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Real Estate Agents in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Real Estate Agents Market Research Report | Jan 2014

IBISWorld’s Real Estate Agents market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$22bn
Annual Growth 08-13
17.7%
Annual Growth 13-18
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Profit
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Employment
483,674
Businesses
37,928
Industry Analysis & Industry Trends

The still young Real Estate Agent industry in China has developed rapidly over the past decade, in line with the high growth across China's real estate markets. China's large population, the accelerating urbanization process, rising household disposable income and strong economic growth have all contributed to the development of the real estate market. As a result, there is increasing demand for real estate agents in China to meet the expanding market volumes, requirements for higher transaction efficiency, and professional divisions across There are about 37,928 industry enterprises employing 483,674 workers with a payroll of $8.7 billion in total wages.

Over the five years through 2013, the industry has grown at an annualized rate of 17.7% to $22.4 billion.... purchase to read more

Industry Report - Industry Investment Chapter

The Real Estate Agents industry in China has a large number of sales staff to promote real estate sales and rentals. A substantial share of industry revenue is paid to employees in the form of wages, with the bulk of revenue being paid to sales staff in the form of commissions. Other types of enterprises such as real estate consultancy and evaluation firms rely on qualified professionals and their labor costs are even higher.

In daily operations, capital expenses in this industry are low. The main equipment in real estate intermediation enterprises are computer and internet equipment, which is used for the management of sales, customers and real estate information. Most branch offices are rented rather than owned... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Real Estate Agents Industry?

Real Estate Agents in China provide real estate services, including sales agency, consulting, property evaluations, real estate brokerage and other related services.

Industry Products
Real estate agency servicesReal estate brokerage servicesConsultancyEvaluation
 
Industry Activities
Real estate price evaluationsReal estate intermediation and salesReal estate rental brokerageReal estate consultancy servicesReal estate purchasing guarantees


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