From phone numbers to statistics to followers, numbers matter. Here are 10 numbers to know about the National Association of REALTORS® (NAR) that offer industry insights, highlights and more.
In this case, it’s one of the record-setting numbers to know about the National Association of REALTORS! Membership is currently at an all-time high for America’s largest trade association.
The total number of people reached through NAR’s national and local earned media communications in 2020 was 172 billion. That’s a 36 percent increase from 2019!
Did we mention that’s a 30,000-follower increase from last year?
As in three billion impressions during NAR’s “That’s Who We R” national consumer advertising campaign in 2020!
That’s 1,608 pounds of food donated from REALTOR groups through the NAR’s partnership with the Food Recovery Network, which roughly translates into about 1,340 meals.
And the giving continues with more than $800,000 raised as part of the REALTORS Relief Foundation 20th Anniversary Commemorative Event, Hope Rising.
In this case, 800,000 refers to the number of members who cumulatively saved more than $75 million from one or more of the products offered through the REALTOR Benefits Program.
Every time a house is sold, approximately $93,000 becomes money-in-motion circulating back into the economy.
In fact, the real estate industry accounted for $3.83 trillion in economic activity in 2020, which makes it about 18.3 percent of the U.S.’s total Gross Domestic Product.
To clarify, there are 235,000 REALTORS with some sort of NAR credentials. Those designations and certifications include everything from Accredited Buyer’s Representative to At Home with Diversity certification.
Finally, out of all the numbers to know about the National Association of REALTORS, this one may be the handiest! For any membership questions or inquiries, you can always call one of their information specialists to help.
Before we wrap this up, there is one more number we’d like to share: (334) 321-0606. If you are considering becoming a Lee County REALTOR, give us a call to find out more! Or, if you need help locating a REALTOR, we can help with that too. Keep reading our blogs for more real estate industry news and trends!