Who is a Typical Realtor?

What makes a Typical Realtor?  The National Association of Realtors  (NAR), just published a 2014 Member Profile Report.    The "Typical Realtor":  Has a Median Gross Income of $47,700

    Sales Volume:  %1.8 Million

Transactions: 12

What types of Transactions? :  Forty-six % of residential brokerage specialists had a transaction involving a foreclosure and 42% had a transaction involving  a short sale.  Twenty-two % of residential brokerage specialists had at least one commercial transaction side in the last year.

How are Agents Finding Clients?   The typical REALTOR earned 21% of their business from repeat clients and customers and 21% through referrals from past clients and customers.

Potential Transaction Roadblock:  For the first time, the difficulty finding the right property has surpassed the difficulty in obtaining mortgage financing as the most cited reason for potential clients being limited.

How Are Agents Running Their Business?

78% specialize in residential brokerage

78% said real estate is their only occupation

69% have a website, and61% use social media

82% are certain they will remain in the business for two more years

Visit us at www.agentrising.com for more realtor information.