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| NAR: 6 Percent Bump in Memberships, With Diverse Entrants |
| By Suzanne De Vita |
Membership in the National Association of REALTORS® (NAR)—which, for agents and brokers, denotes higher standards than what is required by their respective states—has increased in the last year, from 1.22 million to 1.3 million, according to the 2018 NAR Member Profile. Entrants to the industry prompted the rise, with 29 percent of members having less than two years of experience in real estate, up from 28 percent last year. Experience and incomes are linked: REALTORS® with 16 years or more in the business earned $78,850, while those with two years or less in the industry made $8,330—the latter $600 less than in 2016. "While inventory shortages continue and home ...
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(TNS)—Not knowing your mortgage rate can be an expensive mistake, especially in this rising interest rate market.
