Today's Realtor: older and more experienced Premium Content

Sales agents report $25K median net income in 2010

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The typical Realtor of today is older and has more experience than the typical Realtor one year ago, according to the National Association of Realtors' 2011 Member Profile.

The median age of a Realtor is 56, compared to 54 in the 2010 profile and the typical association member has 12 years of experience, up from 10 last year.

The survey profile is based on 8,303 responses from NAR members. Statistics for compensation, earnings, sales volume and number of transactions correspond to calendar year 2010; the rest are from early 2011. At the end of April 2011, NAR had 1.01 million members.

Only 12 percent of Realtors are under 40, half are between 40 and 59, and 38 percent are age 60 or older. Only 6 percent of Realtors said real estate was their first career. By comparison, homebuyers had a median age of 39 in 2010, according to NAR's most recent annual profile of buyers and sellers.

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