MNR Survey Reveals Why New Realtors Are Entering Real Estate Now
Minnesota Realtors has seen a 30% year-over-year increase in new members since June 2020. We recently surveyed those new members to learn more about their entrance into real estate.
Summary of MNR New Member Survey Results
- 51% are under 50 years old / 49% over 50 years old
- 70% of new members plan to make real estate their full-time career
- 73% in the metro / 27% in greater MN
- Top 3 professions: Before they joined real estate…
- 33% were in management/business/corporate
- 18% were in sales/retail
- 18% were in the service industry
- Why did they choose real estate at this time?
- 61% always wanted to and finally doing it
- 14% saw opportunity in busy housing market
- 9% lost job as a result of the pandemic
View infographic here
*125 Realtors participated in this survey
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