consumer activism.
Data compiled by the Colorado Real Estate Commission reveals that the number of agents dropped 5 percent to 23,337 in 1994 from 24,422 in 1991.
Real estate insiders attribute the decline to transitory agents out for a quick buck. When the market for real estate is hot, a number of people decide …