Skip to main content

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
Southeast Minnesota 11011$31.77/hr$13.74/hr$16.62/hr$19.05/hr$27.76/hr$79.77/hr

IndustryOES Employment (Statewide)OES Median Wage (Statewide)
Natural Resources and MiningN/AN/A
Trade, Transportation and UtilitiesN/AN/A
Financial Activities1,930$18.61/hr
Professional and Business Services140$18.97/hr
Education and Health ServicesN/AN/A
Leisure and HospitalityN/AN/A
Other ServicesN/AN/A
Public Administration60$42.09/hr
Geography Click link for details EmploymentMedian WageProjections
% Change 2020-2030
Southwest Balance of State N/AN/AN/A
Grand Forks ND-MN MSA 30$27.72/hrN/A
St Cloud MN MSA 30$19.70/hrN/A
Northeast Balance of State 30N/AN/A
Southeast Balance of State 40$17.57/hrN/A
Northeast Minnesota 60$17.71/hr-2.9%
Mankato-North Mankato MN MSA 70$18.07/hrN/A
Duluth MN-WI MSA 80$18.75/hrN/A
Rochester MN MSA 80N/AN/A
La Crosse WI-MN MSA 90$23.60/hrN/A
Northwest Balance of State 100$22.51/hrN/A
Central Minnesota 100$18.53/hr-0.9%
Southwest Minnesota 110$18.53/hr-1.1%
Southeast Minnesota 110$19.05/hr-3.8%
Northwest Minnesota 130$22.51/hr2.2%
Fargo ND-MN MSA 200$28.43/hrN/A
Seven County Mpls-St Paul, MN 1,490$18.64/hr4.2%
Minneapolis-St Paul-Bloomington MN-WI MSA 1,590N/AN/A
Minnesota 2,170$18.63/hr2.9%

Occupations Click link for details EmploymentMedian WageProjections
% Change 2020-2030
Real Estate Brokers 670$37.47/hr2.9%
Property, Real Estate, and Community Association Managers 4,120$29.81/hr0.4%
Advertising Sales Agents 1,730$26.36/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.