As of the second quarter of 2022, online agents had a market share of *** percent of exchanges in the United Kingdom. Yorkshire and The Humber had the higher share of online purchases at almost ** percent. Unlike other industries, the housing market has a relatively small online penetration rate as the overall cost and grandiosity of buying a home still encourages people into physical stores.

Average house prices

Average house prices are affected by several factors. Economic growth, unemployment, interest rates and mortgage availability can all drive them up or down. A shortage of supply means that the need for housing and the competitive market created will push house prices up. An excess of housing, on the other hand, means prices fall to stimulate buyers.

House price growth slowing down

After two years of a staggering house price growth, the UK housing market has started cooling down and in June 2022, the annual house price growth fell below ***** percent - the lowest since July 2021. In the five-year period until 2026, London is forecast to see the slowest house price growth.

The Estate Agents industry is mostly made up of many small companies that operate locally, attracting customers through their expert regional knowledge. However, a few larger estate agents, like Connells Group, Savills and LSL Property Services, operate throughout the UK, leveraging their brand power and global resources to capture more of the market. Estate agent revenue is expected to grow at a compound annual rate of 1.2% over the five years through 2025-26 to £15.2 billion, including a forecast rise of 1.3% in 2025-26. The pandemic induced fierce volatility and a shift in market dynamics in 2020-21, but activity quickly bounced back. Despite a solid recovery, aided by pent-up demand and government support, aggressive interest rate hikes and a gloomy economic outlook hit property markets in 2023-24, hurting transaction volumes and limiting the need for estate agents. Declining transaction volumes translated into a corresponding dip in estate agents' lead generation over the year. However, the industry bounced back in 2024-25. House prices rose at the same time as interest rates began edging downwards. Additionally, the changes to the Stamp Duty threshold in April 2025 led to a surge in transactions as people rushed to complete purchases before the deadline to avoid paying extra stamp duty, which boosted transactions and revenue in 2024-25. Despite increases to Stamp Duty in 2025-26, falling interest rates and rising house prices in 2025-26 have offset a fall in property transactions, leading to revenue inching upwards in 2025-26, whilst profit has remained flat. Revenue is forecast to grow at a compound annual rate of 2.5% over the five years through 2030-31 to £17.2 billion. The economic environment is set to stabilise in the short term as interest rates fall, pushing up prices and transaction volumes and supporting revenue growth. The rise of online-only and hybrid estate agents will continue to gather momentum as e-commerce grows. However, bricks-and-mortar agencies will likely remain on top thanks to their expert regional knowledge and personalised services. Increased funding for housebuilding from the government should increase the supply of housing in the future, further driving revenue growth for estate agents – they’ll have more houses to sell. The introduction of the Renters' Rights Act in October 2025 is expected to shake the industry in the short term. However, those prepared to embrace the changes the act brings will be well-positioned to thrive.

The global estate agent fees market is a substantial sector, reaching a value of $214.7 million in 2025. This market is projected to experience steady growth, with a compound annual growth rate (CAGR) of 3.4% from 2025 to 2033. Several factors contribute to this growth. Increasing urbanization and population growth globally fuel demand for real estate, driving up the need for estate agents and consequently, their fees. The rise of online real estate platforms, while creating some competition, also contributes to market expansion by increasing market transparency and attracting more buyers and sellers. Furthermore, the diversification of services offered by estate agents beyond simple brokerage, including property management and investment advice, contributes to higher fee generation. Segmentation within the market reveals significant activity in both residential and commercial real estate, with buyer and seller charges representing distinct revenue streams. This creates opportunities for specialized firms catering to specific market segments.
The geographical distribution of the market shows significant activity across North America, Europe, and Asia Pacific. North America, with its mature real estate markets and established agent networks, likely holds a significant market share. However, rapidly developing economies in Asia Pacific present substantial growth potential due to their expanding middle classes and burgeoning real estate sectors. Europe's diverse markets and regulatory landscapes present varied opportunities and challenges for estate agents. While some established players dominate the market, the presence of regional and niche agencies points to a dynamic competitive landscape. The future growth of the market will depend on broader economic conditions, government policies impacting real estate, and the ongoing evolution of technological advancements in the real estate sector. The continued focus on providing value-added services and leveraging technology will be key for success in this evolving market.

United States Real Estate Brokerage Market Report is Segmented by Property Type (Residential and Commercial), by Service (Sales and Rental), by End-User (Individuals/Households, Corporates & SMEs, Others), and by State (Texas, California, Florida, and More). The Market Forecasts are Provided in Terms of Value (USD).

Estate agents act as intermediaries, arranging the buying, selling, renting and leasing of property and land. They are paid on a fee or contract basis, often in commission, although online estate agents tend to charge a flat rate. They also provide advice and appraisals in connection with buying, selling and renting property and provide escrow services. This class includes online-only estate agents. Property-related legal services are excluded from the industry.

The real estate sales and brokerage market in the United States has grown year-on-year between 2013 and 2021, followed by two years of decline. In 2023, the estimated market size measured approximately ***** billion U.S. dollars. In 2022, some of the largest real estate brokerage companies included CBRE, JLL, and Cushman & Wakefield.

Real Estate Agency Software Market size was valued at USD 11.53 Billion in 2024 and is projected to reach USD 24.89 Billion by 2031, growing at a CAGR of 11.13% during the forecasted period 2024 to 2031

Global Real Estate Agency Software Market Drivers

Growing Need for Digitalization: To improve customer experience, increase productivity, and streamline operations, real estate companies are embracing digital solutions more and more. With the use of features like property management, transaction management, marketing automation, and customer relationship management (CRM), real estate businesses may automate their workflows and operations.

Growing Complexity of Real Estate Transactions: Real estate transactions are becoming more and more complicated since they include a number of parties, intricate paperwork, and regulatory compliance. With the use of real estate agency software, agents and brokers may manage listings, agreements, contracts, and financial transactions more easily and with less administrative work.

Growing Need for Solutions for Property Management: Property management solutions are becoming more and more necessary as the real estate market which includes residential, commercial, and industrial properties—continues to grow. To meet the demands of landlords and property managers, real estate agency software provides tools for managing rental properties, lease agreements, tenant interactions, maintenance requests, and financial reporting.

Emphasis on Customer Relationship Management (CRM): In order for real estate companies to draw in new business and keep existing clients, they must establish and nurture strong client relationships. CRM features are built into real estate agency software to help agents efficiently nurture leads and finish sales. These features include keeping client contacts, tracking interactions, setting up appointments, and delivering personalized emails.

Transition to Remote Work and Teamwork: The use of cloud-based real estate agency software has increased due to the growth of remote work and virtual collaboration. Cloud-based solutions facilitate team collaboration and offer flexibility in handling transactions remotely by enabling agents and brokers to access property listings, documents, and client information from any location.

Integration of modern Technologies: To improve the functionality and performance of their platforms, real estate agency software companies are integrating modern technologies including augmented reality (AR), virtual reality (VR), machine learning (ML), and artificial intelligence (AI). Features like virtual staging, 3D property tours, predictive analytics, and property appraisal are made possible by these technologies, which improve user experience and increase demand.

Put an emphasis on business intelligence and data analytics: In the real estate sector, data-driven decision-making is becoming more and more crucial. Real estate agencies can make well-informed business decisions and gain a competitive edge by using real estate agency software, which provides analytics and reporting capabilities to manage key performance indicators (KPIs), monitor market trends, assess client preferences, and optimize marketing campaigns.

Regulatory Compliance and Risk Management: Legal commitments, compliance standards, and regulatory regulations all apply to real estate transactions. With features like audit trails, electronic signatures, and secure document storage, real estate agency software assists organizations in managing paperwork, ensuring regulatory compliance, and reducing risks related to real estate transactions.

Globalization and Market Expansion: The need for scalable and adaptable real estate agency software solutions is driven by the expansion of real estate markets worldwide and the establishment of real estate agencies in new geographical areas. Software vendors respond to the varied needs of global customers and marketplaces by providing multi-language support, multi-currency capabilities, and localization tools.

Demand for Mobile Solutions: The need for mobile solutions Real estate agents and their clients can use smartphones and tablets to view property listings, make appointments, connect with one another, and execute transactions thanks to mobile-friendly real estate agency software. The need for real estate agency software solutions that prioritize mobile is driven by the growing dependence on mobile devices for communication and property search.

The IT real estate market is projected to reach $674.52 million by 2033, expanding at a CAGR of 10.15% during the forecast period of 2025-2033. This growth can be attributed to the increasing demand for property management software, real estate agent management software, valuation and appraisal software, construction management software, and property marketing software. Additionally, the rising adoption of cloud-based and on-premises deployment models by real estate agents, property managers, developers, brokers, investors, and property owners is driving market expansion. The IT real estate market is segmented based on type, deployment model, end-user type, property type, company, and region. Key players in the market include RealPage, Colliers International, ProptechOS, CoStar Group, CBRE, Planon, JLL Technologies, JLL, Savills, Facilio, MRI Software, Altus Group, Yardi Systems, Cushman & Wakefield, and CBRE Group. North America, South America, Europe, the Middle East & Africa, and Asia Pacific are the major regions covered in this market analysis. The study period for this market is from 2019 to 2033, with 2025 as the base year and 2025-2033 as the forecast period. Key drivers for this market are: 1. Data-driven Decision Making 2. Predictive Analytics 3. Digital Twin Technology 4. Contactless Experiences 5. Personalized Customer Experiences. Potential restraints include: 1. Proptech Adoption 2. Cloud-based Solutions 3. AI and ML Integration.

In 2023, the UK Real Estate Market reached a value of USD 816.7 million, and it is projected to surge to USD 919.0 million by 2030.

The Europe Real Estate Brokerage Report is Segmented by Property Type (Residential (Apartments & Condominiums, and More), Commercial (Office, Retail and More)), by Service (Sales, Rental/Leasing), by Client Type (Individuals/Households, Corporates & SMEs, Institutional Investors), and by Geography (Germany, United Kingdom, France, Spain, Italy, Russia, Rest of Europe). The Market Forecasts are Provided in Terms of Value (USD).

The global Estate Agent Fees market is projected to reach an impressive market size of approximately $250,000 million by 2025, exhibiting a robust Compound Annual Growth Rate (CAGR) of around 7.5% through 2033. This substantial growth is fueled by a confluence of powerful drivers, including the increasing urbanization rates worldwide, a burgeoning middle class with enhanced purchasing power, and a continuous surge in both residential and commercial real estate transactions. The digital transformation within the real estate sector is also playing a pivotal role, with online platforms and proptech solutions streamlining the buying and selling process, thereby increasing efficiency and accessibility for a wider demographic. Furthermore, favorable government policies aimed at promoting homeownership and facilitating investment in real estate continue to bolster market expansion. Despite the optimistic outlook, the Estate Agent Fees market faces certain restraints. Escalating commission rates in some regions and the growing preference for do-it-yourself (DIY) selling platforms, which bypass traditional agents altogether, pose significant challenges. However, the inherent value proposition of experienced agents, particularly in complex transactions and for high-value properties, coupled with their expertise in local market dynamics and negotiation skills, continues to anchor their relevance. The market is segmented by application into Residential Real Estate, commanding the larger share due to its higher volume of transactions, and Commercial Real Estate, which offers substantial fee potential per deal. By type, Buyer Charges and Seller Charges represent the primary revenue streams for estate agents, with the balance often influenced by regional market norms and negotiation outcomes. Geographically, North America and Europe currently dominate the market, but the Asia Pacific region, driven by rapid economic development and a young, growing population, is anticipated to witness the most dynamic growth in the coming years. Here is a unique report description on Estate Agent Fees, incorporating your specified elements:

This in-depth report offers a granular analysis of the global Estate Agent Fees market, meticulously dissecting its present landscape and projecting its trajectory through 2033. Our study leverages a comprehensive dataset spanning the historical period of 2019-2024, with a base year of 2025 and a detailed forecast period extending from 2025-2033. We delve into the intricate fee structures, market concentrations, and transformative trends shaping the real estate brokerage industry, with a particular focus on transactions potentially reaching the multi-million unit value.

The United States real estate brokerage market, valued at $197.33 billion in 2025, is projected to experience steady growth, driven primarily by a robust housing market, increasing urbanization, and the growing preference for professional real estate services. The market's Compound Annual Growth Rate (CAGR) of 2.10% from 2025 to 2033 indicates a consistent, albeit moderate, expansion. Key market segments include residential and non-residential properties, with sales and rental services as primary revenue streams. Major players such as Keller Williams, RE/MAX, and Coldwell Banker dominate the market, leveraging extensive networks and advanced technological tools to enhance client services. While competition is fierce, the market's growth is fueled by factors like rising home prices, increasing investor interest in real estate, and the continuing need for expert guidance in navigating complex real estate transactions. The market faces challenges such as fluctuating interest rates which can impact buyer affordability and economic downturns that can reduce both sales and rental activity, thereby influencing the overall market expansion. However, the long-term outlook remains positive, supported by the enduring demand for housing and the critical role of brokerage firms in facilitating real estate transactions. The increasing use of online platforms and proptech solutions is also expected to further shape the market landscape in the coming years. The segmentation by property type (residential and non-residential) and service type (sales and rental) provides valuable insights into market dynamics. Residential sales are likely to remain the largest segment, driven by demographic shifts and population growth. The non-residential segment, encompassing commercial properties, will likely experience growth influenced by business expansion and investment activities. The rental segment is expected to continue its growth, particularly in urban areas facing housing shortages. The competitive landscape features established national brands alongside smaller, localized firms. The success of individual firms will depend on their ability to adapt to technological advancements, offer specialized services, and build strong client relationships. Furthermore, government regulations and economic conditions will also continue to play a significant role in shaping the market's trajectory. Recent developments include: May 2024: Compass Inc., the leading residential real estate brokerage by sales volume in the United States, acquired Parks Real Estate, Tennessee's top residential real estate firm that boasts over 1,500 agents. Known for its strategic acquisitions and organic growth, Compass's collaboration with Parks Real Estate not only enriches its agent pool but also grants these agents access to Compass's cutting-edge technology and a vast national referral network., April 2024: Compass has finalized its acquisition of Latter & Blum, a prominent brokerage firm based in New Orleans. Latter & Blum, known for its strong foothold in Louisiana and other Gulf Coast metros, has now become a part of Compass. This strategic move not only solidifies Compass' presence in the region but also propels it to a significant market share, estimated at around 15% in New Orleans.. Key drivers for this market are: 4., Increasing Urbanization Driving the Market4.; Regulatory Environment Driving the market. Potential restraints include: 4., Increasing Urbanization Driving the Market4.; Regulatory Environment Driving the market. Notable trends are: Industrial Sector Leads Real Estate Absorption, Retail Tightens Vacancy Rates.

China's large population, the accelerating urbanization process, rising household disposable incomes, and strong economic expansion have all contributed to the development of the real estate market. As a result, demand for real estate agents in China has been rising to meet the expanding market volumes and requirements for higher transaction efficiency.Over the five years through 2025, industry revenue is anticipated to decrease at a CAGR of 3.3%, including a decline of 2.2% in 2025. A competitive market has led to speculation and inflated housing prices in recent years. As a result, the Chinese government has implemented property-purchasing and loan limitations, price restrictions, and housing tax reforms to regulate industry development and limit speculation. Since 2022, consumers' demand for real estate has declined due to the COVID-19 epidemic and economic downturn. In 2023, the newly constructed area of real estate decreased by 20.9% year-on-year, which was narrower than that in 2022, while the completed area of real estate in this year increased by 15.8%.Over the five years through 2030, ACMR-IBISWorld forecasts that China's Real Estate Agents industry will recover, with revenue increasing at a CAGR of 1.9%. Due to intensifying competition, the separation of real estate development and sales will continue. Outsourcing real estate sales operations will improve the operational efficiency of real estate developers and offer new opportunities for real estate intermediary service providers in the industry.

The United States Real Estate Services Market Report is Segmented by Property Type (Residential, Commercial), by Service (Brokerage Services, Property Management Services, Valuation Services and More), by Client Type (Individuals/Households, Corporates & SMEs and More), and by States (Texas, California, Florida, New York, Illinois, Rest of US). The Market Forecasts are Provided in Terms of Value (USD).

Market Size statistics on the Estate Agents industry in the UK

The North America Real Estate Brokerage Market Report is Segmented by Property Type (Residential, Commercial), Service (Sales, Rental/Leasing), Client Type (Individuals/Households, Corporates & SMEs, Others), and by Country (United States, Canada, Mexico). The Market Forecasts are Provided in Terms of Value (USD).

There were estimated to be approximately 57,700 estate agents working in the United Kingdom as of the first quarter of 2025, compared with 62,400 in the previous quarter.

Discover the latest insights into the booming North American real estate brokerage market. Explore market size, CAGR, key drivers, trends, and top players like Keller Williams and RE/MAX. Forecast data reveals lucrative growth opportunities until 2033. Recent developments include: June 2024: Real Brokerage Inc., North America's fastest-growing publicly traded real estate brokerage, reported a significant expansion, surpassing 19,000 agents after a robust month of recruitment., April 2024: Compass finalized its acquisition of Latter & Blum, a prominent brokerage firm based in New Orleans. Latter & Blum, known for its strong foothold in Louisiana and other Gulf Coast metros, has now become a part of Compass. This strategic move not only solidifies Compass' presence in the region but also propels it to a significant market share, estimated at around 15% in New Orleans.. Key drivers for this market are: 4., Increasing Urbanization Driving the Market4.; Regulatory Environment Driving the Market. Potential restraints include: 4., Increasing Urbanization Driving the Market4.; Regulatory Environment Driving the Market. Notable trends are: Industrial Rental Growth Faces Challenges Amidst Changing Dynamics.

Discover the latest market analysis on estate agent fees, revealing a $272.2 million market in 2025 projected for significant growth. Explore key drivers, trends, and regional variations impacting this dynamic sector, featuring insights from top players like Zillow, RE/MAX, and CBRE.

The real estate brokerage services market is experiencing robust growth, driven by several key factors. Technological advancements, such as the adoption of property management software (like those used by BrokerWOLF, RealtyAPX, and Dotloop) and online platforms, are streamlining transactions and increasing efficiency. The rise of iBuyers and proptech companies is also transforming the industry, creating new avenues for brokerage services and fostering competition. Increasing urbanization and a growing demand for housing, particularly in emerging markets, are fueling market expansion. While fluctuating interest rates and economic uncertainty can act as restraints, the overall long-term outlook remains positive due to the fundamental need for professional real estate guidance in navigating complex transactions. The market segmentation is likely diverse, encompassing residential, commercial, and specialized niche services (e.g., luxury properties, investment properties). Leading companies such as iBroker, Compass, and eXp Realty are driving innovation and consolidating market share, while smaller, regional firms like MRG Realty Partners and Spark Estate are thriving by catering to specific local market demands. The forecast period of 2025-2033 suggests a continuation of this growth trajectory, particularly as technology continues to integrate further into the industry. This growth is expected to be fueled by a number of factors, including increased demand for luxury properties in certain regions, growing adoption of PropTech solutions for enhanced efficiency and transparency in transactions, and a shift towards specialized brokerage services catering to niche markets. The competitive landscape, characterized by both established players and emerging proptech companies, will continue to evolve, leading to strategic mergers and acquisitions, technological innovation, and a focus on improving client experience. Regional variations in market performance are anticipated, reflecting differences in economic conditions, demographic trends, and regulatory environments. However, overall, the real estate brokerage market demonstrates significant potential for continued expansion and innovation throughout the forecast period, even amidst potential economic headwinds. The key to success for brokerage firms will be agility and adaptation to technological advancements, along with a focus on personalized client services.