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The housing boom has brought in all kinds of people who used to work in other fields. National Association of Realtors spokesman Walter Moloney says the National Association of Realtor's membership is 1.35 million, which he says is at or very close to a record. One way to see that there are too many Realtors is to look at the breakdown of pay. Nearly a third earned under $25,000 in 2004, according to a National Association of Realtors study. Here's the complete breakdown of the 2004 survey: |
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Less than $10,000
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18% |
$10,000 to $25,000
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13% |
$25,000 to $35,000
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9% |
$35,000 to $50,000
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11% |
$50,000 to $75,000
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13% |
$75,000 to $100,000
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10% |
$100,000 to $150,000
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12% |
$150,000 to $200,000
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6% |
$200,000 to $250,000
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3% |
$250,000 to $500,000
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4% |
$500,000 to $1 million
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1% |
| Over $1 million < |
1% |
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The median income for people who had been in the field for two years or less in 2004 was $13,000.
Your home is more than likely your largest investment you will make. Make sure you have a qualified professional Realtor handling your largest investment! |
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