Many people are reinventing their careers today. The days of job security and companies rewarding loyal workers are long gone. So who is today's real estate licensee in Florida?
The Florida Realtors recently released the 2013 Profile of its members, which looks at the characteristics of today Realtors.
Here are some of the trends according to the Florida Realtors report:
Residential Realtors make up the majority of sales associates, with 77% specializing in residential sales and having 11 years of experience. This means they have seen the good times and successfully survived the tough times. 84% say they plan on remaining in the business for at least two more years.
Almost 25% of Residential Associates have had at least one Commercial Transactions in the past year. The typical sales volume was $1.7 million in 2013 working a 40 hour work week.
The median gross income in Florida was $46,400, up from $43,500 in 2012. Members with 16+ years of experience had a median gross income of $62,200
Almost 60% had a transaction regarding a foreclosure and 55% had a transaction regarding a short sale, reflecting Florida's large share of the nation's distressed property sales.
The typical Property Manager manages 75 properties, as opposed to the national statistic of 30.
In Florida, the typical Realtor is a 56 year old female who attended college and owns a home. 55% of Florida Realtors are female. Real Estate is one of the only professions where a woman can earn the same or more income as a man.
for 79%, Real Estate is their only occupation. For members with 16 or more years experience the percentage jumps to 89%.
83% of Realtors own their primary residence, despite the years of economic distress in the industry.
The full 2014 Member Profile – Florida Realtors® Report is available online. From Florida Realtors' research page go to "Other Research Reports," and click the dropdown box under "Other Resources."
© 2014 Florida Realtors®
For information on obtaining a real estate license or are considering a career in Real Estate and live in the Tampa Bay area, Contact Nature Coast Real Estate School's website for our schedule of classes.
Nature Coast Real Estate School offers LIVE CLASSROOM and ONLINE INSTRUCTION for Pre and Post Licensing Classes for Sales Associates and Brokers, as well as Weekend Exam Prep Courses. We have FOUR convenient locations to serve the Real Estate Licensing needs of Pasco and Hernando Counties:
78 Commerical Way, Spring Hill
2715 Forest Rd, Spring Hill
11923 Oak Trail Way, Port Richey
2144 Seven Springs Blvd, Trinity
For more information on the location and class preparation, call Jeanne Gavish at 352-650-1029 or email me at jmgavish@aol.com.
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