Most Realtors Suck and the STATS to prove it.

[James Wise]

It's a daily occurrence that somebody creates a thread here on BP talking about how bad their Realtor is, and how Agents all suck etc....

Myself, I'm licensed and have sold over $200 Million, so it's a fair assessment that I myself do not suck. However, does this ring true for the rest of the real estate industry? It's widely known that over 80% of agents fail in their 1st two years in the business. That state alone backs up the notion that most agents do indeed suck. What about the ones who don't fail though? What does the average agent look like? Does the average agent suck?

NAR Membership Statistics

Members to date: 1,383,010 as of July 2019

Number of local associations: 1,148 as of January 2019

Source: Monthly Membership Report and NAR Membership Statistics, 1908-present

REALTOR® Demographics

• 68% percent of REALTORS® are licensed as sales agents, 20% hold broker licenses, and 14% hold broker associate licenses.
• The typical REALTOR® is a 54-year-old white female who attended college and is a homeowner.
• 67% of all REALTORS® are female, and the median age of all REALTORS® is 52.
• Real-estate experience of all REALTORS® (median): 8 years
• Median tenure at present firm (all REALTORS®): 4 years
• Most REALTORS® worked 35 hours per week in 2018.
• The median gross income of REALTORS® was $41,800 in 2018, an increase from $39,800 in 2017.
• Median number of transaction sides in 2018:
  • Residential sides for all REALTORS®: 11
  • Residential sides for residential specialists only: 12
  • Residential sides for commercial specialists only: 4
  • Commercial sides for commercial specialists only: 4
• Formal education of REALTORS®:
  • Some college: 30%
  • Bachelor's degree: 31%
  • Graduate degree and above: 13%
  • Associate degree: 13%
  • Some graduate school: 6%
  • High-school graduate: 8%
• REALTOR® affiliation with firms:
  • Independent contractor: 87%
  • Employee: 5%
  • Other: 8%