Including home buying and selling, commercial, international, NAR member information, and technology. Use the data to improve your business through knowledge of the latest trends and statistics.
Stay current on industry issues with daily news from NAR. Network with other professionals, attend a seminar, and keep up with industry trends through events hosted by NAR.
Including home buying and selling, commercial, international, NAR member information, and technology. Use the data to improve your business through knowledge of the latest trends and statistics.
Stay current on industry issues with daily news from NAR. Network with other professionals, attend a seminar, and keep up with industry trends through events hosted by NAR.
The majority of NAR members work on a commission basis—89 percent.
The most common compensation structure for members is a commission split. Commission split shares vary substantially based on the years of experience in the field as well as the REALTOR’s gross personal income.
Those with gross personal incomes less than $10,000 typically had a year-starting commission split of 58 percent, which increased to 60 percent at year-end. Those with the highest gross personal income of $150,000 and more had a year-starting commission split of 80 percent that increased to 90 percent at year-end.
Members who are new to the business with two years or less experience had a year-starting commission split of 51 percent and a year-end commission split of 55 percent. Those with 16 years or more experience had a year-starting commission split of 70 percent and a year-end commission split of 75 percent.
For more information on the Member Profile, click here.