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40+ Real Estate Statistics To Keep On Top Of Your Head!
40+ Real Estate Statistics To Keep On Top Of Your Head!
We've recently come across this great article that compiled a ton of real estate statistics that'll be good to know. Not only are these absolutely incredible for making a good impression on prospective clients, knowledge of these statistics help in standing out from the pack as real estate experts. Here's forty of our favorite real estate statistics.
1. Women make up more than 63% of Realtors.
2. There are only 43% of Realtors who have completed a bachelor’s degree or higher.
3. The median age for US Realtors is 54.
4. The average Realtor receives at least 30% of their business from repeat clients or referrals.
5. Realtors who have had their license for a year or less make up 20%.
6. Realtors specializing in residential real estate are at 71%.
7. Technology is the biggest challenge most agents face based on 45% of brokers report.
8. Realtors earning at least $100,000 in gross commission income are using advanced technology tools like a CRM more than twice as likely than agents who earn less.
9. Real estate agents working between 21 and 39 hours a week have an average income of $46,458.
10. On the other hand, real estate agents working ... more

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