All about you: NAR’s membership profile
NAR’s 2012 membership profile is out, and it’s full of interesting stuff about, well, you.
For the first time since 2002, member income was up — in 2011 it increased 2.3% from the year before to $34,900.
While (by definition) half of you earn less than $35K per year, 17% earn $100K or more.
One reason the number isn’t higher: Only about a third hold any kind of designation or certification. (Realtors who have even one typically earn a heck of a lot more than those with none. Shameless plug: Consider getting your GRI.)
Let’s see… what else is there?
- The median Realtor age is 56; it was 52 back in 1998.
- Half of Realtors have been with their current firm at least five years.
- There are fewer new Realtors out there — most (53%) have at least 11 years of experience, and the typical sales agent has nine years.
- Broker-owners, meanwhile, typically have 25 years in the biz.
- More than three-quarters consider real estate to be their only occupation, but that’s down from 2005 when about 81% did.