Summary
Moving in: Expanding real estate construction will lift real estate sales volumes and commissions, but industry revenue will still fall
Abstract
Real Estate Sales & Brokerage in the US
Real estate salespeople and brokers sell, buy or rent real estate for others. The industry is closely aligned with the health of the residential and commercial real estate markets in the United States. Revenue is directly correlated with property prices and real estate transaction volumes, and agents are paid completely on a commission basis, receiving a fee only when they close a deal. Also, the residential market accounts for most of revenue, making the real estate sales sensitive to fluctuations in housing prices and existing home sales.
The Real Estate Sales and Brokerage industry in the US comprises brokers and agents that sell, buy or rent real estate for others. Brokers and agents do not own these properties but act as intermediaries between owners or sellers and buyers or tenants.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
