By the time this comes out the real estate industry will be working under new guidelines agreed to in the NAR (and REIN) Lawsuit settlements. No more mention of selling agent offers of commission in the MLS and NAR mandated buyer broker agreements … [Read more...]
WORKING HARD IS IMPORTANT NOW
Hard work has always been essential to having success in the Real Estate business but it has never been more important than Right Now! Every deal out there is hard to find and complicated to get to closing. There is no free lunch in the current … [Read more...]
TIME TO GIVE THANKS!
This is the time of year we all should be thinking about how lucky we are to live in America and work in an industry with unlimited potential. I know it has been a rough year for many of you but success is always just around the corner when you have … [Read more...]
Personal Income
In each Economic Update, the Research staff analyzes recently released economic indicators and addresses what these indicators mean for REALTORS® and their clients. Today’s update discusses personal income. Personal income, measuring the income of … [Read more...]
Income Growth
Economic expansion, though still sluggish, means more jobs and higher income generation. But as with many economic variables, there are distinct variations as to where the incomes are rising and not rising. The ultra-loose monetary policy has … [Read more...]
REALTOR® Member Age, Income and Experience
Income is typically commensurate with experience. As REALTORS® gain experience and a larger network of referrals and previous clients, their income generally rises. REALTORS® with 16 years or more experience had a median gross income of $50,200 … [Read more...]