realestate

Younger agents exit market as headwinds intensify

NAR members are older and more experienced, with steady median transaction volume despite a slow market.

T
he typical National Association of Realtors (NAR) member is now older and more experienced than a year ago, despite the slow housing market. Key findings from the 2025 Member Profile include:

    * The median age of NAR members has increased to 57 years old, with only 11% under 40.

    * Experience is growing among many NAR members, with the median number of years of experience increasing to 12 years.

    * Median transaction volume and number of transactions for the typical agent remained unchanged in the last year.

    Despite these challenges, most NAR members intend to continue working in real estate. According to a survey of 4,947 NAR members:

    * 74% are "very certain" they will remain engaged as a real estate professional for the next two years.

    * A quarter of NAR members are less sure about their future in the business.

    The report highlights ongoing market headwinds, including lower home sales and suppressed demand. The median gross income of NAR members increased to $58,100 in 2024, but the typical member's number of transaction sides (10 deals) and annual sales volume ($2.5 million) remained unchanged from the previous year.

    NAR President Kevin Sears has hinted at a possible drop in membership, anticipating a decline of 150,000 agents by the end of the year and adjusting the budget to reflect a total member count of roughly 1.2 million by 2026.

Real estate agents, primarily younger, leaving market amidst economic headwinds globally.