Aug 4, 2022
National Association of REALTORS® (NAR) has released reports on who members are and the business they are conducting dating back more than five decades. Each year the report is released in varying and unique circumstances. While the report provides timelines of how experiences and transactions have changed, it is also important to remember it is a snapshot of that period of time.
NAR has also provided Long Island Board of REALTORS® (LIBOR) with a Long Island specific report which details Long Island REALTOR® characteristics, trends, and sales volume.
In 2021, the typical agent nationally had 12 transactions, up from 10 transactions in 2020. On Long Island, agents typically had five transactions. A shortage of housing inventory on Long Island was the most cited reason limiting potential clients from completing transactions.
Discover more on your fellow Long Island REALTOR®, HERE.
Read NAR's national 2022 Member Profile, HERE.
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