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5.51 million existing homes were sold in 2017, according to data from the National Association of REALTORS®. 612,000 newly constructed(link is external) homes were sold in 2017, according to the U.S. Census Bureau

The Association of Real Estate License Law Officials (ARELLO)(link is external) estimates that there are about 2 million active real estate licensees in the United States.

According to the 2012 Economic Census(link is external), there are 86,004 real estate brokerage firms operating in the United States.

Preliminary results from the U.S. Energy Information Administration’s Commercial Buildings Energy Consumption Survey (CBECS)(link is external) show that there were 5.6 million commercial buildings in the United States in 2012, comprising 87.4 billion square feet of floorspace.

There are approximately 115 million occupied housing units in the United States, according to the 2013 American Housing Survey(link is external). The typical owner-occupied home was built in 1976; the typical renter-occupied home was built in 1973. The typical home size is 1,500 square feet. The typical home owner is 55 years old, and has lived in the current home for 14 years.

65% percent of REALTORS® are licensed as sales agents, 21% hold broker licenses, and 15% hold broker associate licenses.

REALTOR® Demographics

  • The typical REALTOR® is a 54 year old white female who attended college and is a homeowner.
  • 63% of all REALTORS® are female, and the median age of all REALTORS® is 54.
  • Real estate experience of all REALTORS® (median): 10 years
  • Median tenure at present firm (all REALTORS®): 4 years
  • Most REALTORS® worked 40 hours per week in 2017.
  • The median gross income of REALTORS® was $39,800 in 2017, a decrease from $42,500 in 2016.
  • Formal education of REALTORS®:
    • Some college: 30%
    • Bachelor’s degree: 30%
    • Graduate degree and above: 13%
    • Associate degree: 13%
    • Some graduate school: 6%
    • High school graduate: 8%
  • REALTOR® affiliation with firms:
    • Independent contractor: 86%
    • Employee: 5%
    • Other: 9%

Source: NAR

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Domain Name Price: $4,999

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Tomas Korpa, Real Estate & Domain Broker
Tomas Korpa, Real Estate & Domain Broker
+420 777 983 554
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