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Realtor Incomes Increase with Designations

By Cheri Scranage | September 12, 2008

The following information was sent via email from Frank Mears Seminars:

Investing in your real estate career is important to your business. 
Earning designations is one way to increase your revenue, through learning about
issues and real estate topics that are relevant to today’s real estate market.

NAR Research and Statistics  

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Personal Gross Realtor® Income
Updated statistics for average gross income of members with designations
(including ABR®) vs. members without.
 
Personal Gross REALTOR Income
 
Designation                      2005 Survey     2007 Survey       2008 Survey
                                           2004 Gross        2006 Gross         2007 Gross
                                              Income            Income              Income
 
     
No Designations              $35,500           $40,000           $33,200
ABR®                                $81,400            $77,000           $67,900
CRB                                   $124,200          $96,000          $102,000
CRS                                    $111,000          $91,300          $90,500
GRI                                     $84,500            $75,900          $69,800
       
Certifications:      
No Certifications             $44,800            $42,400          $37,500
At Home with Diversity $62,400            $46,700          $51,700
e-Pro                                 $85,700            $62,800          $61,000
* Statistics provided by REBAC – 07/08 
Each of us, as professionals, should be striving to achieve designations.
With the current real estate market, there is no time like to present
to recommit ourselves to education.

 

 

 

 

Topics: General Real Estate | No Comments »

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