The Future Looks Bright for Real Estate Firms but Challenges Remain

The economy and job market are slowly improving after the turmoil of the last few years; existing-home sales have been on the rise, first-time buyers are looking for ways to break into the market and home prices have continued creeping up. Another promising sign comes from the National Association of REALTORS® 2015 Profile of Real Estate Firms, which reports that 44 percent of firms are actively recruiting sales agents in 2015, and 68 percent of firms expect profitability (net income) from all restate activities to increase over the next year. And while this is good news, challenges still remain for real estate firms—keeping up with technology, maintaining sufficient inventory, and local or regional economic conditions, to name a few.

Story Springboard

Review NAR’s 2015 Profile of Real Estate Firms and an infographic displaying highlights of the report. Talk to firms or REALTORS® in your area to get their perspective on the future of real estate firms.

Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.