Real estate market saturation
I am considering getting my license to be an agent and had a discussion with a local agent who’s has been in the game for 25 years. He told me that there are currently about 500 agents in a region of southeast Idaho with currently and average of 150 listings. My questions are, is there a way of determining if a market is saturated with too many agents. Obviously 150 listings for 500 agents seems slim but I know that technically every agent is not a full time agent? I am aware of the grind a person has to go through for the first year when being an agent but if the market is super saturated, then the deck might be really stacked against me. Hopes this makes sense, thanks! Jonathan