2009 NAR Member Profile Highlights Part 3

Income and Expenses of Realtors

As part of their “Right Tools, Right Now” campaign, NAR is offering the 2009 NAR Member Profile free to Realtors. If you have the time, take a look. If you’re short on time, here is the third of several highlights from the report:



Highlights:

  • - Median gross income for Realtors fell 14%.
  • - Brokers who were not involved in sales and managers generally earned the highest income.
  • - Higher earning Realtors more frequently have a website, hold at least one designation, have been at their firm longer, and frequently have a bachelor’s degree or higher.
  • - 70% of Realtors are compensated on a percentage split
  • - 17% of Realtors are on a 100% commission arrangement


2009 NAR Realtor Realtor Business Expenses Chart

Image Source: My Single Property Websites Data Source: 2009 NAR Member Profile



Annual Income of Realtors in 2008 (Gross Income Before Taxes):

  • - Less than $10,000: 22% of Realtors
  • - $10,000 to $24,99: 17%
  • - $25,000 to $34,999: 10%
  • - $35,000 to $49,999: 13%
  • - $50,000 to $74,999: 13%
  • - $75,000 to $99,999: 9%
  • - $100,000 to $149,999: 8%
  • - $150,000 to $199,999: 3%
  • - $200,000 to $249,999: 2%
  • - $250,000 or more: 3%


  • The median income for a Realtor in 2008 was $36,700, down from $42,600 in 2007.


    Total Real Estate Expenses in 2008:

    • - Less than $500: 3% of Realtors
    • - $500 to $999: 6%
    • - $1,000 to $2,499: 17%
    • - $2,500 to $4,999: 19%
    • - $5,000 to $9,999: 16%
    • - $10,000 to $19,999: 15%
    • - $20,000 to $29,999: 9%
    • - $30,000 to $49,999: 7%
    • - $50,000 to $99,999: 3%
    • - $100,000 or more: 2%


    The median amount for business expenses for a Realtor in 2008 was $5,810.



    Click here to read the first part of our 2009 NAR Member Profile Review: Characteristics of Realtors



    Try the Best Single Property Websites free!

    Free Preview Trial for your next listing presentation, you don't pay until you win!

    2009 NAR Member Profile Review Part 1: Characteristics of Realtors

    Part 1 of our highlights and analysis of the 2009 National Association of Realtors Member Profile.

    Real Estate Marketing Blog

    Visit our main real estate blog for tons of additional articles and reviews.

    Tips for Making an Effective Property Site

    Some tips and tricks to help you make the most of your property site.





Single Property Websites | Login | Real estate marketing blog