Real Estate Activities Management Statistics 2024 – Everything You Need to Know

Are you looking to add Real Estate Activities Management to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Real Estate Activities Management statistics of 2024.

My team and I scanned the entire web and collected all the most useful Real Estate Activities Management stats on this page. You don’t need to check any other resource on the web for any Real Estate Activities Management statistics. All are here only šŸ™‚

How much of an impact will Real Estate Activities Management have on your day-to-day? or the day-to-day of your business? Should you invest in Real Estate Activities Management? We will answer all your Real Estate Activities Management related questions here.

Please read the page carefully and don’t miss any word. šŸ™‚

Best Real Estate Activities Management Statistics

ā˜° Use “CTRL+F” to quickly find statistics. There are total 116 Real Estate Activities Management Statistics on this page šŸ™‚

Real Estate Activities Management Market Statistics

  • Click here for historical data for median home prices, percent change in sales, unsold inventory and median days on market at the county level. [0]
  • Nearly 80% of active listing agents use drone photography and videography to market their listings. [1]
  • Homes with drone photography as a part of the marketing plan sell, on average, 68% faster than those without. [1]
  • Recent sellers reported only 10% of their agents effectively used video to market their property. [1]

Real Estate Activities Management Latest Statistics

  • Management Occupations PRINTER FRIENDLY Employment in management occupations is projected to grow 9 percent from 2020 to 2030, about as fast as the average for all occupations, and will result in about 906,800 new jobs. [2]
  • The real estate activities sector accounted for 1.9 % of the total employment in the EU in 2018. [3]
  • This sectorā€™s contribution to the non financial business economy was 5.6 % of the enterprise population, 1.9 % of the employment, and 3.8 % of value added. [3]
  • The wage adjusted labour productivity ratio shows that value added per person employed was equivalent to 283.0 % of average personnel costs per employee across the EU in 2018. [3]
  • This ratio was almost double the nonfinancial business economy average (143.0 %). [3]
  • The EUā€™s real estate activities sector recorded a gross operating rate of 41.1 % in 2018, four times the 10.2 % average for the whole of the non. [3]
  • The second largest subsector was real estate activities on a fee or contract basis which contributed one fifth (20.3 %) of value added and almost twice this share (39.5 %). [3]
  • The smallest subsector was buying and selling of own real estate with a 7.1 % share of the real estate activities employment and only 6.3 % of value added. [3]
  • Similar results were recorded for the gross operating rate, where indicators for real estate activities on a fee or contract basis (26.0 %) were considerably lower than for the renting and operating of own or leased real estate (49.5 %). [3]
  • It was followed up by Sweden (7.0 %). [3]
  • By far the highest wage adjusted labour productivity ratios for real estate activities were recorded in Denmark (669.6 %) and Malta (541.3 %). [3]
  • Across most of the EU Member States, micro enterprises frequently accounted for more than half of the total number of persons employed in the real estate activities sector in 2018, peaking at 92.7 % of the total employment in Italy and 84.5 % in Portugal. [3]
  • For example, micro enterprises accounted for more than a 75 % of total value added in 8 countries, while this share was lower than one third in only three countries Greece (19.0 %), the Netherlands (31.6 %) and Sweden (26.8 %). [3]
  • 5.64 millionexisting homeswere sold in 2020, according to data from the National Association of REALTORSĀ®. [4]
  • 822,000newly constructedhomes were sold in 2020, according to the U.S. Census Bureau. [4]
  • There are approximately 119.7 million occupied housing units in the United States, according to the2018 American Community Survey. [4]
  • According to the2021 Profile of Home Buyers and Sellers, the typical home seller has been in their home for 8 years. [4]
  • In 2019, 64.9% of families owned their primary residence, according to the Federal Reserve’sSurvey of Consumer Finances. [4]
  • Monthly Membership Report and NAR Membership Statistics, 1908 present 68% percent of REALTORSĀ® are licensed as sales agents, 20% hold broker licenses, and 13% hold broker associate licenses. [4]
  • 65% of all REALTORSĀ® are female, and the median age of all REALTORSĀ® is 52. [4]
  • 29%Bachelor’s degree 32%Graduate degree and above. [4]
  • 13%Associate degree 13%Some graduate school 6%High. [4]
  • Ā® affiliation with firmsIndependent contractor 88%Employee. [4]
  • Ā® most often prefer to communicate with their clients through text messaging, at 93%. [4]
  • Ninety percent preferred to communicate via telephone, and 89% through e. [4]
  • 70% of broker/broker associates and 69% of sales agents have a website. [4]
  • 81% of members have their own listings on their website, 69% have information about buying and selling, and 66% have a link to their firm’s website. [4]
  • 74% of REALTORSĀ® use Facebook and 56% use LinkedIn for professional purposes. [4]
  • 20% of all members get 15% of their business from social media, and 10% get 6. [4]
  • Of the members that use drones in their real estate business of office, 36% hire a professional, 14% have someone in their office that uses drones, and 6% personally use drones. [4]
  • 34%Median age of firsttime buyers 33Median age of repeat buyers 56Median household income of first time buyers $86,500Median household income of repeat buyers $112,500. [4]
  • Among those who financed their home purchase, buyers typically financed 87% of the home price. [4]
  • 87% of buyers purchased their home through a real estate agent or brokerā€”a share that has steadily increased from 69% in 2001. [4]
  • Buyers who would use their agent again or recommend their agent to others 75%. [4]
  • Internet 51%Real estate agent 28%Yard sign/open house sign 4%Friend, relative, or neighbor 6%Home builder or their agent. [4]
  • from sellers/Knew the sellers 3%Print newspaper advertisement 1% Source 2021 National Association of REALTORSĀ® Profile of Home Buyers and Sellers. [4]
  • 90% of sellers were assisted by a real estate agent when selling their home. [4]
  • Recent sellers typically sold their homes for 100% of the listing price, and 35% reported reducing the asking price at least once. [4]
  • 68% of sellers who used a real estate agent found their agents through a referral by friends or family, and 53% used the agent they previously worked with to buy or sell a home. [4]
  • Sellers who definitely would use same agent again 90% Source 2021 National Association of REALTORSĀ® Profile of Home Buyers and Sellers. [4]
  • FSBOs accounted for 7% of home sales in 2020. [4]
  • 34%Yard sign 26%Friends, relatives, or neighbors. [4]
  • 18%Social networking websites. [4]
  • Tours 3%Forsaleby owner websites 2%Print newspaper advertisement. [4]
  • 310,894 poll Average Industry Profit Margin x.x% Purchase this report or a membership to unlock the average company profit margin for this industry. [5]
  • Managing trash and recycling collection Property accounting Legally representing property owners Finding and screening tenancy applicants Coordinating repair contractors 00.5% increase 0. [5]
  • Revenue is expected to grow at an annualized 6.0% over the five years through 2021, to $2.1 trillion…. [6]
  • 495,069 poll Average Industry Profit Margin x.x% Purchase this report or a membership to unlock the average company profit margin for this industry. [6]
  • Developing, selling and leasing buildings for commercial operations Developing, selling and leasing other buildings 00.5% increase 0. [6]
  • The number of delisted homes increased over 25% from one year ago during early March to early April, according to the national real estate brokerage Redfin. [7]
  • Delistings as a percentage of active listings remained low throughout the springā€”below 2%. [7]
  • New listings were also down more than 40% in April compared with the same period last year. [7]
  • Inventory of homes for sale decreased 17% in April compared with the same period last year, according to Redfin. [7]
  • Home showings per listing in the U.S. were down over 40% in April compared with the same period last year. [7]
  • New York City, for example, had a 58% decline in pending home sales in April compared with last year. [7]
  • Detroit, where most real estate activity was considered nonessential through early May, saw a 74% decline in pending sales. [7]
  • By comparison, U.S. metro areas faced a 33% decline on average. [7]
  • RedfinNOTES Data represent the percentage change over the same period in 2019. [7]
  • Pending sales in U.S. metro areas, which were down more than 30% in April, were up almost 30% by August over last yearā€™s sales during the same period. [7]
  • Similar to national trends, inventory in each of the four District MSAs dropped more than 30% in August compared with the same period last year. [7]
  • As of three months postgraduation, our records show 97% reported a full time job or graduate school acceptance, with 78% of graduating Kelley seniors having a reported status. [8]
  • In 2021, internships were reported by 93 percent of students in the projected Class of 2024 who were actively engaged in seeking an internship. [8]
  • After recording net occupancy growth for the first time since the onset of COVID 19 in Q4 2021, absorption ended Q1 essentially flat, with a quarterly decline of 5 million square feet representing a modest 0.1% decline in occupancy. [9]
  • Leasing activity rose by a healthy 5.4% on the back of improved clarity surrounding returnto. [9]
  • 77% of realtors actively use social media for real estate in some way, shape or form. [10]
  • 47% of real estate businesses note that social media results in the highest quality leads versus other sources 99% of millennials (and 90% of baby boomers). [10]
  • Based on the previously noted NAR study, Facebook (97%), LinkedIn (59%) and Instagram (39%). [10]
  • For example, make sure that your information and ā€œAboutā€ sections on any given social channel are 100% complete with the following. [10]
  • According to our own research, a paltry 11% of real estate businesses respond to their incoming social messages. [10]
  • In 2021, 20% of home buyers were single women, whereas less than 10% were single men. [1]
  • More than 40% of active Realtors in the United States are located in California, Florida, Texas, and Arizona. [1]
  • Nearly 2% of the adult population in Florida has an active real estate license. [1]
  • The number of active Realtors in Arizona has grown by nearly 10% from 2020 to 2021.There are currently more than 3 million active real estate licensees in the United States. [1]
  • More than 65% of active Realtors are women. [1]
  • 45% of Realtors have completed a bachelorā€™s or graduate degree. [1]
  • 20% of Realtors have had their license for a year or less. [1]
  • 82% of licensed Realtors own their primary residence. [1]
  • 37% of licensed Realtors own at least one secondary property. [1]
  • 68% of all real estate licenses in the United States are held by agents, the rest are held by brokers and associate brokers. [1]
  • 92% of homes sold in the U.S.in 2021 were sold using an agent or a broker. [1]
  • The average listing price for a home in the United States has risen more than 32% since March 2020 to $374,900 as of June 2021. [1]
  • The median sales price for a home in the United States in 2021 has increased by 416% since 1980. [1]
  • Interest rates have literally never been lower than in 2021ā€”at one point hovering around 2.68%. [1]
  • The number of homes sold in 2021 was up by nearly 10% over 2020 to 6.29 million as of September 2021. [1]
  • Realtors typically make more than 95% of their annual income from real estate commissions. [1]
  • 71% of Realtors specialize in residential real estate. [1]
  • Realtors earning $100,000 or more in gross commission income are more than twice as likely to use advanced technology tools like a CRM than agents who earn less. [1]
  • 74% of Realtors use Facebook for business purposes. [1]
  • 56% of Realtors use LinkedIn for business purposes More than 30% of Realtors report closing at least one transaction a year as a direct result of their use of social media. [1]
  • 60% of agentssurveyed by The Closelist active social media as more important than a website. [1]
  • 73% of homeowners say theyā€™re more likely to list with a Realtor who uses video to sell property. [1]
  • 78% of real estate professionalssurveyed by The Closesay that video is important to making agents stand out on social media. [1]
  • In 2021, 68% of home sellers reported finding their agent via a referral from friends or family. [1]
  • In 2021, the typical Realtor earned 34% of their commission income via repeat clients and referrals. [1]
  • 70% of licensed real estate professionals have a website. [1]
  • 69% of recent home sellers surveyed said that they would gladly write a review for their sales agent, if requested. [1]
  • Less than 1% of homebuyers reported finding their new home via print advertising. [1]
  • 32% of all real estate licenses in the United States are held by brokers or associate brokers. [1]
  • 45% of brokers report that ā€œkeeping up with technologyā€ is the biggest challenge their agents face. [1]
  • The typical FSBO home sold for 17% less than a home listed with a Realtor. [1]
  • The typical home seller will cash out 30% of their purchase price in proceeds from a sale in 2021. [1]
  • More than 20% of homebuyers in 2021 were single females. [1]
  • Less than 10% of homebuyers in 2021 were single men. [1]
  • 34% of home purchases in 2021 were made by first. [1]
  • 11% of homebuyers in 2021 purchased multigenerational homes due to children above the age of 18 moving back home, for cost saving, or to care for their aging parents. [1]
  • 3% of homebuyers in 2021 were active. [1]
  • 29% of homes purchased in 2021 had a sale price of more than 100% of the asking price. [1]
  • 41% of buyers report their first step in the home buying process was looking at homes online, while only 19% of buyers contacted a real estate agent as their first step. [1]
  • In 2021, the typical first time homebuyer financed 93% of their homeā€™s purchase price, compared to 83% for repeat home buyers. [1]
  • 28% of first time homebuyers reported using a gift or a loan from family or friends for some or all of their downpayment. [1]
  • 60% of Realtors report that in 2021, lack of inventory was the most important factor limiting potential clients from making a purchase, overtaking 2020ā€™s ā€œfinding the right property in the right price rangeā€. [1]
  • Nearly 60% of home buyers under the age of 29 donā€™t expect to be in their home for more than 10 years before selling again. [1]

I know you want to use Real Estate Activities Management Software, thus we made this list of best Real Estate Activities Management Software. We also wrote about how to learn Real Estate Activities Management Software and how to install Real Estate Activities Management Software. Recently we wrote how to uninstall Real Estate Activities Management Software for newbie users. Donā€™t forgot to check latest Real Estate Activities Management statistics of 2024.

Reference


  1. car – https://www.car.org/marketdata/data.
  2. theclose – https://theclose.com/real-estate-statistics/.
  3. bls – https://www.bls.gov/ooh/management/home.htm.
  4. europa – https://ec.europa.eu/eurostat/statistics-explained/index.php/Real_estate_activity_statistics_-_NACE_Rev._2.
  5. nar – https://www.nar.realtor/research-and-statistics/quick-real-estate-statistics.
  6. ibisworld – https://www.ibisworld.com/united-states/market-research-reports/property-management-industry/.
  7. ibisworld – https://www.ibisworld.com/china/market-research-reports/real-estate-development-management-industry/.
  8. stlouisfed – https://www.stlouisfed.org/publications/regional-economist/fourth-quarter-2020/impact-covid-residential-real-estate-market.
  9. iu – https://kelley.iu.edu/recruiters-companies/undergrad/statistics/salary-statistics/index.html.
  10. jll – https://www.us.jll.com/en/trends-and-insights/research/office-market-statistics-trends.
  11. sproutsocial – https://sproutsocial.com/insights/social-media-for-real-estate/.

How Useful is Real Estate Activities Management

One of the key benefits of real estate activities management is that it helps in streamlining transactions and eliminating inefficiencies. Real estate transactions involve a multitude of documents, regulations, and processes that can be overwhelming and time-consuming. By having an effective management system in place, real estate professionals can easily track and manage all aspects of transactions, leading to faster turnaround times and increased productivity.

Furthermore, real estate activities management enables professionals to effectively track and monitor all properties under their management. This means that they can keep tabs on key information such as rent collection, maintenance schedules, and vacancies. By having this information readily available, real estate professionals can make informed decisions that will ultimately benefit their businesses.

In addition to streamlining transactions and monitoring properties, real estate activities management also plays a crucial role in enhancing customer satisfaction. By having a robust management system in place, real estate professionals can provide a seamless experience for their clients. From efficient communication to timely updates on property status, real estate activities management helps in building strong relationships with clients.

Moreover, effective real estate activities management can also contribute to the overall growth and expansion of a real estate business. By having a clear overview of all operations and resources, real estate professionals can identify areas for improvement and strategize for future growth. Whether it’s investing in new properties or expanding services, real estate activities management provides the necessary tools and insights to make informed decisions that will drive business success.

Overall, real estate activities management is an indispensable tool for real estate professionals looking to thrive in a competitive market. By streamlining transactions, monitoring properties, enhancing customer satisfaction, and facilitating business growth, real estate activities management can help professionals stay ahead of the curve and achieve long-term success in the industry. So, it’s clear that real estate activities management is not just usefulā€”it’s essential for the success of any real estate business.

In Conclusion

Be it Real Estate Activities Management benefits statistics, Real Estate Activities Management usage statistics, Real Estate Activities Management productivity statistics, Real Estate Activities Management adoption statistics, Real Estate Activities Management roi statistics, Real Estate Activities Management market statistics, statistics on use of Real Estate Activities Management, Real Estate Activities Management analytics statistics, statistics of companies that use Real Estate Activities Management, statistics small businesses using Real Estate Activities Management, top Real Estate Activities Management systems usa statistics, Real Estate Activities Management software market statistics, statistics dissatisfied with Real Estate Activities Management, statistics of businesses using Real Estate Activities Management, Real Estate Activities Management key statistics, Real Estate Activities Management systems statistics, nonprofit Real Estate Activities Management statistics, Real Estate Activities Management failure statistics, top Real Estate Activities Management statistics, best Real Estate Activities Management statistics, Real Estate Activities Management statistics small business, Real Estate Activities Management statistics 2024, Real Estate Activities Management statistics 2021, Real Estate Activities Management statistics 2024 you will find all from this page. šŸ™‚

We tried our best to provide all the Real Estate Activities Management statistics on this page. Please comment below and share your opinion if we missed any Real Estate Activities Management statistics.




Leave a Comment