Jun 15, 2008

Rich Realtors?

Some interesting statistics recently disclosed:
The 2007 national medium gross income before taxes and expenses for Realtors was $42,600. Since agents are independent contractors, they typically pay for their own marketing expenses, advertising, printing, postage, insurance, auto expenses, ... and all taxes. So their net income would be considerably less. The median number of hours worked was 40.

Realtors who work 60 hours or more a week (that would be me) grossed an average of $80,800. In 2007, the median years of experience was 8 years and the number of transactions completed by the average Realtor was 8. In this case, I'm happy to admit that I'm an overachiever.

[where: 75230]

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