Are Real Estate Industry Incomes on the Rise?

Are Real Estate Incomes on the Rise?

According to the National Association of REALTORS® (NAR) they are, indeed. NAR's Chief Economist Lawrence Yun believes REALTORS® could see a 13 percent increase in their income this year over last year.   

See full projections provided by NAR at http://realtormag.realtor.org/daily-news/2012/07/06/real-estate-incomes-rise. 

Compare U.S. Department of Labor Figures

Actually, NAR's stats, for its members, are not too far off stats for real estate professionals industry-wide. See info provided by the Bureau of Labor Statistics, U.S. Department of Labor at http://www.bls.gov/ooh/Sales/Real-estate-brokers-and-sales-agents.htm.

(Sources:  REALTOR® Magazine; Occupational Outlook Handbook, 2012-13 Edition, Real Estate Brokers and Sales Agents)

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