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#1
10-25-2006
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New Profile of Florida Real Estate Firms
Author: Edward O'Donnell
According to a recent survey, 2005 was a very good year for Florida brokers and sales associates. Profits increased for 83 percent of the Florida firms that responded to the survey conducted by the National Association of Realtors®. In the 2004 survey, 66 percent reported higher profits. 2006 profit figures will probably reflect the slowdown in the market, but those figures are not yet available. Lots of New Brokerage Offices Other statistics in the report give some insights into the Florida real estate industry. For example, while 45 percent of real estate firms have been in business for at least 15 years, a full 15 percent of firms were less than one year old, a statistic that reflects the large number of ...(continued) 
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