I have a few interesting statistics about Realtor demographics that I want to share with you today.
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Today, I want to share some interesting statistics that relate to Realtor demographics.
First of all, a Realtor is a licensed real estate professional who actually joins the National Association of Realtors and takes an oath of ethics with regard to the practice of their real estate dealings with the general public.
Statistically, 65% of Realtors are licensed sales agents, 22% have a broker's license, and another 15% have a broker associate license.
The typical Realtor is a 53-year-old white female who attended college and is a homeowner. In fact, 63% of all Realtors are female, and the median age of Realtors happens to be 53 as well.
The median experience of Realtors is 10 years in the business and four years for the average agent in a given firm.
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Most agents worked 40 hours in 2016 with a median gross income of $42,500, which was an increase from $39,250 in 2015.
Most agents worked 40 hours in 2016 with a median gross income of $42,500.
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When it comes to formal education, 31% of Realtors have some college, 31% have bachelor's degrees, and 13% hold a graduate degree or higher. Just 12% have an associates degree, 6% have some high school, and 7% are high school graduates.
When it comes to Realtor affiliation with firms, 86% are independent contractors, 5% are employees, and 9% are “other.”
That about sums it up for the Realtor statistics we wanted to share with you today. If you have any questions about the benefits of working with a Realtor versus working with a licensed professional who happens to not be a Realtor, just give us a call or check out www.HomesAreUs.com. We would be happy to help you!
