Real Estate Sales & Brokerage

The Real Estate Sales and Brokerage industry in the United States comprises brokers and agents that 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. Industry revenue is directly correlated with property prices and real estate transaction volumes, and agents are typically paid completely on a commission basis, receiving a fee only when they close a deal. Additionally, the residential market accounts for more than two-thirds of industry revenue, making the industry sensitive to fluctuations in housing prices and existing home sales.