According to a new study from the National Association of REALTORS®, NAR membership has increased from 1.22 million in March 2017 to 1.30 million in April of 2018. Younger Americans entering the industry have driven this increase – the study found that 29 percent of REALTORS® have less than two years of experience. NAR Chief Economist Lawrence Yun credits younger agents with realizing the business opportunities that a career in real estate offers.
Read NAR’s 2018 National Association of REALTORS® Member Profile for more information on the changing demographics and business practice of members of the National Association of REALTORS®. Speak with someone considering entering the real estate industry about what interests him or her about a career in real estate. Ask REALTORS® in your community if they have seen any major changes in the demographics of their colleagues.