Economists' Outlook

Housing stats and analysis from NAR's research experts.

REALTORS®’ Largest Expense: Business Use of Vehicle

  • REALTOR business expenses have been nearly cut in half in the last six years. In 2004, members were typically spending $8,210 on business expenses. In 2010, business expenses have dropped to $4,270.
  • The largest expense is business use of vehicle, which rose last year with rising gas prices. The typical member spent $1,680 on business use of their vehicle. Administrative expenses also rose slightly in 2010 to $720.
  • All other expenses dropped from 2009 to 2010 including, affinity/referral, marketing of services, office lease/building expenses, professional development, business promotion, and technology products and services.
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