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NAR Member Profile Provides Baseline on REALTORS

realtor-logo [1]National Association of REALTORS’ Demographics

The 2009 National Association of REALTORS’ (NAR) 84 page Member Profile indicates that:
 
82% of REALTORS specialize in residential real estate

60% of all REALTORS are female

Years of experience for a REALTOR averages 10 years

The average age of REALTORS is 54 years old

This is the primary sole occupation for 75% of REALTORS

Real estate is the primary source of income for less than 50% of REALTORS surveyed

Median gross income of REALTORS fell to $36,700 in 2008 (Down 14% from 2008)

Median gross income of REALTORS with <= 2 years experience was $8,600

Median gross income of REALTORS with >= 16 years experience was $53,900

9% of REALTORS grossed over $200,000 in 2009

40% of REALTORS closed at least one property in foreclosure

60% of REALTORS have a website an average of 5 years old

Over 33% of REALTORS use social networking

17% of REALTORS regularly use blogs, podcasts and RSS feeds

25% of REALTORS have spent > 11 years with their current brokerage

12% of REALTORS worked for a firm that was merged or acquired in the past 24 months

35% of REALTORS hold a minimum of one professional designation

20% hold GRI (Graduate, Realtor Institute)

13% hold ABR (Accredited Buyer Representative)

10% hold CRS (Certified Residential Specialist)

5% hold SRES (Seniors Real Estate Specialist)

16% of REALTORS hold a specialized training certification

25% of REALTORS belong to one or more affiliated councils or institutes

11% belong to CRS (Council of Residential Specialists)

10% belong to REBAC (Real Estate Buyer’s Agent Council)

4% belong to WCR (Women’s Council of Realtors)

3% belong to CREB (Council of Real Estate Brokerage Managers)

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