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When thinking of a REALTOR®, most think of someone who helps a buyer find or sell a home. However, they can also help those looking for an office space, somewhere to open up a new local business, or the right spot for a large manufacturing business. The National Association of REALTORS® commercial members help people every day realize their business dreams and help create stronger communities. And while some REALTORS® are part-time, most commercial members (82 percent) work at least 40 hours a week and the average REALTOR® commercial member has 25 years of real estate experience (20 years of commercial experience). All that hard work and decades of experience pays off—the median gross annual income for REALTOR® commercial members was $126,900 in 2014, an increase from $96,200 in 2013. Those figures demonstrate growth in the commercial real estate market over the last few years and lots of work by REALTOR® commercial members in revitalizing communities hurt by the last economic downturn.
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Review NAR’s 2015 Commercial Member Profile to see what commercial members are facing in the current market. Talk to a local REALTOR® to get his or her perspective on the market in your area.