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).

The Real Estate Sales and Brokerage industry has faced headwinds recently, mainly because of high mortgage rates. Between 2022 and 2023, the Federal Reserve raised its benchmark interest rate 11 times to manage inflation. Although reduced several times since, the aftermath remains prevalent, with mortgage rates still significantly higher than the levels of 2019-2021. This has stifled homebuyer demand, resulting in reduced home sales and pressure on related sectors. Agents and brokers are adjusting to this new reality, with many would-be homeowners delaying or reconsidering their purchasing plans. The office market has also been impacted, facing high vacancy rates. Despite the challenges, there are indicators of resilience in the industry. Housing inventory has increased, alleviating some buying pressures and providing more options for buyers. Brokers and agents are shifting their strategies, focusing more on marketing and price negotiations. Home prices have continued to climb, benefiting agents and brokerages whose commission relies on selling prices. In the office market, despite an increase in vacancies, sales of buildings have been on the rise; brokers have found opportunities by focusing on high-quality assets, such as Class A office spaces. Nonetheless, because of the industry's robust performance from 2020 to 2021, revenue has climbed at a CAGR of 0.7% over the past five years, reaching $240.0 billion in 2025. 2025 revenue will climb an estimated 0.6% as home price appreciation and a rebound in commercial sales volume will fuel tepid growth. The 'higher for longer' mortgage rate environment will persist, but reductions in interest rates will make new building constructions less expensive, leading to a gain in apartment complex constructions and benefiting real estate professionals. Supply constraints will gradually ease as housing starts are projected to strengthen, resulting in a more balanced and sustainable market. The industry will also see technological advancements with a greater reliance on AI-driven lead generation, virtual staging and automated transaction tools. Federal efforts to alleviate housing shortages through regulatory reforms and the use of federal lands for housing construction may boost the industry. Overall, industry revenue will gain at a CAGR of 1.8% to reach $262.6 billion in 2030.

The global commercial real estate brokerage and management market size is expected to reach USD 494.96 billion in 2032, growing at a CAGR of 7.2% and Rise in Government Initiatives for Real Estate Investments drive market growth.
Report Scope:

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 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.

The United States real estate brokerage market, valued at $197.33 billion in 2025, is projected to experience steady growth, exhibiting a Compound Annual Growth Rate (CAGR) of 2.10% from 2025 to 2033. This growth is driven by several key factors. A robust housing market, fueled by increasing population and urbanization, continues to generate significant demand for brokerage services. Technological advancements, such as improved online platforms and data analytics, are streamlining operations and enhancing efficiency for both brokers and consumers. The rise of iBuyers and proptech companies, while posing some competition, also contribute to market expansion by creating innovative solutions and attracting a broader customer base. Furthermore, a shift toward specialized services, catering to niche markets like luxury properties or commercial real estate, is expected to contribute to market diversification and growth. The market is segmented into residential and non-residential sectors, with sales and rental services further dividing each segment. Major players such as Keller Williams, RE/MAX, Coldwell Banker, and Berkshire Hathaway Home Services maintain significant market shares, competing through brand recognition, extensive networks, and technological capabilities. However, certain restraints are present. Interest rate fluctuations and economic uncertainty can impact buyer confidence and consequently, transaction volume. Increasing regulatory scrutiny and compliance costs also add operational challenges for brokerage firms. Competition from independent agents and disruptive technologies demands continuous adaptation and innovation to maintain market competitiveness. The residential segment is expected to remain the largest, driven by consistent demand, while the non-residential sector may show slightly slower growth given fluctuations in commercial investment and development cycles. The sales segment will likely maintain its predominance, although the rental market is anticipated to see growth, reflecting evolving consumer preferences and rental market trends. The ongoing evolution of the market will likely see greater consolidation among larger firms and an increased focus on technological solutions, enhancing transparency, customer experience, and overall market efficiency. This comprehensive report provides an in-depth analysis of the United States real estate brokerage market, covering the period from 2019 to 2033. It leverages extensive market research and data analysis to offer valuable insights into market trends, growth drivers, challenges, and key players. The report is essential for investors, industry professionals, and anyone seeking a comprehensive understanding of this dynamic sector. The base year for this analysis is 2025, with estimations for 2025 and forecasts extending to 2033, utilizing historical data from 2019-2024. Search terms optimized for maximum visibility include: real estate brokerage, US real estate market, real estate trends, residential real estate, commercial real estate, real estate agents, real estate investment, real estate technology, M&A real estate, and real estate market analysis. 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.

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).

Market Size statistics on the Real Estate Sales & Brokerage industry in the US

The European real estate brokerage market, valued at €218.60 million in 2025, is projected to experience steady growth, exhibiting a Compound Annual Growth Rate (CAGR) of 3.10% from 2025 to 2033. This growth is fueled by several key factors. Increased urbanization across major European cities drives demand for residential and commercial properties, boosting brokerage services. Furthermore, the rise of online platforms and proptech innovations are transforming the industry, offering greater transparency and efficiency in property transactions. The increasing complexity of real estate regulations and the need for expert advice also contribute to the market's expansion. The market is segmented by property type (residential and non-residential) and service offered (sales and rental), with residential sales currently dominating. Major players like Jones Lang LaSalle (JLL), CBRE Group, Colliers International, and Savills hold significant market share, but smaller, specialized firms and online brokers are also gaining traction, fostering increased competition. The market's geographical distribution reflects the economic strength and population density of various European nations, with the United Kingdom, Germany, France, and Spain accounting for a substantial portion of the overall market value. Future growth will likely be influenced by macroeconomic conditions, interest rates, and evolving consumer preferences regarding property ownership and rental models. Growth within the European real estate brokerage market will see variations across different segments. The rental segment is expected to experience relatively faster growth compared to the sales segment, driven by increasing preference for rental accommodations, especially among younger demographics. Within the geographic segmentation, countries with robust economic growth and supportive government policies are predicted to showcase higher growth rates than others. The competitive landscape is characterized by both established multinational firms and smaller, nimble companies, with the former leveraging their brand recognition and global networks, while the latter focusing on niche markets and specialized services. Technological advancements will continue reshaping the industry, creating new opportunities while simultaneously presenting challenges for traditional brokerage models. Strategic partnerships and mergers and acquisitions are expected to further consolidate the market. Recent developments include: March 2024: Newmark Group Inc., a commercial real estate advisor, inaugurated its flagship office in Paris, France. The company, known for its services to institutional investors, global corporations, and property owners, appointed industry veterans Francois Blin and Emmanuel Frénot to spearhead the Paris team. Situated at 32 Boulevard Haussmann 75009, in the 9th arrondissement, the office officially opened on March 11, 2024, and is expected to emphasize capital markets and leasing.January 2024: eXp Realty, a luxury real estate brokerage under eXp World Holdings Inc., unveiled the extension of its esteemed luxury real estate initiative, eXp Luxury, into critical European markets. These markets include Portugal, Spain, France, Italy, Germany, and Greece. This expansion is expected to bolster eXp Realty's international footprint and reaffirm its dedication to setting new global luxury real estate benchmarks.. Key drivers for this market are: Economic Stability and Growth, Technological Advancements. Potential restraints include: Economic Stability and Growth, Technological Advancements. Notable trends are: Legislative Changes Drive a Surge in French Real Estate Interest Among British Buyers.

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.

The Asia-Pacific Real Estate Brokerage Market Report is Segmented by Type (Residential and Non-Residential), Service (Sales and Rental), and Country (Australia, China, India, Indonesia, Japan, Malaysia, Thailand, and Vietnam). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

The Egypt Real Estate Brokerage Market Report is Segmented by Business Model (Sales, Rental), by Property Type (Residential (Apartments and Condominiums, Villas and Landed Houses), Commercial (Office, Retail, Logistics, Others)), by Client Type (Individuals/Households, Corporates & SMEs, Others), and by Geography (Greater Cairo, Alexandria, Giza, Rest of Egypt). The Market Forecasts are Provided in Terms of Value (USD).

Real Estate Brokerage Software Market size was valued at USD 21.3 Billion in 2024 and is projected to reach USD 44.5 Billion by 2031, growing at a CAGR of 9.55% during the forecasted period 2024 to 2031

Global Real Estate Brokerage Software Market Driver

Growing Adoption of Digital Solutions: To improve customer satisfaction, increase efficiency, and streamline operations, real estate brokerages are embracing digital technologies more and more. With the use of technologies like customer relationship management (CRM), transaction management, marketing automation, and property listing management, real estate brokerages can digitize 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 brokerage software, brokers and agents may manage listings, agreements, contracts, and financial transactions more easily and with less administrative work.

Growing Need for Client Relationship Management: To draw in and keep clients, real estate brokerages must establish and nurture excellent client relationships. CRM features for keeping client contacts, tracking interactions, setting up appointments, and sending tailored emails are all included in real estate brokerage software. These features assist brokers in nurturing leads and offering clients individualized service.

Focus on Lead Generation and Marketing: Real estate brokerages rely heavily on marketing to draw in buyers, sellers, and investors. With the use of capabilities for marketing properties, listing advertisements, virtual tours, and lead generation via digital channels including websites, social media, and email campaigns, real estate brokerage software enables brokers to reach a larger audience and create more business opportunities.

Transaction Management Solutions Are Needed: In order to manage a real estate transaction, several parties must coordinate their efforts, including buyers, sellers, agents, lenders, and lawyers. With the help of transaction management features found in real estate brokerage software, brokers may effectively manage deals and reduce risks by keeping track of deadlines, organizing papers, promoting communication, and guaranteeing compliance with legal and regulatory standards.

Demand for Business Intelligence and Data Analytics: In the real estate sector, data-driven decision-making is becoming more and more crucial. With the analytics and reporting features that real estate brokerage software provides, brokers may make well-informed business decisions and obtain a competitive edge by tracking key performance indicators (KPIs), keeping an eye on market trends, analyzing client preferences, and optimizing marketing campaigns.

Trend toward Remote Work and Collaboration: Cloud-based real estate brokerage software is becoming more widely used as a result of the growth of remote work and online collaboration. Cloud-based solutions facilitate team collaboration and offer flexibility in handling transactions remotely by enabling brokers and agents to view property listings, documents, and client information from any place with internet connectivity.

Integration of modern Technologies: To improve the functionality and performance of their platforms, real estate brokerage software providers 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.

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

Market development and Globalization: The need for scalable and adaptable real estate brokerage software solutions is driven by the development of real estate brokerages into new geographic areas and the globalization of real estate markets. Software vendors respond to the varied needs of global customers and marketplaces by providing multi-language support, multi-currency capabilities, and localization tools.

In 2024, Market Research Intellect valued the Real Estate Brokerage Software Market Report at 3.5 billion, with expectations to reach 7.2 billion by 2033 at a CAGR of 8.7%.Understand drivers of market demand, strategic innovations, and the role of top competitors.

Global Real Estate Brokerage Services market size 2021 was recorded $141.246 Billion whereas by the end of 2025 it will reach $211.5 Billion. According to the author, by 2033 Real Estate Brokerage Services market size will become $474.22. Real Estate Brokerage Services market will be growing at a CAGR of 10.62% during 2025 to 2033.

The global commercial real estate brokerage and management market size reached USD 276.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 476.4 Billion by 2033, exhibiting a growth rate (CAGR) of 5.93% during 2025-2033. The ongoing vacancy of various well-furnished commercial complexes across the globe and the widespread adoption of property management solutions across the real estate sector represent some of the key factors driving the market.

IMARC Group provides an analysis of the key trends in each segment of the global commercial real estate brokerage and management market, along with forecasts at the global, regional, and country level from 2025-2033. Our report has categorized the market based on type, solution, and application.

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US Real Estate Brokerage Software Market Size 2024-2028

The US real estate brokerage software market size is forecast to increase by USD 989.1 million at a CAGR of 9.33% between 2023 and 2028.

The real estate brokerage software market In the US is witnessing significant growth due to several key trends. Residential real estate is continually seeking ways to enhance operational efficiency and client services. companies are responding by introducing innovative real estate software solutions, such as cloud-based deployment, omnichannel communications, and predictive analytics. Furthermore, the availability of open-source real estate brokerage software solutions is providing more options for brokers, enabling them to choose solutions that best fit their business requirements. These trends are driving the growth of the market and are expected to continue shaping its future trajectory.
Cloud-based brokerage software is a popular choice due to its flexibility, scalability, and cost-effectiveness. ROI is a key consideration for brokerages, making software technologies that offer blockchain technology, smart contracts, and contract management software attractive. Internet and smartphone usage continues to rise, driving the demand for user-friendly, mobile-responsive software. The market is expected to grow, offering significant opportunities for companies providing innovative, efficient, and secure solutions.

What will be the size of the US Real Estate Brokerage Software Market during the forecast period?

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The real estate brokerage industry In the US is experiencing significant digital transformation, with an increasing adoption of software solutions to streamline operations and enhance customer experiences. Digital technologies, including CRM, transaction management, marketing automation, property listing management, and lead generation tools, are becoming essential for real estate brokerages to remain competitive. The complexity of real estate transactions necessitates smart solutions that offer centralized data management, security, and automation.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Customer relationship management
  Transaction management
  Lead generation
  Property management
  Others


Deployment

  Cloud based
  On-premises


Application

  Residential
  Commercial
  Industrial


Geography

  US

By Type Insights

The customer relationship management segment is estimated to witness significant growth during the forecast period.

Real Estate Customer Relationship Management (CRM) software In the US market is a vital tool for brokers and agents to manage client interactions and streamline business processes. CRM systems facilitate lead tracking, client data management, and automated communication workflows, allowing real estate professionals to analyze customer data, schedule follow-ups, and personalize engagement. The increasing importance of customer experience and personalized service In the competitive real estate sector is driving the growth of CRM software.

Additionally, remote work and cloud-based solutions, data analytics, integration with other tools, and emerging technologies like Augmented Reality (AR), Virtual Reality (VR), Machine Learning (ML), and Artificial Intelligence (AI) are enhancing the functionality and efficiency of CRM software In the real estate industry. Enhanced data security features are also crucial for protecting sensitive client information.

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The customer relationship management segment was valued at USD 401.70 million in 2018 and showed a gradual increase during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in the adoption of US Real Estate Brokerage Software Market?

The increasing focus of real estate brokers on enhancing operational efficiency and client services is the key driver of the market.

The Real Estate Brokerage Software Market In the US is witnessing significant growth due to the implementation of digital solutions that streamline operations and enhance customer service. These software solutions cater to the unique requirements of real estate brokerages by offering features such as Customer Relationship Management (CRM), Transaction Management, Marketing Automation, Property Listing Management, and Lead Generation. BoomTown offers an all-in-one plat

Technological advancements in the North America Real Estate Brokerage industry are shaping the future market landscape. The report evaluates innovation-driven growth and how emerging technologies are transforming industry practices, offering a comprehensive outlook on future opportunities and market potential.

The size of the Europe Real Estate Brokerage Market market was valued at USD 218.60 Million in 2023 and is projected to reach USD 270.68 Million by 2032, with an expected CAGR of 3.10% during the forecast period. Recent developments include: March 2024: Newmark Group Inc., a commercial real estate advisor, inaugurated its flagship office in Paris, France. The company, known for its services to institutional investors, global corporations, and property owners, appointed industry veterans Francois Blin and Emmanuel Frénot to spearhead the Paris team. Situated at 32 Boulevard Haussmann 75009, in the 9th arrondissement, the office officially opened on March 11, 2024, and is expected to emphasize capital markets and leasing.January 2024: eXp Realty, a luxury real estate brokerage under eXp World Holdings Inc., unveiled the extension of its esteemed luxury real estate initiative, eXp Luxury, into critical European markets. These markets include Portugal, Spain, France, Italy, Germany, and Greece. This expansion is expected to bolster eXp Realty's international footprint and reaffirm its dedication to setting new global luxury real estate benchmarks.. Key drivers for this market are: Economic Stability and Growth, Technological Advancements. Potential restraints include: Economic Stability and Growth, Technological Advancements. Notable trends are: Legislative Changes Drive a Surge in French Real Estate Interest Among British Buyers.

The Saudi Arabia Real Estate Brokerage Market Report is Segmented by Type (Residential and Non-Residential) and Services (Sales and Rental). The Report Offers Market Sizes and Forecasts for the Above Segments in Value (USD).