Las Vegas prices leveled off about a year before Phoenix. So, is this what Arizona will see next year, a shakeout of real estate agents? Yes.

But since July, nearly 20 percent of the valley’s real estate agents have given up, not bothering to spend $300 to renew their licenses, according to figures released this week by the Nevada Real Estate Division.

I suspect many housing bubble types will feel glee over this news even though it will bring a lot of pain to many families.

Real estate sales “seemed like a good opportunity to be your own boss and set your own schedule, but with the market slowing down, you are a slave to the job,” she said.

“A lot of people think the real estate profession is an easy job, but it’s one of the hardest they’ve ever had. It is literally a 14 to 16 hours, seven-day-a-week job.