Happy Labor Day to our members, who are long overdue for a break! According to the latest Member Profile, the median number of hours worked by a NAR member is 40 hours a week (meaning half work MORE than 40 hours a week), with managers and appraisers often working even longer hours—a median of 50 hours a week.
77 percent of our members say real estate is their only occupation, while 22 percent work a second job on top of being a REALTOR®.
Additionally, many of our members have children at home, with the typical household being three people for those who are under 50 years old.
I hope all our members enjoy the long weekend and try not work too hard!
Jessica Lautz is the Managing Director of Survey Research and Communications. Jessica analyzes data and writes annual studies such as the Member Profile, the Profile of Home Buyers and Sellers, and the Commercial Member Profile.