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The typical Realtor has 11 years of experience

Did you know that the majority of all Realtors have at least six years of experience? The National Association of Realtors surveyed members, unveiling experience levels of its members.





Realtor experience levels vary

According to the National Association of Realtors (NAR), the typical Realtor has 11 years of experience in real estate, down from 12 years in the 2011 survey. Brokers who do not sell typically had the most experience at 25 years, while sales agents were typically the newest to the field with nine years of experience.

The NAR reports that 42 percent of Realtors earned between 50 and 100 percent of their income from their primary real estate specialty, similar to what was earned the year prior. Those who worked more hours and those with more experience were also more likely to depend entirely on their real estate specialty.

Stats about experience levels

  • 80 percent of Realtors have been practicing for six years or more
  • Broker-owners that sell property have a median of 20 years of experience
  • Broker-owners that don’t sell property have a median of 25 years of experience
  • The largest segment (25 percent) of Associate Brokers is Realtors with six to 10 years of experience
  • Only 17 percent of Managers that don’t sell have less than six years of experience
  • Fully 92 percent of Managers that sell have six or more years of experience
  • Roughly one in three Sales Agents have less than six years of experience

The NAR outlines the common roles for Realtors dependent upon their years of experience:

  • The most common role for a Realtor with zero to two years of experience is Sales Agent
  • The most common roles for a Realtor with three to five years of experience is Sales Agent or Manager (without selling)
  • The most common role for a Realtor with six to 10 years of experience is Associate Broker
  • The most common role for a Realtor with 11 to 15 years of experience is Manager (with selling)
  • The most common role for a Realtor with 16 to 25 years of experience is Manager (without selling)
  • The most common role for a Realtor with 26 to 39 years of experience is Broker-Owner (without selling)
  • The most common role for a Realtor with 40+ years of experience is Broker-Owner (without selling)

There are some misconceptions about the industry, but these stats could clear up some misinformation, particularly with the fact that most Realtors are quite experienced. Could this be because the survival rate in the first few years is low, or because during the recession and housing crash, joining the Realtor ranks as a new agent hasn’t been exactly appealing? [/span10][/row]

Tara Steele is the News Director at The American Genius, covering entrepreneur, real estate, technology news and everything in between. If you'd like to reach Tara with a question, comment, press release or hot news tip, simply click the link below.

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Austin tops the list of best places to buy a home

When looking to buy a home, taking the long view is important before making such a huge investment – where are the best places to make that commitment?



Looking at the bigger picture

(REALUOSO.COM) – Let us first express that although we are completely biased about Texas (we’re headquartered here, I personally grew up here), the data is not – Texas is the best. That’s a scientific fact. There’s a running joke in Austin that if there is a list of “best places to [anything],” we’re on it, and the joke causes eye rolls instead of humility (we’re sore winners and sore losers in this town).

That said, dug into the data and determined that the top 12 places to buy a home are currently Texas and North Carolina (and Portland, I guess you’re okay too or whatever).

They examined the nerdiest of numbers from the compound annual growth rate in inflation-adjusted GDP to cost premium, affordability, taxes, job growth, and housing availability.

“Buying a house is a big decision and a big commitment,” the company notes. “Although U.S. home prices have risen in the long term, the last decade has shown that path is sometimes full of twists, turns, dizzying heights and steep, abrupt falls. Today, home prices are stabilizing and increasing in most areas of the U.S.”

Click here to continue reading the list of the 12 best places to buy a home…

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Housing News

Average age of houses on the rise, so is it now better or worse to buy new?

With aging housing in America, are first-time buyers better off buying new or existing homes? The average age of a home is rising, as is the price of new housing, so a shift could be upon us.



aging housing inventory

aging housing inventory

The average home age is higher than ever

(REALUOSO.COM) – In a survey from the Department of Housing and Urban Development American Housing Survey (AHS), the median age of homes in the United States was 35 years old. In Texas, homes are a bit younger with the median age between 19 – 29 years. The northeast has the oldest homes, with the median age between 50 – 61 years. In 1985, the median age of a home was only 23 years.

With more houses around 40 years old, the National Association of Realtors asserts that homeowners will have to undertake remodeling and renovation projects before selling unless the home is sold as-is, in which case the buyer will be responsible to update their new residence. Even homeowners who aren’t selling will need to consider remodeling for structural and aesthetic reasons.

Prices of new homes on the rise

Newer homes cost more than they used to. The price differential between new homes and older homes has increased from 10 percent traditionally to around 37 percent in 2014. This is due to rising construction costs, scarcity of lots, and a low inventory of new homes that doesn’t meet the demand.

Click here to continue reading this story…

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Housing News

Are Realtors the real loser in the fight between Zillow Group and Move, Inc.?

The last year has been one of dramatic and rapid change in the real estate tech sector, but Realtors are vulnerable, and we’re worried.



zillow move

zillow move

Why Realtors are vulnerable to these rapid changes

(REALUOSO.COM) – Corporate warfare demands headlines in every industry, but in the real estate tech sector, a storm has been brewing for years, which in the last year has come to a head. Zillow Group and Move, Inc. (which is owned by News Corp. and operates ListHub,, TopProducer, and other brands) have been competing for a decade now, and the race has appeared to be an aggressive yet polite boxing match. Last year, the gloves came off, and now, they’ve drawn swords and appear to want blood.

Note: We’ll let you decide which company plays which role in the image above.

So how then, does any of this make Realtors the victims of this sword fight? Let’s get everyone up to speed, and then we’ll discuss.

1. Zillow poaches top talent, Move/NAR sues

It all started last year when the gloves came off – Move’s Chief Strategy Officer (who was also’s President), Errol Samuelson jumped ship and joined Zillow on the same day he phoned in his resignation without notice. He left under questionable circumstances, which has led to a lengthy legal battle (wherein Move and NAR have sued Zillow and Samuelson over allegations of breach of contract, breach of fiduciary duty, and misappropriation of trade secrets), with the most recent motion being for contempt, which a judge granted to Move/NAR after the mysterious “Samuelson Memo” surfaced.

Salt was added to the wound when Move awarded Samuelson’s job to Move veteran, Curt Beardsley, who days after Samuelson left, also defected to Zillow. This too led to a lawsuit, with allegations including breach of contract, violation of corporations code, illegal dumping of stocks, and Move has sought restitution. These charges are extremely serious, but demanded slightly less attention than the ongoing lawsuit against Samuelson.

2. Two major media brands emerge

Last fall, the News Corp. acquisition of Move, Inc. was given the green light by the feds, and this month, Zillow finalized their acquisition of Trulia.

…Click here to continue reading this story…

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