Income, Transactions Improve for Commercial Realtors
The National Association of Realtors (NAR) reported members who practice commercial real estate saw median income rise to the highest level since 2008, reflecting progress in the commercial sector. In 2012, commercial Realtors reported a median annual income of $90,200 in 2012, up from $86,000 in 2011, according to NAR's 2012 Commercial Member Profile. Among NAR members in commercial real estate, brokers and appraisers brought in the highest income last year, and sales agents reported the lowest. Most members--60 percent--were brokers, while 25 percent were sales agents.