NAR survey: lean times for newer agents

Realtors' median gross income plunged 14 percent in 2008, to $36,700, forcing many less experienced Realtors to leave the business, according to a survey of members by the National Association of Realtors. 

NAR's 2009 Member Profile showed the median age of Realtors rising from 52 to 54 and average years of experience increasing from eight to 10. Overall NAR membership fell 10.5 percent from December 2007 to December 2008, to 1.2 million, and dropped another 6.4 percent through April.

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