ST. LOUIS--(BUSINESS WIRE)--Real Estate Express, the national leader in online pre-licensing real estate education, today announced the immediate availability of the results from a comprehensive national survey of more than 1,000 active real estate agents. The report reveals that real estate professionals are highly satisfied with their career and market outlook. Specific details of income potential by various categories including age, years of experience and brokerage type are provided in the report.
The survey found that agents who invest in their education and stay up-to-date on industry trends and best practices earn approximately 2.5 times the income of agents who are complacent. The survey also unveiled that when it comes to career satisfaction agents are 28 percent more satisfied than American workers in non-real estate professions. Additionally, agents are optimistic about their career, with 80 percent of agents and 85 percent of brokers indicating that the future looks bright. The real estate survey also discovered that, while a wage gap between male and female agents exists, it is six percent less than non-real estate professions.
“The highest earners in this field share many commonalities,” said Tom Davidson, General Manager of Real Estate Express. “Networking, marketing, an in-depth understanding of client needs, the ability to customize listings, participate in ongoing education, and have a specific area of expertise are attributes the top earners share. This report is great reading for anyone in the field of real estate or who may be thinking about starting a career in this fast-growing market.”
“This is a great career with virtually unlimited income potential,” said Elaine Price at Price Realty Group. “The combination of flexible hours, a strong economy, access to online continuing education courses and the ability to help people find their dream homes make real estate an ideal profession. Real Estate Express courses have been extremely beneficial to my career, which includes buying and selling residential properties in the Dallas Fort Worth Metroplex.”
The report also unveiled that more than 50 percent of agents changed brokerage firms in their career and more than 80 percent of brokerage firms are hiring in 2018. However, less than 18 percent of brokerage firms offer benefits. This is further complicated by the fact that great agents are in high demand, especially those who exhibit superior client experience, possess a deep understanding of their local market, can embrace new technologies and stay current on best practices.
“Essentially, brokers are facing the same challenge as the technology industry; we are looking to work with a team of brilliant, forward-thinking, savvy go-getters,” said Michelle Walker, Broker Owner of STL Buy & Sell, REALTORS®. “We are competing for the same great agents who are driven by unlimited income potential and understand the importance of continuing education. At STL Buy & Sell Realtors we can recruit and retain awesome agents because we have a hyperlocal approach and offer benefits that set us apart from the competition.”
Real Estate Express, along with McKissock and The Institute for Luxury Home Marketing, is part of the family of brands under Colibri Group, an online education company with six leading brands that provide learning solutions to licensed professionals.
To download the 2018 Real Estate Income Guide, click here. To learn more about Real Estate Express, including pre-licensing education for sales agents and brokers, continuing education (CE), professional development or broker solutions, visit www.realestateexpress.com.
ABOUT REAL ESTATE EXPRESS
Real Estate Express is the national leader in online pre-licensing education, providing the ultimate learning experience that combines the interactivity of the classroom with the flexibility of online. With industry-leading pass rates, its user-friendly learning platform and enhanced service offerings, the company prepares aspiring real estate professionals to get licensed and kick-start their career. Real Estate Express is part of Colibri Group, an online education company that provides learning solutions to licensed professionals who strive to be among the best in their fields. For more information, visit www.realestateexpress.com.