Field Guide to REALTOR® Income
(Updated May 2008)
How much does the typical REALTOR® earn in a year? The material listed here includes research studies from NAR's Research division, reader surveys by REALTOR® Magazine, and other sources offering details about the income of agents and brokers and what determines how much they make. (F. Heller, Manager, Virtual Library & Archives)
Contents:
Median Gross Personal Income of REALTORS® | Articles and Surveys from NAR | Other Studies on REALTOR® Income | eBooks & Other Resources
Median Gross Personal Income of REALTORS®
|
YEAR |
Brokers/ |
Sales |
ALL REALTORS® |
|
2008 |
$65,200 |
$31,000 |
$42,600 |
|
2006 |
$73,800 |
$34,600 |
$47,700 |
|
2004 |
$58,800 |
$37,600 |
$49,300 |
Source: The 2008 National Association of REALTORS® Member Profile, (NAR - Research, 2008).
Articles & Surveys from NAR
REALTORS® Increasing Professionalism, Survey Shows, (NAR News Release, May 14, 2008).
REALTOR® income dips as newbies flood business, (REALTOR® Magazine Daily Real Estate News, May 10, 2007).
Rookies work more, earn less, (REALTOR® Magazine Online Exclusives, 2005).
Income and expenses: Size up your earnings, (REALTOR® Magazine, Feb. 2004).
Seventh annual business income-and-expense survey; Making it all add up; Pressure on commission rates keeps income from growing in record sales year, (REALTOR® Magazine, June 2002).
Is your piggy bank happy? Sixth annual business income and expense survey, (REALTOR® Magazine, Aug. 2001).
Where are you in the money game? REALTOR® Magazine's 5th annual business income and expense survey, (REALTOR® Magazine, Sept. 2000).
Other Studies on REALTOR® Income 
Real Estate Brokers and Sales Agents, (U.S. Department of Labor, 2007).
Listing specialization and residential real estate licensee income, (Journal of Real Estate Research, January-March 2007, Vol. 29, No. 1). Q
The impact of information technology on real estate licensee income, (Journal of Real Estate Practice and Education, 2002).
U.S. real estate agent income and commercial/investment activities, (Journal of Real Estate Research, May/June 2001).
Determinants of real estate licensee income, (Journal of Real Estate Research, 1997). Q
eBooks & Other Resources
eBooks.realtor.org
The following ebooks and digital audiobooks are available to NAR members:
THE 2003 NATIONAL ASSOCIATION OF REALTORS® MEMBER PROFILE (Adobe eReader)
Field Guides & More
These Field Guides and other resources in the Virtual Library may also be of interest:
Field Guide to Compensation Plans for Real Estate Agents
>> Have an idea for a new Field Guide? Click here to send us your suggestions!
The inclusion of links on this Field Guide does not imply endorsement by the National Association of REALTORS®. NAR makes no representations about whether the content of any external sites which may be linked to this Field Guide complies with state or federal laws or regulations or with applicable NAR policies. These links are provided for your convenience only and you rely on them at your own risk.
