Author Archive

How Seller Sold Home, 1991-2013

The share of home sellers who sold their home without the assistance of a real estate agent was nine percent. Of that nine percent, forty percent knew the buyer prior to home purchase. Eighty-eight percent of sellers were assisted...

Where Do Buyers and Sellers Find Their Agent?

According to data found in NAR’s annual Profile of Home Buyers and Sellers, home buyers and sellers consistently report they truly rely on referrals from friends and family to find an agent or they use an agent they had...

Characteristics of Home Buyers

The characteristics of home buyers has changed, likely due to tightened credit conditions. There is a higher share of married couples and a suppressed level of single buyers. There is also a lower than historical share of first-time buyers,...

2013 Member Profile: Age of Members

The median age of REALTORS® continued its climb since 2007, and is now 57-years-old. In past years, median age hovered around 52. The incremental increase in age may be attributed to professionals staying in real estate longer and putting...

2013 Member Profile: Prior Full Time Careers of REALTORS®

NAR members come from diverse backgrounds, with prior careers in many fields. The most common past job was in management, business, or the financial sector, followed by sales or retail. Other common previous careers were office and admin support...