Lauren Bunting Broker MD & DE

Who Are Realtors?

Thursday, August 04, 2022, Lauren Bunting

The National Association of REALTORS®’ released their annual Member Profile report for 2022 recently. Based on a random sampling of NAR's membership, the Member Profile strives to answer the question "Who are REALTORS®?".

 

The report showed that REALTORS® increased their transaction sides and income over the last year. In addition, the thriving housing market has prompted more people to pursue a real estate career—NAR’s membership rose to an all-time high of 1.56 million in 2021, up from 1.49 million in 2020. For some perspective, one decade ago membership stood at the 1 million mark. In Maryland, membership is a currently a little over 29,000, which is a 1% increase over this time last year. 

 

Here are some additional demographic trends among REALTORS® as well as business insights from NAR’s 2022 Member Profile:

• The typical REALTOR® has eight years of experience.
• The median age of REALTORS® was 56 in 2021, up slightly from 54 in 2020. Forty-one percent of the membership is over 60 years old while only 4% are less than 30 years old.
• The share of women in the industry jumped from 57% in 2010 to 67% in 2021.
• The majority of REALTORS®—87%—are independent contractors; only 5% are employees of a real estate company.
• The typical REALTOR® worked 35 hours per week in 2021. Those who work more tend to earn more. For example, the median annual income of REALTORS® who worked 40 to 59 hours per week was $85,400. It was $144,400 for those who work 60 hours or more per week but only $13,300 for those who worked less than 20 hours.
• Only 4% of members say real estate is their first career. Many REALTORS® come from various professional backgrounds, most notably management, business, finance, or retail.
• The typical REALTOR® earned 16% of their business from repeat clients, while 20% of their business came from referrals.

 

Lauren Bunting is a licensed Associate Broker with Keller Williams Realty of Delmarva in Ocean City, MD.

Lauren Bunting is a Broker with Keller Williams Realty of Delmarva in Ocean City, Maryland.

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Thank you so much for all of your hard work. We are so excited to move into the perfect house for us, and couldn't have done it without your guidance.

Megan and Brandon Cater

My friend was right, you are the hardest working realtor, bar none. I honestly don't think that I would have gotten through this house selling process without you.

Brenda Burbage

Lauren made first time homebuying extremely approachable, and took the time to educate me on everything involved in the process.

Amanda Hanke and Keri Swigert

Thank you for all of your hard work and dedication that made this purchase possible. You advocate for your clients and I highly regard you for it. You made it possible for me and my family to achieve our goal of homeownership.

Tom Harutyunyan

Thank you so much for the very wonderful, professional job you did with selling our property. You will always be special to me.

Penny Carley

We want to say a sincere "Thank You" for all you've done for us! We know at times the road seemed never ending. Thank you for always staying positive even through our ups and downs of this process. We appreciate all you do!

Mike and Patty Locke

Lauren's extensive knowledge of the local real estate market proved to be invaluable during the purchase of our first home.

Allison Shockley and Patrick Molloy

Lauren is very easy to work with. She has helped me sell and buy homes in the area and has always been hard working and professional.

Jennifer K. Leggour

Lauren went through tremendous lengths to look out for us every step of the way all the way to the very end. If you are in need of a real estate agent who will treat your transaction as if it were their own and provide you with nothing less than A+ service you will be in good hands with Lauren.

Shireen and Mark Ambush

We were referred to Lauren by a good friend, and we couldn’t have been placed in better hands. Lauren went above and beyond in every way, throughout the entire process.

Liz Young

Lauren Bunting was our realtor when we recently sold two homes- one in Maryland and the other one in Delaware. To say we were very satisfied with all she did for us is an understatement!

Janet and Bruce Lathbury

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