BrokerageIndustry News

Realtors get more tech-savvy

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More Realtors are stepping up their use of technology in their work, according to the National Association of Realtors' 2010 Member Profile. The 93-question survey profile is based on 6,830 responses from NAR members. Statistics for compensation, earnings, sales volume and number of transactions correspond to calendar year 2009; the rest are from early 2010. Realtors' median gross income fell 3 percent in 2009 to $35,700, according to the survey report, while net income rose 0.9 percent, to $23,400. NAR attributed the increase to a drop in total expenses, to $5,480 from $5,810 in 2008. Most Realtors (59 percent) were licensed as sales agents, while 42 percent were licensed as brokers or broker associates. In 2009, brokers and broker associates had a median gross income of $49,100 and sales agents had a median gross income of $26,600, the survey found. That compares to a median income of $49,300 for brokers in the previous annual study, and a median income of $...