How many realtors are there in the United States?

How many agents are in the US?

The number of members of the National Association of Realtors (NAR) has steadily increased since 2012, reaching a membership of 1.46 million in 2020, an all-time high.

Characteristic Number of members in millions
2020 1.46
2019 1.4
2018 1.36
2017 1.31

What is the average age of a real estate agent?

Age: The average age is 44 years (compared to the average of 40 years). Gender: 50% of workers are female (compared to the average of 48%).

How are Realtors so rich?

There are two primary ways for real estate agents to get rich. The first way is to build a business with value that can be sold for an attractive price. The second way is to focus on converting commission income into wealth. … To get rich, you must consistently and proactively turn commission income into wealth.

How many homes were sold in the US in 2021?

In 2020, there were 6.5 million homes sold in the U.S. and this figure was projected to increase to 7.1 million by 2021.

Who is the richest realtor?

Top Real Estate Billionaires in the World

  • Sam Zell. Net Worth: $4.8 billion. …
  • Stephen Ross. Net Worth: $7.6 billion. …
  • Sun Hongbin. Net Worth: $9.2 billion. …
  • Donald Bren. Net Worth: $17 billion. …
  • David & Simon Reuben. Net Worth: $16 – $18 billion.
IT IS IMPORTANT:  How do I practice real estate scripts?

Why do realtors quit?

Most new real estate agents quit their first year because of the emotional toll of “fear of failure” and rejection. Nobody likes to feel rejected. Rejection is part of the job but remember that people are not rejecting you. They are rejecting the notion of buying or selling at that time.

Who is the highest paid real estate agent?

Worth area, worth $1.384 billion. Ben Caballero, a current Guinness World Record title holder and No. 1-ranked real estate agent in the U.S., set a new record for home sales in Dallas-Ft. Worth last year.

Are real estate agents in demand?

Job Outlook

Overall employment of real estate brokers and sales agents is projected to grow 4 percent from 2020 to 2030, slower than the average for all occupations.

What is the salary for real estate agents?

The median annual pay for real estate agents was $48,930 in 2019, according to the most recent data available from the U.S Bureau of Labor Statistics.

What percent of Realtors are black?

A New Program Aims to Increase the Number of Black Real Estate Agents in the USA. According to the latest data from the U.S. Census Bureau, fewer than 6 percent of all real estate professionals are Black, compared to 74.6 percent who are White and 8.79 percent who are Hispanic.