Realtor income continues to drop

Survey: Experienced agents fare better than newcomers

Realtor income declined in 2007 compared to the previous year, and those with two years of experience or less had an annual median income near the poverty line, according to the latest membership profile released by the National Association of Realtors.

Overall median Realtor income was $42,600 in 2007, down 10.7 percent from $47,700 in 2006, according to the member survey data. Realtors’ median income had also fallen 3.2 percent in 2006 compared to 2004, and fell 5.6 percent in 2004 compared to 2002.