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| Gaining Steam: REALTOR® Business Keeps Rolling In |
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2016 was a good year to be a REALTOR®. REALTOR® incomes grew 8 percent in 2016, boosted by a higher transaction count than in 2015, according to the latest National Association of REALTORS® (NAR) Member Profile. The median REALTOR® income last year was $42,500, up from $39,200 in 2015, while the median gross income in REALTOR® households was $111,400, up from $98,300. Earnings ran the gamut: 24 percent of REALTORS® made more than $100,000, but another 24 percent made less than $10,000. "The return of pre-recession market levels and rising home sales and prices have led to increased business activity among REALTORS® and an increase in REALTOR® membership," says Lawrence Yun, chief economist at NAR. ...
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