Real Estate Compensation in 2011
Changing Times in Work and Pay
An Inman News Research Report
This research report of real estate compensation reveals a dramatically different picture from 2006 in the way real estate sales professionals work and get paid.
The real estate industry continues to grapple with a glut of distressed properties and anemic economic growth and given the current economy, the impact for real estate sales people has created a new reality.
This latest Inman News Research Report of Real Estate Compensation reveals a dramatically different picture from the inaugural report in 2006 -- the pinnacle of record-breaking U.S. home prices and home-price appreciation. Now, agents face the frustration of closing deals in a difficult climate.
The housing market decline and economic downturn has brought down home prices in many markets, and there has been a steady exodus of agents from the field, with National Association of Realtors membership declining.
The report is chock-full of the latest findings and reflects trends in industry compensation and expenses since those halcyon days. This 69-page report was compiled from a comprehensive survey of Inman News readers and subscribers. Respondents represented 47 U.S. states and Washington, D.C., Puerto Rico, New Zealand and Canada.
Among the survey findings and revelations:
- Industry commission income trends show a downward trend.
- Fewer sales per agent with 48.3 percent of respondents said they closed fewer than 11 transaction in 2010.
- The nationwide glut of distressed properties and anemic economic growth has affected commissions and compensation.
- The frustration some survey respondents shared about deals falling through in the tough economic environment with some expecting this decade to usher in a new era for real estate compensation.
- The effect of the post-recession era and how it reshaped the landscape of a real estate industry
- ...and more data and charts!
We are also making the survey data* available to download (as 2 Excel files in a .zip archive) for an additional $100 with the purchase of the report. As a bonus, if you purchase the survey data, you will receive earlier Inman News Real Estate Compensation Reports from both 2006 and 2009! The 2009 report is based on an online industry survey from November 2008 to February 2009 that collected 1,556 responses, and the 2006 report is based on a June 2006 survey with 1,006 respondents.
View data charts from the 2011 Compensation report HERE.
If you were an Inman News Premium Member you could save $100 on this purchase.
To purchase the complete Research Report, supporting data and the full list of survey questions, select one of the report options below:
2011 Compensation Report Only (69 pages, plus data charts)
2011 Compensation Report (69 pages, plus data charts) + Raw Data (.xls format)
*Survey data does not include respondents' detailed comments and other personally identifying information.
For questions about the research report and additional information, please contact: firstname.lastname@example.org or by calling (800) 775-4662.
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