Today is International Women's Day, a day to celebrate the social, economic, cultural and political achievement of women around the globe. To mark the occasion, here is a look at women in real estate.
The typical REALTOR® - a real estate professional who is a member of the National Association of REALTORS® - is a 53-year-old white female who attended college and is a homeowner. Female members working in residential real estate are more likely to work in suburban areas and small towns and have a median of 12 years of experience (in 2017).
63 percent of all REALTORS® are female
- Among broker licensees, 58 percent are female
- Among sales agent licensees, 67 percent are female
- Among part-time sales agents, 70 percent are female
- Among full-time sales agents, 64 percent are female
- 13 percent of women in residential real estate worked 60 hours or more in 2017
- 35 percent worked between 20 to 39 hours
- 70 percent of female REALTORS® work exclusively in residential real estate (compared to 45 percent of male members)
- 4 percent of female REALTORS® work exclusively in commercial real estate ( compared to 15 percent of male members)
Among females working in residential real estate:
- 52 percent made less than $50,000 in annual gross income in 2016
- 9 percent made $200,000 or more in annual gross income
- Women in residential real estate had a median of 8 residential transactions
- Women had a median sales transaction volume of $1,866,700 in 2016