What's Happening?
The National Association of REALTORS® (NAR) has released its 2025 Member Profile, highlighting the resilience and commitment of REALTORS® despite market challenges. The report shows that the typical member has 12 years of experience, with 74% confident in remaining active in the industry for at least two more years. Despite housing affordability issues, agents reported steady transaction numbers and sales volumes, indicating a stable performance in a challenging market.
Why It's Important?
The findings underscore the adaptability and dedication of REALTORS® in navigating market headwinds, such as housing affordability. This resilience is crucial for maintaining stability in the real estate industry, which plays a significant role in the U.S. economy. The report also highlights the importance of experienced professionals in guiding buyers and sellers through complex transactions, ensuring continued trust and reliability in the market.
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