Skip to main content
Search
Back

2021 Profile of Real Estate Firms

SKU:
E186-02-21
Author:
NAR
About guide

0 out of 5 No reviews yet
Need large quantities? Bulk Order Pricing
Need large quantitites?
Bulk Order Pricing
QTY
Non-member Price
Member price
2 +
$149.95
$149.95
  • Description

    The 2021 Profile of Real Estate Firms examines real estate firms: their characteristics, business activity, education and training they offer employees, and their outlook. Some of the findings include:

    • The typical residential firm had been operating for 16 years (up from 14 years), while the typical commercial firm had been operating for 30 years (up from 23 years).
    • Firms typically generated 30% of their sales volume from past client referrals, 30% from repeat business from past clients, 10% from their website, and 10% through social media.
    • The most common benefit that firms offered to independent contractors, licensees, and agents was errors and omissions/liability insurance at 42%.
    • 38% of firms reported they were actively recruiting sales agents in 2021.
    • Maintaining sufficient inventory, housing affordability, and competition from nontraditional market participants were among the biggest challenges cited for firms in the next two years.
  • Highlights
  • Product details
    type:
    guide
  • Delivery

The 2021 Profile of Real Estate Firms examines real estate firms: their characteristics, business activity, education and training they offer employees, and their outlook. Some of the findings include:

  • The typical residential firm had been operating for 16 years (up from 14 years), while the typical commercial firm had been operating for 30 years (up from 23 years).
  • Firms typically generated 30% of their sales volume from past client referrals, 30% from repeat business from past clients, 10% from their website, and 10% through social media.
  • The most common benefit that firms offered to independent contractors, licensees, and agents was errors and omissions/liability insurance at 42%.
  • 38% of firms reported they were actively recruiting sales agents in 2021.
  • Maintaining sufficient inventory, housing affordability, and competition from nontraditional market participants were among the biggest challenges cited for firms in the next two years.
No reviews yet
0 out of 5
No reviews yet
0 out of 5

Reviews + comments

Customer reviews
0 out of 5 0 Total Ratings
  • 5
  • 4
  • 3
  • 2
  • 1

Be the first to review this product!

About guide About the author

Additional resources

Join our Mailing list

Get access to new items, disount pricing , and the latest events