Economists' Outlook

Housing stats and analysis from NAR's research experts.

Recognizing REALTORS® on Labor Day

Looking at data from the 2019 Member Profile we recognize REALTORS® for their hard work and successes this Labor Day.

  • Sixty-eight percent of REALTORS® are licensed as sales agents, 20% as brokers, 14% as broker associates, and 2% as appraisers.
  • The majority of REALTORS® specialize in residential brokerage at 71%, with commercial brokerage making up 2%.
  • The typical member has been in the real estate industry for a median of eight years, and has been at their present firm for a median of four years.
  • Ninety-four percent of REALTORS® were certain that they will remain active as a real estate professional during the next two years.
  • In 2018, the typical member had a median of 11 transactions, and a median sales volume of $1.9 million.
  • REALTORS® worked a median of 35 hours per week in 2018, with 49% working 40 or more hours per week.
  • Only four percent of members cite real estate as their first career, prior full-time careers include:
    • Management/Business/Financial: 16%
    • Sales/Retail: 15%
    • Office/Admin support: 9%
    • Education: 7%
    • Healthcare: 6%
    • Homemaker: 4%
  • For 72% of REALTORS® real estate is their only occupation. This percentage increases with experience. Eighty-two percent of members with 16 years or more of experience cited real estate as their only occupation.

View the Labor Day infographic and find out more about REALTORS® in the 2019 Member Profile.