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Sector

Careers in Real Estate Services

Real estate agents and brokers facilitate property transactions โ€” helping buyers find homes and sellers find buyers. Commission-based income with licensing requirements and mostly on-site work.

3.6M
U.S. jobs
In this sector
$57K
Median salary
Across all roles
Real Estate Services jobs by metro area
Bubble size = total employment
Real Estate Services employment by metro ยท ~393 areas
1.New York-Newark-Jersey City, NY-NJ59K
2.Los Angeles-Long Beach-Anaheim, CA40K
3.Chicago-Naperville-Elgin, IL-IN26K
4.Dallas-Fort Worth-Arlington, TX24K
5.Miami-Fort Lauderdale-West Palm Beach, FL23K

Jobs per 100K workforce โ€” measures industry density

1.Kahului-Wailuku, HI977.4
2.Hilton Head Island-Bluffton-Port Royal, SC943.2
3.Prescott Valley-Prescott, AZ896.5
4.Daphne-Fairhope-Foley, AL891
5.Naples-Marco Island, FL885.9
BLS OEWS May 2024
Understanding this Sector
What it's like to work in Real Estate Services

Real estate agents and brokers help people buy, sell, and lease property โ€” there's satisfaction in guiding major financial decisions, closing deals, and helping people find homes or investments. Many find meaning in relationship-based sales.

The challenge can come from commission variability and market dependence. Income depends on closing deals; slow markets mean slow income. Building a client base takes years. Weekend and evening availability is expected. Competition is intense.

The field varies by focus and model. Residential differs from commercial, property management, or appraisal. Solo agents operate differently than teams. Luxury markets have different dynamics than entry-level.

For those who thrive here, the rewards are genuine: transaction satisfaction, income potential tied to effort, flexibility in how you work, and helping people with significant decisions. If you enjoy sales, can handle income variability, and want entrepreneurial real estate careers, brokerage offers accessible opportunities.

How people break in

State licensing requires coursework and exam. New agents typically work under established brokers or teams. Building client base takes time. Transaction experience builds skills.

Work environment tends toward
Licensed professionCommission-basedRelationship focusIncome variabilityMarket-dependent
Salary vs. national average
-20%
$57K median vs. $71K national
$239K$179K$119K$60K$0K$15K$38K$150K$239K*387 metro areas across 50 states, sorted by salary level โ†’
Salary range across all real estate services roles
Where your dollar goes furthest
1. San Jose-Sunnyvale-Santa Clara$91K
2. Boulder$77K
3. Washington-Arlington-Alexandria$74K
4. Trenton-Princeton$70K
5. Durham-Chapel Hill$69K
BLS OEWS May 2024
* Top salaries exceed this figure. BLS caps reported wages at ~$240K to protect individual privacy in high-earning roles.

Median salaries range from ~$70K in mid-market metros to ~$102K in top-tier cities. But cost of living closes a lot of that gap โ€” metros with lower regional price parities often offer the best purchasing power.

Highest paying
San Jose-Sunnyvale-Santa Clara ยท $102K
San Francisco-Oakland-Fremont ยท $87K
Washington-Arlington-Alexandria ยท $81K
Best purchasing power
San Jose-Sunnyvale-Santa Clara ยท $91K adj.
Boulder ยท $77K adj.
Washington-Arlington-Alexandria ยท $74K adj.
Most jobs
New York ยท 21M
Los Angeles ยท 13.9M
Chicago ยท 10.3M
BLS OEWS May 2024 ยท BEA Regional Price Parities

What the data says about this sector

Beyond salary and job counts โ€” signals that shape the day-to-day experience of working in Real Estate Services.

๐Ÿšช
Annual Quit Rate
Based on all Real Estate data
17%
People tend to stay in Real Estate. Lower turnover often indicates better working conditions or higher switching costs.
โ†“ 5%vs. 22% all industries
๐Ÿข
Typical Employer Size
Small-skewed
Small businesses dominate. More variety in roles but less formal structure and benefits.
99%
Small
<50
1%
Mid
50โ€“249
0%
Large
250+
๐Ÿ 
Remote / Hybrid Prevalence
mostly_onsite
Many roles can be done remotely. Location flexibility is a realistic expectation.
Mostly on-siteHybrid commonRemote-first
๐Ÿ“‹
Credential Density
Moderate
Most roles don't require formal credentials. Skills and experience matter more than certificates.
Few credentialsSome requiredMany required
๐Ÿค
Union Presence
Based on all Real Estate data
~2%
Minimal union coverage means compensation is individually negotiated. Know your market rate going in.
โ†“ 2%vs. 11% all industries
BLS JOLTS 2024 ยท BLS QCEW 2024 ยท O*NET Work Context ยท BLS Union Members Summary 2024
Career Tracks

Career tracks in Real Estate Services

How jobs in this sector break down by function, and what they typically pay.

Business Operations
10%
$63K median
Explore โ†’
Sales
8%
$59K median
Explore โ†’
Transportation
8%
$51K median
Explore โ†’
Admin & Office
7%
$57K median
Explore โ†’
Personal Care
7%
$54K median
Explore โ†’
Facilities
7%
$56K median
Explore โ†’
Median salary for occupations employed within Real Estate Services. BLS OEWS May 2024.
Related Sectors

Other sectors within Real Estate.

Explore careers in Real Estate Services

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Federal data: BLS Occupational Employment & Wage Statistics (May 2024) ยท BLS JOLTS 2024 ยท BLS QCEW 2024 ยท O*NET Work Context ยท BLS Employment Projections 2024โ€“2034
Truest editorial: Industry narrative, sector context, career track mapping, working signals analysis.