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Occupational Employment Statistics


41-9022 Real Estate Sales Agents

Rent, buy, or sell property for clients. Perform duties, such as study property listings, interview prospective clients, accompany clients to property site, discuss conditions of sale, and draw up real estate contracts. Includes agents who represent buyer.

Geography Click link for Career Profile EmploymentEmp SE*Percentiles
Northwest Minnesota 8010$32.24/hr$14.55/hr$18.32/hr$24.74/hr$40.93/hr$46.89/hr

IndustryOES Employment (Statewide)OES Median Wage (Statewide)
Trade, Transportation and UtilitiesN/AN/A
Financial Activities1,700$21.80/hr
Professional and Business ServicesN/AN/A
Education and Health ServicesN/AN/A
Leisure and HospitalityN/AN/A
Public AdministrationN/AN/A
Geography Click link for details EmploymentMedian WageProjections
% Change 2020-2030
Rochester MN MSA N/A$19.78/hrN/A
St Cloud MN MSA N/A$18.73/hrN/A
Northwest Balance of State N/A$26.60/hrN/A
Southwest Balance of State 20$30.16/hrN/A
Grand Forks ND-MN MSA 30$28.28/hrN/A
Northeast Balance of State 30$27.90/hrN/A
Northeast Minnesota 50$23.47/hr-2.9%
Duluth MN-WI MSA 50$23.54/hrN/A
Mankato-North Mankato MN MSA 50$19.12/hrN/A
Southeast Balance of State 60$28.12/hrN/A
Northwest Minnesota 80$24.74/hr2.2%
Southwest Minnesota 80$21.82/hr-1.1%
Central Minnesota 90$19.31/hr-0.9%
Southeast Minnesota 90$23.04/hr-3.8%
La Crosse WI-MN MSA 90$25.59/hrN/A
Fargo ND-MN MSA 110$28.81/hrN/A
Seven County Mpls-St Paul, MN 1,420$21.90/hr4.2%
Minneapolis-St Paul-Bloomington MN-WI MSA 1,540$21.99/hrN/A
Minnesota 1,890$21.90/hr2.9%

Occupations Click link for details EmploymentMedian WageProjections
% Change 2020-2030
Real Estate Brokers 810$30.97/hr2.9%
Property, Real Estate, and Community Association Managers 5,140$30.71/hr0.4%
Advertising Sales Agents 1,850$30.23/hr-2.8%

  • Appraise properties to determine loan values.
  • Compare a property with similar properties that have recently sold to determine its competitive market price.
  • Prepare documents such as representation contracts, purchase agreements, closing statements, deeds, and leases.
  • Advise clients on market conditions, prices, mortgages, legal requirements, and related matters.
  • Coordinate appointments to show homes to prospective buyers.
  • Answer clients' questions regarding construction work, financing, maintenance, repairs, and appraisals.
  • Display commercial, industrial, agricultural, and residential properties to clients and explain their features.
  • Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting.
  • Promote sales of properties through advertisements, open houses, and participation in multiple listing services.
  • Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.