Occupational Employment Statistics


DETAILED OCCUPATION DATA

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 EmploymentEmp SE*Percentiles
Mean10th25thMedian75th90th
Northwest Minnesota 8030$26.47/hr$11.20/hr$15.76/hr$30.37/hr$35.37/hr$38.52/hr


IndustryOES Employment (Statewide)OES Median Wage (Statewide)
Construction120$17.87/hr
Trade, Transportation and UtilitiesN/AN/A
Financial Activities1,510$19.78/hr
Professional and Business Services40$25.16/hr
Education and Health ServicesN/AN/A
Leisure and HospitalityN/AN/A
Public Administration60$36.80/hr
 
Geography EmploymentMedian WageProjections
% Change 2016-2026
Northeast Balance of State N/AN/AN/A
Southwest Balance of State N/A$20.88/hrN/A
Southeast Balance of State N/AN/AN/A
Grand Forks ND-MN MSA N/AN/AN/A
Mankato-North Mankato MN MSA 20$16.17/hrN/A
St Cloud MN MSA 30$22.49/hrN/A
Northeast Minnesota 30$29.82/hr1.4%
Duluth MN-WI MSA 30$28.28/hrN/A
Rochester MN MSA 50$24.27/hrN/A
Southeast Minnesota 50$23.81/hrN/A
Southwest Minnesota 50$20.23/hrN/A
Northwest Balance of State 60$32.12/hrN/A
La Crosse WI-MN MSA 60$22.64/hrN/A
Central Minnesota 80$21.29/hrN/A
Northwest Minnesota 80$30.37/hr1.7%
Fargo ND-MN MSA 160$28.63/hrN/A
Seven County Mpls-St Paul, MN 1,500$19.77/hr6.9%
Minneapolis-St Paul-Bloomington MN-WI MSA 1,550$19.93/hrN/A
Minnesota 1,740$20.28/hr5.3%


Occupations EmploymentMedian WageProjections
% Change 2016-2026
Private Detectives and Investigators 490N/A9.0%
Advertising Sales Agents 2,710$26.37/hr-4.5%
Appraisers and Assessors of Real Estate 1,550$28.63/hr17.1%


  • Accompany buyers during visits to and inspections of property, advising them on the suitability and value of the homes they are visiting.
  • Act as an intermediary in negotiations between buyers and sellers, generally representing one or the other.
  • Present purchase offers to sellers for consideration.
  • Coordinate appointments to show homes to prospective buyers.
  • Answer clients' questions regarding construction work, financing, maintenance, repairs, and appraisals.
  • 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.
  • Confer with escrow companies, lenders, home inspectors, and pest control operators to ensure that terms and conditions of purchase agreements are met before closing dates.
  • Promote sales of properties through advertisements, open houses, and participation in multiple listing services.
  • Advise sellers on how to make homes more appealing to potential buyers.