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Study of Real Estate Firms Shows both Optimism and Challenges

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WASHINGTON (September 10, 2013) – Most real estate firms are small, independent businesses that specialize in residential brokerage, with 69 percent of all firms expecting profitability to increase over the next year, according to the 2013 National Association of Realtors® Profile of Real Estate Firms.

Paul Bishop, NAR vice president of Research, said the industry sees greater competition in tandem with the housing market recovery.  “Two out of three real estate firms expect competition in the marketplace to increase, both among firms and nontraditional… Read More

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