Economists' Outlook

Housing stats and analysis from NAR's research experts.

2013 Firm Survey: Benefits, Education, and Training

  • The most common benefit that firms offer to independent contractors, licensees, agents is errors and omissions/liability insurance at 79 percent.
  • Firms reported that 72 percent of their staff has academic degrees.
  • Thirty percent of firms report that all of their employees have a designation or certification in real estate.
  • Firms typically require 21 hours of training for new sales agents, 12 hours of training for experienced sales agents, and two hours of training for other staff.
  • For more on the 2013 Firm Survey, click here.

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Housing Minute is a monthly video series highlighting the latest housing data from the National Association of REALTORS® in a minute or less.