Commercial Member Profile Report
Based on a random sampling of NAR’s Commercial members, the 2013 Commercial Member Profile gives a detailed overview of a variety of demographic characteristics and business practices of REALTORS® who specialize in commercial real estate. This infographic presents a sample of data from the report. Read the full report here.
For most commercial REALTORS®, investment activity registered slight improvements over the past year. Members posted gains in transactions of office properties, which took the top spot. Industrial, multifamily and retail/land deals followed close behind.
NAR's Research Economist George Ratiu and Research Marketing and Communications Manager TJ Doyle give an update on the latest positive signs in the commercial market, as well as some of the challenges still facing the market.
Following on the solid 24 percent yearly gains in 2012, commercial investments notched a strong first quarter. Sales of major properties totaled $72.8 billion in the first quarter, a 35 percent rise from a year ago, according to Real Capital Analytics. Portfolio transactions made up a large portion of the volume, especially due to the sale of Archstone apartment properties to Equity Residential and Avalon Bay. Individual property sales comprised $40 billion, a 7.8 percent gain from the same quarter last year.
National vacancy rates over the coming year are expected to continue declining in most property sectors.
WASHINGTON (May 28, 2013) – With vacancy rates modestly falling and rents moderately rising in commercial real estate sectors, market fundamentals have improved, but financing remains a challenge for small business, according to the National Association of Realtors® quarterly commercial real estate forecast.
WASHINGTON (May 23, 2013) – Realtors® who practice commercial real estate have reported an increase in annual gross income for the third year in a row, signaling the market is on the road to recovery. According to the National Association of Realtors® 2013 Commercial Member Profile, transactions and sales volume have also increased since last year.
The study shows median annual gross income for 2012 was $90,200, an increase from $86,000 in 2011 and is at its highest level since 2008.... Read More
CommercialSearch.com listings data from Xceligent will be available to realtor.com® users come Q3 2013.
WASHINGTON (May 16, 2013) – Realtors® who specialize in commercial real estate expressed optimism and confidence in the market during a forum at the Realtors® Midyear Legislative Meetings & Trade Expo. Despite a slow turning economy, commercial practitioners believe the market is not only better off than it was a year ago, but also will continue to improve.
Technological advances and specialization in healthcare means that patients will be spending more time in small outpatient facilities.
Pending legislation to even the tax-collection playing field between Internet retailers and bricks-and-mortar retailers is an important issue for commercial real estate professionals, because their clients face a disadvantage against out-of-state Internet retailers on tax collection.
Rod Santomassimo, CCIM, discusses three mistakes to avoid, strategic planning, and the technology needed for maximizing an independent broker's income.
NAR Treasurer Bill Armstrong updates members about issues including the Marketplace Fairness Act, Terrorism Risk Insurance, and the Midyear Legislative Meetings in Washington, D.C.
Ownership of New York's 102-story landmark will be battled out in court this week.
Sustainability and community planning aren't just for big cities. Learn how commercial real estate development in smaller towns and rural areas can benefit from foresight.
The General Services Administration is trying to unload a surplus of government buildings across the country through auctions and, most recently, by working with private developers to negotiate land swaps.
An increase in online shoppers could mean exciting things ahead for developers and investors of retail real estate, as architects and builders are forced to up their game.
D. Scott Smith, CCIM, Signature Series Speaker, talks to host Steve Lubetkin about his start in commercial real estate and his advice to students on creating and activating a social media strategy.
NAR Treasurer Bill Armstrong updates members about progress on lease accounting, as well as new legislation introduced in Congress to reauthorize terrorism risk insurance for commercial properties.