Commercial prices continue to head up, at least among smaller properties in secondary and tertiary markets. As a result, the typical commercial agent is making $120,800, an 11 percent increase from the previous year, when the median income was $108,500. The income gains come even as agents on average are doing fewer deals, eight as opposed to nine. These are among the findings from NAR’s 2017 Commercial Member Profile. Another finding: Agents are more experienced. The typical agent has been working in the business 24 years now.
The profile just looks at commercial agents who are members of NAR. These are …read more
Source: Speaking of Real Estate