According to the Department of Labor, employment of real estate brokers and sales agents is projected to grow 6 percent from 2016 to 2026. This syncs up with the average for all occupations; employment generally follows the overall health of the economy and the real estate market.

Here are some more real estate agent numbers, provided by the Department of Labor:

$46,410 – median pay annually

$22.32 – median pay hourly

444,100 – number of jobs available

The National Association of Realtors reports the following stats:

53 – the median age of realtors. The typical realtor is a 53-year-old white female who attended college and is a homeowner.

63% – the percentage of realtors who are female.

10 – median years of real estate experience by realtors.

4 – median years of tenure at realtors’ present firm.

91% – of realtors use social media to some extent.

52% – the most popular smartphone is the iPhone, followed by the Android OS (45%), and the Blackberry (3%).

$501-$2,000 – the amount that realtors invested in technology in the last 12 months. More specifically, 27% of agents and 21% of brokers.

54 – the age of the average home seller in 2015.

$100,700 – the median household income of the average home seller.

10 – the number of years the average home seller has lived in their home.

89% – the percentage of sellers who were assisted by a real estate agent when selling their home.

4 – the number of weeks the typical home was on the market before being sold.

64% – the percentage of sellers using a real estate agent who found their agents through a referral by friends and family.

25%– the percentage of sellers who used the agent they previously worked with to buy or sell a home.

70%– the percentage of home sellers who would definitely use the same agent again.

8% – the percentage of homes sold by owner (for sale by owner, or FSBO)  in 2015.

$185,000 – the average sale price of a home sold by owner.

$240,000 – the average sale price of homes sold with agent assistance.

The Association of Real Estate License Law Officials (ARELLO) estimates that there are about 2 million active real estate licensees in the United States.

The U.S. Census Bureau reports that, in 2015, 5,250,000 existing homes were sold, while 510,000 newly constructed homes were sold.

Do these numbers surprise you as a real estate agent? Tell us about it in a comment below or on Facebook or Twitter!

 

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