March is Women’s History Month, a time to commemorate and honor the significant contributions and achievements of women throughout American history. As we reflect on the remarkable strides made by women who paved the way for future generations, it is fitting to take a brief journey into the history of women in the real estate industry.
Women’s involvement in real estate dates back almost to the inception of the industry itself in 1794, during the administration of George Washington. (NO… I wasn’t there) Initially, their roles were confined to office and clerical positions, with restrictions on selling or showing properties. However, by the 1880s, women began to break into positions as agents and brokers.
The establishment of the National Association of Realtors® (NAR) in 1908 marked a significant milestone. At its inception, NAR’s membership consisted entirely of men, reflecting its original purpose to “unite the real estate men of America.” The landscape changed in 1910 when Corrine Simpson of Seattle became the first woman to join NAR.
Although NAR never explicitly prohibited women from membership, the requirement to join local real estate boards posed a barrier, as many boards excluded women. In the 1970s, NAR expanded its membership criteria to include sales agents, leading to a dramatic shift in the organization’s demographics. By 1978, the majority of NAR members were women, and by 1980, nearly 300,000 female real estate agents comprised 45% of the industry. Today, women represent 67% of REALTOR® professionals, making significant strides towards equality.
Despite these advancements, gender disparities persist, particularly in commercial real estate where women continue to encounter challenges in breaking through traditional barriers. However, progress is evident, and the industry is gradually moving towards greater inclusivity.
When asked what I appreciate most about this business, the answer is clear: the relationships forged over the years are my most cherished asset. Through these connections, I’ve developed a profound admiration for the resilient and resourceful women with whom I’ve had the privilege of working. Whether providing counsel to agents, leadership within their offices, or guidance to clients, these remarkable women exemplify grace, intelligence, and unwavering dedication.
I am continually inspired by the exceptional women at Intero, and I extend my heartfelt gratitude to each one of you for your invaluable contributions to our organization. Let us continue to celebrate and support one another as we strive to make our industry even greater.
Wishing you all a wonderful weekend.
TERRY Talks 