NAR Study Takes Pulse of Real Estate Firms
Brokers will find a great deal of valuable information about the state of the industry from the National Association of REALTORS®’ (NAR’s) 2016 Profile of Real Estate Firms. For instance, the vast majority of real estate firms have an optimistic outlook for the future of the industry’s profitability and growth, and 43 percent of real estate firms expect competition to increase in the next year from non-traditional firms, down from 45 percent in 2015.
The report is based on a survey of firm executives who are NAR members and provides insight into the business characteristics and activity of firms, benefits and education provided to agents and outlook for the future. Read more here.
Source: FTNJ