Market usage

Commission Volumes Earned by Real Estate Agents:

• The total commission volume earned by real estate agents varies by country and region. For instance, in the United States, the total commission volume was estimated to be around $60 billion in 2020, representing a 3% share of the global real estate market. In Europe, the total commission volume was estimated to be around €40 billion ($47 billion) in 2020, with the United Kingdom, Germany, and France being the largest markets.
• In Asia, the total commission volume was estimated to be around $100 billion in 2020, with China, Japan, and India being the largest markets.

In the United States:

According to the Bureau of Labor Statistics, the number of people employed in real estate and rental leasing in the US was approximately 2,016,000 in May 2017 and increased to around 2,134,000 in May 2021. This suggests that the number of people working in the real estate industry in the US has been growing at a rate of about 1.5% per year.

In Europe:

The European real estate market is diverse, with significant variations between countries. However, according to the European Real Estate Market Survey 2020 by PwC, the European real estate market has been growing steadily, with investment volumes reaching €271 billion in 2019, up from €215 billion in 2015.

In Asia:

The Asian real estate market is also diverse, with significant variations between countries. However, according to a report by JLL, the Asian real estate market has been growing steadily, with investment volumes reaching 149 billion in 2019, up from 103 billion in 2015.