Many Realtors Broke, Lost, and Camera-less

The National Association of Realtors (NAR) just put out their 2008 Member Profile, a survey of their more than 1.2 million members. As usual, there are some interesting stats:

- 2007 median income for a Realtor was $42,600.

- 2007 median income for a Realtor with 2 or less years in the business was $10,500 (ouch).

- Median transaction sides (closings) for 2007 was 8.

- 5% of members are also involved in mortgage brokerage (yikes!).

- Only 5% of Realtors choose real estate as their first career (duh).

- 60% have a personal website (hmm...).

- Only 27% own a digital camera (wt...?).

- Only 19% own a GPS device (the other 81% are still lost somewhere in Karns).

And because it's NAR, you have to pay for the privelige of reading the full report - $125 to be exact. If you don't feel like ponying up that kind of cash, you can read a lot of the highlights here.